Professionalism Webinar: Improving Your Practice Through Peer Review

December 12, 2012
2:00-3:30 p.m. EST

The visibility of the actuarial profession is increasing. Ongoing debates on pension and health care reform have focused more attention on actuaries and their work. The profession is faced with a rapidly changing economic environment, increasing regulatory complexities, and more inquiries about various aspects of actuaries’ work. The profession established professional standards of conduct, qualification and practice many years ago to enhance the quality of the professional services being provided by its members to their principals and publics. Peer review is one of the techniques that can be used to enhance actuaries’ collective and individual professionalism.  It is one of a number of processes actuaries might use to improve the quality of their Actuarial Services and Actuarial Communications.

The Council on Professionalism presented on peer review and the common practices actuaries can use in determining whether voluntary peer review of their Actuarial Services and Actuarial Communications may be beneficial. Attendees learned:

• Description and examples of peer review
• When to use it
• How to identify suitable peer reviewers
• The importance of peer review
• The benefits of peer review to you
• Considerations in establishing a peer review program

This webinar was presented by the Academy’s Council on Professionalism and co-sponsored by the ASPPA (ACOPA), CAS, CCA, and SOA.

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 30 days of attending the live event.

PRESENTERS

• Godfrey Perrott, MAAA, FSA; Member, Academy Board of Directors and Council on Professionalism
• Robert Rietz, MAAA, FSA, FCA, MSPA, EA; Vice-Chairperson, ABCD
• Moderator: Sheila J. Kalkunte, Academy Assistant General Counsel

*The opinions expressed by the panelists during this presentation do not represent the opinions of any of the boards or committees of the Academy, or the Actuarial Board for Counseling and Discipline.

CONTINUING EDUCATION
The American Academy of Actuaries believes in good faith that your attendance at this live professionalism webinar, “Improving Your Practice Through Peer Review,” constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States. Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.

JBEA CPE Credit
The Joint Board for the Enrollment of Actuaries (JBEA) has approved the Academy as a qualifying sponsor of continuing professional education (CPE) programs for enrolled actuaries.
 
If you are an enrolled actuary, the Academy believes in good faith that you may earn 1.8 CPE core professionalism (not ethics) credits under the JBEA rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core and non-core continuing education and the number of CPE credit hours allocated to same for enrolled actuaries. During the live webinar ONLY, instructions will be given to attendees on the process for obtaining certificates of attendance.
 
To constitute formal CE under the JBEA regulations, there must be three (3) or more people involved in substantive pension services physically present at your webinar location, according to the JBEA regulations.