Description: Latest updates from the Health Section Council

Description: The re-cap of the last year by the chair of the Actuary of the Future section, Andrew Dalton. During the year, the section council has established and tackled some aggressive, forward-looking goals. These goals were shared in our spring newsletter. The rest of the article is an update the progress as a section and as a profession.

Description: These are the slides that go with the presentation entitled ' Diversity in The Actuarial Profession – Next Steps' by Barry McKeown. This was a presentation on possible next steps needed to achieve appropriate levels of integration. From Actuarial Research Clearing House, 2012, Vol. 1.

Description: This article provides advise on steps to take to protect yourself from malpractice claims.

Description: This is a report of a survey of financial services executives about their understanding and awareness of the actuarial profession, their risk management agenda, and their perception of actuarial skill sets.

Description: In the past months, as COVID-19 has forced the reduced activity in the U.S. economy there has been some very substantial, but varied effects on the U.S. healthcare system. There is a lot of potential for confusion amongst providers and patients with regards to decisions related to which services ought to be rendered and which ought to be deferred. Two specific agencies – the Centers for Medicare and Medicaid Services (CMS), and the American College of Surgeons (ACS) have put together some guidance to add more clarity towards what types of services should be provided and what types ought to be deferred. In addition, this paper includes a discussion on what types of services are most likely to be deferred, and which ones will accrue pent-up demand to be released when many of the deferred services become available again.

Description: The SOA has translated four of its AIT report summaries into both Traditional and Simplified Chinese. They are “Behavioral Science”, “Big Data and the Future Actuary”, “Cancer Genomics”, and “Cloud Computing and Machine Learning Uses in the Actuarial Profession.

Description: Emerging technologies like GenAI will be more disruptive than past technological developments, such as spreadsheets, low-code data and dashboarding tools, and cloud computing. This article will explore how how we can lead ourselves, our teams, and our organizations to thrive within a defined modern value proposition, using one of two archetype roles: actuaries as business partners or actuaries as developers.

Description: Milliman has embarked on a multiyear aspirational effort with the United Nations Development Programme (UNDP)’s Insurance and Risk Financing Facility (IRFF) to build actuarial capacity and, as a result, support economic development in the developing world. The Global Actuarial Initiative (GAIN) was launched and announced at the 77th United Nations General Assembly on September 18, 2022 and aims to enhance and strengthen the actuarial profession in multiple target countries. GAIN efforts are focused on the goal of sustainable economic development by advancing effective risk management in developing nations. The interventions we embark on through GAIN will vary by country, reflecting its current actuarial needs, what we see as opportunities for improvement, and more importantly what the local stakeholders see as the most useful activities.