Description: In his book The Power of Habit (2012), Charles Duhigg tells a tale of finding common ground and reaching consensus on change. The common ground that was sought between warring corporate tribes was mutually beneficial, not just to achieve the ends to which those changes were aimed, but also for the cooperation that they engendered across the entire organization.

Description: Many professions in the US recognize that minority under-representation is a real weakness in an increasingly multicultural world. The actuarial profession in the US has acknowledged this problem. However, acknowledging the problem is only the first step in solving it. This article sets out the level of commitment that will be necessary to SOLVE the problem, based on empirical research that the profession itself sponsored.

Description: This article summarizes the treatment of changes in the basis for determining life insurance tax reserves under prior law and describes the changes enacted by the Tax Cuts and Jobs Act. It further explains the procedures for changing the basis of computing reserves under the new rules as outlined in Revenue Procedure 2019-10, the IRS’s December 2018 guidance on the subject, and discusses the uncertainties that remain.

Description: Read the October 2020 issue of Taxing Times published by the Taxation Section. Newsletter provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article highlights a book called Episodes in the Life of Charles Francis McCay - Academic, Actuary. From The Actuary Vol. 24, No. 7

Description: The Actuary interviews the Executive Vice President of Mutual Benefit Life Insurance Company Newark, Donald R. Sondergald. Read about his prospects of becoming President of the Society of Actuaries and his opinions about the state of the actuarial profession. Article from The Actuary, Volume 24, Issue 7

Description: Letters from readers regarding two articles - NO BOUNDARIES: The SOA as a Global Organization—Serving All Members and Retirement Software Eat Dots, Avoid Ghosts.

Description: A look at how the female actuary is portrayed in fiction and whether it is a true portrayal.

Description: The authors take a deeper look at the long-standing motto of the Society of Actuaries, from John Ruskin, “The work of science is to substitute facts for appearances and demonstrations for impressions.”

Description: Read the November 2019 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.