2017 Board of Directors Elections Results
The Society of Actuaries (SOA) today announced the results of its member voting, with James M. Glickman, FSA, MAAA, CLU, serving as 2017-2018 president-elect. Glickman will begin his duties as the 70 th SOA President at the 2018 SOA Annual Meeting and Exhibit, for the 2018-2019 term.
Glickman is the president and CEO of LifeCare Assurance Company, a long-term care (LTC) reinsurer, which he helped found in 1988. Prior to that, Glickman spent 16 years working at four other insurance companies in product development and reinsurance roles.
Glickman was the founding chairperson of the SOA's Long Term Care Section and served as its chairperson two additional years. Since its formation in 2005, he has served as executive director of the Intercompany Long-Term Care Insurance Conference Association, Inc. (ILTCI), and he was one of the founding ILTCI Board members.
During his term, Glickman plans to increase visibility of the actuarial profession, professional interest section involvement, member availability of quality continuing professional development, new opportunities for expanding member volunteerism, and cooperation with the other actuarial organizations.
A total of 6,006 SOA members, or 26.25 percent of eligible voters, voted in this year's election, compared to approximately 6,608 SOA members, or 29.84 percent, in 2016 and 6,193 SOA members, or 28.81 percent, in 2015.
Vote totals for President-Elect candidates are provided below.
First Preferential Vote: President-Elect
|James M. Glickman, FSA, MAAA||2,550||43.6%|
|Alice Rosenblatt, FSA, MAAA, CERA||1,859||31.8%|
|Joan C. Barrett, FSA, MAAA||1,440||24.6%|
Second Preferential Vote: President-Elect
|James M. Glickman, FSA, MAAA||2,963||51.5%|
|Alice Rosenblatt, FSA, MAAA, CERA||2,787||48.5%|
|Joan C. Barrett, FSA, MAAA||0||0%|
The SOA announced the newly elected SOA Board members:
- Sue Blanck, FSA, MAAA
- Christine Hofbeck, FSA, MAAA
- Wendy C. Liang, FSA, CERA, MAAA
- Terry M. Long, FSA, MAAA
- David K. Sandberg, FSA, CERA, MAAA
Criteria for an international member and a member in the health area of practice has been satisfied.
Additional communication will be distributed later announcing the results of Section Council elections.Thank you to everyone who participated in the 2017 elections.