Registration Open for Annual Meeting and Public Policy Forum
Registration opened this week for the Academy’s 2018 Annual Meeting and Public Policy Forum, to be held Nov. 1–2 in Washington, D.C., just prior to the 2018 mid-term elections.
If you are an actuary interested in learning more about the public policy aspects and implications of our profession’s work, make plans to join us for the one event that consistently delivers in-depth presentations from recognized experts on the top public policy and professionalism issues relevant to you, your work, and our profession. And, as usual, we will have some unusual and fun entertainment at our festive dinner between the two days of meetings.
Join us in November—register today to take advantage of our deeply discounted extra-early rate.
Academy Wraps Up NAIC Meeting Presentations
The Academy wrapped up its presentations at the NAIC Spring 2018 National Meeting in Milwaukee last weekend, including presentations at the Academy’s regulator-only professionalism breakfast on Saturday, March 24. Past Academy President Mary D. Miller spoke the same day at the NAIC’s Casualty Actuarial and Statistical Task Force meeting on the NAIC’s Job Analysis and Standards and Assessment Project regarding P/C Appointed Actuaries.
Among other Academy activities, Shari Westerfield, the Academy’s vice president, health, gave an update to NAIC’s Health Actuarial Task Force on the Academy’s recent public policy work at the federal, state, and international levels; and Craig Hanna, director of public policy, presented to the NAIC’s Climate Change and Global Warming (C) Working Group on the Actuaries Climate Index and the Actuaries Climate Risk Index.
Post-NAIC Alert and Life Webinar: The full scope of the Academy’s activities at the meeting will be included in the post-NAIC alert, to be released next week, and in the March Actuarial Update, released on Friday. Also, the Academy will host a webinar highlighting key life issues from the meeting in April. Registration will open soon.
Casualty Practice Council to Host P/C Public Policy Webinar
The Casualty Practice Council will host a webinar, “P/C Public Policy Update—Spring 2018,” on Friday, April 27, from noon to 1 p.m. EDT. The webinar will review the effect of the 2017 tax law on P/C insurers, look at recent legislative and regulatory activity in the states, provide an update on proposed changes in requirements for qualified and appointed actuaries, review the status of the National Flood Insurance Program, and provide an update on pending changes to risk-based capital (RBC) bond factors. Presenters will be Rade Musulin, Academy vice president, casualty; Lauren Cavanaugh, chairperson of the P/C RBC Committee; Academy Senior P/C Fellow Kevin Ryan; and Lynne Bloom, an insurance tax policy expert at PwC.
Capitol Hill Briefing on Lifetime Income Set for April 13
The Lifetime Income Risk Joint Task Force will hold a briefing on Capitol Hill in Washington on Friday, April 13, from noon to 1 p.m. EDT. The briefing, “Making Retirement Income Last a Lifetime: Public Policy Options and Practical Tools,” will spotlight lifetime income issues, unveil a quiz to help consumers better understand their lifetime income needs, and provide an update on education and public policy efforts to address these needs. It will also highlight the Academy’s public interest position statement on lifetime income, which was released late last year. A media roundtable focused on lifetime income issues will follow the briefing.
Public Employment Opportunities
The Teacher Retirement System of Texas has a job opening for a health care actuary. The position involves coordinating with system’s contract actuary, researching health care data and performing actuarial analysis, analyzing and reporting on financial information, and program administration activities. Full information is available here.
The Pension Benefit Guaranty Corporation (PBGC) has a public employment opportunity for director of its policy, research, and analysis department (PRAD). PBGC position information is available via USAJOBS by clicking here (current U.S. government employees), or here (non-governmental employees).
The March Actuarial Update covers the Health Practice Council’s Capitol Hill visits and briefings in early March; Academy activity at the NAIC Spring 2018 National Meeting; Contingencies’ new website; a call for nominations for Academy regular directors; and the “Professionalism Counts” column on the Academy’s professionalism webinars as a resource.
The latest Enrolled Actuaries Report features background on the Academy’s upcoming paper on the seven principles of pension funding. Also included: a preview of next month’s Enrolled Actuaries Meeting; Pension Practice Council meetings with a variety of congressional and federal agency offices; and the 2018 IRS and Social Security tables.
Public Policy Activities
Donna Claire, a member of the PBA Governance Work Group,gave an update on Academy resources relating to principle-based reserving to the Life Actuarial Task Force at the NAIC Spring 2018 National Meeting.
Wayne Stuenkel, chairperson of the RBC Tax Reform Work Group, presented an update on the effects of tax reform to the NAIC’s Life Risk-Based Capital Working Group.
Note: Some links in this email go to external websites and may require registration. The Academy is not responsible for the content of these websites. Links may expire.
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