Description: Discusses the growing and evolving field of pricing and valuing stock option plans, and makes the case that actuaries are the professionals best qualified to serve clients in the field.

Description: Like Haley Joel Osment in "The Sixth Sense," we actuaries sometimes see things that others can't. As Social Security reform moves through Congress, and as the topic gets hashed out in the editorial pages of our daily newspapers, many of us actuaries find ourselves muttering over our morning coffee about the ignorance of the non-actuarial community. In fact, just this morning I overheard one such actuary at my local coffee shop. He seemed agitated, as he chugged down his second venti latte. The Wall Street Journal's editorial page trembled in his hands. From The Actuary Magazine February 2005