Description: The objective of this statement of principles is to articulate the current understanding of the significant principles that form the scientific framework underlying all areas of actuarial practice. The intended audience includes practicing actuaries, researchers and others, such as representatives of standard-setting organizations. This articulation is not immutable and should be revised if changes arise in our understanding of the key concepts and phenomena relevant to actuarial science, or if a better expression of the ideas is developed. This statement is the culmination of an effort that begin with the October 1991 draft by the SOA Committee on Actuarial Principles entitled “Principles of Actuarial Science. After incorporating numerous comments, that statement was published in Transactions of the Society of Actuaries XLIV, 1992.

Description: This presentation highlights the importance of communication skills, ethics and professionalism in being a successful actuary.

Description: In the kick-off meeting of the new futurism section, the panel discusses the 1982-1983 election results, the mission of the futurism section, and highlights of the Fourth General Assembly of the World Future Society.

Description: 1993 SOA Annual Meeting in New York. This session is about an intercompany study on credit risk of private placement bonds and commercial mortgages. The development of the study, results for the 1986-1989 period, ongoing nature of the study, and company leverage were discussed.

Description: The author analyzes the arguments for and against a Social Security earnings test and concludes with a recommendation the author believes is consistent with the proper purpose and nature of the old-age, survivors, and disability insurance [OASDI] system. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.

Description: This article explains the Society of Actuaries' views on mandatory continuing education.

Description: Panelists were members of the Society of Actuaries [SOA] Education and Examination Committee, who discuss their proposal for several changes in the SOA's method of educating and qualifying actuaries. These proposed changes are collectively called Future Education Methods [FEM] and Flexible Education System [FES], and they are described in a White Paper on FEM which the Society has distributed to the membership. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: In early 1989, the Society of Actuaries appointed a Task Force on Strengthening Relationships Between Universities and the Actuarial Profession. The charge of the Task Force was to explore the relationships between the actuarial profession and universities in the United States and Canada and recommend how they can be strengthened to the benefit of both the actuarial profession and the universities. This article summarizes the Task Force's recommendations that were approved by the Society of Actuaries Board of Governors. From Actuarial Research Clearing House, 1991 Vol. 1.

Description: The SOA's mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expect advice and relevant solutions for financial, business and societal problems involving uncertain future events. In session 110IF of the Washington Annual Meeting panelists discuss the work and findings of the Task Force on SOA Research Project Activity Effectiveness to meet that mission. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: Panelists were members of the Society of Actuaries [SOA] Education and Examination Committee, who discuss their proposal for several changes in the SOA's method of educating and qualifying actuaries. These proposed changes are collectively called Future Education Methods [FEM] and Flexible Education System [FES], and they are described in a White Paper on FEM which the Society has distributed to the membership. From the 1987 Record of Society of Actuaries, Vol. 13, No. 1.