Description: The Chairperson reviews the section council's focus on initiatives in two strategic areas—the career pioneer program and better meeting the needs of our section members.

Description: The re-cap of the last year by the chair of the Actuary of the Future section, Andrew Dalton. During the year, the section council has established and tackled some aggressive, forward-looking goals. These goals were shared in our spring newsletter. The rest of the article is an update the progress as a section and as a profession.

Description: The author presents the key issues and objectives for 2005 for the Actuary of the Future Section Council.

Description: Much of enterprise risk management has its roots in portfolio management and corporate finance. The concepts of trading off risk and return and benefits of diversification are well understood and articulated in both the actuarial and economics fields, so I don’t believe there are significant knowledge gaps preventing actuaries from contributing to the field. In fact, actuaries may have an advantage in many situations where a large part of a firm’s overall risk arises from pension activities or other more typical actuarial risks.