Description: Schaumburg, IL, May 31, 2022 – The Society of Actuaries (SOA) proudly welcomes the first actuarial candidates to receive a Micro-credential on their way to becoming an Associate of the Society of Actuaries (ASA). This marks an important milestone for the candidates and the future of our organization.

Description: updates on the Society of Actuaries’ (SOA’s) ongoing efforts on diversity, equity, and inclusion (DEI)

Description: The GH track will reduce from 12 hours to 10 hours by removing material from the Design and Pricing exam and the Finance and Regulation exam. Material will be added to the Specialty exam and the name will change to Risk Mitigation. The Pricing, Reserving and Forecasting module will be removed and will be replaced with the ERM module.

Description: The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

Description: A recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: Report summarizing the results of the 2019 PBITT UL with Secondary Guarantees Survey.

Description: Based on work performed by Bob Howard, a former member of RPEC, the SOA developed a spreadsheet-based program that allows users to create a customized mortality improvement scale using the RPEC_2014 model.

Description: The Society of Actuaries’ Committee on Finance Research and Joint Risk Management Section Research Committee are pleased to make available a research report developing a framework for quantifying and analyzing various forms of contractual designs.

Description: This report describes the results of the latest intercompany study of mortality experience under Structured Settlement annuities.

Description: In this report, we will try to provide an in-depth review of current Machine Learning and Deep Learning models and will explain how those models works and their possible applications in the actuarial field. The recent studies and successes from the industry will also be discussed. We intend to bring more actuaries onboard about those technologies and start to think about how to bring them into our daily work.