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American Academy of Actuaries

American Academy of Actuaries The American Academy of Actuaries is a 19,500-member professional association whose mission is to se

03/24/2023

Read the latest issue of This Week—Academy Presents at NAIC Spring Meeting; ASB Annual Report; Academy Kicks Off Climate Webinar Series With NSF, NOAA. http://bit.ly/3JLeU95

Between 2020 and 2021 there was a significant increase in ransomware attacks and the costs associated with these attacks...
03/24/2023

Between 2020 and 2021 there was a significant increase in ransomware attacks and the costs associated with these attacks. Read more in our Cyber Risk Toolkit: https://bit.ly/3HYR3Ss

“One way we serve the public is by providing easy-to-use, interactive tools that help illustrate ways to look at issues ...
03/23/2023

“One way we serve the public is by providing easy-to-use, interactive tools that help illustrate ways to look at issues based on an actuarial perspective.” Read the latest President’s Message from Academy President Ken Kent in the March/April issue of Contingencies. http://bit.ly/41yoYKZ

To all those who celebrate, the Academy wishes you a happy Ramadan!
03/23/2023

To all those who celebrate, the Academy wishes you a happy Ramadan!

Annette James is chair of both the Diversity, Equity and Inclusion Committee and the Health Equity Council. As a previou...
03/23/2023

Annette James is chair of both the Diversity, Equity and Inclusion Committee and the Health Equity Council. As a previous guest on , she discusses addressing health disparities: https://spoti.fi/3ERtU3O

Concerns about potential unintended bias in insurance practices have escalated in recent years, especially for property ...
03/22/2023

Concerns about potential unintended bias in insurance practices have escalated in recent years, especially for property and casualty lines, and there is increasing activity in legislation and regulation in this area. Read the Academy’s issue brief addressing this issue. https://bit.ly/3L0dTw8

Listen to the latest Actuary Voices episode featuring Linda Lankowski, Chairperson of the PBR Implementation Work Group....
03/22/2023

Listen to the latest Actuary Voices episode featuring Linda Lankowski, Chairperson of the PBR Implementation Work Group. Linda discusses what the upcoming PBR Bootcamp webinar series has in store. Listen here: https://spoti.fi/3mb8AQa

President-Elect Lisa Slotznick has long volunteered at the Academy, previously serving as chair of the Committee on Prop...
03/21/2023

President-Elect Lisa Slotznick has long volunteered at the Academy, previously serving as chair of the Committee on Property Liability Financial Reporting and on committees, including the Casualty Practice Council and ASB’s subcommittee on ASOP 21: https://spoti.fi/3KUBKxk

03/21/2023

The Academy has a new Social Security Challenge. Take the Challenge to learn about common Social Security myths, different ways the system could be reformed and how changes might affect young workers, retirees and the overall system. http://bit.ly/3JxHfj9

Barb Klever, chairperson of the Health Practice Council, is giving an update on the Council’s work at the upcoming Natio...
03/20/2023

Barb Klever, chairperson of the Health Practice Council, is giving an update on the Council’s work at the upcoming National Association of Insurance Commissioners meeting! Find out more about the Health Practice Council’s latest work: https://bit.ly/3y2uCay

CNN spoke to Senior Pension Fellow Linda Stone and cited Academy research for Sunday’s explainer article on the signific...
03/20/2023
Here's why retirement age matters for Social Security and Medicare | CNN Politics

CNN spoke to Senior Pension Fellow Linda Stone and cited Academy research for Sunday’s explainer article on the significance of the retirement/eligibility age in , policymaking. Read more: http://bit.ly/3Tqvqjz

62, 65, 67, 70. All these ages are important when it comes to Social Security and Medicare. And these ages are also targets in the contentious debate over how to shore up the shaky finances of the massive entitlement programs.

The Actuarial Board for Counseling and Discipline released its 2022 Annual Report detailing its regular activities and o...
03/20/2023

The Actuarial Board for Counseling and Discipline released its 2022 Annual Report detailing its regular activities and outreach initiatives conducted throughout the year. Read the report here: https://bit.ly/3FtTJY0

The Academy’s Ben Slutsker is giving a Life Practice Council update at the upcoming National Association of Insurance Co...
03/20/2023

The Academy’s Ben Slutsker is giving a Life Practice Council update at the upcoming National Association of Insurance Commissioners meeting! Find out more about the Life Practice Council’s latest work: https://bit.ly/3SJ8jQO

03/17/2023

Read the latest issue of This Week—Academy Releases Social Security Challenge; Climate Webinar Series With NSF, NOAA Begins Monday. http://bit.ly/3yNcx0w

Submissions are now open for the first annual “Academy Award for Research.” The award will recognize an early-career sch...
03/17/2023

Submissions are now open for the first annual “Academy Award for Research.” The award will recognize an early-career scholar contributing to public policy issues from an actuarial perspective. More: https://bit.ly/3y1ojnP

The Academy released an issue brief that provides a survey of methods aimed at helping to identify and/or mitigate bias ...
03/16/2023

