Description: The Chairperson of the section talks about how members can participate and make a difference in the section.

Description: Chairperson talks about the activities of the section.

Description: This article reviews the dynamics of surrender risk, briefly discusses current valuations in the Interest Rate option markets and presents some tailored structured hedging instruments that can be used to manage this risk.

Description: Discusses speech by Professor Chastain of Drake University on recruiting and what attracts recent graduates to particular jobs.

Description: Book review of The Mathematical Sciences, A Collection of 22 Essays, by the National Research Council's Committee on Support of Research in the Mathematical Sciences.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 that talks about the various ways of constructing systems and suggests the desirability of establishing measures of efficiency for the alternatives so that we may rationally choose among them.

Description: Article from The Actuary, April 1972 – volume 6 - Issue 4 that provides a recap of a talk given at the Twin Cities Actuarial Club meeting by Dr. Theodore Lindbom, Practicing Industrial Psychologist in the Twin Cities, on the selection of actuarial personnel.

Description: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides the author's comments on Health Maintenance Organizations and describes an opportunity for actuaries to apply as service providers to this developing industry.

Description: This article covers the presentation given by Mr. Gerald Hutchinson of the Social Security Administration to the Baltimore Actuaries Club recently on the subject of surnames. A surname has six or few letters.

Description: This is a book review of 'Management: Tasks, Responsibilities, Practices' by Peter F. Drucker, considered by some to be the high priest of management. The book is divided into three parts- The Tasks, The Manager and Top Management. The last named contains much food for thought, not just for top management but for the underlayer as well. The first two parts reveal Drucker’s knowledge of and insight into what is good management and what is not. Repeatedly, he makes his point by citing real cases and describing real companies. His occasional comments on the life insurance industry are pointed. The book is also noteworthy for giving us another law to stand alongside those of Parkinson, Murphy and Peter- Drucker’s Law: 'If one thing goes wrong, everything else will, and at the same time.'