Description: This article reports on the latest annual survey about the relationship between reinsurers and their cedant clients. Some improvement was seen in 2011 from both actuaries and underwriters.

Description: LDTI’s introduction has forced many insurers to examine their existing operations and technologies. They must determine how to optimize compliance efforts while balancing data, analytics and system modernization considerations to achieve maximum value. This article will examine the four key facets—the data, technology, processes, and people—essential to any successful LDTI exercise. It will also touch on the various approaches for tackling LDTI and how a modernization mindset can help insurers realize much greater transformation for the business.

Description: There is a growing amount of “off-balance sheet” talent in the US and Global workforce. This spans from consultants and contractors, to gig workers and the crowd (both curated crowd and open crowd). One such example is Uber and Lyft workers. Insurance companies and the Actuarial profession have started to experiment with platforms such as Kaggle and this will continue to grow and evolve. This article explores these new sources of talent for companies, the implications to the actuarial function, benefits and challenges of the evolving workforce.

Description: I volunteered to assist with the Actuaries Without Borders Global Mentorship Program both as a mentor and deputy program manager. This article summarizes the lessons I have learned from my first year of involvement. I hope to inform readers about the obstacles actuaries face in developing countries and to encourage them to consider participating in this program.

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: Latest installment in a series covering the application of Buddhist principles to the actuarial work setting. This installment covers the challenges actuaries face in dealing with unfamiliar and uncertain assignments. It provides both encouragement that actuaries are more capable and multi-faceted in their skill sets and offers suggestions taken from the meditation cushion and yoga mat to aid in tapping into those capabilities.

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: Latest in series of articles exploring the adaptation of Buddhist philosophy to actuarial practice. This installment examines the challenges for actuaries in dealing with pain points in actuarial work, and how to best manage these forces so that the work remains aligned with professional standards.

Description: Distribution channels matter because they impact how products reach the clients, client experience with the company, and are a key driver in total company performance. Think about this, the pricing actuaries could design innovative products that meet client needs, but without distribution channels communicating the right messages to the clients and addressing their questions, the products probably would not sell.

Description: An interview between Timothy Morant and Jinnah Cox. The chair of the reinsurance council discusses with the chair of the product development section, including personal questions and volunteering for the reinsurance section.