Description: Career changes typically follow a major milestone—a promotion, a job offer, a new degree, maybe a cross-country move. For Patrick Getzen, exposure to some new perspectives ignited a shift.

Description: This paper will examine why CSR defunding produces pricing uncertainty and how regulators can alleviate these risks when insurers price 2020 premiums.

Description: In this article, we will describe EY’s five-pillar approach that balances practicality with comprehensiveness, and how this applies to LTC model validation.

Description: Update on LTC Section activities and other issues from the perspective of a Society of Actuaries' staff actuary.

Description: A summary from the annual ILTCI conference including session content from seven tracks focusing on unique issues and solutions in long term care.

Description: Read the August 2018 issue of Long-Term Care News published by the Long Term Care Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the June 2018 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: April 2018 issue of The Modeling Platform by the Modeling Section. Practical information for actuaries, trends that impact section, section activities.

Description: Describes a process for identifying relevant industry experience to credibility-weight with relevant company experience to set modeling assumptions and margins.

Description: Describes a process for identifying relevant industry experience to credibility-weight with relevant company experience to set modeling assumptions and margins.

Description: Describes using the new multi-risk scenario generator to create sensitivity tests at moderately adverse probability levels, resulting in margins to use for PBR.

Description: A listing of the 2016 modeling-related sessions and webcasts from the SOA. Most meeting session recordings are available for free to SOA members.

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

Description: Update on IASB Activities during the last quarter of 2016.

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: A summary of Modeling Section-sponsored sessions at the 2016 Life/Annuity Symposium, covering model risk management, model governance, and model efficiency.

Description: This article walks through the process of building a cluster model using off-the-shelf software.

Description: Read the December 2016 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article covers the importance of a system peer review within the systems change control process and offers suggestions for creating more robust controls.

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: On October 30, 2015, the SOA Assumption Development and Governance Group, an informal discussion group consisting of nearly 200 interested actuaries with topics pertaining to actuarial assumption development and governance, organized an industry discussion call on end-to-end assumption documentation practices. The purpose of this call was to generate a large list of ideas for best-practice assumption documentation. More than thirty companies were represented in the call, including direct insurers, reinsurers and consulting firms. This article is the work product of the discussion written by Laurie Li and Alex Zaidlin.

Description: question and look for ways to make improvements on things by making them more efficient and intuitive. Mehmud did not study actuarial science in school. He earned a degree in mathematics and physics while taking courses like Asian history and skeptical thinking. In retrospect, he said, his exposure to a liberal arts education allowed him to view problems with a multifaceted perspective.

Description: The SOA provides information about the actuarial career path in health care and predictive analytics. Throughout 2016, we will share more about actuaries who are tackling some of the industry's biggest challenges and hear from top employers in healthcare analytics.

Description: The April 2016 Issue of The Modeling Platform

Description: On October 30, 2015, the SOA Assumption Development and Governance Group, an informal discussion group consisting of nearly 200 interested actuaries with topics pertaining to actuarial assumption development and governance, organized an industry discussion call on end-to-end assumption documentation practices. The purpose of this call was to generate a large list of ideas for best-practice assumption documentation. More than thirty companies were represented in the call, including direct insurers, reinsurers and consulting firms. This article is the work product of the discussion written by Laurie Li and Alex Zaidlin.

Description: Review of 2015 from perspective of the Health Section

Description: Examination of full surrender and benefit utilization industry experience for Variable Annuities with and without Guaranteed Lifetime Withdrawal Benefits. Part 1 of 3 articles focuses on full surrenders and building a dynamic surrender function using predictive modeling tools.

Description: Provides an overview of special characteristics of private equity and infrastructure asset classes, based on the perspective of experienced investors

Description: The Modeling Platform

Description: Professional development opportunities from the Society of Actuaries.

Description: Fourth installment in an ongoing series of articles adapted from Michael Carroll's "Awake at Work", applying Buddhist principles to the challenges faced by actuaries. This installment examines the often chaotic work circumstances faced by actuaries and encourages the reader to see such situations as opportunities for personal and professional growth.

