Description: Resources to help actuaries be leaders in their workplace or profession

Description: This article reviews the dynamics of surrender risk, briefly discusses current valuations in the Interest Rate option markets and presents some tailored structured hedging instruments that can be used to manage this risk.

Description: Contemporary ERM has moved from an event-based view of risk to a hierarchical, systems-based approach. In order to operationalize such an approach, a methodology is proposed in this paper that draws on phylogenetic approaches that have been successfully developed for biological evolution. The technique and process provide an insight into the lineage, pace and impact of external conditions on the evolution of risks. They also provide a unique and rational classification of risk in an enterprise that can be used to optimize risk management resources. An example of a fictitious insurance company is used to illustrate the approach. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: These are the meeting minutes from the Eastern Spring Meeting held in Philadelphia, PA on April 10-11, 1958.

Description: This section contains book reviews and summarizes recent publications: 'Rights of Creditors in Life Insurance Policies' by Schwarzschild, 'Savings Bank Life Insurance' by Johnson, 'Transferability of Public Employee Retirement Credits among Units of Government' by Advisory Commission on Intergovernmental Relations, 'State and Private Pension Schemes in the European Economic Community and the United Kingdom' by Ratcliff, 'Surplus in British Life Assurance' by Cox and Storr-Best, 'Psychiatric Insurance - Financing Short-Term Ambulatory Treatment' by Avnet. Some digests are also included.

Description: From the 1986 Transactions Vol. 38, this document is the minutes of the Regional Meeting of the Society of Actuaries, held in Kansas City June 12-13, 1986.

Description: Servant leadership article in the series.

Description: A real life situation is posed involving a management challenge between 3 actuaries. Readers are invited to submit their responses to "What Would You Do?"

Description: Based on a decades-long study, honesty is the most important quality in a leader. This article addresses ways to establish trust with their co-workers.

Description: The author shares a template for how to ensure speaking leads to business and career opportunities.