Description: One of two articles in this issue about actuaries serving as expert witnesses.

Description: Feature article discussing the current International Accounting Standards Board IASB Exposure Draft ED. A model of 10 year level term life insurance is use to demonstrate the amortization of residual margin. Residual margin is to be set at issue as the amount which offsets any gain at issue that would otherwise be recorded after accounting for fulfillment cash flowd and an explicit risk adjustment.

Description: Tips on developing actuaries using Bruce Arians real life examples developing quarterbacks as a comparison.

Description: The world is changing at an increasing pace and is disrupting everything from how one orders goods and services to how they take a taxi or Uber. Increasingly, this disruption is affecting the work of actuaries. Moreover, actuaries are being asked to provide more value-added services. Not only is this requiring actuaries to leverage exponential technologies not traditionally used in the insurance industry, but it is also impacting the types of staffing and training models utilized by actuaries. With a broader trend to alternative workforce arrangements, such as the gig economy and crowdsourcing, how will actuaries transition to this new future of working? What are the different types of off-balance sheet workers? How can companies create a strategy to deal with the hybrid workforce that involves different types of workers, cross-country borders, and other changes? This session will outline how actuaries and actuarial functions can successfully prepare themselves for this change.

Description: Describes the characteristics employers look for in actuaries-with the theme that all start with the letter C.

Description: Presented at June 1996 Spring Meeting. Inability to quantify the volatility in individual disability income insurance is one of the key reasons for loss experiences in the industry. Discussion covers: volatility measures for reserving, application of reserve adequacy criteria under various plan designs, application of volatility measures to pricing, and a test of the effectiveness of volatility measures.

Description: Full version of The Financial Reporter, Number 41, February 2000.

Description: Full version of The Financial Reporter, Issue 62, September 2005.

Description: This teaching session at the 2004 Valuation Actuary Symposium covers the practical aspects of implementing GAAP reserves and sales inducements under Statement of Position 03-1 on Accounting and Reporting by Insurance Enterprises for Certain Nontraditional Long-Duration Contracts and for Separate Accounts.

Description: This panel discussion session explored alternative methods for accounting recognition of the costs of policyholder dividends. The theoretical bases, as well as the impact on anticipated earnings patterns, are discussed. Implementation issues are also discussed. Discussion of participating products in the UK and accounting methods used for them is also included.