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 is a perspective of the upcoming year from the view of the Chair of the Council of the TaxationSection. Following the challenges from the past year and since the arrival of the pandemic, I discussed how we will adapt to this new virtual or hybrid world and how the Taxation Section will continue to offer material to its members.

Description: An article discusses using response keypads for greater audience participation at presentations. This participatory tool allows speakers to assess how knowledgeable their audience is in a topic.

Description: The December 2013/January 2014 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: A discussion of the efforts to implement straight through processing and standardization of the HIPAA form for long term care claims data.

Description: July 2017 issue of The Stepping Stone by Leadership & Development Section. practical information for actuaries, trends that impact section, section activities

Description: Feature article highlighting readers’ responses to a previously published hypothetical workplace dilemma where unlocking assumptions resulted in an unexpected DAC writedown.

Description: Responses to the previous issue’s Actuarial Ethicist case study where a new CEO questioned the conservative nature of the chief actuary's LTD claim reserves.