Description: As the insurance industry continues to evolve due to a pandemic and rapidly changing economic and regulatory conditions, the role of data scientists and actuaries has become increasingly important. In an interview with the Atidot data science and actuarial team, we discuss what it is like to work at an InsurTech, how data scientists and actuaries can collaborate, and look at some concrete technical examples of where the innovation is having an impact. This article explores what collaboration can look like and how the role of data science and actuary may evolve in the InsurTech industry in the future.

Description: Actuary Dave Dillon describes his role volunteering his time as a teacher in higher education, including the rewards and challenges that teaching offers. He discusses the importance of being attentive to his audience’s pre-existing knowledge and adapting his presentations accordingly. His work as a teacher typically encompasses three distinct domains: 1) acquainting young students with the actuarial profession, 2) educating non-actuaries about public policy issues related to health insurance (including the Affordable Care Act), and 3) instructing current actuaries on advanced methodologies and principles within the field. Recently he taught a health insurance course for actuarial science graduate students at Georgia State University and lectured at Boise State University’s master's program in Population & Health Systems Management. In every teaching and mentoring opportunity, actuaries can contribute to the expansion and prosperity of the profession and are encouraged to pursue these endeavors.

Description: Join us for the Pandemics & Paradigm Shifts: ERM in an Intensely Dynamic World panel discussion, where industry and regulatory perspectives will help provide insight into a number of topics. Expect interactive dialogue opportunities based on the conversation between the panelists and the audience. Key topics that will be conversed about, but the panel is not limited to, include a brief review of historical paradigm shifts and subsequent insurer failures, best practices and an outlook on the ultra-dynamic world of today and consideration of a company's enterprise risk management framework as it affects ratings and insurance department examinations.

Description: Discover the rapidly developing health and wellness industry during the Use of Health and Wellness Data in L&H Risk Assessment webcast. Our discussion includes the maximization of data usage through several different means, including current risk selection, creation of a dynamic ongoing assessment offering or substitution of traditional underwriting information to shorten the underwriting process. Come explore these different approaches as they affect the health and wellness industry. We will express the importance of a constantly changing data usage environment in order to better prepare insurers to maximize their data and drive health and wellness forward.

Description: A listing of professional development opportunities in the recent past that have relevance to general insurance actuaries.

Description: In 2021, Deloitte and the SOA conducted a research study on emerging technologies in which the current use and future outlook of these technologies for the actuarial profession were evaluated.

Description: The Society of Actuaries Research Institute commissioned this study to highlight the leading emerging technologies that may significantly affect the actuarial profession over a three-year horizon. This study will act as a guide and a resource for actuaries or potential employers to identify the prospective tools to enhance or expand actuarial work, for people collaborating with actuaries who may be affected by these technologies, and for leaders looking to enable teams employing actuaries through the introduction of these tools. It’s noted that actuaries should embrace technologies that enhance the remote working experience within their internal teams and across departments by investigating functionalities beyond messaging and video calls. Actuarial organizations and employers should examine technologies where there is a wide range or gap in maturity and familiarity and evaluate whether a knowledge gap exists and whether any gap is due to lack of education and training.

Description: The essay describes an application of “Do Jumps Matter in the Long Term? A Tale of Two Horizons,” by Jean-François Bégin and Mathieu Boudreault, published in the North American Actuarial Journal online Jan 5, 2021

Description: Describing my experience of serving on a section council. Reflecting on some of my successes and my frustrations.

Description: This article introduces the JRMS library, how one can access it and what books are added this year.

Description: This article introduces the JRMS library, how one can access it and what books are added this year.

Description: Summary in Simplified Chinese

Description: Report Summary in Simplified Chinese.

Description: Overview of the seven trends affecting the Actuarial profession .

Description: The COVID-19 pandemic has not simply changed the way we live. It has caused most of us—whether we want to or not—to reassess the way we think and feel about our world. Most in the general public have been looking to political and medical leaders to better understand the implications to health and wealth. Likewise, we as actuaries look to business leaders and key volunteers for their insights into the impact on our profession. We recently conducted a series of interviews with such leaders in the Canadian actuarial profession. This article addresses their insights into the evolving set of skills we need in this rapidly changing world.

Description: Because of its complexity, ensuring the security of cyberspace is one of today’s most significant challenges. As the cyber environment becomes more integrated with the real world, the direct impact of cybersecurity incidents on business is also heightened. This study aims to develop a generic model that can be applied by any organization. For the validation of the developed cyber risk analysis method, simulations and sensitivity analysis will be performed.

Description: Winning essays form the Actuarial Practice Innovation Call for Essays.

Description: Winning essays form the Actuarial Practice Innovation Call for Essays.

