Description: A look at the near future and far future of various elements of Actuarial Models as defined through ASOP 51. What is driving the complexity for inputs, calculations, and outputs. Howe will actuaries handle these challenge?

Description: The author speaks to senior actuaries and gathers their opinions on the future of the actuarial profession.

Description: Read the July 2020 issue of the 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: Read the October 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: Much of enterprise risk management has its roots in portfolio management and corporate finance. The concepts of trading off risk and return and benefits of diversification are well understood and articulated in both the actuarial and economics fields, so I don’t believe there are significant knowledge gaps preventing actuaries from contributing to the field. In fact, actuaries may have an advantage in many situations where a large part of a firm’s overall risk arises from pension activities or other more typical actuarial risks.

Description: The Actuary of the Future section sponsored three sessions at each of the 2005 Society of Actuaries Spring Meetings: the Life Meeting May 23-24, 2005 and the Health/Pension Meeting June 15-17, 2005, both of which took place in New Orleans.

Description: During 2005 the Actuary of the Future Section Council reviewed its plans and strategies for 2006. During its discussions, the council reaffirmed the section’s mission “to identify and promote new opportunities, skills and new ways of thinking to help actuaries excel on their career journeys” and established this as the primary section goal for 2006 to increase membership value.

Description: The articles in this issue cover the alternate careers of risk management and personal actuary as well as on communication skills for actuaries.

Description: The Actuary of the Future Section launched The Ambassador Program in August 2002. The objective of this program is to support the mission of the Actuary of the Future Section in facilitating actuarial employment in new businesses and industries. To accomplish this objective, the program is designed to provide actuaries with information and answers to questions about opportunities in non-traditional fields.

Description: There are reasons for the retirement actuary to be optimistic about the future of our practice. There are reasons to believe that actuaries will play an increasingly large and valuable role in the retirement industry and there are significant opportunities for growth—from both an individual and a profession wide perspective— within the pension consulting field.