Description: Joint Risk Management Section chairperson's corner, June 2023

Description: A compilation of reader responses is presented to a real life situation. This issue’s case study involved a candidate for an actuarial position who didn't handle salary discussions well, and whether that should impact the hiring decision.

Description: A look back at 2024, reviewing and highlighting the things that the SOA Health Section Council accomplished, including education, research, webcasts, networking, and a new Health Section Council action plan that will be used on an ongoing basis to target, track, and measure areas of focus for the council, to better serve membership.

Description: As a dynamic entrepreneur, the question is not if you’ll need to prepare for high-stakes, emotionally charged conversations, but when you will have them. If you’re looking toward a business conversation where you want the outcome to be positive-oriented and forward-looking, there is some risk involved. It is worth your time to prepare and differentiate yourself before any words are spoken. Risk, in this situation, means that it could negatively or positively impact one or more of the following: Relationships, business outcomes, timing/efficiency, quality metrics, performance, or more. There is a literal cost to this kind of conversation going wrong! In this article, Libby Wagner shows actuarial entrepreneurs how to hold tough conversations that demonstrate respect and bring about the results they want.

Description: The article urges actuaries to see AI not just as a tool but as a strategic partner, drawing parallels to past transformative technologies like the printing press. Using NAIC survey data, it shows AI adoption is surging in health and auto insurance, lagging in life. It outlines AI’s potential to boost productivity, improve data quality, and enhance contract analysis, while warning actuaries to master AI before others use it to evaluate their work. Ethical standards demand transparency and fairness, making responsible AI use part of professional duty. Historical examples—like James C.H. Anderson’s 1970s cash flow testing breakthroughs—highlight how visionary actuaries can redefine the profession. The article applies Harvard professor Jeff Bussgang’s “hair-on-fire” innovation lens, suggesting AI-powered, urgency-driven insurance products, akin to Y2K coverage, could revolutionize offerings. It calls on actuaries to address protection gaps, discrimination, and industry opacity through AI-enabled fairness. The message: courage, creativity, and proactive adoption will let actuaries shape—not just survive—the AI-driven future. The closing reflects on the author’s tenure with the SOA Reinsurance Newsletter, framing this as a final, forward-looking call to action for actuaries ready to lead in a transformed insurance landscape.

Description: Highlight how actuaries can extend their influence beyond traditional insurance roles. Drawing on personal experiences, it illustrates how problem-solving, data analysis, and cross-functional collaboration enable actuaries to tackle healthcare, technology, and entrepreneurial challenges. The article encourages actuaries to embrace innovation and reimagine their career paths, ultimately amplifying their impact on organizations and society.

Description: The SOA, in collaboration with CSU-Fullerton, hosted the first event combining local high school students and community college and university students for a day of learning and networking.

Description: Stefanos Orfanos shares his perspective and priorities for this year as the incoming chair of the SOA Education and Research Section.

Description: Describes the benefits of developing a personal leadership brand, including tactics and learning from others to bring our the best of your leadership abilities.

Description: An overview of the actuarial profession in Sri Lanka.