Description: This paper demonstrate how growing capital when businesses are failing and taking advantage of intellectual capital can assist a consulting actuary to become more successful and offer an alternative approach to expanding a consulting business.

Description: A brief description of the current activities of the Entrepreneurial Actuarial Section [EAS]. Webcasts and a call for papers are described.

Description: In this article the chair of the Entrepreneurial Actuaries Section describes what makes this section different from others and how that works to the section’s advantage. The author also shares his principles for guiding the section’s actions.

Description: Recent and pending changes in financial reporting standards and regulations such as IFRS 17 and US GAAP Targeted Improvements are ramping up the performance pressures on actuarial models. New infrastructure technology in the cloud is driving modeling options that may well help actuaries successfully and economically meet these challenges and unlock even greater transformational change.

Description: This article introduces IT DevOps to actuaries and how it is applicable to them to improve their modeling efforts and make them more efficient.

Description: This article is the second installment in a three-part series on economic scenario generators (“ESGs”). Part I was published in the November 2019 issue. Part II addresses critical considerations in selecting, building, using, and validating ESGs. The article discusses key criteria in understanding ESGs including: - Risk factors - Scenario type - Process and parameterization - Calibration - Number of scenarios - Timing considerations

Description: Read the November 2020 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This session from the 1995 SOA Vancouver Meeting discusses recent economic developments leading many companies to reduce their workforce, examines the impact of this activity on the pension plan, nondiscrimination rules and explores design options that have been used in conjunction with downsizing. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: This session at the SOA 1998 Maui I Spring Meeting gives an overview of the equity indexed market and discusses the issues associated with managing these products after issue.

Description: The proposed new table, recommended as suitable for a new Group Annuity Reserve Valuation Standard, if accepted and adopted by regulators, would incorporate the use of generational mortality into statutory reserving requirements for group annuities for the first time. From Transactions of Society of Actuaries 1995, Vol. 47.