By Allan W. Ryan
As members of any of the five U.S.-based actuarial organizations that has adopted the Code of Professional Conduct must know, Precept 3 of the Code states that: “An Actuary shall ensure that Actuarial Services performed by or under the direction of the Actuary satisfy applicable standards of practice.”
By David Ogden
Eric Ratesetter walked into his boss’s office and said, “I’ve got a problem.”
By Rick Block
“Violations of the Code of Professional Conduct—Precept 13. An Actuary with knowledge of an apparent, unresolved, material violation of the Code by another Actuary should consider discussing the situation with the other Actuary and attempt to resolve the apparent violation.
By Jan Carstens
In 1984 my husband and I got married and decided to spend three weeks in Europe for our honeymoon. We were young and adventurous (and in retrospect, maybe a little stupid), so we decided to book flights but not lodging—we had no idea what countries/cities we were going to visit—except for our very first night in Amsterdam.
By Godfrey Perrott
Recently an actuary contacted the Actuarial Board for Counseling and Discipline about a confidentiality issue.
By John P. Tierney
I retired from active practice last year after more than 40 years.
By John T. Stokesbury
So, there I was. I remember it like it was yesterday. I was reading my prior year memo to get up to speed for this year’s project. And one sentence caught my attention. I kept reading it over and over again.
By David Driscoll
I write this shortly after Christmas of 2016. As always, the season was marked by the challenge of finding presents for people who already have every material thing they really need or want.