Description: This article reviews the dynamics of surrender risk, briefly discusses current valuations in the Interest Rate option markets and presents some tailored structured hedging instruments that can be used to manage this risk.

Description: The August/September 2013 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: This document summarizes a meeting of the Reinsurance Section that occurred at the October 1982 Society of Actuaries annual Meeting in Washington D.C. The meeting consisted of a discussion related to the role and purpose of the section, a discussion of problems and pitfalls related to reinsurance treaties, and discussions related to choosing a reinsurer.

Description: Professional development opportunities from the Society of Actuaries.

Description: Learn concrete strategies to manage executive dysfunction. The author discusses techniques she has learned along the way to improve productivity and manage time. High-level tips are: 1) Write it down. 2) Plan your day. 3) Don't let email and social media steal all your precious time. 4) Give your brain a little distraction. 5) Find an accountability partner. 6) Don't let perfect be the enemy of good. 7) When distracted, begin again. 8) Give yourself grace.

Description: To become a member of the American Academy of Actuaries, an applicant must submit satisfactory evidence that he has met specified requirements in both education and experience. This panel discussions addresses whether or not the education requirement can be satisfied by means other than by passing specified examinations of the Society of Actuaries or of the Casualty Actuarial Society. From Transactions of Society of Actuaries 1970, Vol. 22, Pt. 2, No. 64.

Description: Contemporary ERM has moved from an event-based view of risk to a hierarchical, systems-based approach. In order to operationalize such an approach, a methodology is proposed in this paper that draws on phylogenetic approaches that have been successfully developed for biological evolution. The technique and process provide an insight into the lineage, pace and impact of external conditions on the evolution of risks. They also provide a unique and rational classification of risk in an enterprise that can be used to optimize risk management resources. An example of a fictitious insurance company is used to illustrate the approach. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: An introduction to the Product Development Section's new subgroup supporting interested in the practice of in force management.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 that talks about the various ways of constructing systems and suggests the desirability of establishing measures of efficiency for the alternatives so that we may rationally choose among them.

Description: Article from The Actuary, April 1972 – volume 6 - Issue 4 that provides a recap of a talk given at the Twin Cities Actuarial Club meeting by Dr. Theodore Lindbom, Practicing Industrial Psychologist in the Twin Cities, on the selection of actuarial personnel.