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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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This Week—A Focus on Professionalism | | |
ASB Approves Exposure Drafts of ASOP Nos. 45, 49 | | |
ASB Unveils New Website The ASB unveiled a new, streamlined website that’s more seamlessly integrated with the recently updated Academy website for an improved user experience. The ASB is administered and largely funded by the Academy as part of the infrastructure that supports the U.S. actuarial profession’s well-established self-regulatory framework. On the new website, actuaries can see the ASOPs, learn about the ASB’s recent activities, find information on submitting comments on exposure drafts, read its Boxscore publication, and more. | | |
Next Week—Professionalism Webinar to Explore ABCD’s Role Join the Academy next Friday, June 12, for Professionalism: The Role of the ABCD. Academy President Tricia Matson will moderate, and Actuarial Board for Counseling and Discipline (ABCD) Chairperson William Hines and Vice Chairperson Shawna Ackerman will offer insight during this webinar and help actuaries better understand the ABCD’s role and processes related to inquiries and requests for guidance (RFG). Register today. ▶ RFG Requests—As of the end of May, the ABCD had handled 50 RFGs so far in 2026, continuing the high utilization of this service, according to Academy ABCD Director of Professionalism Ed Lee, who gave a professionalism presentation on May 28 to the Network of Actuarial Women and Allies, hosted by the Academy. | | |
July Webinar to Examine Algorithmic Bias Mark your calendar for a July 22 professionalism webinar examining algorithmic bias—the inherent prejudices that can be unintentionally embedded within the algorithms that drive machine learning and artificial intelligence (AI) systems. Learn about algorithmic bias, the potential harms that can result, and how actuaries can mitigate this type of bias. Presenters will walk through several examples as they discuss algorithmic bias and how to address it in actuarial work. This webinar is intended to meet the U.S. Qualification Standards (USQS) annual bias CE requirement. Registration will open soon. Professionalism Counts—Conflicts of Interest The latest “Professionalism Counts” continues marking this year’s 25th anniversary of the Code of Professional Conduct with Conflicts of Interest: What’s at Stake?—including a look at the Code’s Precept 7, which lays out conditions under which an actuary may perform actuarial services when an actual or apparent conflict of interest exists. ICYMI—Up to Code: Are You Offside? In case you missed it, with the World Cup set to begin next week in North America, the latest “Up to Code” column in the May/June Contingencies, Are You Offside?, looks at how actuaries can make sure they are qualified—and how they can “remain onside.” | | |
Around the Academy Contingencies Web Exclusive: Seven Ways Actuaries Shape Your Life | | |
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While some people may never meet one, actuaries influence everyone’s finances, healthcare, workplace benefits, and retirement security through the systems that support Americans from birth through old age. The latest Contingencies web exclusive, Seven Ways Actuaries Shape Your Life, examines people’s wide-ranging connection with actuaries in everything from home, auto, life, and health insurance to Social Security, pensions, and employee benefits.
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Actuary Voices—Automobile Insurance, Pride Month A new Actuary Voices episode covers the rising cost of automobile insurance, including the Automobile Insurance Committee’s recent issue brief on the role of tariffs. Also, for Pride Month, “Hidden to Heard”—a discussion with Sexuality and Gender Alliance of Actuaries Treasurer Cynthia Edwalds on the power of data and the importance of visibility and community within the profession. Subscribe to Actuary Voices wherever you get your favorite podcasts. Actuarial Update—Susan Kent Nominated as Academy President-Elect | | |
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The May Actuarial Update reports on Casualty Vice President Susan Kent being nominated as the Academy’s next president-elect. Also in the issue is a report from the May Academy Board meeting and a roundup of upcoming Academy webinars and events.
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Academy Congratulates New TAF Board Chair Steve White The Academy congratulates Steve White, who was named as chair of The Actuarial Foundation’s Board of Trustees. White has helped guide development of TAF’s strategic plan while continuing to support growth across its programs and the broader actuarial community, the group said. He succeeds Kelly Cusick, who has been chair for the past year. | | |
Academy in the News - A May 31 Birmingham, Ala., talk radio (WZRR-FM) segment on Social Security’s financing challenges extensively cited the Academy’s work in this area, detailing options for reform and informing listeners that “the longer action on this is delayed, the more dramatic the eventual fix has to be.”
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