Professionalism - Managing Litigation Risk (Documentation and Management)
November 14, 2012 12:30 PM - 1:45 PM
Mistakes happen, but how an Actuary maintains their files and how they manage their mistakes once they are identified is critical in managing litigation risk. This audiocast includes a discussion by an ERISA attorney and Actuary. Discussion topics also include documenting your work, records to maintain in your files, steps to take when a mistake is made, how to communicate mistakes and facilitate their correction. Real-life situations are discussed as examples.
Session Category: Professionalism
Credits: EA Core: 1.50 CPD: 1.50