Description: Presented at May 2002 Spring Meeting. This session covers the AICPA's proposed statement of position on accounting and reporting by insurance enterprises for certain nontraditional, long-duration contracts and for separate accounts. It requires new GAAP reserves for certain variable annuities with guaranteed minimum death benefits 'GMDBs'.

Description: Discussion as to whether within an organization an actuary's regulatory role can conflict with his business-oriented role or be aligned with the strategic goals of the company.

Description: Article on the need for continuing education for actuaries

Description: In this article, the author reflects on the discipline process used by the Canadian Institute of Actuaries and offers suggestions for improvement.

Description: By definition, actuaries are preeminent in making actuarial analyses. Nevertheless, in some areas, such analyses can be adequately performed by persons from other professions, such as economists and statisticians. This article describes the misuse of life expectancy data by the Heritage Foundation when they 'calculated' that low-income, single African-American males born after 1959 face a negative rate of return from Social Security. Unfortunately, this misinformation was widely disseminated through the news media and Web sites.

Description: This article is intended to provide young actuarial professionals and job seekers with tips on succeeding in remote interviews.

Description: 1993 SOA Annual Meeting, New York. This session provided an update on the appointed actuary. Topics included: 1. Provided preliminary results of a 1992 cash-flow-testing survey that was sent to a number of life companies in the U.S. 2. A discussion of the position taken by one actuary who did not do cash-flow testing in forming an opinion for his company's 1992 annual statement. 3. How to deal with failed scenarios. 4. The evolution of the appointed actuary's role at MetLife. 5. How the process currently works at MetLife. 6. Insights on where MetLife sees the process going.

Description: This e-book contains topical essays that express the opinions and thoughts of a number of authors on the subject. It should be understood that the thoughts and insights shared herein are the opinion of the authors and not necessarily those of the Society of Actuaries, the Casualty Actuarial Society, the Canadian Institute of Actuaries, or corresponding employers of the essayists.

Description: Article from The Actuary, June 1983, volume no. 17, issue no. 6, which is article no. 10 in a series. This particular article discusses the 1978 institute and faculty proposal on notation. A proposal presented in June 1978 by a study group of the Institute and Faculty Joint Working Party on Computers and Actuarial Notation provides an excellent summary of the problems faced by innovators in this field, as well as the consequences of clinging to the present notation.

Description: This article discusses the vulnerability of actuaries to malpractice lawsuits.