The 2011 Record, A Year in Review, is available online. It includes a summary of the work of more than 1,200 volunteers and documents how the Academy works to fulfill its mission to serve the public and the actuarial profession.
The November HealthCheckis available online. Read about the Supreme Court’s announcement that it will hear arguments related to the Affordable Care Act and the House Energy and Commerce Subcommittee’s vote to repeal the Community Living Assistance Services and Supports Act.
Membership dues notices have been emailed. Dues remain at the same level as 2011. “Your membership supports the valuable work of the Academy,” Academy President Dave Sandberg wrote in his <a href="http://dev.actuary.org/content/president-dave-sandbergs-message-instructions-pay-membership-dues">message</a> to members this week. Members can pay using the individual member link included in the dues notice email or by <a href="http://dev.actuary.org/content/member-login" title="http://www.actuary.org/members/">logging in</a> to the members-only section of the Academy website. Membership dues are due by Jan. 1, 2012.<br />
Membership dues notices have been emailed. Dues remain at the same level as 2011.
Professionalism webinar: Keeping Up Internationally—The IAA, Model International Standards, and the U.S. Actuary
December 15, 2011
12:00-1:30 p.m. Eastern
What influence does the International Actuarial Association (IAA) have on you as a U.S.-based actuary? More than you think. The Academy’s Council on Professionalism presented a webinar about the IAA’s role and how its activities may affect you.
The IAA—a worldwide association of professional actuarial associations—has many committees, with members from around the globe, that address actuarial issues similar to those of concern and interest to U.S. actuaries. As the global economy affects our own economy and progress, actuaries—regardless of where they live—need to keep up with current international events and stay informed about proposed changes that may affect how they approach their U.S. practice.
In this webinar, attendees learned about:
IAA’s structure and its role in the U.S. profession
Activities of the IAA Professionalism Committee that affect your actuarial life—from both a company and/or consulting viewpoint
Activities in the development of “international standards” and how you can influence its development
This webinar was presented by the Academy's Council on Professionalism and co-sponsored by the SOA, CAS, CCA and ASPPA.
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.
WEBINAR RESOURCES
PRESENTERS*
Curtis Huntington, MAAA, FCA, FSA, MSPA
Professor of Mathematics, University of Michigan
Chairperson, Actuarial Board for Counseling and Discipline (ABCD)
IAA Council Delegate on behalf of ASPPA
Member of the Academy’s Council on Professionalism, Joint Committee on IAA Coordination, and Joint Committee on the Code of Professional Conduct
Member of the IAA’s Accreditation Committee, Actuarial Educators Committee, Education Committee, Executive Committee, Nominations Committee, Pensions and Employee Benefits Committee, Professionalism Committee of the IAA, and Syllabus Review Committee of the IAA
Godfrey Perrott, MAAA, FSA
Chairperson, General Task Force of the Interim Actuarial Standards Subcommittee and the Standard Setters Roundtable
Member of the Academy’s Council on Professionalism
Member of the IAA’s Environment Committee, Insurance Regulation Committee, Interim Actuarial Standards Subcommittee of the IAA, and Role of the Actuary Committee
Moderator: Sheila J. Kalkunte
Academy Assistant General Counsel
CE CREDIT
The American Academy of Actuaries believes in good faith that your attendance at this live webinar, “Keeping Up Internationally—The IAA, Model International Standards, and the U.S. Actuary,” 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: Please note that given the subject matter, the Academy in good faith believes this event would NOT satisfy the continuing education requirements for the Joint Board for the Enrollment of Actuaries. Please click here for more information.
* 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 any other actuarial organization.
New Policy: All Academy Committee Members Required to Comply with CE Requirements
The Academy Board of Directors adopted at its October 28, 2011, meeting a recommendation from the Council on Professionalism that all Academy members who are members of any Academy board, committee, subcommittee, work group, task force, etc. ("committee") annually must comply and attest to their compliance with the continuing education (CE) requirements of the U.S. Qualification Standards to serve as members of such committee. Please see link for more information. Click here to learn more.
The Academy Medicare Steering Committee's letter to the Joint Select Committee on Deficit Reduction was cited and briefly discussed. The actuaries urged the committee to address Medicare’s solvency and sustainability by developing proposals to slow health care spending growth.