Description: In this translation of an original article by Oscar E. Velandia, the role of the actuary in the Colombian insurance market place in light of regulatory change is examined. A comparison with the rules from the Solvency II Directive puts the actuarial function into context. In addition, the new financial reporting requirements set forth by IFRS 17 and the involvement of the actuary in finance is described.

Description: Part 1 of a 2-part series featuring interviews with four former SmallCo section chairs. The interviews shared their view of the value of SmallCo and of holding a leadership role. They also discussed the challenges of leading this section and gave advice for new section council members.

Description: The Society of Actuaries (SOA) Latin America Committee (LAC) hosted the first Professionalism webinar for the region on May 14. Two-hundred attendees from 10 different countries participated, and it is now available for download for those who may have missed it.

Description: This article provides an update, as of September 2019, on the Reinsurance Section’s sponsored research in process and studies recently completed.

Description: Read the October 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: The introduction of a new recurring feature, full of relevant content by young professionals, for young professionals.

Description: In “Gearing up for Designing Your Future,” published in the May 2017 issue of Actuary of the Future, the author cited four heroes as his personal inspiration. This article is the successor, showing the glory of these heroes and how they can inspire us actuaries today, as we strive to live our best lives. Identifying your own Noble Purpose as an actuary and in your life makes creating a five-year plan for personal growth meaningful and motivating. What will you gain from reading biographies of famous people and the classics? To aspire, to approach eloquence, to emulate the poetry of how they put their ideas across to mobilize their publics, to elevate our own characters by their examples, to be fully equipped to make moral and ethical judgments, to master the primary tool, verbal communication.

Description: Learning excellence is of value to both candidates and credentialed actuaries learning new areas. Learning mastery and excellence requires 1) use of executive function (EF), multiple brain areas, for example, verbal, formal (algebraic), computational, and geometric (rule of four), and 2) goal-setting, skillful breaking down of complex tasks into subtasks each of which are simultaneously 2a) clear and specific, 2b) achievable in a short time and 2c) challenging. 10 examples are presented illustrating use of the "rule of four" to achieve elegant solutions to otherwise complex problems as well as goal setting using fellowship-exam approaches, approaches to multi-component problems, and skillful use of databases as visual organizers. The material reflects a new approach to learning complexity that is easier to use than the pedagogic hierarchies and unifies them.

Description: Have you ever felt paralyzed seeing all the things before you that seemed impossible to complete? Asking for help can help, even though most of us don't want to seem inept or weak. This article outlines the benefits of asking for help, provides advice about how to do it, and describes the benefits of doing so.

Description: Overview of the seven trends affecting the Actuarial profession .