Description: Interviews with several actuaries who are subject matter experts in the health field to get their perspectives on implementing the Affordable Care Act (ACA).

Description: In the current environment of global competition, the question of how much, and in what way, the enterprise risk management (ERM) function contributes to the creation of shareholder value will only increase in importance and urgency.

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

Description: Teaching enterprise risk management ERM in higher educational institutions as a mainstream subject is emerging. Risk management is traditionally taught in disciplinary silos without considering the multidimensional aspects of risk necessary to steer the entire business. This study identifies and focuses on the essential elements to develop a curriculum of ERM from a multidisciplinary perspective. The purpose of this article is to outline the contents of an ERM unit for academic business degrees. The article includes the author’s view and experience in designing and delivering an ERM unit for a postgraduate finance and risk management degree at his current academic affiliation. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: Column describing the events of a recent Product Development Symposium 2009.

Description: To provide guidance to the actuarial leaderships globally and provide an evolutionary view of the educational requirements - learning objectives and/or content - for the profession in the field of Enterprise Risk Management.

Description: This author makes a few suggestions for how the ASB can improve the way it defines and sets standards of practice in light of the challenges actuaries face today. The author believes that ASOP's hould be promulgated by the ASB ony after a thorough process that goes beyond codifying existing practices.

Description: This is intended to serve as a fundamental resource for a basic understanding of ERM, as well as a guide to further study of the subject. Members of the Casualty Actuarial Society have participated in the effort, as well.

Description: This session from the 2005 SOA Spring Meeting discusses SOP 03-1, DAC on internal replacements and Sarbanes-Oxley - SOX Section 404. From the Record of the Society of Actuaries, Vol. 31, No. 1. Session 70F

Description: Discussion of how non actuaries are taking on many of the enterprise risk management roles of insurance companies. Discusses changes actuaries need to make to re-assert their roles. Also discusses roles actuaries can play in enterprise risk management outside of the insurance and pension industries

Description: This presentation is an open forum, session 11OF, from the 2004 Spring Meeting of the Society of Actuaries, held May 19-21 in Anaheim, CA. The panelists note that defined benefit [DB] pension actuaries are finding themselves working in new and expanded roles in the new millennium, and discuss the answers to challenging questions raised by working in this environment, such as what additional training is recommended, and what the unique challenges and rewards are. The panelists look at the future with respect to the DB actuary, with respect to less traditional roles in that area as well as opportunities in the area of defined contribution plans. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 1.

Description: This specialty guide is a background reading list reference for the practice of asset-liability management 'ALM'. It is intended to provide guidance to anyone seeking to gain knowledge regarding ALM, especially with respect to its application to financial security systems such as life or health insurance, property and casualty insurance and pensions.

Description: Reflections of a Regulatory Actuary by Larry Gorski

Description: Regulators share their perspective on a variety of issues including statutory reserve related issues. From a session at the 2002 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, September 19–20, 2002

Description: Presented at October 2000 Annual Meeting. Discusses the marketing of voluntary benefits to employee groups and addresses key success factors for distribution, product, and technology associated with the work-site marketing distribution channel.

Description: From a panel discussion session at the annual meeting of the Society of Actuaries held in Chicago, Illinois, October 15-18, 2000 The panelists discussed recent trends in actuarial employment including: · Telecommuting · Actuarial consulting via the Internet · Actuaries working in banks and other financial institutions · Other opportunities such as reinsurance brokers, recruiters, and life agency employees

Description: In this session from the June 2000 San Diego meeting of the Society of Actuaries , information was provided about the Professional Development - PD - requirement of the new examination system and the role of the advisor.

Description: This a two-part article on actuarial opinions and addresses the coordination of opinions found in the financial reporting environment of the brown or blue book actuary. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This research illustrates many things we may learn from other actuaries around the world in designing a valuation framework, things we can do as well as things we want to avoid. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This literature guide is a background reading reference for the practice of asset-liability management 'ALM'. It is being published to offer guidance not only to actuaries seeking to gain knowledge on ALM as it relates primarily to life and health insurance, but also to practitioners in the property and casualty insurance and pension fields.

