CIA (e)Bulletin/(e)Bulletin de l'ICA
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March 2017
 
 

New Projects for the Member Services Council

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By Marie-Hélène Malenfant, FCIA

Over the past few months, the Member Services Council (MSC) has taken on several new projects, including the CIA’s scholarship and grants programs, changes to CIAnet, a new guide for council liaisons, and submissions to governments.

Graduate Scholarship and Academic Research Grant Programs

The CIA Graduate Scholarship Program (GSP) was established to promote research and/or graduate-level coursework in actuarial science, and to accelerate the transfer of new technology and original knowledge to the industry. This year, the GSP provides three scholarships of up to $10,000 to both part- and full-time students who are considering applying for eligible master’s programs in Canada. Last year, the GSP received eight applications and provided two grants.

As of February 28, 2017, the MSC is responsible for the Graduate Scholarship and the Academic Research Grant Programs. This change comes as a result of an operational review by the Eligibility and Education Council (EEC), which previously managed the scholarship. Since the GSP is considered a member service and may have direct ties to the MSC’s Academic Research Grant Program, the EEC recommended to the Board that the scholarship awards be moved under the direction of the MSC, to be administered as the MSC sees appropriate. The Academic Research Subcommittee of the Research Committee will be involved in the work leading up to the awarding of scholarships and grants each year and will recommend recipients to the MSC, which will then approve them. If you are interested in applying for the Graduate Scholarship Program, please contact Les Dandridge, director of communications and public affairs, at les.dandridge@cia-ica.ca. The deadline for applications is March 31, 2017.

CIAnet

In September 2016, the MSC discontinued the paid subscription option to the CIAnet for non-members of the Institute and those subscriptions will not be renewed as they expire. The MSC also restricted the complimentary subscription to CIAnet to university students and academics. Further, on February 28, 2017, the MSC approved a motion to restrict all CIAnet members from using any material that they may have access to, as a result of their subscription, for commercial purposes.

Access to Archived Meeting Materials

Access to CIA meeting materials, including presentation materials, audio recordings, and written transcripts have been restricted to CIA members and any non-members who attended a particular meeting. These materials are available on the CIA website under the Professional Development>Meeting Archives menu. Please note that members must be logged in to access them.

New Liaison Guide

On December 13, 2016, the MSC approved a revised version of the Council Liaison Guide that describes the role, responsibilities, and duties of those who serve as liaisons on CIA committees/councils. The MSC has sent the guide to the other council chairs for feedback. We will inform members when the new version is published on the CIA website.

Emerging Practices

As a key focus area of the current strategic plan, work is progressing to promote emerging practices. The Emerging Practices Committee, chaired by Claude Ferguson, has identified initiatives for 2017 to help meet its objectives. A recent (e)Bulletin article describes the committee’s activity. This year, the CIA has also set up a media campaign focusing on big data and predictive modelling, which went live on February 27, 2017. Last year’s campaign focused on healthcare as an emerging practice area.

Submissions

The CIA developed and sent two submissions in the past few months, approved by the Public Statements Committee. The first was to the Saskatchewan Financial and Consumer Affairs Authority regarding a revised proposed regime for negotiated costs pension plans made on December 19, 2016.

The second submission was by the CIA Pension Advisory Committee (PAC) on a consultation regarding the potential expansion of the Québec Pension Plan (QPP). PAC members Jacques Lafrance and Mario Marchand presented the CIA’s response to the Québec National Assembly Committee on Public Finance on Friday, January 20, 2017. The presentation was streamed online and members who are interested in watching it can do so by clicking the webcast link.

Stay tuned to learn more about our projects and initiatives!

Marie-Hélène Malenfant, FCIA, is Chair of the Member Services Council.

 

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