The Academy released an issue brief that provides a survey of methods aimed at helping to identify and/or mitigate bias in rating for property and casualty lines. Read it here: https://bit.ly/3L0dTw8

The February Professionalism Counts column focuses on self-regulation and the USQS requirements regarding relevant Conti...
03/16/2023

The February Professionalism Counts column focuses on self-regulation and the USQS requirements regarding relevant Continuing Education credits. More: https://bit.ly/3Fd52Uv

Read the Winter/Spring Life Perspectives—Life PBR Webinar Series Kicks Off; Committees Release White Papers, Discussion ...
03/15/2023

Read the Winter/Spring Life Perspectives—Life PBR Webinar Series Kicks Off; Committees Release White Papers, Discussion Briefs; LPC Volunteers Present to NAIC, LATF at National Meeting. http://bit.ly/3le897L

Throughout , we are highlighting the work accomplished by our members. Linda K. Stone has been a Senior Pension Fellow a...
03/15/2023

Throughout , we are highlighting the work accomplished by our members. Linda K. Stone has been a Senior Pension Fellow at the Academy since 2019. Her recent work includes co-authoring an Issue Brief on Social Security reform and speaking on national TV about the future of Social Security. More: https://spoti.fi/3EQVXAa

Introducing the NEW Social Security Challenge. Use this interactive app to learn about common Social Security myths, exp...
03/15/2023

Introducing the NEW Social Security Challenge. Use this interactive app to learn about common Social Security myths, explore options for reform and see how potential changes will impact everyone from young workers to retirees. http://bit.ly/3ZGpSDL

Happy Pi Day! For all the math enthusiasts, celebrate with us by reading the Contingencies feature “An Actuary Takes on ...
03/14/2023
An Actuary Takes on Wordle – Contingencies Magazine

Happy Pi Day! For all the math enthusiasts, celebrate with us by reading the Contingencies feature “An Actuary Takes on Wordle” and find out about the mathematic strategies behind the popular word game:

Click here to view the image...

Last chance to register for tomorrow’s webinar, “PBR Bootcamp: Governance and Reporting.” USQS CE will be available. Cli...
03/14/2023

Last chance to register for tomorrow’s webinar, “PBR Bootcamp: Governance and Reporting.” USQS CE will be available. Click here to learn more: http://bit.ly/3SupAx1

Today is the International Day of Mathematics! Love for math often starts at a young age, which is why the book “The Mag...
03/14/2023

Today is the International Day of Mathematics! Love for math often starts at a young age, which is why the book “The Magic School Bus Takes a Risk: A Book about Probability” is designed as a fun way for kids to learn about probability. Order today: https://bit.ly/3Zsmf4p

The Academy’s newly updated discussion paper, “The Roles of the Actuary in the Selection & Application of Actuarial Mode...
03/13/2023

The Academy’s newly updated discussion paper, “The Roles of the Actuary in the Selection & Application of Actuarial Models,” assists actuaries in choosing the right model for the task at hand. Read it in the March/April issue of Contingencies. http://bit.ly/3ZRv5Zh

Don’t forget to register for tomorrow’s health webinar, “The Great Unwinding: What’s Next for the Medicaid Population?” ...
03/13/2023

Don’t forget to register for tomorrow’s health webinar, “The Great Unwinding: What’s Next for the Medicaid Population?” USQS CE will be available. https://bit.ly/3Y2qrWF

03/10/2023

Read the latest issue of This Week—ABCD Annual Report; Academy Presents on Health Equity at Summit, ESG Actuarial Perspectives at NCOIL Spring Meeting. http://bit.ly/3l8fXrB

Today at the National Council of Insurance Legislators’ spring meeting, Academy member and frequent Contingencies contri...
03/10/2023

Today at the National Council of Insurance Legislators’ spring meeting, Academy member and frequent Contingencies contributor Sam Gutterman is presenting at a general session on environmental, social, and governance (ESG).

Check out the feature story, “The Quest for Quantum,” from the March/April issue of Contingencies which covers the basic...
03/09/2023

Check out the feature story, “The Quest for Quantum,” from the March/April issue of Contingencies which covers the basics of quantum computing and how it could both benefit and challenge insurers. http://bit.ly/3Y9YxZb

Register for the Academy’s March 15 PBR Bootcamp webinar that will offer an introduction to VM-20 (life insurance) and V...
03/09/2023

Register for the Academy’s March 15 PBR Bootcamp webinar that will offer an introduction to VM-20 (life insurance) and VM-21 (variable annuities) and cover model governance, assumption governance, and NAIC report improvements. http://bit.ly/3SupAx1

Order your copy of the P/C Loss Reserve Law Manual, which contains useful information to help appointed actuaries comply...
03/08/2023

Order your copy of the P/C Loss Reserve Law Manual, which contains useful information to help appointed actuaries comply with the NAIC’s annual statement requirements for a statement of actuarial opinion. https://bit.ly/3Bndleq

Happy International Women’s Day! We celebrate all the women actuaries who contribute to the profession, actuarial resear...
03/08/2023

Happy International Women’s Day! We celebrate all the women actuaries who contribute to the profession, actuarial research and mentoring the next generation of actuaries.

