Description: 1987 Valuation Actuary Symposium. This session addressed the task of designing a new NAIC model valuation law embracing the valuation actuary concept, the development of a new Academy SOP specifying how cash flow testing should be done, and SOA committee research to help the valuation actuary to do a better job.

Description: Should actuaries have a formal program for continuing education? This question has been asked, studied and debated at least since the early part of the decade. For many years, accountants, physicians and lawyers of many states have had continuing education requirements to retain their license to practice. Why not actuaries?

Description: This 1977 session discusses management of the actuarial resource, primarily in Life Insurance Companies. It includes questions such as: 1. What is an Actuary and What is his Function in a Life Insurance Company? 2. Is there a place for the highly skilled technician who does not care to manage people?