Description: Presented at May 1996 Spring Meeting. This session is intended to provide up-to-date information on the redesign effort and the governing principles that guide the design process.

Description: Presented at May 1996 Spring Meeting. The recent development of a finance track in the Fellowship syllabus allows the student to acquire expertise in financial market, asset valuation, and investment strategies. Panelists discuss actuarial work assignments undertaken by finance actuaries in life insurance companies.

Description: Presentation at May 1996 Spring Meeting. This panel discussion covers emerging issues in Canadian financial reporting for life insurance companies: new consolidated standards of practice, future financial condition opinion, disclosure of financial information.

Description: Presented at September 1995 Valuation Actuary Symposium. A distinguished panel of experts and a host of interesting and timely questions regarding financial reporting and valuation actuaries.

Description: This statement is an expression of opinion by the Committee on Actuarial Principles regarding the identification of actuarial principles to be considered for adoption by SOA membership. This covers the following types of principles: statistical, economic and financial, modeling, risk management.

Description: In this “nontraditional” general session from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto, the panelists, a “judge,” a “defendant,” and a “prosecutor” present a humorous “trial” to explore what the boundaries of “traditional” actuarial work are. A theme of the session is that some of what we call “nontraditional” is an expansion of traditional actuarial work, and that we owe it to our public to broaden our horizons. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: This paper presents reviews of: 'Life Insurance' 11th Edition by Black & Skipper, 'Protecting Against Inflation - and Maximizing Yield' by Bragg, 'Megamistakes: Forecasting and the Myth of Technological Change' by Schnaars, 'The Value of Pensions in Divorce: What It Is and How to Use It' by Snyder, 'Episodes in the Life of Charles Francis McCay - Academic, Actuary, Author and Businessman' by Kellam, 'APL the Language and Its Actuarial Applications' by Stiers, Goovaerts & Kerf, 'Actuarial Mathematics', Vol. 35 edited by Panjer.

Description: Discusses the direction for actuarial research in the areas of experience studies, theory, and practice.

Description: Discusses the current status of the valuation actuary concept and regulatory requirements. Also includes historical development of the valuation actuary movement. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Discusses the pricing issues that, if handled successfully, pave the way for a solid statement of actuarial opinion: coordinating pricing and valuation roles, communicating product specifications, setting mutually acceptable assumptions, reflecting risk in pricing and valuation, coordinating investment policy and interest-crediting policy, and anticipating a volatile economic environment. From the 1987 Record of Society of Actuaries, Vol. 13, No. 2.

Description: 1987 Valuation Actuary Handbook: Chapter 1: Addresses life insurance company statutory reserve valuation.

Description: Presented at October 1986 Annual Meeting. Discusses viable options for second careers utilizing an actuarial background. Society members who have moved into such career paths will offer their perspectives on: their personal experiences and options, the contribution of their actuarial training, how others view the actuary and current and future options available to actuaries.

Description: Presented at October 1985 Annual Meeting. This session discussion is about status of the revision of Recommendation 7, status of the Special Advisory Committee to the NAIC, principles for the valuation of life insurance companies, practical aspects of asset-liability matching.

Description: Presented at May 1985 Spring Meeting. Discusses: Statutory annual statement, Statement of actuarial opinion for interest-indexed universal life insurance, American Academy of Actuaries Financial Reporting Recommendation 7, Statement of opinion required by New York State for annuity products, Other required statements of actuarial opinion, The Valuation Actuary, Practical techniques and actual experiences.

Description: The author analyzes the arguments for and against a Social Security earnings test and concludes with a recommendation the author believes is consistent with the proper purpose and nature of the old-age, survivors, and disability insurance [OASDI] system. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.

Description: A survey of 13 universities in the U.S. and Canada indicates a wide variety of actuarial science topics of current research, as well as proposed future research.

Description: This panel focuses on professional development and continuing education requirements of actuaries after fellowship. From the 1977 Record, Vol. 3, No. 3.

Description: This section contains the business meeting minutes from four regional meetings held in 1976.

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: 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.

Description: Article discusses the conference on mathematical simulation models at Duke University on Oct. 31, 1968.