Description: Emails are to the business world what cars are to a road trip: we can't get anywhere without them. This article offers 6 specific strategies to write emails more effectively. The theme is that re-reading your emails to check for a clear goal, conciseness, appropriate tone, etc. is a worthwhile time investment as it saves your reader time and prevents problems caused by miscommunication.

Description: Actuarial functions are being asked to do more with less: being challenged to provide more value to the business through applying insight and foresight. This article examines ways in which actuaries can provide business insights with very limited investment. The article provides actionable steps that actuaries easily apply to their daily work.

Description: One of the most fundamental concepts in actuarial practice is the time value of money. For any work in which future cash flows are allowed for, such as reserving or pricing, it is natural to discount to present values so that an appropriate amount of money can be set aside today, allowing for future investment returns. This article discusses yield curve extrapolation methods along with the benefits and drawbacks of these methods.

Description: This article highlights the importance of communicating concisely and effectively through email and other written forums, and when/when not to use written vs. other forms of communication.

Description: This presentation proposes a solution to the student actuarial paradox “I mastered the syllabus but failed the exam,” by utilizing the two-dimensional syllabus vehicle which pedagogically focuses on the two dimensions of content and problem difficulty. This presentation advocates the PMR characterization of three levels of problems difficulty: Plug-ins (easy), Monkey-wrench (intermediate), and Research-type(hard) questions. PMR was developed by examining difficulty levels in SOA exams, and problems of various software vendors. The author's students routinely score high on the SOA FM exam; it is hoped that these methods will assist other instructors in their quest for good pedagogy. Very briefly: “Plug-ins,” refer to multi-part problems, for example, calculating the price of an annuity that is first increasing and then level; “Monkey-wrench” problems specifically refer to plug-in multi-part problems where one component is a monkey-wrench, an issue the candidate has not previously encountered. It might be a non-typical modeling or it might be a non-typical algebraic simplification or it might be an unexpected integration of distinct modules in a manner that the candidate has not yet seen. “Research-type questions” refer to problems requiring some type of experimentation for example, looking at initial cases, seeing a pattern and then applying methods

Description: A compilation of reader responses is presented to a real life situation posed involving a management, leadership, or other business decision. This issue’s case study involved a new employee being hired specifically for an expertise that then does not seem to be valued once they arrive.

Description: This article covers the importance of letting teams lead you as a leader, that it's okay to admit you're not okay even at work, and that it's important to find informal ways for virtual teams to connect.

Description: Effective strategic planning can have a profound effect on the development of your team and the growth and direction of your actuarial organization. This article shares the elements that will set you up for success before the meeting even begins.

Description: A compilation of reader responses is presented to a real life situation posed involving a management, leadership, or other business decision. This issue’s case study involved a very new actuarial manager trying to deal with a disruptive employee.

Description: A brief discussion on the importance of governance and documentation being in place. The article provides some resources to assist in the development, and the reasons behind having it in place.