Description: Introduce basic concepts of the Health Risk-Based Capital and show case a few strategies around Risk-Based Capital.

Description: The chairperson for the marketing and distribution section discusses the section welcome call and outline future topics and themes for the year head.

Description: The 2024 Actuarial Teaching Conference (ATC) provided an engaging platform for actuarial educators to explore current trends and challenges in the field. Organized by a diverse planning committee, the conference introduced new interactive formats, including roundtable discussions that encouraged in-depth dialogue on key topics such as artificial intelligence, student behavior, and experiential learning. One of the major highlights was the strategic focus on networking, with efforts made to facilitate connections before, during, and after the event through digital platforms. Challenges such as selecting diverse yet cohesive presentation topics and scheduling concurrent sessions were effectively addressed by aligning themes with participants' interests. Feedback from attendees was overwhelmingly positive, particularly regarding the innovative roundtable format, which fostered meaningful conversations and idea exchange. The success of this conference was attributed to meticulous planning, adaptability, and a commitment to innovation, setting a high standard for future ATCs.

Description: It highlights key initiatives and leadership changes within the SOA Education and Research (E&R) Section in year 2025.

Description: Expanding Horizons recently had the opportunity to interview Wenjun Zhu, the winner of the Society of Actuaries’ (SOA’s) third Actuarial Science Early Career Award.

Description: The incoming E&R chair for the coming year reflects on past accomplishments of the E&R council, acknowledges with thanks contributors, and looks forward to continuation in the coming year.

Description: As actuaries, we’re trained to see patterns in numbers and to design solutions that mitigate risk. But I can tell you from experience that while quantitative analysis and modeling are critical actuarial tools, looking at the numbers alone can lead to insurance products that don’t succeed in the real world the way the math says they “should.” With new digital technologies, we have more data at our fingertips than ever before, but I believe it’s equally as important to bring qualitative research methodologies into your product development process if you want to design solutions that meet real needs in the market. In this article, Amanda Turcotte shares what happens when qualitative research is neglected or ignored, what happens when you incorporate it into the product design process, and how to implement qualitative research practices in your organization.

Description: A detailed look at charges to the FSA pathway in the GI track that is planned for 2023.

Description: How does mortality experience impact earnings under the new GAAP financial framework? This article discusses how to isolate key components from financial models related to decrements, as well as how to handle the changes in the financial reporting landscape including: the aggregation of insurance policies into cohorts, dynamic reserving, and the limitations imposed by caps and floors. Looking at the components of earnings, such as the present value of benefits, expenses, and premiums, and how these elements interact is critical to form a comprehensive earnings story.

Description: We explore the question of how an actuary–artificial intelligence collaboration might look in the future and how actuaries should be trained to best leverage this technology. It felt fitting to accomplish this through a conversation with an AI system, as AI involvement is warranted to ground the analysis in the technology’s true capabilities.