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National Pension Program Needs a Fresh Start, Says One Actuary

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In Australia, the national Age Pension program is a rough equivalent to the American Social Security system—offering recurring payments to citizens over 65 to support their retirement. But while the country has recently lowered its Age Pension obligations as a percentage of GDP, the government lacks a clear objective for the program and needs to […]

University Changes Will Hurt Actuarial Students

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University programs in financial actuarial mathematics have often hired lecturers who are working members of the field. Versed in the day-to-day realities of the industry, these certified actuaries have provided real-life advice to supplement the more theoretical side of actuarial study. But some math programs, like those at UCLA, are replacing these lecturers with tenured […]

How to Rethink Your Retirement Strategy

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According to a recent Fidelity survey, half of Americans aren’t saving enough to cover their retirement expenses. Many workers don’t have a clear investment plan, aren’t contributing nearly enough per year or underestimate the length of their retirement. So how do you know if you’re on track or if you have a long way to […]

Are Actuaries Introverts?

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Working behind the scenes and managing intense calculations is just part of the day to day work for Actuarial Experts. In her article, “The 20 Best Jobs for Introverts”, Author Melissa Stusinski states, “the actuarial profession frequently appears on job lists as one of the best professions for introverts.” Actuarial professionals are still part of […]

Insurance Companies Seek a New Investment Approach

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With premium rates getting lower (especially in the non-life insurance sector), insurers increasingly rely on their investments to achieve a positive balance sheet. But in the current low interest rate environment, it can be challenging to find investment strategies that yield enough in earnings. That’s why insurers are now turning to asset managers for fresh […]

How to Advance Your Career by Building Trust

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Trust in corporate America is at a historic low. In a recent Edelman survey, a mere 52% of respondents say they trust businesses to do the right thing, and only 32% say that CEOs are a credible source. This distrust often creeps into how we view our co-workers as well. So how can you restore […]

Actuaries Face Liability for Professional Negligence

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Actuaries evaluate risk for a living. But they may not be aware of risks to their own careers and financial well-being, stemming from incorrect assessments or perceived negligence. With service providers like physicians, property surveyors and actuaries now scrutinized more closely by the courts, it’s important to understand the potential liability you face every day. […]

Management Styles of the World’s Greatest Leaders

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Leadership is often hard to quantify. Some leaders rise to power through wealth, others through a consistent vision—but memorable leaders often share a willingness to challenge the status quo. In today’s culture, how does a leader convince thousands or even millions of people to follow them? And how do management skills interplay with leadership skills? […]

Will We Create a Future with No Retirement?

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Sweeping changes in artificial intelligence, automation and social policy are poised to affect how people live, work and manage their finances. As governments in Europe, Asia and Alaska experiment with providing a universal basic income, citizens are considering whether to work less, work more or stay employed well past retirement age. In this environment, what […]