Keeping you in the know—the latest news from the Academy
RECENT ACADEMY ACTIVITY | May 13–17, 2024
This Week … In a Minute
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EDUCATION & EVENTS
Next Week—FREE Trustees’ Reports Webinars
As a member benefit, the Academy will host free webinars next week on the recently released annual Medicare and Social Security trustees’ reports.
Social Security—Social Security Administration Chief Actuary Stephen Goss and Deputy Chief Actuary Karen Glenn will present in the Social Security webinar, moderated by Academy Social Security Committee Chairperson Sam Gutterman. It will be held Wednesday, May 22, at noon EDT. Register today.
Medicare—Paul Spitalnic, chief actuary with the Centers for Medicare & Medicaid Services, and Michael Chernew, chair of the Medicare Payment Advisory Commission (MedPAC), will present in the Medicare webinar, moderated by Academy Senior Health Fellow Cori Uccello. It’s set for Thursday, May 23, at 2 p.m. EDT. Register today.
Webinar Kicks Off ‘ERISA at 50’ Series
The Retirement Practice Council kicked off its “ERISA at 50” series with Tuesday’s webinar, “Looking Back, Moving Forward: ERISA at 50,” noting the Employee Retirement Income Security Act of 1974 (ERISA) marks its 50th anniversary this year. Presenters looked ahead to potential reforms that could bolster Americans’ retirement security. Slides and audio will be available soon as a complimentary member benefit.
June Symposium—Next up in the ERISA series will be a June 4 symposium for stakeholders, being held in Washington, D.C.
The Academy’s next professionalism webinar, ABCD Requests for Guidance—Insight and Case Studies, will feature Actuarial Board for Counseling and Discipline (ABCD) Vice Chairperson Al Beer and ABCD members Tammy Dixon and Cande Olsen discussing case studies brought to light by recent requests for guidance (RFGs). Continuing education (CE) and continuing professional education (CPE) core ethics credits under the Joint Board for the Enrollment of Actuaries (JBEA) rules will be available at the live webinar, which will be held on Monday, June 3—register today.
Professionalism Outreach
Academy General Counsel and Senior Director of Professionalism Brian Jackson delivered an in-person professionalism presentation Tuesday to the Actuaries Club of Philadelphia. “You Are the Fulcrum of Self-Regulation” reviewed the basic structures and key elements of U.S. actuarial professionalism and how they work together to form a framework housed in the Academy, such that professional standards are largely implemented and enforced by actuaries themselves rather than by entities outside the profession.
Looking for a Speaker?—The Academy’s Speakers Bureau provides qualified speakers on professionalism and public policy topics.
Professionalism Resources
An Academy member email sent Wednesday offers a recap of the latest professionalism resources, including Contingencies’ Professionalism in Focus page. For more, visit the Academy’s Professionalism webpage.
PUBLIC POLICY
Academy Participates in FIO Conference on Cyber-Incident Response
Academy Casualty Policy Analyst Rob Fischer participated in a Federal Insurance Office (FIO) conference on Thursday, which brought together senior stakeholders from Department of the Treasury, the Cybersecurity and Infrastructure Security Agency, the Office of the National Cyber Director, and cyber insurers and reinsurers. They discussed potential protection gaps, size of the cyber market, and what forms a federal cyber backstop could look like.
Reminder—Nominations Open for Member-Selected Directors, Annual Awards
A reminder that nominations are open this month for Academy members for:
Member-selected directors to the Academy Board, which are due June 3. For more, visit the nominations page.
Annual service and recognition awards, which are due June 7. Recipients will be recognized at Envision Tomorrow, the Academy’s annual meeting in October. For more, visit actuary.org/awards.
OUTREACH & NEWS
Casualty Quarterly Examines P/C RBC Issues
The Spring Casualty Quarterly leads with a Q&A with P/C Risk-Based Capital (RBC) Committee Chairperson Ron Wilkins, who offers follow-up insights from a May 1 webinar, including historical background and recent committee work on key P/C RBC issues. Also in the issue, casualty volunteers interacted with federal policymakers at last month’s “Hill visits,” and a reminder that early-registration discounts are available to December’s Seminar on Effective P/C Loss Reserve Opinions in New Orleans.
In the News
The Academy’s analysis of Social Security reform options was used to inform a call-in discussion of the recently released Social Security Trustees Report during the May 12 edition of C-SPAN’s public affairs program Washington Journal.
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