A valuable benefit of Academy membership is free and unlimited access to the Council on Professionalism’s entire—and growing—library of professionalism webinars, which date back to September 2007. Academy members can earn continuing education (CE) credits by listening to these pre-recorded webinars. These credits can be counted toward the annual required three hours of continuing education on professionalism topics, as detailed in the U.S. Qualification Standards (Section 2.2). Professionalism credits under the U.S. Qualification Standards are not required to be from “organized activities”; so while listening to recorded webinars will not count as an organized activity it still will satisfy the professionalism requirement.
NOTE ON JBEA CE CERTIFICATE OF ATTENDANCE: You will not be able to receive a certificate of attendance for listening to any recorded webinars. In order to receive a JBEA CE Certificate of Attendance you must attend the live event, follow the instructions provided during the live event, and you must request your certificate by completing the online form within two days of attending the live event.
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The Code of Professional Conduct: Succeeding at Self-Regulation
Actuaries with extensive experience in the realm of actuarial professionalism discussed responsibilities under the Code, with a special emphasis on obligations to act as representatives of the profession when there is knowledge of an apparent, unresolved, material violation of the Code by another actuary.
(September 14, 2023)ASOP Essentials: Communications, Modeling, Data Quality, and More
While most of the actuarial standards of practice (ASOPs) are specific to certain areas of actuarial practice, several ASOPs apply not only to all practice areas, but to all (or nearly all) actuarial assignments. This webinar will explore vital points from ASOP No. 41, Actuarial Communications; ASOP No. 56, Modeling, and ASOP No. 23, Data Quality. In addition, the presenters will dive into ASOP No. 1, Introductory Actuarial Standard of Practice, which covers how ASOPs are meant to be used and how to interpret terms used across the ASOPs.
(June 22, 2023)Frequently Asked Questions on the U.S. Qualification Standards
Members of the Committee on Qualifications discussed the 2022 Qualification Standards for Actuaries Issuing Statements of Actuarial Opinions in the United States (U.S. Qualification Standards).
(May 19, 2023)Tales From the Dark Side 2022
This latest iteration of our popular “Tales from the Dark Side” webinar explores examples of ethical problems based on cases and requests for guidance that have been brought before the Actuarial Board for Counseling and Discipline (ABCD).
(December 16, 2022)ASOP NO. 41, Actuarial Communications: Your Feedback Matters
During this webinar, presenters discussed the basic guidance in the ASOP as well as proposed changes.
(September 30, 2022)ASOP Nos. 20 & 36: Proposed Changes
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Actuaries who led the drafting effort discussed why the standards are being revised and the proposed changes, many of which are significant.
The Revised ASOP No. 22: What You Need to Know
Actuaries involved in the revision discussed changes to the ASOP, including new guidance on trends in assumptions, assumption margins, discount rates, sensitivity testing, reinsurance ceded, the use of cash flows from other financial calculations, separate account assets, and changes in methods, models, or assumptions.
(July 28, 2022)The Revised ASOP No. 28: What You Need to Know
The revised ASOP No. 28, Statements of Actuarial Opinion Regarding Health Insurance Assets and Liabilities, takes effect July 1, 2022. Speakers, who were involved in the revision, discussed changes that practitioners should be aware of.
(June 30, 2022)What Is Unfair Discrimination in Insurance?
The standard rating law holds that insurance rates shall not be “excessive, inadequate, or unfairly discriminatory.” But what exactly does “unfairly discriminatory” mean? Our presenters—award-winning teacher and scholar Daniel Schwarcz, former Illinois Director of Insurance Nat Shapo, and Brian Mullen, chairperson of the task force currently revising ASOP No. 12, Risk Classification (for All Practice Areas)—discussed the current regulatory infrastructure relating to unfair and unlawful discrimination in insurance and the challenges presented by the increased use of “big data” and AI-enabled systems.
(May 26, 2022)The Revised ASOP No. 11: Understanding Important Changes
The revised ASOP No. 11, Treatment of Reinsurance or Similar Risk Transfer Programs Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports, takes effect Dec. 1, 2022. The presenters, who participated in the revision, discussed why the standard was revised and highlighted changes practitioners need to be aware of, including the expanded scope and new and expanded guidance on financial reporting aspects of nonguaranteed reinsurance elements, retained risks, modeling, counterparty risk, and health benefit plans.
(May 12, 2022)
