Description: Discussion of the value of section membership, what the MPD section accomplished in 2012, and activities the section has planned for 2013.

Description: 2011 Enterprise Risk Management Symposium, Chicago. This paper starts by defining and discussing the nature of risk and its primary relationship to capital preservation. The paper then continues with a guide for implementing a company’s risk appetite statement for a variable annuity product.

Description: The author suggests that the ability to negotiate is the ability to achieve a specific type of outcome. Given corporations and people are held to their own high standards, we all would get what we want more often and that is the goal. From The Stepping Stone, February 2012, Issue No. 45.

Description: In this study the author will review some correlations between the operating income per employee and some elements of company structure for the S&P 500 that are proxies for management control and supervision. An analysis yielded the following general observations: 1 companies in which the chairman and CEO roles are combined generate more income per employee than those in which the roles are separate 2 companies with a lead director and the chairman and CEO combined typically do better still 3 the more executive officers a company has, the higher operating income is generated per employee although this decreases marginally and 4 companies tend to gravitate toward a structure with 10 executive officers and 10 directors this is a fixed point of an iterative decision function. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: 2011 Enterprise Risk Management Symposium. Chicago. This is the abstract of the entitled paper.

Description: The author discusses the importance of setting goals and provides an update on achievements of the Management and Personal Development Section.

Description: An insurance product’s return on required equity demonstrates how successfully its results are covering the company’s basic capital. Using some simplified assumptions, it is possible to calculate this return ratio and decompose it without a full projection of liabilities.

Description: An insurance product’s return on required equity demonstrates how successfully its results are covering the company’s basic capital. Using some simplified assumptions, it is possible to calculate this return ratio and decompose it without a full projection of liabilities.

Description: A look at the qualities of great business leaders with a focus on Bill Gates.

Description: Peter Jacobi offers six common mistakes made by businesses today.