Description: In this paper the author discusses pricing insurance products in the larger framework of company planning and management. The author also presents a generalized description of the pricing function, which is applicable to any insurance company product. The author discusses the relationship of the premium formulation function to the management of an insurance company, balancing the requirements of management, shareholders, policyholders, and marketing personnel. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.

Description: The article discusses how to create team synergy by building strong team bonds and promoting a culture of collaboration amidst friendly competition. It also notes that strong leadership is to lift up people and empower them.

Description: Think of all the documentation you as an actuary are expected to write: emails, status reports, business plans, white papers, case studies, user guides, pricing and methodology manuals, policies, procedures, regulatory submissions, and more. But while you’ve been formally taught many skills to qualify as an actuary, how to write well is probably not one of them. Fortunately, writing well is not some esoteric skill only available to those with a gift for it. Sure, a little talent helps—but knowing and applying some tricks from professional writers will greatly enhance your ability to communicate even the most complex ideas clearly and simply.

Description: Negotiation has been a critical skill for me for most of my career. I’ve worked as a product actuary, represented a major distributor and now I’m a reinsurance intermediary. Technical actuarial skills were never my strength. However, I’m often able to get parties with differing goals to find a common ground, enabling a project to be completed to everyone’s satisfaction. From The Stepping Stone, April 2005, Issue No. 18.

Description: It is well established that empowerment of staff is a critical leadership trait. But what are the metrics to recognize that you have achieved it? What steps enable this achievement? Which psychological attributes explain its efficacy?This article proposes to answer these questions through a multi-disciplinary examination of empowerment in the context of three leadership domains.

Description: By expanding their knowledge base, actuaries can develop a broad business perspective which in combination with the analytical skills characteristic of the profession can help them succeed in the areas of strategy and general management.

Description: The current president of ACTEX, an actuarial learning company, shares the company's history, development, and vision for the future.

Description: Insurers can leverage information from their required Own Risk Solvency Assessment (ORSA) and use it internally to improve the likelihood of solvency and gain a competitive advantage.

Description: This is a presidential address to the Society of Actuaries by Sam Gutterman. From Transactions of Society of Actuaries 1995-96 Reports.

Description: The authors identify several vulnerabilities of actuarial leaders and offer tips on how to address these weaknesses and strengthen leadership skills.