Description: Many start-up companies have certain elements in common: Most are still developing a profitable, working business model, there is little to no hierarchy or management structure, and everyone is in it together. A typical challenge is an ability to retain and/or attract strong leaders due to lack of resources needed to compete in the higher compensated talent markets. This article introduces The Equity Bonus Plan, which can help entrepreneurs attract and retain talent.

Description: Interview with Sara Teppema showing her career journey and leadership philosophy.

Description: Interview with new incoming Chair of the Reinsurance Section

Description: These are the updated in the Taxation Section.

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: The SOA, in collaboration with CSU-Fullerton, hosted the first event combining local high school students and community college and university students for a day of learning and networking.

Description: With more than 24 years of experience in the reinsurance market, Bruno Freire is the CEO and one of the co-founders of Austral Re, along with Vinci Partners, a private equity firm. Austral Re is a Brazilian- based multiline reinsurer which that writes business across Latin America. It has grown organically throughout the last 13 years, and had its credit rating upgraded to A- in 2023 by AM Best (it also has AAAbr from S&P). Before joining Austral, Bruno had been a reinsurance broker at Aon Re for more than 10 years, having witnessed the opening of the reinsurance market in Brazil. As we will be seen in his interview the following, he believes in a data driven analytic approach, client focused but with an underwriting mindset, as well as a strong support from actuaries and technology as key instruments to run a reinsurance company successfully.

Description: On May 31, the Joint Risk Management (JRM) and Leadership & Development (L&D) sections held their regular book club session to discuss The Influential Actuary by David C. Miller. We had 50+ SOA members attend the meeting who passionately shared their experiences and engaged with the author. This article shares insights about the book and discussion.

Description: In the spring of 2019, Dr. Cai started to serve as the Actuarial Science Program coordinator at Salisbury University, a medium-sized public teaching school in Maryland. At that time, the program was small, with only two faculty members who focused on both statistics and actuarial science, with approximately 10 students. During the next five years, the program did make some achievements in curriculum development, student exam preparation, job placement, and recognition, but Dr. Cai continued to have a dream to make the program unique. Dr. Cai believed that the skill sets students learned, even from a small program, could enable them to compete with anyone on a global basis. In spring 2024, Dr. Cai advised a group of exceptional actuarial students to participate in the 2024 Society of Actuaries (SOA) Student Research Case Study Challenge (SRCSC), and the team won third place – —behind two teams from the University of New South Wales, Australia. This article is the story of the journey.