Register for Tuesday’s ‘Separate Account Products’ Life Webinar
The Academy’s Life Practice Council (LPC) will host a webinar next Tuesday, “Separate Account Products,” which will offer attendees information about the use of separate accounts in insurance products. LPC Vice President Laura Hanson will moderate the discussion; presenters will be Academy President-Elect Tom Campbell; Frank O’Connor, vice president of research and outreach, Insured Retirement Institute; and Antonio Rosa, director of external reporting, Talcott Resolution. Speakers will cover topics such as the history of separate account products, NAIC model laws and regulations applicable to separate account products, accounting and reporting practices for separate account products, and the effects of insulation in separate accounts. Continuing education credit will be available. The webinar will be held Feb. 25 from 1 to 2:30 p.m. EST. New: Academy members can now register for the event and sign in by using their Academy member login.Register today.
Volunteer Action Required: Commitment to Objectivity
Committing on an annual basis to professional objectivity is required to perform volunteer work for all those who participate in Academy committees. Art Panighetti, vice president of the Academy’s Council on Professionalism, emailed Academy volunteers Jan. 31 with a request of all volunteers to submit a conflict of interest (COI) acknowledgment and continuing education (CE) attestation. The January Actuarial Update also noted the annual acknowledgment of the Academy’s COI policy and CE attestation that all those who serve on our committees must acknowledge. If you are a volunteer or Interested Party, follow the instructions in the email you received or on the membership page under “Volunteer Acknowledgments” under Volunteer Resources. For more information about the Academy’s commitment to professional objectivity, please visit the Professional Objectivity at the Academy page.
Reminder—Academy 2020 Election Guides
With the 2020 presidential election cycle getting into full swing and “Super Tuesday” coming up in less than two weeks, the Academy’s 2020 Making Issues Count election guides offer voters timely, nonpartisan information on key issues including Social Security, health insurance, secure retirement, and more. The guides give pertinent background information and sample questions for presidential and congressional candidates about financial challenges and public policy reform options for major insurance and retirement systems and programs such as Social Security, as well as Medicare, climate risk, retirement security, and more.
Order Today: P/C Loss Reserve, Life and Health Law Manuals Available
Don’t forget to place your order. The Academy’s two law manuals are available for immediate purchase and download.
The P/C Loss Reserve Law Manual is designed to help appointed actuaries and others know the requirements for specific statements of actuarial opinion. The manual contains a compilation of insurance laws relating to P/C loss and loss expense reserves for all 50 states, Washington, D.C., and Puerto Rico. Users can directly access each jurisdiction’s laws, making it a useful reference tool for actuaries. Order today.
The Life and Health Valuation Law Manual contains information to help appointed actuaries and others know the requirements of the NAIC model Standard Valuation Law and the Model Actuarial Opinion and Memorandum Regulation. It includes a concise summary of the valuation laws (and NAIC regulations) of all 50 states, the District of Columbia, and Puerto Rico. Order today.
Discounted Registration Rates Available Through Feb. 29 for Enrolled Actuaries Meeting
Discounted registration rates are available through the end of February for the 2020 Enrolled Actuaries Meeting, to be held March 29–April 1 in Washington, D.C. Jointly sponsored by the Academy and the Conference of Consulting Actuaries (CCA), the 45th annual EA Meeting will follow the new format introduced in the past few years, with shorter sessions on key retirement and pension issues that will provide you with more EA credit opportunity. Academy and CCA members who register online or postmark their registration by Feb. 29 will receive the discounted rate. Register today.
Renewal Season Open for Enrolled Actuaries
The IRS has opened the renewal season for enrolled actuaries for the April 1, 2020–March 31, 2023, period. The Joint Board for the Enrollment of Actuaries (JBEA) has asked the Academy to help publicize the re-enrollment period. For details on the renewal form and instructions, click here.
Public Employment Opportunity
The Connecticut Insurance Department is seeking a life/health insurance actuary. The role will support the needs of the department in financial analysis, field exams, NAIC committees, and other product management support. For more information and to apply, click the links above. The application deadline is next Thursday, Feb. 27.
1850 M Street NW • Suite 300 • Washington, DC 20036 • 202.223.8196 • www.actuary.org
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