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

Time for a CE Check

September 2019

The September “Professionalism Counts” column, “Time for a CE Check,” looks at the continuing education (CE) requirements under the Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States that apply to all actuaries in the U.S. that issue SAOs, and how to best meet those requirements as the year draws to a close. (Actuarial Update, September 2019)

Courtesy and Cooperation—The courtesies actuaries extend to each other as professionals are an important element of the cooperation laid out in Precept 10 of the Code of Professional Conduct. (Actuarial Update, August 2019)

As members of a self-regulating profession, actuaries follow the actuarial standards of practice, the U.S. Qualification Standards, the Code of Professional Conduct—and the Code’s Precept 13, which states that if you think another actuary may have violated the Code, you are required to act. This Precept is essential to our profession. (Actuarial Update, July 2019)

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)