Description: The article discusses the critical role of Financial Planning and Analysis (FP&A) within insurance companies, particularly amidst changes in accounting regimes like USGAAP Long-Duration Targeted Improvements (LDTI) and International Financial Reporting Standard (IFRS) 17 and implications of these changes on FP&A activities.

Description: Stefanos Orfanos shares his perspective and priorities for this year as the incoming chair of the SOA Education and Research Section.

Description: Providing ways to master the art of soft skills and embracing agility to propel actuarial success in today's market.

Description: In today’s market of post-pandemic consolidation and org chart streamlining, we’ve observed significant changes to actuarial career development and advancement opportunities. But, those changes aren’t occurring in equal measures across the arc of the actuarial career. Our focus is on the impact felt by experienced reinsurance actuaries.

Description: Join our expert panel of three influential actuaries with diverse backgrounds for a dynamic seminar on mastering trust-building strategies that will transform your personal and professional life. In today's rapidly changing business landscape, trust has become more crucial than ever before, affecting everything from relationship-building to team dynamics and organizational culture. You'll leave ready to elevate your leadership impact and influence, both in and out of the office.

Description: How can we maintain our sanity while staring at the same screen all day, clicking into and bouncing out of meetings? To be successful in today's (remote) world, we must learn how to relate to individuals virtually. Topics include: How can we best establish a professional and dynamic presence while working remotely? How can we develop rapport with our virtual colleagues as well as with those working in the office? What is considered to be appropriate etiquette when interacting with a co-worker via a computer screen? How can we effectively collaborate while working from home? What is the best way to present to senior management without the ability to be in the room to read their body language? Hear from a panel of actuaries discuss their perspectives and lessons learned over the last few years on how to optimize our communication effectiveness in the virtual work environment.

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: This article studies the syllabus as a dynamic, interactive teaching tool that informs and is informed by both solutions of complex course problems and student difficulties with these problems.

Description: Discover how to reacquaint professionalism with the actuarial science profession in this 75-minute webcast focused on the provision of dynamic standards that evolve with products and regulations. Listeners will learn about the future challenges in their ongoing work that professionalism skills will assist with. For actuaries in the US and Canada, come define ASOPS and professionalism entering 2023. This webcast will be interactive, providing several case studies with real life ethical issues where the audience will vote and discuss the appropriate course of action.

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: Dovel Technologies started as a two-person company, and by the time we sold to Private Equity in late 2019, Dovel had more than 1,200 people on its payroll. In this article, the authors (and cofounders of Dovel) describe two concepts that helped Dovel grow that actuaries can apply to help grow their firms.

Description: Christine Hofbeck began her actuarial career in retirement consulting, but after a few decades, a few practice areas, a bestselling book and a stint on a reality television show, she found herself in the world of reinsurance. Reinsurance News talked with her to learn more about her background, her advice to other actuaries, and her outlook on the future of the profession.

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: This is a conversation with two critical staff members of the Society of Actuaries (SOA) about their experience there. Jane Lesch is a non-actuary who has been working at the SOA for over 20 years, and is an engagement specialist. Mike Boot is an actuary who retired at the end of February after 15 years at the SOA, most recently as managing director. We spoke to both Jane and Mike to get their take on what leadership is about, and how working at the SOA impacted them.

Description: The latest in a series of articles connecting the principles of Zen Buddhism to the working world of actuaries. This issue focuses on techniques for cultivating a gratitude mindset under all types of conditions - even stressful ones, in order to maintain equilibrium and harmony for a more productive workday.

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: This article focusses on the results of a June 2020 survey by the Leadership and Development Section of the SOA on working remotely as an actuary. The article presents the questions and responses of the survey, and commentary on how to successfully navigate the remote work environment as an actuary - from the perspective of both a current organizational leader, and as a future organizational leader.

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: What does leadership look like within the actuarial industry, what are some variables, and what practical advice can we learn?

Description: Read the June 2020 issue of The Stepping Stone published by the Leadership & Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

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

Description: The SOA and Plug and Play relationship will allow InsurTech start-ups to validate their technology and modeling processes with actuaries. The strategic partnership with Plug and Play demonstrates the SOA’s commitment to providing its members with dynamic learning experiences, rewarding volunteer opportunities, and collaborative events where they can learn from the experiences and ideas of peers around the world.

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: Actuaries continue to expand their breadth and depth of skills, business acumen, and industry knowledge. The presenters will share the many resources available to actuaries who wish to expand their reach and impact, including an overview of the resources available through the SOA, how it monitors emerging actuarial trends and acts on a changing professional landscape, how it identifies appropriate research projects, and how the association strives to deliver actuarial education to ensure its credentials are prestigious, relevant and globally recognized. If you want to engage with the actuarial profession on a deeper level, this session will help you understand the structure and will inspire you to grow yourself and the profession in a positive, meaningful way.

Description: Read the November 2019 issue of Actuary of the Future, published by the Actuary of the Future 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: July 2019 issue of The Stepping Stone by Leadership & Development Section. practical information for actuaries, trends that impact section, section activities.

Description: The key tasks of credit risk capital project under CROSS II mainly focus onL(1 )Adjustment of measurement framework; (2) Calibration of risk factors, including both credit spread risk and credit default risk;3)Introduction of concentration risk measurement; (4) Higher requirement on look-through rule.

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: An overview of how the actuary's role will evolve as technology improves.

Description: Members of the American Academy of Actuaries’ Solvency Committee have put together an acronym reference chart. This handy guide can be folded up to fit in your wallet and quickly reviewed so you can fearlessly enter an elevator.

Description: The author suggests that true actuarial method is a blend of all three modes of thinking, clinical, statistical and heuristic, and using all three early in our processes will make us smarter modelers. From The Actuary, February 2012, Volume 9, Issue 1.

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: The Society of Actuaries' managing director of actuarial research provided an overview of research activities including the funding behind research projects and the staff/volunteers involved with research.

Description: Customers, quality and efficiency are the three key components to successful reports. This article explores those components as well as technology and product knowledge and details how to create successful reports.

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

Description: The author discusses expectations for incoming actuarial science students, emphasizing that a solid grasp of algebra and traditional mathematical skills is not enough. In addition, the author states that today’s business environment dictates that students be well versed and that their backgrounds include familiarity with complexity science.

Description: The article discusses how to have important conversations with the people who make up your circle of influence, including those who work for you, peers and colleagues, clients, superiors, governing boards, and vendors and contractors. The author states that “your ability to use language well, to enter into conversations boldly and confidently, and to create strong relationships and demonstrate understanding across multiple groups and situations will absolutely determine your ability to create, sustain and maintain a profitable culture.”

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: In this paper, Honorable Mention Essay for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, the author examines the rapidly increasing costs of maintaining the U.S. prison system and the fiscal pressures the federal and state governments are faced with, and proposes a plan for an early prisoner release program “with a rigorous, merit-based approach that can be expected to demonstrate favorable outcomes for the general public and the released prisoner.” This plan involves “an optimized process for evaluating the perils associated with freeing candidates eligible for early release - an individualized assessment and quantification of those risks…” The article goes on to describe the costs, benefits, risks, and critical success factors. The report includes two appendices.

Description: This article describes a ranking system for early prisoner release. It is intended to describe the framework and strategy needed for mitigating the risk of such programs and optimizing those programs’ outcomes.

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: How to get more out of your employees by monitoring their 'Tensions'. The employee's tensions may be either too high Stress or too low Apathy. This article tells you what to do in either case.

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