Description: Chairperson of the LTC Section reflects on his three-year term on the LTC 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: An update to the risk management readers on what the JRMS is planning to do over 2023 to serve its membership.

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.

Description: In the spring of 2019, Dr. Cai started to serve as the Actuarial Science Program coordinator at Salisbury University, a medium-sized public teaching school in Maryland. At that time, the program was small, with only two faculty members who focused on both statistics and actuarial science, with approximately 10 students. During the next five years, the program did make some achievements in curriculum development, student exam preparation, job placement, and recognition, but Dr. Cai continued to have a dream to make the program unique. Dr. Cai believed that the skill sets students learned, even from a small program, could enable them to compete with anyone on a global basis. In spring 2024, Dr. Cai advised a group of exceptional actuarial students to participate in the 2024 Society of Actuaries (SOA) Student Research Case Study Challenge (SRCSC), and the team won third place – —behind two teams from the University of New South Wales, Australia. This article is the story of the journey.

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

Description: Emerging technologies like GenAI will be more disruptive than past technological developments, such as spreadsheets, low-code data and dashboarding tools, and cloud computing. This article will explore how how we can lead ourselves, our teams, and our organizations to thrive within a defined modern value proposition, using one of two archetype roles: actuaries as business partners or actuaries as developers.

Description: Actuarial functions are being asked to do more with less: being challenged to provide more value to the business through applying insight and foresight. This article examines ways in which actuaries can provide business insights with very limited investment. The article provides actionable steps that actuaries easily apply to their daily work.

Description: This interview with Andrés Villegas, an Associate Professor at UNSW Sydney, explores his journey from Colombia to Australia, his research on mortality modeling, and his contributions like the R package StMoMo. He discusses the importance of mentorship, industry-academia collaboration, and the role of actuaries in addressing global issues such as population aging and climate risk.

Description: A discussion with an experienced actuarial manager on how the COVID-19 pandemic has impacted people management and what we can learn and apply in the actuarial profession going forward.