Description: Tools that should be in place to support a validation program and covers a case study of a validation of an Actuarial Guideline 43 (AG43) model.

Description: This article is an interview with an actuarial leader.

Description: Read the February 2017 issue of Taxing Times published by the The Taxation Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The article discusses the sustainability of the ACA individual market from a public entitlement standpoint. A key point of measuring sustainability is the reliance on market forces rather than federal budget constraints. The article explains why an actuarial viewpoint of sustainability is necessary to a greater extent than other public assistance and social insurance programs. The article challenges actuaries to be a bold, objective voice in a space that is full of opinionated but often uninformed viewpoints.

Description: February issue of The Stepping Stone

Description: No matter what you do, you are in sales in some way. The word, "sales" or "selling" brings up negative connotations for many people. It may be helpful to think of it as "influence". Whether you're a sales professional, coach, consultant or executive - there are key stakeholders in your world you need to influence. To persuade successfully and non-manipulatively, it's important to understand five key principles of influence. Principle #3 is covered here.

Description: The Stepping Stone issue 60, November 2015

Description: To persuade successfully and non-manipulatively, it’s important to understand five key principles of influence. In this four-part series, I’ll be covering these five principles that are based on human psychology and behavior. Let’s look at the first two now.

Description: Key points of the conceptual framework of China’s new solvency system, the “China Risk Oriented Solvency System” (C-ROSS).

Description: Cassie He and Linda Liu, two actuarial students invite Dave Pelletier, an actuary with 38-year experience to share with us his career experience and his insightful views on the future of the actuarial profession.

Description: This essay examines several key factors that have contributed to China’s success in the economic reform spanning the past three decades and the double-edged nature of these factors going forward.

Description: The paper discusses the arguments supporting the need for risk culture to transition into ERM culture to be embedded across financial organizations. Creating and maintaining strong ERM culture is paramount to a lasting and meaningful ERM program. It is essential for organizations to understand what ERM culture is, how it gets established and in what way affects the process of ERM implementation. Often, the implications of financial enterprises not focusing on the significance of ERM culture manifested in severely compromised ability to generate sustainable value and market competitive advantage. This paper calls for rethinking the role of ERM culture in the context of managing risks.

Description: Summary of recent SOA-sponsored research on Enterprise Risk Management practices as applied to health insurers, self-insured plans, and health finance professionals.

Description: In this article, the author talks about being an actuary on the island of Cyprus.

Description: Chronicles the journey made by Allstate to enhance its process for managing risk and ultimately find ways to better exploit risk opportunities.

Description: This presentation from Session 54 of the SOA May 2004 Anaheim Spring Meeting discusses the importance of building a winning culture in order for a company to survive in today's increasingly complex, high-velocity, changing environment. From the Record of the Society of Actuaries, Vol. 30, No. 1.

Description: Panel discussion of varying views on: substandard underwriting with prudent pricing, qualified vs. nonqualified plans and the need for IRS clarifications, rate stabilization and aggressive pricing, noncancellable products and product features.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panelists discuss distribution systems that are viable in the future with emphasis on the middle markets.

Description: From a session at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999 Panelists address a range of issues related to product development in life insurance companies.

Description: This is a presidential address to the Society of Actuaries by David M. Holland. From Transactions of Society of Actuaries 1997-98 Reports.

Description: This is a presidential address to the Society of Actuaries by Sam Gutterman. From Transactions of Society of Actuaries 1995-96 Reports.

Description: Discussion of the current business environment, the profile of the actuary who can meet these needs, directions corporations will take in the 21st century, economic and demographic trends that will affect the environment and markets over the next decade. The panelists discussed the need to be pro-active in shaping the environment.

Description: People who have been there discuss feeling good about yourself in a time of change, re-organization, mandatory job changes, voluntary job changes, new responsibilities, and effects on the family. From the 1988 Record of Society of Actuaries, Vol. 14, No. 2.

Description: This meeting session, which occurred at the April 1982 Society of Actuaries meeting in Orlando, presented a look ahead as of 1982 at opportunities for actuaries in the 1980's and 1990's. Questions addressed by the panel included: i. Will traditional opportunities be reduced? 2. What non-traditional opportunities are available? 3. What changes are needed in our educational process? 4. How do we make non-traditional employers aware of actuarial skills and their value? 5. What will actuarial work be like? 6. Some perspectives on the situation in Canada as it moves toward more government ownership and control of financial security programs

Description: This 1981 session focused on insurance regulation from a federal vs. state perspective. Topics included: 1. Current regulatory environment 2. Anticipated changes in the regulatory environment 3. Ways the future regulatory environment might be impacted.

Description: Record of the Society of Actuaries: 1981 Vol.7 No. 1 This is a panel discussion session examining life insurance company organization and the emerging managerial environment, strategies and organization.

Description: Panel discussion on recent developments in individual disability insurance, including morbidity trends, reserving assumptions and variations, marketing and underwriting trends and trends in claims practices. Presented at the Spring 1975 Meeting in New York.

Description: This is a greatly condensed summary of the panel discussion of Robert B. Mitchell's book, 'From Actuarius to Actuary, The Growth of a Dynamic Profession in Canada and the United States,' and is intended merely to convey some idea of the interesting colloquy which took place. From Transactions of Society of Actuaries 1974, Vol. 26, Pt. 2D, No. 76.

Description: The approach of the year 2000 creates a millennial fascination which causes man to ponder his past, to assess his present, and to peer into his future. This study of the actuarial profession looks upon those design-steering aspects which can lead to a greater future. Although this work adopts the standpoint of a life company actuary, it views the entirety of the profession. All actuaries are bound up in essentially the same future. This study may have special interest to a young person contemplating the actuarial profession as a career. Consequently, an effort is made to consider the subject over the projected career of such a person- roughly to the year 2020. From Transactions of Society of Actuaries 1974, Vol. 26, Pt.1, No. 76.

Description: This panel discussion was devoted principally to the following two papers commissioned for the Society of Actuaries 25th anniversary meeting: 1.'The Future of the Actuarial Profession as Viewed in A.D. 1974' by John M. Bragg, and 2. 'Consulting Actuaries in Canada and the United States' by Samuel Eckler and Wendell A. Milliman. From Transactions of Society of Actuaries 1974, Vol. 26, Pt. 2D, No. 76.