Description: 2020 Student Research Case Study Challenge submission

Description: Companies exempt from PBR can benefit by borrowing ideas and lessons learned from companies that perform and operate in a PBR world. The presenters will discuss VM requirements related to governance policies, as well as assumption and margin setting, plus model validations and controls which can benefit smaller insurance companies. Attendees will learn about new actuarial practices and how the PBR methodology and Valuation Manual can influence their work and highlight available resources.

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: Read the January 2020 issue of International News published by the International Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The scope of this paper is to provide a technical overview of the tools and disciplines currently in AI as well as the forces at work that financial institutions such as insurance companies are using to modernize their analytical processes.

Description: Read the August 2019 issue of Predictive Analytics and Futurism published by the Predictive Analytics and Futurism Section. Newsletter provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: In this report, we will try to provide an in-depth review of current Machine Learning and Deep Learning models and will explain how those models works and their possible applications in the actuarial field. The recent studies and successes from the industry will also be discussed. We intend to bring more actuaries onboard about those technologies and start to think about how to bring them into our daily work.

Description: Actuarial modeling has gone through several distinct phases largely defined by the underlying technology platform. Today, cloud computing is again redefining the technology foundations of actuarial modeling and related processes.

Description: There is a growing amount of “off-balance sheet” talent in the US and Global workforce. This spans from consultants and contractors, to gig workers and the crowd (both curated crowd and open crowd). One such example is Uber and Lyft workers. Insurance companies and the Actuarial profession have started to experiment with platforms such as Kaggle and this will continue to grow and evolve. This article explores these new sources of talent for companies, the implications to the actuarial function, benefits and challenges of the evolving workforce.

Description: Insight on SOA research.

Description: This literature review provides insights on emerging technologies that interact with the actuarial profession within the space of microinsurance for the purpose of establishing a frame of reference for actuaries to use in their work. Furthermore, it intends to spark readers’ interest in, and create a vision for, how microinsurance and its associated technologies may impact the actuarial industry in the future.

Description: This research examines the intersection of US insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations in the US.

Description: Presentation given to the Chicago Actuarial Association in October 2015 on the activities of the Committee on Post Retirement Needs and Risks.

Description: Book review of 'You Don’t Need a Title to Be a Leader.'

Description: This is the December 2011 cover of The Actuarial magazine displaying the featured articles inside: How to Handle ORSA, The Actuarial Profession in India, and The SOA's Competency Framework

Description: The actuarial profession in India has witnessed a sea change in the decade after insurance liberalization. It has gone from being described as a 'moribund profession' to being a dynamic and lucrative one. This article covers the actuarial professions growth in India along with the Life Insurance market, products and regulatory environment.

Description: Listing and description of key articles in August 2011 issue of Risk Management. Topics include Predictive Modeling, Risk management and Solvency II.

Description: A review of the book WE: How to Increase Profits through Full Engagement.

Description: Letter from the SOA president addressing the importance of volunteering. Also included are the responses from some volunteers who were asked various questions on the subject of volunteering.

Description: Find out how to join the Entrepreneurial Actuaries Section LinkedIn Group.

Description: Letter from the president discussing the SOA’s emphasis on communicating with employers.

Description: Research report that explores key factors associated with an insurer’s reputational risk and conditions that would generate incentives for insurers to behave in a way that causes loss of their positive reputation.

Description: This series of articles provides an in-depth look at the activities of the SOA in 2009.

Description: A preview of the Society of Actuaries’ 2010 Health Meeting, June 28-30, at the JW Marriott Grande Lakes in Orlando, Florida.

Description: Feature article discussing the new SOA stipend awards and featuring interviews with the first recipients.

Description: Presidential address about changes in the actuarial world.

Description: The objective of this article is to provide an overview of the research mission of the SOA, its inner workings, major efforts, funding and its unique qualities.

Description: This is a 2006 draft of SOA Accreditation of Academic Actuarial Science Programs that was offered for review and comments. From Actuarial Research Clearing House, 2006.

Description: This paper examines the Australian actuarial qualification process from the perspective of what makes a good education system, and notes that there are a number of constraints imposed by the profession that impair the quality of students’ learning outcomes. The paper goes on to suggest how these pitfalls might be avoided in the interests of providing future actuaries with an opportunity to develop the attributes they will need for their professional careers. From Actuarial Research Clearing House, 2006.

Description: This article looks at five reasons why the new image campaign will succeed. From Reinsurance News, February 2005. Article from Re-news, February 2005

Description: The image campaign for the actuarial profession is described. From Record of the Society of Actuaries, Vol. 30, No. 3.

Description: This presentation is an open forum, session 11OF, from the 2004 Spring Meeting of the Society of Actuaries, held May 19-21 in Anaheim, CA. The panelists note that defined benefit [DB] pension actuaries are finding themselves working in new and expanded roles in the new millennium, and discuss the answers to challenging questions raised by working in this environment, such as what additional training is recommended, and what the unique challenges and rewards are. The panelists look at the future with respect to the DB actuary, with respect to less traditional roles in that area as well as opportunities in the area of defined contribution plans. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 1.

