20Aug2012

Have you read the Aug/Sept issue of The Actuary?

The August/September issue of The Actuary is now available online! In this issue, Tim Cardinal, FSA, CERA, MAAA, describes the different types of risk cultures companies have; Jeffrey Schlinsog, FSA, MAAA, and Thomas Sullivan give an explanation of what qualifies as a systemically important financial institution and the new rules those businesses will have to adhere to.  G.M. Filisko and members of the SOA’s Actuaries On Boards Task Force discuss where actuaries fit on boards and the due diligence that is imperative before assuming a corporate board position.

In addition, two separate articles discuss actuarial education. The first article, written by Jim Mange, FSA, provides historical perspective on the SOA’s education philosophy while a second article authored by Rob Stapleford, FSA, FCIA, offers detailed information on the Canadian Institute of Actuaries Fall 2011 decision to offer an additional pathway to meet its qualification requirements. Beginning September 2012, approved universities can offer courses giving students the option of applying to the CIA to gain exemptions from writing certain Casualty Actuarial Society/Society of Actuaries (CAS/SOA) examinations leading to Associate and Fellow status in the CIA. The SOA Board received a report on the CIA’s new program at its June 2012 meeting, discussed implication of this program and directed a volunteer team to gather further information. The volunteer team will present follow-up information and its considerations at the Board’s October 2012 meeting.

Readers – what do you think about the articles in the August/September issue?

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