Description: To review 2021 and look forward to 2022 as the new Chair of the Actuary of the Future section council

Description: Adjusting GAAP reinsurance reserves to account for reinsurance protection against the events that trigger direct reserve constraints (such as NPR capping or LFPB flooring) can be a challenge any time. Ceding a block of business that is already in force increases the challenge—especially if one of those constraints was already present at inception of the reinsurance. This article builds on previous work (published in the July 2022 and June 2023 issues) to show how to measure initial reinsurance reserves in a way that complies with AICPA guidance and prepares for effective measurement of subsequent changes in the effects of the constraints.

Description: A typical course has some "hard" parts. These "hard" parts are the places where weaker students begin to fail, lose interest, and give up. The paper introduces a metric by which to evaluate each course topic. High metric values indicate "hard parts" of courses. The paper recommends spending more course time on hard parts and less course time on easy parts. The paper also recommends using disclosure: Tell students - this part of the course is "hard" and they may feel uncomfortable which is why more time is being spent on it." This approach to hard parts works! Failure rates are significantly reduced, while retention, satisfaction, and student scores improve.

Description: It is an interview

Description: Wright State University is a public research university in Dayton, Ohio, with approximately 11,000 students. With the lowest tuition fees in Ohio, the university has an access mission and plays a critical role in the region by offering high-quality, affordable education. I joined Wright State University in fall 2019 as the director of the Actuarial Science program. In spring 2020 we attained the Universities and Colleges with Actuarial Programs (UCAP)-AC designation from the Society of Actuaries (SOA), becoming one of only three universities in southwest Ohio at this recognition tier. In this article, I would like to tell you about the journey our program has taken—its successes and its challenges. The goal is to offer a resource to other universities seeking to upgrade their Actuarial Science programs.

Description: Discussion of how to mature value-based contracts between health insurers and provider organizations to improve population health and financial sustainability. Centers around contract parameter consistency, revenue predictability and risk assessment. Intended audience are health plan and ACO actuaries and leaders. Authors are writing from the provider perspective in value-based contracts.

Description: Article describing content and key takeaways from experience completing the SOA PA Certificate

Description: Actuary of the Future Chairperson's corner. The article celebrates success of the section in 2023 and describes the 2024 goals and objectives.

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: The SOA, in collaboration with CSU-Fullerton, hosted the first event combining local high school students and community college and university students for a day of learning and networking.