Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS...
-
Upload
adrian-taylor -
Category
Documents
-
view
216 -
download
1
Transcript of Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS...
![Page 1: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/1.jpg)
Actuarial Association3rd General Meeting
10/18/20132:00 pm – 3:00 pm Sobel Room
SOA vs CASExcel Workshop (Pivot Tables)
Social Events
![Page 2: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/2.jpg)
![Page 3: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/3.jpg)
![Page 4: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/4.jpg)
![Page 5: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/5.jpg)
VS
![Page 6: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/6.jpg)
Actuaries Consulting Insurance
•Client•Strict deadlines•Billable hours•Group•Overtime
•Company•Set work hours•Seasonal •Rotation•Individual
![Page 7: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/7.jpg)
Comparison
![Page 8: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/8.jpg)
Society of ActuariesSociety of Actuaries
![Page 9: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/9.jpg)
1889: Actuarial Society of America 1909: American Institute of Actuaries 1949: Society of Actuaries
Formation
![Page 10: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/10.jpg)
Largest professional actuarial organization
worldwide Multiple lines of business Committed to Education, Research and the
Actuarial Profession Mission Statement: The SOA, through research
and education, advances actuarial knowledge and improves decision making to benefit society.
General
![Page 11: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/11.jpg)
Life Insurance
Plays central role in modeling and managing company products that provide long-term financial protection
Health Insurance Performs actuarial analysis which provides
information to one or more decision markers in the health care marketplace
Pension Ensures that clients are in compliance with law,
calculating the employer’s liability for the defined benefit pension plan and determining contribution
Lines of Business
![Page 12: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/12.jpg)
Membership
Associate of Society of
Actuaries (ASA)
Associate of Society of
Actuaries (ASA)
Chartered Enterprise Risk Analyst (CERA)
Chartered Enterprise Risk Analyst (CERA)
Fellow of the Society of
Actuaries (FSA)
Fellow of the Society of
Actuaries (FSA)
![Page 13: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/13.jpg)
ASA
![Page 14: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/14.jpg)
FSA
![Page 15: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/15.jpg)
CERA
![Page 16: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/16.jpg)
Salary (Life/Health)
![Page 17: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/17.jpg)
Salary (Pension)
![Page 18: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/18.jpg)
Casualty Actuarial Society
![Page 19: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/19.jpg)
BRIEF HISTORY
F
ounded in 1914
O
riginally called Casualty Actuarial and Statistical Society
F
irst primary involved in workers compensation insurance
E
ventually progressed to property-casualty
B
egan with 97 members
![Page 20: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/20.jpg)
GENERALP
roperty and Casualty
L
iability insurance
G
eneral Insurance system of risk financing to protect
purchaser
G
oal: The advancement of body of knowledge of actuarial science
applied to property, casualty, and similar risk exposures.
![Page 21: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/21.jpg)
LINES OF BUSINESS
P
rivate Passenger Auto
C
ommercial General Liability
M
edical Malpractice
W
orker’s Compensation
I
nnovation
![Page 22: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/22.jpg)
COMPANIES
![Page 23: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/23.jpg)
MEMBERSHIP
Associate of Casualty Actuarial
Society (ACAS)
Chartered Enterprise Risk Analyst (CERA)
Fellow of Casualty Actuarial Society
(FCAS)
![Page 24: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/24.jpg)
EXAM STRUCTURE
![Page 25: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/25.jpg)
EXAM STRUCTURE
![Page 26: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/26.jpg)
EXAM STRUCTURE
![Page 27: Actuarial Association 3 rd General Meeting 10/18/2013 2:00 pm – 3:00 pm Sobel Room SOA vs CAS Excel Workshop (Pivot Tables) Social Events.](https://reader036.fdocuments.net/reader036/viewer/2022062515/56649ce05503460f949a9b78/html5/thumbnails/27.jpg)
SALARY