Professionalism Outreach at NAIC

Academy professionalism representatives provided updates at each of the actuarial task force meetings this week at the NAIC to brief regulators on Actuarial Standards Board (ASB), Actuarial Board for Counseling and Discipline (ABCD), and qualification issues. They also provided an opportunity for candid conversations with regulators at a breakfast meeting on Thursday. Immediate Past President Mary D. Miller, ASB Chairperson Tricia Matson, ABCD member John Purple, and Committee on Qualifications member Tom Campbell presented. Miller highlighted the progress on the Academy’s development of an attestation form, which regulators have supported and provided feedback on, that will allow actuaries submitting statements of actuarial opinion to document their qualifications under the U.S. Qualification Standards. The Academy expects a working version of the form to be available by the end of the year.