Archive of Life

02Apr2012
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SOA Blog
Category
Life
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Don’t miss this unique opportunity to learn more about mortality! Thumbnail

Don’t miss this unique opportunity to learn more about mortality!

by Al Klein, consulting actuary, Milliman Inc. A World of Mortality Issues and Insights is a post Life and Annuity Symposium seminar to be held on May 23.  This seminar is different than most SOA

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13Mar2012
The low interest rate environment: A roundtable discussion with members of the SOA’s Smaller Insurance Company Section – Part 2 Thumbnail

The low interest rate environment: A roundtable discussion with members of the SOA’s Smaller Insurance Company Section – Part 2

In September 2011, the Smaller Insurance Company defined its mission: "to synthesize information for smaller company actuaries." The section’s focus for this year is the low interest environment. In

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12Mar2012
The low interest rate environment: A roundtable discussion with members of the SOA’s Smaller Insurance Company Section – Part 1 Thumbnail

The low interest rate environment: A roundtable discussion with members of the SOA’s Smaller Insurance Company Section – Part 1

In September 2011, the Smaller Insurance Company defined its mission: "to synthesize information for smaller company actuaries." The section’s focus for this year is the low interest environment. In

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Pass the dessert, please Thumbnail

Pass the dessert, please

James Miles discusses the growing difference in average life span between Americans and Western Europeans.

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03Aug2011
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SOA Blog
Category
Life
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2011 Valuation Actuary Symposium—Make it a Record-Breaking Year Thumbnail

2011 Valuation Actuary Symposium—Make it a Record-Breaking Year

The chair of the 2011 Valuation Actuary Symposium discusses highlights of this year's meeting.

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05Jul2011
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SOA Blog
Category
Life
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Wouldn’t it be great? Thumbnail

Wouldn’t it be great?

by James Miles, SOA Consulting Staff Fellow, Individual Life & Annuity Solutions Our training and experience as actuaries enables us to have a unique perspective on and understanding of the caus

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06Jun2011
Author
mboot
Category
Life
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The term vs. permanent life debate Thumbnail

The term vs. permanent life debate

by Mike Boot, Managing Director of Actuarial Marketplace Solutions As an actuary on the staff of the Society of Actuaries, I am usually happy to see insurance topics with actuaries quoted in the Wall Street Journal. I was surprised to see the May 28, 2011 article “Honestly, What's the Best Policy: Insurance Agents Are Pushing Pricey Permanent Life Aggressively. Here's What You Need to Know” written by Leslie Scism. (more…)

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18Apr2011
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SOA Blog
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Life
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Get Ready for the 2011 Life & Annuity Symposium Thumbnail

Get Ready for the 2011 Life & Annuity Symposium

by Andrew Dalton, 2011 Life & Annuity Symposium Chairperson I want to remind you that the 2nd Annual Life & Annuity Symposium is right around the corner! We have an exciting slate of quality educational sessions lined up for you ... you'll hear respected colleagues speak on the hottest topics in the industry today.  As a combination of the Life Spring Meeting and the Product Development Symposium, the Life & Annuity Symposium has something to offer to everyone—I’m especially looking forward to hearing about developments with principles-based reserving and what's hot in the field of variable annuity risk management.   Perhaps most importantly, the Symposium is an excellent opportunity to reconnect with old friends and make some new ones.   Last year's Symposium was a great opportunity for me to meet up with some colleagues and friends I haven't seen in a while.  I hope to see all of you there again this year. 

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22Nov2010
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SOA Blog
Category
General, Life
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SOA Staff Actuary Profile: James Miles Thumbnail

SOA Staff Actuary Profile: James Miles

Name: James Miles Professional Designations: FSA, MAAA. I have also earned the FLMI and CPCU designations. Title: Consulting Staff Fellow, Individual Life & Annuity Solutions How long have you been at the SOA?  About two years. Why/How did you decide to become an actuary? I was an undergraduate mathematics major trying to leverage my book learning into a paying job. My advisor suggested that I look at actuarial science. After a few actuarial courses in graduate school and an observation that several companies were coming on campus each year to hire actuaries, I was convinced that being an actuary would be a good career choice for me. (more…)

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24Sep2010
Author
mboot
Category
Life
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What is Your Life Staff Actuary Doing for You? Thumbnail

What is Your Life Staff Actuary Doing for You?

This is the first in a series of blog postings over the next few months to introduce you to the actuaries on staff at the SOA and the work they do on behalf of the profession. If you have a question for Mike, our first “victim”, on his role at the SOA, feel free to leave a comment below. Name: Mike Boot, FSA, MAAA Title: Managing Director of Actuarial Marketplace Solutions How long have you been at the SOA? I just reached my 4th anniversary last month. Why/How did you decide to become an actuary? When I entered college as a math major, I learned about the actuarial career, which combined my interest in practical mathematics and business.  That attracted me to attend an Actuarial Information Day hosted by Hewitt in Lincolnshire, IL. where I first met an actuary in person. What is your area of practice? Life area of practice—I have primarily been involved in the product development and pricing arena. What are the biggest issues facing your area of practice right now? Convergence of accounting is creating challenges and opportunities for actuaries.  The regulatory environment is dynamic and the changes include those coming from Solvency II and IFRS and princ

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