Description: This report provides the results of the 2002 membership and candidate survey. Results of the research suggests four broad avenues for action: 1. Maintain and enhance the value credentials. 2. Assess member satisfaction periodically. 3. Establish a baseline for employer perceptions of the actuarial profession. 4. Apply results to the Balanced Score Card.

Description: This presentation is a panel discussion, session number 26PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The Enron scandal is likely to result in a more transparent disclosure of balance sheet liabilities. The panelists provide a professional/legislative update and offer pragmatic tips to valuation actuaries about how to respond effectively to increased scrutiny. They discuss the Corporate Accountability Act and the increased oversight of the accounting profession that will result, and the implications for actuaries working in accounting firms. They emphasize the importance for actuaries to be aware of the higher standards of independence and the need to follow actuarial standards of practice. Discussion from participants is included.

Description: This presentation is a panel discussion, session number 35PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists discuss integrating the risk management function within an enterprise, where the concept involves evaluating, monitoring, controlling, and mitigating risks across the entire insurance company. Topics include quantification of risk exposures, including insurable and financial risk, nonfinancial or operational risk, and modeling risk on a company-wide basis. They discuss how a company might go about setting up a risk management process and what companies are really looking to accomplish. They also discuss the Society of Actuaries goal to make risk management a regular part of actuarial practice through development and improvement of educational materials for actuaries, and through the advancement of the actuarial profession in risk management. Discussion from participants is included.

Description: The author offers advice to an imaginary Fellowship Admission Course about group disability insurance. The speech is based on an article by Mary Schmich of the Chicago Tribune entitled “Advice, Like Youth, Probably Just Wasted on the Young” that became widely known as the “Sunscreen Speech” because of its central theme.

Description: This article intends to provide some background on how and when the state variation issues came about, why these issues present a challenge to the valuation actuary, what seems to be the current practice in dealing with these challenges, and how these issues can be addressed more effectively and efficiently in the future. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: The presenter examined the concept of customer intimacy as a way to maintain a viable position in a competitive market. He then develops the concept of customer intimacy as a way to maintain a viable position in a competitive market. Finally, he covers the information, product/delivery, organizational, and performance measurement strategies that a company should follow to achieve customer intimacy.

Description: From session 60PD at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999, Panel examines a range of issues surrounding the organization of the actuarial department of an insurance company.

Description: Table of Contents for the May 1999 Spring meeting of the Society of Actuaries

Description: This open forum at the 1998 Valuation Actuary Symposium provides an opportunity for participants to raise issues or concerns that senior or chief actuaries face with focus on actuarial issues that may be of concern to company management.

Description: This session at the SOA 1998 Maui I Spring Meeting discusses issues related to the more direct involvement of actuaries on the asset side of the balance sheet.

Description: 1998 SOA Spring Meeting, Maui. The CEO of the ACLI provided his views on insurance industry issues and the role of the actuary.

Description: This is the table of contents to discussions published from the Washington, D.C. Meeting held October 26-29, 1997. From Record of Society of Actuaries, Vol. 23, No. 3.

Description: This article from SOA president David Holland, speaks to the need of the actuarial profession to consistently evolve with the needs of the 21st century.

Description: Presidential address at the 1996 annual meeting. The president encourages actuaries to broaden their scope and skills, develop the attributes he discusses and make a plan to redesign yourself.

Description: This is the table of contents to discussions published from the Orlando Meeting–October 27–30, 1996. From Record of Society of Actuaries, Vol. 22, No. 3.

Description: This article reports on a meeting of the Finance Practice Area and the issues on which they are focusing.

Description: This section contains biographies for authors with articles featured in the Transactions of Society of Actuaries 1995, Vol. 47.

Description: This article covers the experiences of the actuaries who participated in the Life Skills Inventory teaching session at the SOA annual meeting. From The Actuary, April 1995, Volume 29, No. 4.

Description: This is the Foreward to Transactions of Society of Actuaries 1995-96 Reports.

Description: This article provides a review of the 1993-1994 Year. 'This program year is marked by the profession using the firm foundation of actuarial science and the solid organization of the Society of Actuaries to reach out to new allies and technologies to capture its future. From The Actuary, December 1994 – Volume 28, No. 10.

Description: 1994 SOA Meeting, San Antonio. Table of contents From Record of Society of Actuaries Vol. 20, No. 3B, San Antonio Meeting of the Society of Actuaries on June 15-17, 1994.

Description: 1994 SOA Meeting, San Francisco. List of sessions and workshops with no written record. From Record of the Society of Actuaries Vol. 20, No. 2

Description: 1994 SOA Spring Meeting, San Francisco. Table of contents from Record of Society of Actuaries Vol. 20, No. 2 of 1994 SOA Spring Meeting, San Francisco, May 26-27, 1994.