Description: This article discusses the idea of controlling health care costs through wellness. The author states that it has already been clearly demonstrated that actuaries practicing wellness produce more accurate valuations and earnings forecasts, are more skillful in product pricing and design, and are more popular with government examiners, accountants and even agents.

Description: The authors suggest that mastering 'star performer' skills and work strategies is simply a matter of learning and practicing the outlined techniques. From The Stepping Stone, February 2012, Issue No. 45.

Description: Over the last few years, many direct companies have started inforce management programs and are now navigating what actions can be taken to optimize the business. At the same time, the legal, compliance, and regulatory environments are also changing. The presenters will explore the development and implementation of programs such as changing non-guaranteed elements or efforts to improve experience while considering the changing compliance environment, including New York Regulation 210, ASOP2 and litigation challenges.

Description: An actuary talks about his career, his firm's ventures into partnerships between actuaries and health care professionals, and his role in the role in the largest actuarial malpractice settlement in history.

Description: The actuarial profession is marching into the age of Big Data. Increasingly, employers in various actuarial fields are requiring new hires to have sophisticated knowledge in statistics and data science. To meet the new demands from the industry and the profession, one of the key additions to the SOA’s new curriculum is an exam in Statistics for Risk Modeling (SRM) which includes modern statistical and data science techniques. There is also a new proctored project on Predictive Analytics, as a capstone requirement following the completion of the SRM Exam. At the University of Toronto, we recently underwent a major actuarial science curriculum redesign, in order to stay current with new trends and demand from the profession and in line with the new professional curriculum.

Description: Actuaries should make the effort necessary to make a real contribution to business and public policy.

Description: In the summer of 2012 the SIC decided the time was right to find out what current practices were with respect to Asset Adequacy Testing. This article summarizes the survey process and results obtained. The purpose of the survey was twofold: first, to educate actuaries prior to year-end work about current AOMR practice reflecting changes since the American Academy of Actuaries’ (AAA’s) 2004 Practice Note had been issued; secondly, to provide enough information such that an update of that practice note could be done should the AAA decide a revision to the note was desired.

Description: Metadata for entire issue

Description: A discussion of the Egyptian Society of Actuaries, founded in February 1999

Description: Effective communication