In the April “Professionalism Counts” column, Keith Passwater, chairperson of the Academy’s Committee on Qualifications, outlines the “look in the mirror” test in determining professional qualification to accept and complete an actuarial assignment. (April 30, 2016)
In the May “Professionalism Counts” column, Academy President Tom Wildsmith looks at the personal responsibilities actuaries bear, and how each individual’s commitment to ethical behavior provides the foundation for the public’s trust in the entire profession. (May 31, 2016)
The June “Professionalism Counts” column examines the trove of professionalism webinars that date back to 2007. These webinars have provided an easy way for Academy members to earn professionalism continuing education (CE) credits free of charge. They remain relevant and of perennial interest in many areas of practice. (June 30, 2016)
In the July “Professionalism Counts” column, Maryellen Coggins, chairperson of the Actuarial Standards Board, explores the establishment of Actuarial Standard of Practice (ASOP) No. 1, which documents the principle-based approach to all the ASOPs. (July 31, 2016)
In the August “Professionalism Counts” column, Maryellen Coggins, chairperson of the Actuarial Standards Board (ASB), outlines how an individual’s professional judgment coordinates with the actuarial standards of practice promulgated by the ASB. (August 31, 2016)
The Pension Committee submitted comments to U.S. Senate Special Committee on Aging Chairman Susan Collins on efforts to encourage open multiple employer plans. (September 01, 2016)
The August issue of Actuarial Update includes the Academy’s presentations at the NAIC Summer Meeting in San Diego; a new long-term care credibility monograph and proposed cancer claim cost valuation tables; a “Professionalism Counts” column on ASOP No. 1 and professionalism; and the continuing education credit opportunities in the Academy’s Annual Meeting and Public Policy Forum. (August 31, 2016)
Art Panighetti, a member of the Longevity Risk Task Force, presented an update to LATF on the task force’s work, including creating a working definition of “longevity risk,” analyzing U.S. mortality tables and reviewing regulatory and company approaches to longevity risk. (August 24, 2016)
John Miller, chairperson of the Annuity Reserves Work Group, provided a non-variable annuity PBR update to LATF’s VM-22 Subgroup. (August 24, 2016)
Mary Bahna-Nolan, chairperson of the Life Experience Committee, presented an update on guaranteed issue and preneed mortality table to the Life Actuarial Task Force. (August 24, 2016)