Description: Contemporary ERM has moved from an event-based view of risk to a hierarchical, systems-based approach. In order to operationalize such an approach, a methodology is proposed in this paper that draws on phylogenetic approaches that have been successfully developed for biological evolution. The technique and process provide an insight into the lineage, pace and impact of external conditions on the evolution of risks. They also provide a unique and rational classification of risk in an enterprise that can be used to optimize risk management resources. An example of a fictitious insurance company is used to illustrate the approach. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: This overview study note for the Society of Actuaries Spring 2012 Financial Economic Theory and Engineering [FETE] exam is intended to provide candidates with an approach for organizing the course of reading for studying the various sections of the course.

Description: This is the Introductory Study Note for the Society of Actuaries Group and Health-Company/Sponsor Perspective examination for Spring 2012 that will be given on Friday, April 27th, from 8:30 a.m. – 11:45 a.m. and 1:30 p.m. – 4:45 p.m.

Description: Article describes how to write effective model documentation

Description: How you can use your motivation and persistence to become an optimist.

Description: How to offer constructive criticism and use it as a tool to improve work processes, nurture business relationships and get the outcomes you want.

Description: Adapted from Chapter 1 of the book "Awake at Work" by Michael Carroll, the article discusses the ongoing dilemma the actuary faces in determining the appropriate amount of effort and analysis to put into a given actuarial assignment being juggled with several competing priorities.

Description: It feels safe letting someone else be the boss. But it's risky, too. The way to minimize the risks--no matter what your work--is to become the boss of your own career. Learn simple steps here.

Description: Professional Development tips in the area of business networking and relationship development. Increase your industry knowledge, expand your network by learning to comfortably engage with others in purposeful relevant conversations at business events.

Description: Servant leadership article in the series.