Description: Chronicles the journey made by Allstate to enhance its process for managing risk and ultimately find ways to better exploit risk opportunities.

Description: MacGinnitie discusses how retirement may change in the 21st century. First, he discusses what forces are shaping current retirement trends and what might happen to redefine retirement in the 21st century. He then examines what this might mean for private pension systems, and how actuaries can adapt.

Description: This article is based on a presentation made by the author at the Annual Meeting of the Actuarial Society of New York in September 2004. The example of the position inventory and complementary skills acquired is from the author's own professional experience. From The Actuary Magazine, April/May 2005

Description: SOA President Stephen G. Kellison shares his thoughts on the future of the actuarial profession.

Description: Discusses potential implications of increasing life spans in many areas.

Description: This article presents an interview with Prakash Shimpi about his career and the practice of Enterprise Risk Management [ERM]. Shimpi, FSA, CFA, joined the Tillinghast business of Towers Perrin in November 2004 as practice leader with global responsibility for ERM.

Description: The Society's vision is for actuaries to be recognized as the leading professionals in the modeling and management of financial risk and contingent events. To that end, this column will regularly update members on the latest initiatives underway aimed at helping us realize this vision.

Description: This article discusses the discount rate that should be used under GASB 45. Public employers now find themselves in a similar situation to private sector employers in the early 1990's in that GASB 45 requires them to measure liabilities including post-retirement medical liabilities using accrual accounting.

Description: This article contains interviews with the directors of three Society of Actuaries departments. Margaret Ann Jordan is the managing director of Information Technology and Services, Tiffany Berger is the director of Finance and Facilities, and Toni Murril is the director of Human Resources.

Description: The goal of the session was to provide actuaries with an overview of the experiences of being an independent actuary and several details to be considered when setting up your own business.