Actuarial Evidence and Appointed Actuary Seminars

AE Seminar 2015

Participants at the 2015 Actuarial Evidence Seminar (l) and Seminar for the Appointed Actuary (r).

September featured two CIA seminars: the Actuarial Evidence Seminar and the Seminar for the Appointed Actuary.

This year, over 50 people attended the Actuarial Evidence Seminar in Québec City. The seminar featured a variety of sessions covering a wide-range of topics, from an overview of Canada’s auto insurance system to an assessment of employability in a litigation context.

One interesting session examined pension double-dipping upon marriage breakdown—that is, a situation where a pension, once equalized as property, is also treated as income from which the pension-holding spouse must make spousal support payments.

A week later, over 300 people attended the Seminar for the Appointed Actuary in Montréal. Participants heard speakers discuss numerous issues, including the ways public transparency requirements affect the actuarial methods that can be used and still understood, changes to modelling and practice, disruptive technologies, and hazards maps and flood modelling.

Dan Roam, keynote speaker and best-selling author of The Back of the Napkin: Solving Problems and Selling Ideas with Pictures, gave an entertaining and informative talk on solving strategic problems with pictures. Roam stressed that "pictures have a miraculous power of communication" and "whoever best describes the problem is the one most likely to solve it." Certainly, many actuaries in the room might have been skeptical of Roam’s claim that "it is impossible to process 1,447 pages of text and material", since that is approximately the amount of material covering one actuarial exam. Nevertheless, participants were very receptive to Roam’s creative approach to communication through pictures.

The Committee on Continuing Education, chaired by Deborah McMillan, continues to plan top-notch programming for CIA members each year through the AE and AA Seminar, the Pension and Investment Seminars, the Annual Meeting (which is in St. John’s next June), and monthly webcasts. The committee and CIA staff greatly appreciate members’ support and attendance at CIA events.

In 2016, both the Actuarial Evidence Seminar and the Seminar for the Appointed Actuary will take place in Toronto.

Canadian Institute of Actuaries/Institut canadien des actuaires
http://www.cia-ica.ca/