Description: This article addresses how to best use body language to one's advantage

Description: We will demonstrate three analytical tools along with a sample case study showing how they might be applied to a fictional actuarial organization within ABC Life. The goal is to highlight how they might be applied to perform a health check of an actuarial function organizational design. This can measure effectiveness quantitatively via benchmarking how an actuarial function might stack up against the industry and management expectations. The tools and techniques are critical for actuarial leaders and managers but are also relevant to all actuaries, since we can all benefit from understanding how our individual work efforts fit into the bigger picture of an organization.

Description: The December 2013/January 2014 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: Effective strategic planning can have a profound effect on the development of your team and the growth and direction of your actuarial organization. This article shares the elements that will set you up for success before the meeting even begins.

Description: Dovel Technologies started as a two-person company, and by the time we sold to Private Equity in late 2019, Dovel had more than 1,200 people on its payroll. In this article, the authors (and cofounders of Dovel) describe two concepts that helped Dovel grow that actuaries can apply to help grow their firms.

Description: In "Are You Leading Your Actuarial Organization with the Right Mind?" by Tim Hebert, the author explores leading with emotional intelligence amid challenges. Distinguishing between reactive and thoughtful responses, the article underscores the importance of intentional leadership and urges actuarial leaders to develop mindfulness skills. The "right mind" is introduced as a state of emotional intelligence, advocating for leaders to choose thoughtful responses over impulsive reactions. The article delves into the dual nature of the human mind, highlighting the cluttered and reactive "thinking mind" and the neutral "observing mind" that provides a broader perspective. Actuarial leaders are encouraged to leverage their observing minds for intentional and thoughtful decision-making. Emphasizing the balance between leadership and management, the article urges leaders to increase their consciousness levels for objective responses in times of change. Overall, Tim Hebert promotes the mastery of the mind as essential for effective leadership in the actuarial realm, inviting readers to cultivate intentional and mindful approaches even during crises.

Description: What would happen when the use of computerized two-digit date fields used through all of the latter half of the 1900s encountered the date 01/01/2000? No one knew. As Jan. 1, 2000, drew closer, self-preservation forces, competition, liability shifts, and disclaimers heated up essentially across all commercial sectors. The contemporaneous documents of those pressures tell a story about those who did not know the outcome of the Y2K issue, primarily as related to liability, risk and insurance. In this exciting article, Nancy P. James, Licensed Insurance Adviser and Y2K expert, shares the untold story of risk and insurance at the dawn of the Millenium.

Description: Adjusting GAAP reinsurance reserves to account for reinsurance protection against the events that trigger direct reserve constraints (such as NPR capping or LFPB flooring) can be a challenge any time. Ceding a block of business that is already in force increases the challenge—especially if one of those constraints was already present at inception of the reinsurance. This article builds on previous work (published in the July 2022 and June 2023 issues) to show how to measure initial reinsurance reserves in a way that complies with AICPA guidance and prepares for effective measurement of subsequent changes in the effects of the constraints.