Description: In this fourth issue of International News of 2022.

Description: A compilation of reader responses is presented to a real life situation. This issue’s case study involved a candidate for an actuarial position who didn't handle salary discussions well, and whether that should impact the hiring decision.

Description: Many start-up companies have certain elements in common: Most are still developing a profitable, working business model, there is little to no hierarchy or management structure, and everyone is in it together. A typical challenge is an ability to retain and/or attract strong leaders due to lack of resources needed to compete in the higher compensated talent markets. This article introduces The Equity Bonus Plan, which can help entrepreneurs attract and retain talent.

Description: Interview with Sara Teppema showing her career journey and leadership philosophy.

Description: In the time since the original proposal to move healthwriting companies from the blue blank to the orange blank, there have been several incremental updates to the blue blank by the NAIC Blanks Working Group to integrate portions of the orange blank into the blue blank. Meanwhile, the NAIC RBC Working Group has issued their proposal to change the health test for comment and appear to be moving forward with the proposal to revise the health test. This would obligate companies that write predominantly health business onto the orange blank rather than the blue blank, which they have historically used for reporting. Discover background of the revised health test, the incremental updates to the blue blank that have been implemented recently, additional incremental updates proposed for upcoming blue blanks, and the current status of the Health RBC Working Group proposal to revise the health test. Hear observations about companies that have opted to 'take the plunge' and move to the orange blank ahead of the revised health test as well as companies that have opted to remain on the blue blank and incrementally update as new requirements are integrated into the Blue blank. By attending the session, you will be able to: • Understand the context of the initiative to revise the NAIC health test. • Summarize the recent changes to the blue blank implemented by the Blanks Working Group that integrate portions of the orange blank into the blue blank. • Summarize the upcoming proposed changes to the blue blank by the Blanks Working Group that integrate additional portions of the orange blank into the blue blank. • Summarize the current status of the Health RBC Working Group proposal to revise the health test. • Provide industry perspective on companies that have opted to move to the orange blank ahead of the revised health test and companies that have opted to remain on the blue blank until the NAIC requires it.

Description: The Society of Actuaries (SOA) Board of Directors voted at their June 11-12, 2022 meeting to approve a transition extension for certain Fellow of the SOA (FSA) candidates. The extension applies to Fellowship candidates who attained the ASA designation by July 1, 2018. These candidates are exempt from passing the Predictive Analytics exam if they complete all requirements for FSA (including the Fellowship Admissions Course) prior to the new deadline of January 1, 2024.

Description: A listing of professional development opportunities in the recent past that have relevance to general insurance actuaries.

Description: How to design a meeting's environment to maximize participants’ positive mood, energy, and opinion of your meeting.

Description: Climate risk modeling is taking center stage. With businesses increasingly expected to show how they assess, adapt to, and mitigate the risks of climate change, companies are asking: What is the right climate risk modeling approach for our business?

Description: Can quiet actuaries inspire others and get things done just as well as their louder, more social colleagues? This isn’t just a question that plagues quiet actuaries, of course. For the over half of us that identify as quiet people and wish to lead, it’s easy to second guess and doubt ourselves. This doubt sometimes holds us back from reaching for that promotion, or starting that new organization. Some quiet actuaries may try to adapt extravert behaviors, however those efforts can be draining and short-lived. This article shows how quiet actuaries can authentically lead and leverage their strengths.