Description: Actuaries and the Actuarial profession have an obligation to act in the public interest. It is not enough to pass exams, keep current and do "good actuarial work.” Both Science and public service must be reflected in all of our activities...The intent of this article is to clarify what "acting in the public service” means for actuaries, particularly U.S. actuaries. It emphasizes the importance (necessity) of examining the "public interest" in everything we do ... and to warn the public where we have concerns. ...Acting in the public interest (a requirement for any profession or professional, is critical to the profession's future reputation and relevance.

Description: This article describes a hypothetical workplace dilemma, then invites SOA members to submit their comments and solutions. This situation deals with a mortality study and what disclosures should be made in the report on the study with regard to the treatment of reinsurance.

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: This second article about ethical decision making for actuaries focuses on practical issues confronting ethical decision makers and offers some possible solutions.

Description: Feature article describing a hypothetical workplace dilemma and asking readers for answers to the problem.

Description: A review of the book "The (Honest) Truth About Dishonesty" by Dan Ariely. The book is about lying, cheating, stealing, and shaving the truth -- something done by everybody, but the factors influencing this can be a bit surprising.

Description: The author discusses riding the globalization wave. To walk on water in the information flood and the foreseeable globalization wave, we need the highest business ethical standards, the wisdom to make informed decisions, and the willingness to have an open-mind with patience to accept and handle differences. All of these can be summarized in these qualities: responsible, caring and respectful.

Description: A look at business fraud as depicted by Dickens, from the novels Martin Chuzzlewit and Little Dorrit, and comments on its continuing relevance to business ethics today.

Description: The author presents a case study that sets out a hypothetical workplace dilemma involving professional conduct and an actuarial report, and invites reader responses. From ‘The Stepping Stone’ issue number 43.