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Academy Closed for Labor Day
The Academy’s office will be closed Monday, Sept. 5, in observance of Labor Day.
Raise Your Hand-Annual Call for Volunteers Underway
 Interested in volunteering for the Academy? Join more than 1,100 volunteers making a difference for the profession by taking the annual volunteer survey and raise your hand to fulfill the Academy’s mission to serve the public and the U.S. actuarial profession. The Academy sent an email to members on Wednesday, Aug. 31-or you may log in to your membership profile to take the survey, which takes five to 10 minutes to complete. Questions? Please email volunteer@actuary.org.
Academy Celebrates International Actuaries Day
Today, Friday, Sept. 2, is International Actuaries Day-a special opportunity to celebrate our members. The Academy thanks actuaries around the world for their contributions to the profession.
Recently Released
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 The September/October Contingencies cover story, “Insuring the Cloud,” looks at insurance options for covering internet downtime-a concept that could gain traction. Also in the issue, “Opioids and Workers’ Comp” looks at what effects knowledge gained in this well-publicized issue has had on this avenue of abuse, and “Time to Take the Plunge?” offers a new idea for U.S. retirement savers looking to assure lifetime income. Plus, a President’s Message on seasons of renewal, a Tradecraft piece on how data can help with rate-setting considerations for people with intellectual and developmental disabilities, and an Up to Code article on resilience.
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The August Actuarial Update highlights early-registration savings and added events to the Academy’s “Envision Tomorrow: 2022 Annual Meeting” Nov. 2-3 in Washington, D.C. Also in the issue, Academy representatives attended and presented at both the National Association of Insurance Commissioners’ (NAIC) Summer National Meeting and the International Association of Black Actuaries’ annual conference; the Academy welcomed 329 new members in the first half of 2022; and the “Professionalism Counts” column, “Where Can I Find Bias CE?”
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The Summer ASB Boxscore covers the Actuarial Standards Board (ASB) approval of an Actuarial Standard of Practice (ASOP) No. 20 exposure draft, approval for exposure of a proposed ASOP No. 36 revision and a proposed ASOP No. 28 scope revision, and other recent ASB activity.
Professionalism-P/C Webinar Examines ASOP Nos. 20, 36
Wednesday’s professionalism webinar, “ASOP Nos. 20 & 36: Proposed Changes,” offered insights into why these two property/casualty standards are being revised and outlined proposed changes. Both ASOPs are open for comment through Sept. 30 on the ASB website. Slides and audio will be available soon for logged-in Academy members, as a member benefit.
Voting for Member-Selected Directors Concludes
Thank you to members who cast their votes for the three candidates for open member-selected director positions (formerly regular directors) on the Academy Board of Directors. Voting wrapped up last Friday, Aug. 26. The newly elected directors will be Joyce Bohl, Derek Freihaut, and Julia Lerche; their terms will begin in November along with the full slate of the 2022-2023 Board of Directors. Read more in the Board Election Center.
Thank You for Participating in the Member Value Survey
The Academy thanks members who took time to participate in this year’s Member Value Survey, which supports our mission of serving the U.S. actuarial profession and the public. Member feedback is extremely important to the Academy, and we are committed to using your feedback, analysis, and insights to develop and enhance membership benefits, programs, resources, and education programs. In the next few months, the Academy will provide recommendations to leadership to consider for volunteers and staff to develop and implement in the coming year. Ideas or feedback? Feel free to reach out to the Academy Membership Department at membership@actuary.org.
Public Policy in Focus
Visit the Public Policy page to stay on top of the latest news and activities.
In the News
Events Calendar
Coming Soon
The annual Seminar on Effective P/C Loss Reserve Opinions is designed for property/casualty actuaries who prepare or assist with preparing NAIC annual statements of actuarial opinion on P/C loss reserves. Make plans to join us for this highly regarded event, which will be held Dec. 5-6 in Phoenix, Ariz. Registration will open soon.
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