No Issue Next Week; Actuarial Update Coming Feb. 29

This Week will not be published next week; the February Actuarial Update will be released next Thursday, Feb. 29.

Actuary Voices Features a Conversation With Executive Director Bill Michalisin & President Lisa Slotznick

In a special edition of Actuary Voices, Academy Executive Director Bill Michalisin sits down with Academy President Lisa Slotznick for a wide-ranging conversation in which they discuss their experiences in their respective positions and what lies ahead for the Academy in the coming year. Subscribe to Actuary Voices wherever you get your favorite podcasts.

Post Your Résumé—Visit the Academy Career Center

If you haven’t done so already, be sure to visit the Academy Career Center—a one-stop shop for job seekers and employers looking to make a match. The Career Center allows you to showcase your experience and achievements in a professional and accessible format, helping you stand out to employers and recruiters actively seeking your skills and expertise. Post your résumé and take advantage of specially tailored assets—the latest valuable benefit for Academy members. Post your résumé today.

Academy to Match Contributions to TAF’s Modeling the Future Challenge

In addition to its annual support of The Actuarial Foundation (TAF), the Academy will match donations to TAF’s Modeling the Future Challenge (MTFC) for up to a total of $10,000 in 2024. The MTFC is a real-world competition for high school students, combining math modeling, data analysis, and risk management into a challenge in which students learn how and why the most pressing public policy issues require the sound application of actuarial principles. Read more about TAF, the program, and the opportunity to donate on the Academy’s MTFC webpage.

Place Your Order—P/C, Life & Health Law Manuals

Order your Academy law manuals today:

• The P/C Loss Reserve Law Manual includes statements of actuarial opinion (SAO) requirements and laws and regulations establishing those requirements; and instructions for property/casualty SAOs, title loss, and loss expense reserves.

• The Life and Health Valuation Law Manual includes a current topics section outlining key valuation developments and specific state guidance; NAIC model laws and regulations that have an effect on reserve calculations; a discussion of generally distributed interpretations; and actuarial guidelines from the NAIC Financial Condition Examiners Handbook.

Public Policy in Focus

• The Prudential Regulation Committee submitted comments to the International Association of Insurance Supervisors (IAIS) on its consultation draft application paper on climate risk scenario analysis in the insurance sector.

Visit the Public Policy webpage to stay on top of the latest news and activity.

In the News

• A Newsweek article on potential future Social Security retirement benefit cuts cited the Academy issue brief Reforming Social Security Sooner Rather Than Later. InsuranceNewsNet also cited findings from the issue brief.

Events Calendar Highlights

• March 5 [Webinar] Bias in P/C Insurance: Updates from the Committee on Equity and Fairness

• March 20 [Recorded Webinar, no cost] Post-NAIC Spring Conference Recap: Hot Topics from Phoenix

• April 18 [Webinar] Professionalism Webinar From the ASB

• May 2 [Webinar] Considerations for Machine Learning, AI Models, and Underlying Data

• June 3 [Webinar] Professionalism Webinar From the ABCD

• June 11–13 [Seminar] PBR Bootcamp; Philadelphia

• Sept. 9–11 [Seminar] Casualty Loss Reserve Seminar; San Francisco (co-sponsored with the Casualty Actuarial Society)

• Oct. 15–16 [Annual Meeting] Envision Tomorrow 2024; Washington, D.C.

• Nov. 4–7 [Seminar] Life and Health Qualifications Seminar; Arlington, Va.

• Dec. 9–10 [Seminar] Seminar on Effective P/C Loss Reserve Opinions; New Orleans

Visit the Events Calendar for a complete listing of Academy events, including links to post-webinar slides and recordings.

Coming Next Month—the Academy at NAIC

Academy staff and volunteers are gearing up for the NAIC Spring National Meeting, to be held March 15–18 in Phoenix. Catch up on all the details during our “Post-NAIC Spring Conference Recap: Hot Topics from Phoenix,” a March 20 webinar that will feature Academy policy analysts sharing key highlights from NAIC presentations, offer updates on priority projects, and identify ongoing opportunities to provide an actuarial perspective with state insurance commissioners, other regulators, industry professionals, and more. Look for more details coming soon.

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