Description: Full version of The Stepping Stone Newsletter, April 2004, Issue No. 14.

Description: Changing Roles by Sim Segal from The Stepping Stone Newsletter, April 2004, Issue No. 14.

Description: Full version of The Stepping Stone Newsletter, January 2004, Issue No. 13.

Description: One year ago, in my first of four issues as editor, I pledged to try to provide at least one article in each of the five topic categories that are the focus of our section. The five categories are: Management 1. People management (leadership, recruiting, etc.) 2. Business management (decision-making, etc.) Personal Development 3. Career development (marketing yourself, interviewing, etc.) 4. Communication skills (presentations, writing, listening, etc.) 5. Interpersonal skills (negotiation, influence, etc.) From The Stepping Stone, January 2005, Issue No. 17.

Description: This article argues that using Economic Capital as a metric does not capture all of the risks. The author suggests an alternative that better meets a corporation's overall risk management needs. This is value-based ERM, which is an approach that makes the quantification of enterprise value central to all aspects of the ERM process. It is a combination of two techniques—enterprise risk management and value-based management, and it captures all of the risks in a single metric.

Description: The focus of this article is that while Economic Capital can be a valuable component of the ERM process for insurance companies, an over-emphasis on EC, to the point of neglect of other steps in the ERM process, can reduce the effectiveness of an ERM program.

Description: In this article, the editor talks about the contents of this issue of the Risk Management Newsletter. Also mentioned are the three categories the newsletter tries to cover 1. Risk Identification, 2. Risk Response, and 3. Risk Culture & Disclosures.

Description: We are often told that, as actuaries, we excel in technical skills and ethical behavior. SOA member surveys confirm that we believe this to be true. We have also been told that we often demonstrate a lack of business savvy, and in particular, we have difficulty seeing "the big picture." The same SOA surveys indicate that we know this to be true as well.

Description: This table reflects results based on an SOA survey of actuaries and employers. From article "Protecting the Future Image of the Actuary" by Sim Segal featured in The Actuary Magazine, February 2005.

Description: The first of two parts of a panel discussion, by conference call, on the the evolution of Enterprise Risk Management at life insurance companies, and actuaries' roles in that evolution.