Description: How does mortality experience impact earnings under the new GAAP financial framework? This article discusses how to isolate key components from financial models related to decrements, as well as how to handle the changes in the financial reporting landscape including: the aggregation of insurance policies into cohorts, dynamic reserving, and the limitations imposed by caps and floors. Looking at the components of earnings, such as the present value of benefits, expenses, and premiums, and how these elements interact is critical to form a comprehensive earnings story.

Description: This article outlines Georgia State University’s (GSU) innovative approach to actuarial science education in response to the evolving demands of the profession, including data science, AI, and climate risk. It highlights a comprehensive pipeline that supports students from early career exploration through high school outreach, into personalized undergraduate academic paths, and onto professional readiness. Key features include project-based learning integrated into core actuarial courses, hands-on technical training in R and Python, and industry-aligned case studies.

Description: This article contains interviews with the directors of three Society of Actuaries departments. Margaret Ann Jordan is the managing director of Information Technology and Services, Tiffany Berger is the director of Finance and Facilities, and Toni Murril is the director of Human Resources.

Description: A look at the changes to the FSA pathway that are in store for 2025.

Description: SOA President Stephen G. Kellison shares his thoughts on the future of the actuarial profession.

Description: An update of recent past and upcoming professional development opportunities that have relevance to general insurance actuaries.

Description: Presidential address about changes in the actuarial world.

Description: The COVID-19 pandemic has not simply changed the way we live. It has caused most of us—whether we want to or not—to reassess the way we think and feel about our world. Most in the general public have been looking to political and medical leaders to better understand the implications to health and wealth. Likewise, we as actuaries look to business leaders and key volunteers for their insights into the impact on our profession. We recently conducted a series of interviews with such leaders in the Canadian actuarial profession. This article addresses their insights into the evolving set of skills we need in this rapidly changing world.