Description: This paper defines business risk as uncertainty that threatens the viability of the insurance organization including product features such as mortality or persistency, internal organization features such as expenses or staff retentionand external influences such as regulatory or legal actions. This paper provides an approach for measuring the financial impact of adverse variation of these factors on the organization.

Description: This is a chart from the article Shouldering the Cost of Employee Stock Options which shows the values at each node.

Description: This is a report on the Faculty meeting on 21 March regarding the funding of defined benefit pension schemes.

Description: The RL Asset Liability Watch for December 2012. A resource for Pension Section members.

Description: RL Asset Liability Watch, July 2013 Resource for Pension Section members

Description: This article discusses the attributes of a unified Operational Risk Management framework and how those attributes can underpin a seven-factor economic capital model.

Description: This paper is the report of a survey intended to provide the Society of Actuaries with information from traditional and non-traditional employer markets - testing opportunities for non-traditional employer markets and for expanded roles in the broader financial service markets. This information will enable the SOA to better define the value of its credentials as well as that of future actuarial skill sets and attributes to these targeted employer markets.

Description: Description of Social Security COLA for December 2020 and wage-indexed program parameters for 2021.

Description: Article focusing on points to consider to improve hiring.

Description: Much of enterprise risk management has its roots in portfolio management and corporate finance. The concepts of trading off risk and return and benefits of diversification are well understood and articulated in both the actuarial and economics fields, so I don’t believe there are significant knowledge gaps preventing actuaries from contributing to the field. In fact, actuaries may have an advantage in many situations where a large part of a firm’s overall risk arises from pension activities or other more typical actuarial risks.