By Albert J. Beer
No, this article does not describe how Actuarial Standards of Practice are handed down from Mount Olympus, nor how the Actuarial Board of Counseling and Discipline (ABCD) adjudicated the famous Sisyphus complaint!
Up To Code
By Richard Kutikoff
Actuaries love to measure risk. Risk is directly involved in our calculations: Mortality/longevity risk. Morbidity risk. Turnover risk. Investment return risk. Asset/liability mismatch risk. Risk of underprovision for expenses. Risk of bad data. Risk that our models are incorrect.
By John Schubert
There is a show that I try to watch called A Million Little Things.
By William Hines
I work for a U.S.-based office of an international consulting firm. I joined the firm more than 20 years ago when many of our clients were based in the areas local to my office.
By Deborah Rosenberg
If you ask anyone you meet about the significance of the number 14, the reply will probably relate to Valentine’s Day which is on the 14th of February.
By Ken Kent
Ever since a minimum continuing education requirement in ethics became part of the requirements for Enrolled Actuaries, I have been interested in the interplay between the Code of Professional Conduct (“the Code”) and ethics.
By Alice Rosenblatt
Internal or external users of actuarial services—should there be a difference in the work? Not much; actuarial work should be done in a similar fashion, and the substance of communication to internal and external “customers” should be very similar.
By David L. Driscoll
The phrase “the art of the possible” is often taken to imply that something sought is not all that likely to be achieved, at least not in its entirety.
By Albert J. Beer
Judging by vocal tones and body language, I think it is reasonable to assume that, upon hearing a reference to the Actuarial Board for Counseling and Discipline (ABCD), most actuaries would be more likely to think of the phrase “I’m from the IRS and I’m here to help” rather than a pleasant Beatles tune.
By Allan W. Ryan
As I wrap up my final year on the Actuarial Board for Counseling and Discipline (ABCD), I am also presenting my final “Up to Code” article. I decided I would go back four years and revisit the topic of my “Up to Code” article from the September/October 2016 issue of Contingencies.