The Roles of the Actuary in the Selection & Application of Actuarial Models
The Committee on Professional Responsibility (COPR) has released an updated discussion paper, The Roles of the Actuary in the Selection & Application of Actuarial Models. In preparing this discussion paper, the COPR recognized that there is likely a wide range of experience and opinion within the profession concerning the nature of actuarial models and the various roles actuaries play in selecting and applying them. The COPR believes that actuaries working in all types and areas of professional practice can benefit from reading and considering the concepts and suggestions contained in the paper.
Members are encouraged to share their comments on the paper with the COPR to facilitate improvements in any future releases on this topic. Comments can be submitted to professionalism@actuary.org.