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No Issue Next Week Due to Actuarial Update
This Week will not be published next Friday, April 28, the last business day of the month. Look for the latest Academy news in the April Actuarial Update, which will be published that day and “This Week … In a Minute,” which will appear on YouTube and our social media channels as usual.
Health Practice Council Holds ‘Hill Visits’
HPC volunteers and Academy staff on Capitol Hill Monday
Health Practice Council (HPC) volunteers and Academy staff held their annual “Hill Visits”-meetings with lawmakers and policymakers on Capitol Hill and at federal agencies in the nation’s capital. As the public policy voice for the U.S. actuarial profession, the Academy undertakes these Hill Visits to develop relationships with and serve as a resource for public stakeholders. Through these meetings-as well as those held throughout the year-public stakeholders gain a greater understanding of the role of the Academy, the importance of the U.S. actuarial profession, and public policy issues for which there is a unique actuarial perspective.
Academy representatives met with the Department of the Treasury, the Congressional Budget Office, the Centers for Medicare & Medicaid Services’ Center for Consumer Information and Insurance Oversight (CCIIO), and with staff from the Senate Finance Committee and Committee on Health, Education, Labor and Pensions. They also met with officials from the White House, the Government Accountability Office, and the Department of Labor’s Employee Benefits Security Administration. They discussed Medicare and Medicaid, health insurance coverage, health equity, prescription drug costs, and health care workforce issues, including at long-term care facilities.
Look for more coverage in the April Actuarial Update. To learn more and get involved in public policy initiatives, visit the Academy website.
Academy Holds Second Climate Webinar With NOAA, NSF
Kasner opens the webinar
The Academy hosted the second in a series of climate modeling webinars being held in cooperation with the National Oceanic and Atmospheric Administration (NOAA) and the National Science Foundation (NSF). Ken Kasner, co-vice chairperson of the Academy’s Climate Change Joint Committee, opened the webinar, which was moderated by Mark Bove from Munich Reinsurance America. Presenters were Charles Jackson, Verisk; Eric Robinson, Aon; and Michael Young, RMS.
The series is designed to foster a conversation about the intersection of catastrophe and climate modeling. Slides and a recording are available free as a member benefit. The third webinar is scheduled for May 15; click here for information and to register.
Nominations Open for Member-Selected Directors
Beginning today, April 21, nominations are being accepted for Academy member-selected directors, who will serve three-year terms on the Academy’s Board of Directors. Nominations are due by May 31-please review the criteria and how to submit nominations in the 2023 Board Selection Center, or visit the nominations page.
ASB Health Member-Also beginning today, the Academy is accepting names for members interested in potentially serving as an Actuarial Standards Board (ASB) member-there will be a need to fill one position with a volunteer from the health practice area with service beginning Jan. 1, 2024. Those submissions are also due by May 31. Email professionalism@actuary.org.
Professionalism Outreach: Campbell Presents on USQS Changes
Academy Penultimate President and former Committee on Qualifications member Tom Campbell gave a virtual presentation, “A Tour of the Amended U.S. Qualification Standards,” on Wednesday to Buckeye Actuarial Continuing Education, an affiliate club of the Casualty Actuarial Society. Campbell covered changes made in the USQS version that took effect last year, and concluded with an engaging Q&A with attendees.
Professionalism Speakers Bureau-The Academy provides qualified speakers to actuarial clubs and organizations to help members fulfill their professionalism continuing education requirements. For more information, visit the Academy website.
Join Us in Celebrating Academy Volunteers
In celebration of National Volunteer Week, join the Academy in thanking our volunteers for all they do to promote professionalism and serve the public. Volunteering is a great way to give back and contribute to the profession while learning and sharing with other professionals who truly understand the challenges and rewards of the profession. Interested in volunteering for the Academy and learning more about how you can contribute? Click here to get started.
PBR Bootcamp Looks at Assets
The 2023 PBR Bootcamp webinar series continued Wednesday with a webinar on asset modeling. Moderated by Linda Lankowski, presenters were Life Experience Committee Chairperson Donna Claire, Life Valuation Committee Vice Chairperson Marc Altschull, and PBR Implementation Work Group members Dave Neve and Jonah von der Embse. Slides and a recording are available free as a member benefit. The third webinar in the series, Asset Modeling (Part Two), will be held on May 17.
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