Description: To be financially "well" is unique to an individual. Following a hierarchy of needs is key, along with saving more than the talking heads tell you to.

Description: Essays advocating for incentive compensation linked to the level of risk in an organization.

Description: Some of the uncertainties related to catastrophe models are explored, leading to the suggestion that the actuary is well suited to understand and use these in the context of an ORSA exercise. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: When using models a company can develop blind spots to risks. This article explains how to recognize the weaknesses in the models by recognizing the markets response to the innovation within the insurance product. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: Article describing key steps to develop an incentive compensation plan that aligns to the company’s risk profile, mitigate excessive risk taking, retain talent and meet the disclosure requirements. The yearly development cycle includes develop the incentive compensation program, communicate and implement and assess the plan performance on both short and long term horizon.

Description: List organizations types that does not have incentive that is aligned with public interest or interest of the organization itself.

Description: A comprehensive analysis of the current economic crisis and risk management that considers the social and political behavior of people.

Description: This article discusses incentive compensation metrics set to motivate performance, retain people, satisfy legal constraints and Say-on-pay and promote good risk management. Alignment discussion between actual metrics characteristics and the behavior they promote.

Description: This article advocates for a lower variable part in salary and increase focus on other mechanisms (goal setting, simpler product, management, culture and processes). The psychological aspect of belonging to the incentive compensation pool is more important that the financial aspect.

Description: This article discusses pointing out flaws in Incentive Compensation program using short term financial metrics like Total Shareholder Return may miss non-short term financial risk and non-financial risks.