Description: This panel discussion adresses the responsibility of the actuary as he or she serves various publics such as the actuary's employer, government bodies, labor unions, industry and the professional groups of which the actuary is a member. From Transactions of Society of Society of Actuaries 1971, Vol. 23, Pt. 2D, No. 65.

Description: Discusses the life company actuary's responsibility to the insurance buying public, and the relationship to his concurrent responsibility to the agency force, stockholders, and present policyholders. Also discusses the employee benefit actuary's responsibility to plan beneficiaries and the relationship to his concurrent responsibility to employers and unions, and the public's interest in actuarial techniques and its need for meaningful actuarial explanation.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The panelists start their discussion with an overview of the history of actuarial standards, and the operations of the Actuarial Standards Board, ‘ASB,” the autonomous body responsible for setting standards of practice. The discussion covers standards affecting insurance company actuaries and consultants, and the value and impact of standards on the actuary's work. Panelists also suggest areas where additional standards are needed. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.