Keeping you in the know—the latest news from the Academy
RECENT ACADEMY ACTIVITY | May 20–24, 2024
This Week … In a Minute
Have a minute? Catch up on the 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.
Academy Closed Memorial Day
The Academy will be closed on Monday, May 27, in observance of Memorial Day. The Academy recognizes U.S. military personnel who have died while serving our country, protecting the freedoms we enjoy as Americans. We hope all will join in observing their sacrifice on this holiday weekend.
MEMBERSHIP
Nominations Due Soon for Member-Selected Directors, Annual Awards
Early-June deadlines are approaching for nominations for the Academy’s Board and annual awards:
Nominations for member-selected directors close June 3. For more, visit the nominations page.
Annual service and recognition awards are due June 7. Recipients will be recognized at Envision Tomorrow, the Academy’s annual meeting in October. For more, visit actuary.org/awards.
EDUCATION & EVENTS
PBR Bootcamp Coming Next Month
There’s still time to register for next month’s PBR Bootcamp, being held in Philadelphia June 11–13. See the full agenda for the popular event, which will provide a comprehensive look at key principle-based reserving (PBR) topics. Do you have colleagues or team members who might be interested in this event? Make sure to share information about this essential training with them. Learn more.
Hotel room block closing Monday—The room block at Le Méridien Philadelphia closes on Memorial Day, May 27. Book your room today.
‘ERISA at 50’ Stakeholder Symposium Being Held June 4
The Academy will host a stakeholder symposium and reception, Looking Back, Moving Forward: ERISA at 50, on June 4 in Washington, D.C. Part of the Academy’s ERISA at 50 series, the event features a dynamic lineup of speakers who will focus on the current state and future prospects in the retirement landscape as we reflect on anniversary of the Employee Retirement Income Security Act of 1974 (ERISA). The Academy encourages you to share details of this event with others in your organization who might be interested in this topic. Click here to RSVP.
Webinar recording—If you missed last week’s kickoff webinar of the ERISA at 50 series, which explored the history of ERISA from conception through today, slides and audio are available as a free member benefit.
Early-Bird Discounts Available for LHQ Seminar
Get an early-bird discount to the Life and Health Qualifications Seminar, coming in November. The annual seminar is considered to be the best way to get basic education or relevant continuing education (CE) credit necessary to qualify to issue statements of actuarial opinion (SAOs) for either the NAIC Life and Accident & Health Annual Statement or the NAIC Health Annual Statement. The LHQ Seminar will be held Nov. 4–7 at the Hyatt Regency Crystal City in Arlington, Va. Lock in your early discount—register today.
Webinars Cover Medicare, Social Security Trustees’ Reports
In an effort to bring light to the important issue of public programs’ sustainability, the Academy hosted free webinars on the annual Medicare and Social Security trustees’ reports, which were released earlier this month. Slides and audio for both will be available soon, and look for recordings on the Academy’s YouTube page .
Social Security—Social Security Administration Chief Actuary Stephen Goss and Deputy Chief Actuary Karen Glenn presented in Wednesday’s Social Security webinar, moderated by Academy Social Security Committee Chairperson Sam Gutterman.
Medicare—Paul Spitalnic, chief actuary with the Centers for Medicare & Medicaid Services (CMS), and Michael Chernew, chair of the Medicare Payment Advisory Commission (MedPAC), presented in the Medicare webinar on Thursday, moderated by Academy Senior Health Fellow Cori Uccello.
Academy Leaders Spread the Word on Professionalism
Carlson presents in Cincinnati
Academy Board member and past Actuarial Standards Board member Christopher Carlson delivered a luncheon presentation, “Professionalism: A Foundation That Will Serve You Well,” to the Cincinnati Actuarial Club on Tuesday. Carlson explored what it means to be a professional, discussed the Code of Professional Conduct-based infrastructure housed in the Academy, and led the group through case studies and professionalism resources available through the Academy.
Also on Tuesday, “Bias in the Context of Data, Models, and Algorithms” was the topic of Data Science and Analytics Committee member Liaw Huang’s virtual presentation to the Middle Atlantic Actuarial Club. Huang spoke about different types of bias; gave detailed examples of bias-related errors, considerations, and case studies; and pointed attendees to Academy professionalism resources.
Looking for a Speaker?—The Academy’s Speakers Bureau provides qualified speakers on professionalism and public policy topics.
Actuary Voices Features SANA’s Shruti Gupta
The latest Actuary Voices podcast features a conversation with Shruti Gupta, president and co-founder of the South Asian Network of Actuaries (SANA) and a 2023 Rising Actuary Award recipient, who discusses how she connects her current work to the bigger picture. Also, learn more about SANA’s efforts to grow the profession through its student outreach. Subscribe to Actuary Voices wherever you get your favorite podcasts.
In the News
The Actuaries Climate Index was used as a data source for new research on the association of excess mortality and extreme temperatures published in the peer-reviewed journal BMC Public Health.
MSN’s ongoing coverage of Social Security issues in this year’s presidential election included Academy analysis of reform options.
PUBLIC POLICY
Public Policy in Brief
The Asset Adequacy and Reinsurance Issues Task Force provided comments to the NAIC’s Life Actuarial Task Force (LATF) regarding LATF’s “AAT Reinsurance Exposure 031724.”
Visit the Events Calendar for a complete listing of Academy events, including links to post-webinar slides and recordings.
Coming Next Week—May Actuarial Update
This Week will not publish next week because the May Actuarial Update will be published on Friday, May 31. In the Update, meet the Academy’s next president-elect and some of the keynote speakers for Envision Tomorrow, the Academy’s annual meeting in October.
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