Description: A compilation of reader responses is presented to a real life situation posed involving a management, leadership, or other business decision. This issue’s case study involved a difficult hiring decision faced by an actuarial manager.

Description: Write up about SOA’s donation to Boston Public Schools.

Description: The August/September 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: Discussion of the merger between the the Actuarial Education and Research Fund and The Actuarial Foundation. The named of the merged organizations will be The Actuarial Foundation. Legally, the AERF will go out of existence, but all of its functions will be continued by the new, merged organization.

Description: Among the changes to SOA fellowship for 2025 is a new approach to covering regulatory material. This article provides the current proposals being evaluated by the NAIC regarding requirements to sign the annual statement.

Description: The article contains a description of the Emerging Topics Community. The focus of the article is what is a community, what makes the Emerging Topics Community special, and benefits of the Community. Included after the discussion on the community are ways to get involved and be a part of the community.

Description: Legacy may seem far away, but for entrepreneurial actuaries, legacy is now. This article shows entrepreneurial actuaries how they can think of their legacy as the breadcrumbs they leave with their teams, their clients, and their community.

Description: The implementation of the IFRS 17 insurance accounting standard has brought significant changes to the financial reporting landscape of insurance companies. With new disclosure requirements and altered profit analysis, understanding and interpreting future profitability have become a topic of concern for the industry. While stability remains a key objective for insurance companies, the earning patterns might become more volatile especially when the contractual service margin (CSM) is exhausted, and a loss component (LC) needs to be established. Reinsurance, a common risk mitigation tool, can play a pivotal role in managing earnings volatility and minimizing losses for onerous measurement units. In this article, we propose a new key performance indicator (KPI) called “loss recoverability” to assess the performance of reinsurance treaties in achieving these objectives. We explain how this KPI can be utilized in multiple scenarios to evaluate the effectiveness of reinsurance strategies and pursue stability in earning patterns.

Description: This article introduces 'Online Quick Case Discussions,' a pedagogical model for integrating professional skills into Exam P and Exam FM courses.