Description: This is an article about the many benefits of actively volunteering and the importance of investing one's time to grow the actuarial profession.

Description: Update on section activities from the chairperson.

Description: Interview with John Houston, Advanced Analytics and Predictive Modeling practice leader at Deloitte.

Description: A comment letter to policymakers produced jointly by the SOA and AAA presents findings from their actuarial analysis of the proposed CLASS Act. The analysis indicates that the proposed structure and funding approaches will be unsustainable, and will cover only a very small proportion of the intended population. The opt-out and guaranteed issue provisions of the plan pose a risk that soon the program will either need increased premiums and/or significant reductions.

Description: Summary of results from survey of LTC Section members, on use of resources, meetings attendanceand topics of interest.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: Editor's note from the December 2010 issue of International News in which the author previews the articles within the issues and talks about the new section council members.

Description: The success of SOA events hinges on the contributions of its volunteers. This article outlines a few of the significant contributions of those donating of their time and expertise.

Description: An article covering the saturation of the entry-level actuarial job market and how to focus on improving your situation.

Description: The author describes her experience as an actuarial student living in Hartford, Conn.