Professionalism News and Events

In “Professionalism: Our Ongoing Conversation With the Public,” Academy President Steve Alpert writes about professionalism’s broader context regarding how actuaries’ daily work benefits the public, drawing on more than two centuries of the profession’s dialog with the public. (Contingencies, July/August 2018) (July 01, 2018)
In “Self-Regulation of the U.S. Actuarial Profession: A Model for the World,” Academy Past President Cecil Bykerk writes about his recent experience at the International Congress of Actuaries in Berlin. (Actuarial Update, June 2018) (June 29, 2018)
More than 2,000 people attended the Academy’s June 18 professionalism webinar, “The Code of Professional Conduct—Learning From the Mistakes of Others,” which walked attendees through mistakes that have landed actuaries on the wrong side of the Code, and offered insight on the Code’s key precepts. (Actuarial Update, June 2018) (June 29, 2018)
In “An SAO by Any Other Name,” Committee on Qualifications Chairperson Andrea Sweeny spells out why any actuary who is subject to the Code of Professional Conduct should clearly understand what a statement of actuarial opinion is. (Actuarial Update, May 2018) (May 31, 2018)
Academy President Steve Alpert presented a session titled “Why Professionalism?” to about 100 attendees at the Actuaries Club of Philadelphia’s meeting on May 15, and Actuarial Board for Counseling and Discipline member David Driscoll delivered a professionalism presentation at the May 22 meeting of the Actuaries’ Club of Hartford & Springfield, in Hartford, Conn. (Actuarial Update, May 2018) (May 31, 2018)
Wondering about the differences between the continuing education requirements of the U.S. Qualification Standards (USQS) and the continuing professional development requirements of other actuarial organizations? It is important for actuaries to understand the difference, and the Academy has created useful tools to help actuaries document their compliance with the USQS. (Actuarial Update, April 2018) (April 30, 2018)
The Academy’s president, Steve Alpert, and immediate past president, Bob Beuerlein, led April’s professionalism outreach efforts, sharing their insight with hundreds of actuarial science students about professionalism and the profession. (Actuarial Update, April 2018) (April 30, 2018)
The Academy’s professionalism webinars—typically four per year—offer expertise on a range of professionalism topics across all practice areas, and insight from members of the Committee on Qualifications, Actuarial Standards Board, Actuarial Board for Counseling and Discipline, and other distinguished speakers from Academy boards and committees. (Actuarial Update, March 2018) (March 31, 2018)
More than 2,200 people attended the Academy’s March professionalism webinar, “A Guided Tour of the U.S. Qualification Standards,” which took an in-depth look at issues and commonly raised questions received by the Committee on Qualifications. COQ members Tom Campbell, Keith Passwater, and Hal Tepfer engaged in a lively discussion of the experience requirement, what counts as a statement of actuarial opinion, the “look in the mirror” test, and more. (Actuarial Update, March 2018) (March 31, 2018)
In “Disclosure: The Cornerstone of the ASOPs’ Strength,” Actuarial Standards Board (ASB) Chairperson Beth Fitzgerald outlines the ASB’s process in developing actuarial standards of practice (ASOPs) and the ASB’s role in what disclosures actuaries will need to make to comply with an ASOP, and specifically notes the importance of ASOP No. 41, Actuarial Communications. (Actuarial Update, February 2018) (February 28, 2018)