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RECENT ACADEMY ACTIVITY | | |
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Only have a minute? Catch up on this week’s top stories with the latest “This Week … In a Minute” video. Subscribe to our YouTube channel to receive alerts as they are released. | |
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No Issue Next Week—Actuarial Update Coming July 31 There will be no issue next week—the July Actuarial Update will be out next Friday, July 31. | | |
Academy Announces 2026 Award for Research Recipient | | |
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Côté receives the Award for Research from Sheppard | | | |
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Côté receives the Award for Research from Sheppard | | |
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Olivier Côté, a Ph.D. candidate at Université Laval’s School of Actuarial Science in Quebec City, Canada, has been named the recipient of the Academy’s 2026 Award for Research. Academy Research Committee Vice Chairperson Becky Sheppard presented the award at Thursday night’s banquet dinner at the 2026 Actuarial Research Conference, held at The Ohio State University in Columbus. Côté and his co-authors’ research, “A Scalable Toolbox for Exposing Indirect Discrimination in Insurance Rates,” was published as part of the Casualty Actuarial Society’s (CAS) Series on Bias and Insurance. Their novel approach leveraged lessons from machine learning work that did not squarely apply or fit the insurance context, to create a scalable tool that provides accessible information for assessing fairness in insurance. Casualty Vice President and Academy President-Elect nominee Susan Kent also spoke at the banquet, and Actuarial Standards Board (ASB) member Erica Baird, a plenary session speaker, highlighted valuable takeaways from her and colleagues’ research on data and imputation methods. Another Academy session included presentations by Côté and other research award finalists. The Award for Research, now in its fourth year, includes a $7,500 honorarium. Read more in the Academy news release.
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EBSA Official to Keynote September’s Retirement Symposium | | |
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Aron Szapiro, senior ERISA program advisor in the Labor Department’s Employee Benefits Security Administration (EBSA), will offer the opening keynote address at the Academy’s Sept. 23 retirement symposium in Washington. Szapiro will address retirement plan sponsorship, longevity risk-sharing pools, and EBSA’s 2027 priorities, offering timely insights for policymakers, researchers, and practitioners working on retirement issues. Toward a Sustainable Retirement System: Choices That Shape the Future will be held from 1 p.m. to 5:30 p.m. EDT on Sept. 23 in the nation’s capital—register today.
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Academy Presentation Focuses on Actuarial Communication Academy Past President and ASOP No. 41 Task Force Chairperson Lisa Slotznick presented virtually on Thursday to a large, international Reinsurance Group of America audience on “Leveling Up Your Communications: Takeaways from the U.S. Code of Professional Conduct.” Slotznick gave background on the U.S. approach to actuarial communication, grounded in the Code of Professional Conduct and actuarial standards of practice (ASOPs), and illustrated the considerations involved in communicating compliantly and effectively with several hypothetical case studies and audience polling. ▶ Speakers Bureau—The Academy is available to provide speakers to actuarial clubs, employers, and educational entities. The Speakers Bureau provides qualified speakers on professionalism and public policy topics. | | |
Professionalism Webinar Examines Algorithmic Bias Wednesday’s professionalism webinar, Algorithmic Bias: It’s There, So What’s Being Done About It?, featured presentations by AI, Data Science, and Analytics Committee (ADAC) members Shruti Gupta and Maggie Ruzicka, who discussed potential harms that can result from algorithmic bias and how actuaries can mitigate that, giving examples and offering ideas of how to address it in actuarial work. Academy General Counsel and Director of Professionalism Brian Jackson moderated. | | |
PBR Webinar Series Kicks Off July 29 The Life Practice Council will open its webinar series on principle-based reserving next Wednesday, July 29, with PBR in Practice: A Practical Look at PBA Projections. Former life Vice President Jason Kehrberg, a member of the Life Reserves Subcommittee, will moderate the inaugural session. | | |
Public Policy in Brief- ADAC members presented “Measuring Statistical Bias in Data Using Entropy” at the NAIC’s CASTF [Casualty Actuarial and Statistical (C) Task Force] Book Club meeting.
- The Medicaid Committee submitted comments on Centers for Medicare & Medicaid Services’ proposed Medicaid managed care state-directed payments and Medicaid fee-for-service targeted practitioner payment proposed rule, focusing on payment limits, value-based payments, and grandfathered state-directed payments.
- The Climate Change Joint Committee presented at the virtual SOA Health Meeting, offering a health insurance company case study based on its recent policy paper, Climate Scenario Considerations: ORSA.
Resource Center—Visit the Resource Center to stay up to date with the latest Academy news and activity. | | |
Reminder—Director Nominations Due Monday A reminder that nominations for Academy member-selected directors to serve three-year terms on the Academy Board beginning in 2027 are due Monday, July 27. For a full description of the positions and to nominate, visit the nominations webpage. Contingencies Is Looking for a Puzzle Writer Do you love a good puzzle? Better yet, do you love creating them? Contingencies is looking for a volunteer to write its popular puzzle column. Read more and apply here. | | |
Public Employment Opportunity The New Jersey Department of Banking and Insurance is seeking a Managing Actuary (Life and Health). Duties include attending NAIC meetings and supporting the department on NAIC actuarial task forces and working groups. For a full description and to apply, click here. The Academy supports government employers who are seeking to hire qualified actuaries. See our Public Employment Opportunity Posting Policy. | | | |
Academy in the News A consumer-directed Yahoo! Finance story on the effect of tariffs on automobile insurance cited the Automobile Insurance Committee’s April issue brief on the topic. | | | |
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