|
Call for Volunteers Opening Monday; Information Session Set for Aug. 10
 The Academy will open its annual Call for Volunteers survey on Monday, July 31. Whether you are new to the Academy, a member who has not volunteered yet, or an experienced volunteer interested in learning more, register now for an Aug. 10 information session that will help you learn more about volunteering with the Academy, available volunteering opportunities, and to prepare you to take the survey, which will run through Sept. 6.
Last Chance for LHQ Seminar Early Registration
Early registration rates will end Monday, July 31, for the 2023 Life and Health Qualifications Seminar, to be held Nov. 6-9 in Arlington, Va. The annual LHQ Seminar delivers three days of training and instruction with an optional fourth-day exam, and the opportunity to earn up to 27 hours of continuing education credit. Secure your discount-register today.
CLRS Early Discounts Available
Discounted registrations are available through Aug. 18 for the 2023 Casualty Loss Reserve Seminar. Academy Senior Casualty Fellow Rich Gibson has been instrumental in gaining speakers for sessions at the annual seminar. Co-sponsored by the Academy and the Casualty Actuarial Society (CAS), the annual CLRS will be held Sept. 11-13 in Orlando, Fla. For more information-including how to order discounted Walt Disney World theme park tickets-visit the CLRS webpage.
Climate Risk Webinar to Explore Impact for All Actuaries
Academy President-Elect and Climate Change Joint Committee Chairperson Lisa Slotznick will lead committee members in presenting the Aug. 9 webinar, “How Climate Risk Applies to All Actuaries.” Discussion topics will include the recently released issue paper, Climate Risks Pose Broad Impacts on Financial Security Systems. Register today.
ASB Approves ASOP No. 20 Revision, ASOP No. 36 Exposure Draft
 The Actuarial Standards Board (ASB) adopted a revision of Actuarial Standard of Practice (ASOP) No. 20, now titled Discounting of Property/Casualty Claim Estimates. The ASOP is effective for any actuarial work product covered by the standard’s scope issued on or after Dec. 1, 2023.
The ASB also approved a second exposure draft of a proposed revision of ASOP No. 36, now titled Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves. Information on how to submit comments can be found in the draft. The comment deadline is Nov. 1.
Academy Sponsoring Actuarial Research Conference
The Academy is a major sponsor of the Actuarial Research Conference 2023 at Drake University in Des Moines, Iowa, which begins Sunday, July 30, and runs through Aug. 2. Several Academy staff members and volunteers are scheduled to present-look for more coverage next week.
PBR Bootcamp Looks at Liability Modeling
The latest session in the PBR Bootcamp series, held Wednesday, covered principle-based reserving (PBR) issues in liability modeling. PBR Implementation Work Group members discussed issues including differences between VM-20 and VM-21, and modeling non-guaranteed elements. Slides and audio will be available soon.
Public Policy News in Brief
Visit the Public Policy webpage to stay on top of the latest news and activity.
In the News
Events Calendar Highlights
Visit the Events Calendar for a complete listing of Academy events, including links to post-webinar slides and audio.
Coming Next Week-IABA Meeting, Actuarial Update
Academy staff and volunteers are attending next week’s International Association of Black Actuaries (IABA) Annual Meeting in Chicago. Data Science and Analytics Committee (DSAC) and Academy Board member Dorothy Andrews will be presenting on “Defining Data Biases and Unfairly Discriminatory Considerations,” following DSAC’s recent paper on the subject, part of a new series. Visit the Academy’s booth at IABA for information on the Academy’s Annual Meeting, volunteering opportunities, and more.
The July Actuarial Update, coming Monday, will cover the latest keynote speaker for the Academy’s Envision Tomorrow: 2023 Annual Meeting, and offer a look at practice-area breakout session topics. Also in the issue, meet the Academy’s next secretary-treasurer nominee.
|
