This regular column in Actuarial Update highlights the ASB’s work and other important professionalism issues.

Actuaries practicing in the United States must complete 30 hours of relevant continuing education (CE) each year to satisfy the requirements of the U.S. Qualification Standards (USQS). As we hit the middle of the year, we encourage you to take stock of the CE you’ve earned so far and make sure that it has been properly recorded. (Actuarial Update, June 2019)

Are you experienced? The May “Professionalism Counts” reviews experience requirements for actuaries, including basic and continuing education. (Actuarial Update, May 2019)

Read a roundup of the professionalism resources—from publications and webinars to the Actuarial Standards Board and Actuarial Board for Counseling and Discipline—that are available to Academy members at your fingertips. (Actuarial Update, April 2019)

Promoting actuarial professionalism is essential to the Academy’s mission. Our speakers bureau has had significant success in providing professionalism education across the United States—to actuarial clubs, large employers, and university venues to deepen the understanding of what “professionalism” means in our self-regulating profession. (Actuarial Update, March 2019)

The Actuarial Standards Board has released a fourth exposure draft of a proposed new actuarial standard of practice (ASOP) titled Modeling. The proposed ASOP will provide guidance to actuaries in any practice area when performing actuarial services with respect to designing, developing, selecting, modifying, or using all types of models. (Actuarial Update, February 2019)

Academy volunteers and interested parties must provide annual acknowledgement of their commitment to objectivity and the Academy’s Conflict of Interest (COI) Policy and continuing education requirements, writes Art Panighetti, vice president of the Council on Professionalism. (Actuarial Update, January 2019)

In a Q&A, outgoing Actuarial Board for Counseling and Discipline (ABCD) Chairperson Rick Block discusses the changes he has seen in six years on the board, including the past two as chairperson, and how the ABCD’s investigative and request for guidance processes work. (Actuarial Update, December 2018)

The ABCs (and D) of CE

November 2018

The continuing education (CE) requirements under the Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States (the USQS) apply to all actuaries in the U.S. that issue SAOs, and most do. As we approach year-end, a quick review of the ABCs (and D) of CE may help. (Actuarial Update, November 2018)