During this time of necessary social distancing, the Academy is providing and planning more of our excellent webinars eligible for “organized” CE credit when you participate in the live event. See our current offerings below and consider registering today.
Professionalism Webinar Will Cover New Modeling ASOP: ASOP No. 56
Earlier this year, the Actuarial Standards Board (ASB) released ASOP No. 56, Modeling, a new actuarial standard of practice (ASOP) for all practice areas. Join us from noon to 1:30 p.m. EDT April 30 for “The New Modeling ASOP: ASOP No. 56,” a webinar that will feature former ASB members and members of the ASB’s Modeling Task Force discussing the scope of the standard, what constitutes a model, and the fundamental guidance given by the standard. Our speakers will also discuss how the standard approaches topics such as the actuary’s role, reliance on others, governance and controls, documentation, predictive models, and disclosures.
With a speaker from each practice area, we expect a lively discussion of these topics, with insights relevant to each practice area. There will be ample time for questions and answers. In addition, we are planning for this webinar to have live video of the presenters—you will be able to see their engagement and enthusiasm for the topics discussed. In order to make the webinar as useful as possible to you, those who register will have the opportunity to provide some information about their own practice and interests to inform the presenters’ approach and emphasis during their presentations.
We believe in good faith that attendees will have the opportunity to earn up to 1.8 continuing education (CE) professionalism credits and 1.8 non-core, non-ethics continuing professionalism education (CPE) credits under Joint Board for the Enrollment of Actuaries (JBEA) rules. Register today.
Registration Opens for Public Pension Plans Webinar
Join the Academy’s Pension Practice Council for the second webinar in its “Retirement Plan Coverage in America” series. “Part Two: Focus on Public Pension Plans” will be held on Thursday, April 23, from noon to 1:30 p.m. EDT. This webinar will focus on public pension plans, which cover state and local government workers, providing an overview of their purpose and the unique issues facing them.
During this webinar, speakers will discuss who is covered by these plans, how these plans are regulated, and current issues impacting these plans and their participants. Both those well-versed in these issues and those interested in learning more about U.S. retirement policy will benefit from the presentation.
We believe in good faith that attendees will have the opportunity to earn up to 1.8 CE credits and 1.8 non-core, non-ethics CPE credits under JBEA rules. Register today for the second in a series of enlightening conversations about retirement plan coverage.
P/C Public Policy Webinar Will Cover COVID-19, Other Issues
A third new webinar was announced on Friday. Starting at 2 p.m. EDT on April 23, “P/C Public Policy Update—Spring 2020” will cover the latest updates on property and casualty public policy activities at the state and federal levels. Our speakers will discuss:
The impact of the coronavirus on P/C lines;
Legislation affecting coverage of pandemic viruses;
Updates on federal legislation, including the reauthorization of the National Flood Insurance Program and the extension of the Terrorism Risk Insurance Act; and
Wildfires, and the latest on the Actuaries Climate Index and the Actuaries Climate Risk Index.
There will be ample time for questions and answers throughout the presentation.
We believe in good faith that attendees will have the opportunity to earn up to 1.8 CE credits. Register today.
Reminder—Nominations for Regular Directors Due April 15
A reminder to Academy members: Nominations for candidates to be Academy regular directors are due next Wednesday, April 15. Regular directors are elected to the Board of Directors by Academy membership in an online election from a slate of candidates presented by the Nominating Committee. Candidates for regular directors are now being considered by the Nominating Committee. See more information about the criteria for selecting candidates for these positions in the Board Election Center. To submit nominations, click here.
Academy Updates COVID-19 Resource Page
The Academy continues to update its coronavirus pandemic (COVID-19) resource webpage. The latest updates include several actuarial hubs, potentially of great interest to our members and others.
Also new this week, members of the Academy may also use this form to suggest additions to the resources page, our FAQs, potential COVID-19-related webinar topics, or other issues we might want to investigate.
The Federal Emergency Management Agency (FEMA) has an open actuarial position in Washington, D.C. The position is for an actuary with experience working for an insurance, reinsurance, or actuarial consulting company demonstrating expertise in pricing, reserving, modeling, and underwriting insurance or reinsurance coverage. This posting runs through April 15. Click here to apply via USA Jobs.
Membership dues were payable on Jan. 1, with late fees accruing as of May 1. Due to the disruptions caused by the COVID-19 pandemic, the Academy has extended this year’s grace period for accrual of late fees by members who have not yet paid to June 1. Some members also may qualify for a partial or full dues waiver.
Members can log in now to pay dues, print an invoice, and make changes to their account. The Academy’s Membership Department staff are available to assist members via phone or email (202-785-6925 or membership@actuary.org). The Academy appreciates all members for their membership and dedication to our mission.
Public Policy Activity
The Retirement System Assessment and Policy Committee released an issue brief, Retirement Security Challenges: Portability and Retirement Income, that considers potential ways to optimize portability and personal management of retirement assets, income, and benefits.
On April 4, radio station WMOV-AM (Ravenswood, W.Va.) aired an interview with Senior Life Fellow Nancy Bennett about whether and how the coronavirus pandemic is affecting life insurance rates or raises insurer solvency concerns.
Managed Healthcare Executive reported on the Health Practice Council’s FAQs on COVID-19’s potential effects on health spending.
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