Insurance consulting actuaries deal with some professionalism issues that are common to all actuaries and other issues that are related to their work with the insurance industry. This audiocast will attempt to cover the spectrum, with emphasis on those concerns that are unique to insurance consulting actuaries.

The presenters will bring three different perspectives to this broad category of consulting actuaries.

1. The life practice area has many ASOPs that apply to it, and these practices have evolved over time as technology improves, products change, and new tools become available. This section of the audiocast will discuss some practical issues to implementing the standards of practice in today's environment.
2. Professionalism issues related to ratemaking and reserving in the property & casualty area will be discussed, and how the ASOPs come into play in these core actuarial areas. The ASOPs that will be covered are those that directly relate to these areas as well as others that are more general in nature (e.g., data quality and communications).
3. Enterprise risk management is an emerging practice area within the actuarial profession. How do the standards of practice and code of conduct fit into work done in this type of situation? A short case study will expose some of the issues and potential solutions to these questions.

Speakers