Professionalism Webinar on Actuarial Communications Draws More Than 2,000 Attendees

December 21, 2016
More than 2,000 people attended the Academy’s Dec. 21 professionalism webinar that focused on a topic of perennial interest: actuarial communications, particularly documentation and disclosures.

Actuarial Board for Counseling and Discipline (ABCD) Chairperson Richard Block and ABCD member Janet Carstens gave an overview of both the ABCD and Actuarial Standard of Practice (ASOP) No. 41, Actuarial Communications. Their presentation centered on responsibility for assumptions and methods, including what the actuary will typically disclose when an assumption is set by a third party or the law. They also reviewed other disclosures required by ASOP No. 41, such as conflicts of interest, reliance on sources of information, and uncertainties or risk. 

Slides and audio are available to members without charge on the Academy’s webinar page.