Promoting Ethical Decision-making: Rules, the Human Brain, and Cognitive Biases
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PROFESSIONALISM WEBINAR
Promoting Ethical Decision-making: Rules, the Human Brain, and Cognitive Biases
April 18, 2019 | 12-1:30 p.m. EDT | CE available
- REGISTRATION FEE: $50
- Eligible Academy volunteers and government regulators are invited to attend free of charge. If you are an Academy volunteer, you are eligible if you are a member of an Academy committee (including boards, committees, subcommittees, work groups, task forces, etc.) and also are qualified for either a partial or total dues waiver during 2019. Please contact Doreen Hoyle at hoyle@actuary.org to register.
“Promoting Ethical Decision-making: Rules, the Human Brain, and Cognitive Biases” was the Academy’s first professionalism webinar of 2019. This webinar featured an engaging discussion with a professor of business law and ethics who focused on the fundamentals of behavioral decision-making. She discussed what the latest research on ethics and compliance can tell actuaries about the common pitfalls of bias and self-interest and how to avoid them in fulfilling your professional responsibilities as an actuary. This is a very different approach to thinking about ethical decision-making.
Actuaries have a Code of Professional Conduct, qualification standards, and actuarial standards of practice to help them make ethical decisions and professional judgments in their day-to-day work. While in many situations the right call is clear, in other situations judgments can become complicated or blurry very quickly. Experts in actuarial professionalism explored how unconscious biases can affect practicing actuaries.
We believe in good faith that attendees had the opportunity to earn up to 1.8 continuing education (CE) credits and 1.8 core ethics continuing professional education credits under Joint Board for the Enrollment of Actuaries rules (click here for more information).
PRESENTERS
- Anita Cava, JD
Professor, Business Law Department, and UM Ethics Programs Co-Director, University of Miami Business School - Ken Kent, MAAA, FSA, FCA, EA
Member, Council on Professionalism - Lisa Slotznick, MAAA, FCAS
Vice President, Casualty - Brian Jackson, JD
General Counsel and Director of Professionalism, American Academy of Actuaries
*The opinions expressed by the panelists during this presentation do not necessarily represent the opinions of any of the panelists’ employers or any boards or committees of the Academy.
CONTINUING EDUCATION AND JBEA CPE CREDIT
The American Academy of Actuaries believes in good faith that attendance at this live professionalism webinar constituted an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, and that attendees may have earned up to 1.8 CE credits for attending this live webinar.
We also believe in good faith that Enrolled Actuaries may have earned 1.8 continuing professional education (CPE) core ethics credits under the Joint Board for the Enrollment of Actuaries (JBEA) rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core, non-core, ethics, or non-ethics continuing education and the number of CPE credit hours allocated to same for enrolled actuaries.
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 CPE Certificate of Attendance you must attend the live event, follow the instructions provided during the live event, and request your certificate by completing the online form within 30 days of attending the live event.
To constitute formal CPE under the JBEA regulations, there must be three (3) or more people involved in substantive pension services physically present at your webinar location.