Description: Book review of 'You Don’t Need a Title to Be a Leader.'

Description: Created in November 2020, Actuaires du Monde (Actuaries of the World in English) is a non-profit organization registered in France.

Description: Read the Quo Vadis Reinsurance.

Description: Align carrier, agent, and consumer definition(s) of DTC to establish a collective understanding for the affected parties. Understand why a direct-to-consumer approach may be important for carriers’ and distributors’ growth and development goals, tactics and strategies. Use the agreed-upon baseline and understanding of DTC’s importance to establish and agree upon reasonable expectations for its role in marketing, distribution, and product development and performance. Position carriers and distributors together to align sales, marketing and performance expectations and incentives for all parties to increase the possibility of outperforming in (and outside of) the DTC space; design sales, marketing and distribution systems and approaches to meet consumers where they are at; and expand current sales and cultivate new markets to remain relevant and magnify profiles in an ever-changing industry.

Description: This article is an opinion piece on the value of Sections to the Society of Actuaries. In particular, the Smaller Insurance Company Sections supports its members by sponsoring meeting sessions, developing webcasts, actively supporting research and promoting a sense of community and collaboration.

Description: This article notes how “we can do much more at the company, industry and social level by combining what we know with other actuaries as well as members of other disciplines.” This will become easier due to social technologies that allow individuals to collaborate regardless of conventional barriers. The author asks “how do we use these new social technologies to leverage our existing actuarial skill set data in a way that creates value for customers and clients?”

Description: This article is an update on the No Surprises Act, which is a U.S. Act aimed to reduce the risk that a person unexpectedly receives out of network charges for their health care visits.

Description: As part of the 2019 Disruptions to the Actuarial Profession Contest, this essay posits that the actuarial profession should respond to other fields encroaching on its space, particularly software development and data science, not by a defensive reaction to establish a boundary between fields but instead by a welcoming attitude that seeks to utilize expertise from other fields while maintaining the actuarial role of comprehensive risk management and its hard-earned professional trust.

Description: Editor’s note: This is the first article in a series of three covering the Society of Actuaries (SOA) Competency Framework. The subsequent articles will appear in future issues of the Actuary of the Future newsletter. The Society of Actuaries (SOA) Competency Framework is a powerful tool to enable you to design your future. Though it has been the SOA’s instrument for prioritizing continuing education and support to members since 2010, many actuaries are still not fully aware what a potent tool it can be to them in planning their personal careers.

Description: The article is an overview of the life insurance business in the Middle-East. It presents the history and culture of the region and the impact on shaping the life insurance products. The article then presents surrounding economic, political and demographic environment as well as business challenges and opportunities. Finally, the article presents the market position on the digital transformation.