In this Statement of Position, NAAC commits to support the continual improvement of actuarial practice, assess and identify where practice standards and guidance should be advanced, and communicating with the profession and the public on the advantages of advances in practice standards and other guidance.
This statement was approved at the July 2007 NAAC meeting.
NAAC: Statement of Position on Practice Standards and Other Guidance (July, 2007)
In recognition of:
-
the actuarial profession’s commitment to identify, protect, and advance the public interest in the work of our profession,
-
the importance of practice standards and other guidance to both our profession and the public, and
-
the demands of a dynamic world on a dynamic profession,
the undersigned leaders of the actuarial professional associations comprising NAAC recognize that our profession must continually advance. Accordingly, in concert with the ever-evolving actuarial needs of the public, we are committed to:
-
support the continual improvement of actuarial practice,
-
assess and proactively identify where practice standards and other guidance should be advanced, and
-
communicate to the profession and the public how advances in practice standards and other guidance are in the public interest.
NAAC (the North American Actuarial Council) is comprised of the presidents and presidents-elect of the various North American actuarial professional associations.
William F. Bluhm
Christopher S. Carlson
Normand Gendron
Mike Hale
Kenneth Hohman
Steven G. Lehmann
José Luis Lobera
James Murta
Thomas Myers
Edward Robbins
Jesús Zúñiga San Martín
Olivia Sánchez
Bruce D. Schobel
Christine Stroud
Thomas S. Terry
Sal Tripodi
