34. How does committee work, such as exam committee work, count toward continuing education (CE) requirements? Is any of it considered “organized”?
Question
34. How does committee work, such as exam committee work, count toward continuing education (CE) requirements? Is any of it considered “organized”?
Although most actuarial volunteer committees and activities involve a component of time that is administrative in nature, many contain elements of CE as well. Actuaries may count the portion of their committee work that is “directly relevant to the area of practice of the subject of the Statement of Actuarial Opinion” as CE (Section 2.2.7). An actuary should not count administrative time as CE. If a particular meeting or phone call is partially CE and partially administrative, the actuary should make a good-faith effort to determine the portion of the time that is CE.
The portion of committee work that is CE can be further divided into organized and other activities. CE that affords the actuary the opportunity to interact with actuaries from other organizations may be considered organized. The portion that does not afford the opportunity to interact in this way is considered other activities.
An individual on an exam committee should first make a good-faith attempt to assess the applicability and relevance of the committee work to the subject of the Statement of Actuarial Opinion to determine whether it qualifies as CE. Section 2.2.7 specifically states that drafting relevant exam questions could be considered “other activities.” The actuary might further conclude that attending a Question Writer’s Seminar was relevant “organized activity,” but that time spent grading exam responses, or serving on a Pass Mark Panel, was administrative and therefore not CE.
Last updated December 2014
The portion of committee work that is CE can be further divided into organized and other activities. CE that affords the actuary the opportunity to interact with actuaries from other organizations may be considered organized. The portion that does not afford the opportunity to interact in this way is considered other activities.
An individual on an exam committee should first make a good-faith attempt to assess the applicability and relevance of the committee work to the subject of the Statement of Actuarial Opinion to determine whether it qualifies as CE. Section 2.2.7 specifically states that drafting relevant exam questions could be considered “other activities.” The actuary might further conclude that attending a Question Writer’s Seminar was relevant “organized activity,” but that time spent grading exam responses, or serving on a Pass Mark Panel, was administrative and therefore not CE.
Last updated December 2014
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