ICYMI: “The Numbers” column in The Wall Street Journal spotlights longevity risk and includes illustrations from the Act...
03/07/2023
You Might Live Longer Than You Think. Your Finances Might Not.

ICYMI: “The Numbers” column in The Wall Street Journal spotlights longevity risk and includes illustrations from the Actuaries Longevity Illustrator, jointly sponsored by the Academy and the Society of Actuaries.

Financial planning tends to overlook longevity, a factor that can far exceed life expectancy.

The March/April issue of Contingencies includes a cover story on the Academy’s forthcoming Social Security Challenge. Re...
03/07/2023

The March/April issue of Contingencies includes a cover story on the Academy’s forthcoming Social Security Challenge. Read about it here: http://bit.ly/3YnryAM

Last year, the Academy expanded its focus on vital public policy issues pertaining to diversity, equity, and inclusion. ...
03/06/2023

Last year, the Academy expanded its focus on vital public policy issues pertaining to diversity, equity, and inclusion. Want to learn more about the initiatives the Academy pursued in 2022? Read the 2022 Record: https://bit.ly/3RWO6GT

Register for the Academy’s upcoming health webinar, “The Great Unwinding: What’s Next for the Medicaid Population?” Memb...
03/06/2023

Register for the Academy’s upcoming health webinar, “The Great Unwinding: What’s Next for the Medicaid Population?” Members will examine the impact on state Medicaid programs and other health insurance markets of millions of individuals losing their Medicaid coverage. https://bit.ly/3Y2qrWF

03/03/2023

Read the latest issue of This Week—Contingencies, Actuarial Update Released; P/C Issue Brief Addresses Bias; New 'Member Spotlight'. http://bit.ly/3mqmSwD

The Academy released a new discussion paper intended to raise awareness of the requirements of the U.S. Qualification St...
03/03/2023

The Academy released a new discussion paper intended to raise awareness of the requirements of the U.S. Qualification Standards about working in emerging areas and helping actuaries determine whether they are qualified to practice in a developing area. Read it here: https://bit.ly/3l6fdTf

The 2022 Record, the Academy’s annual report to membership and the public, is now available. Read about last year’s key ...
03/02/2023

The 2022 Record, the Academy’s annual report to membership and the public, is now available. Read about last year’s key initiatives here: https://bit.ly/3RWO6GT

The Academy’s popular PBR Bootcamp is now a webinar series. The series will kick off on March 15 with topics on governan...
03/02/2023

The Academy’s popular PBR Bootcamp is now a webinar series. The series will kick off on March 15 with topics on governance and reporting. Register today: http://bit.ly/3SupAx1

: Today is National Read Across America Day! Celebrate with us by reading the newest Contingencies features: https://bit...
03/02/2023

: Today is National Read Across America Day! Celebrate with us by reading the newest Contingencies features: https://bit.ly/3m8V2ET

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Read the May Actuarial Update—Lisa Slotznick Nominated to be Academy President-Elect; Service Award Nominations Open; CPC, RMFRC hold ‘Hill Visits’ with Federal Officials. https://bit.ly/3azngTB
Public service is a rewarding career path, and the Academy has long supported government employers that are seeking to hire qualified . If you need to hire an , find out how we can help here: https://bit.ly/3y5MfYt
Happy ! Today we honor and thank those who have served.
Read the latest issue of This Week—Professionalism Webinar Examines Unfair Discrimination in Insurance; DEIB Expert Presents to Academy Board. https://bit.ly/3NGMxJO
“As a first-generation immigrant, coming here with almost no friends and family more than 20 years ago, I feel my efforts have been greatly rewarded by the actuarial profession,” shares Zerong Yu in this month’s Member Spotlight. https://bit.ly/3kw8tKR
The custom-designed book, “The Magic School Bus Takes a Risk: A Book about Probability,” explores how actuaries help people understand and lessen risk for the community. Click here to purchase: http://bit.ly/2XFQjed
Check out the feature story, “Thoughts on Social Security,” from the May/June issue of Contingencies which examines the system as it exists today and its prospects for the future. https://bit.ly/3FHAM2V
The Academy released a Long-Term Care Life Insurance Combination Product Valuation practice note which covers morbidity assumptions, exclusion testing, reserve calculations, and more: https://bit.ly/3vqG4w0
ICYMI: Academy Life Vice President Ben Slutsker presented at the NAIC’s Life Actuarial Task Force Spring National Meeting. https://bit.ly/3Lwa931
DYK: The Actuarial Standards Board (ASB) sets standards for actuarial practice in the U.S, and the Actuarial Board for Counseling and Discipline (ABCD) holds actuaries to standards of ethical and professional conduct. Read their annual reports here: https://bit.ly/3vlt5uD
This , check out the latest Member Spotlight with health actuary Zerong Yu. She discusses her unique path to becoming an and the importance of mentorship. https://bit.ly/3kw8tKR
Read the feature “Explaining Professionalism to Principles” from the May/June issue of which discusses why professionalism is so important, not just for , but for all stakeholders involved in actuarial services. https://bit.ly/3szoO66
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