Description: In this era of enterprise risk management, actuaries should reassess what we tell the public about what we provide. We should allow buyers to make informed choices based upon all the facts. We should recognize that regulatory and judicial forces will be focused on the products we produce for a very long time. This 2004 editorial from The Actuary Magazine discusses some common financial practices that are undergoing closer regulatory scrutiny.

Description: Describes a process to develop a good forecast. Also provides an example.

Description: Provides tips on how to build and maintain a healthy and reliable job-opportunities network.

Description: This is an article that highlights recommended reading by the Health Practice area communications committee. The readings cover a broad subject matter from risk assessment, medical technology to uninsured.

Description: The article summarizes the SOA survey conducted of risk professionals regarding their understanding of important risk terms. The results contain perceptions by individuals and also firm-level information. Survey responses clearly demonstrated high differences in risk definitions.

Description: Irish actuary and professor explains his hypothesis that actuaries, as practitioners, are reluctant to adopt the theories of financial economists unless the models on which the theories are based fit the actual data the actuaries have.

Description: This article is an overview of the FAP course, a new e-learning tool that encompansses real-world applications and examples to demonstrate actuarial practice and to teach principles that help candidates make the transition from the preliminary examinations.

Description: This article discusses the trend toward outsourcing of insurance assets to third party money managers which has grown steadily as insurers face increasing market challenges. Insurers are finding that a strategic approach to outsourcing investments is critical to enhancing value within both liability reserves and surplus portfolios.

Description: Looks at the non-traditional role of actuary Kim Johnson as a vice president of investor relations.

Description: Principles serve as signposts of practice. They can be a combination of core truths, values, heuristics and paradigms that collectively encapsulate the theoretical underpinnings, mental processes and attitudes of the practitioner.