Functional Safety and Cyber Security International Standards Update
This update covers various international standards related to functional safety and cyber security, including protocols like CSMA/CD, CSMA/CA, TSN, as well as standards for safety engineering tools and safety modules. It also highlights the collaboration with BSI standards for developing industry st
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Overview of Internal Audit Standards and Accounting Standards
This content provides an overview of internal audit standards and accounting standards, emphasizing the importance of continuous professional development and updating in the field. It covers various accounting standards, including disclosures, valuation, revenue recognition, and more. Additionally,
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Overview of Human Factors and Automotive Standards YouTube Series
This YouTube series, led by Paul Green from the University of Michigan, covers human factors and automotive standards. It includes topics like introduction to standards, core human factors standards, automotive human factors standards, human-computer interaction standards, and SAE vehicle standards.
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Milliman Global Actuarial Initiative (GAIN)
The United Nations Development Programme (UNDP) and Milliman Global Actuarial Initiative (GAIN) are working together to enhance the actuarial profession in developing nations, fostering economic stability, and growth. The initiative aims to promote risk protection mechanisms through insurance contri
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First Year Information Night for Statistics and Actuarial Science (SAS)
Meet your Statistics and Actuarial Science advisors - Emily Kozlowski and Riley Metzger. Learn about the roles of advisors in signing course override forms, plan modification forms, and providing program-related guidance. Find out how to get help from an advisor and explore the field of Statistics.
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Actuarial Best Practices and Challenges in Policy Management
Explore the complexities of testing in-force policies, historical data analysis, projection methodologies, model governance, handling difficult situations, and enhancing actuarial models. Learn techniques to ensure data accuracy, manage policy performance, and address common industry challenges effe
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Capacity Building Webinar on Retirement Benefits: Module 2 - Defined Benefit Pension
Chitra Jayasimha and speakers like Kishore Singh and Jayesh D. Pandit will lead a webinar on Defined Benefit Pension focusing on government sector pensions, actuarial aspects, and calculations. Chitra, with vast experience in actuaries and benefit consulting, brings knowledge from various countries.
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Milk and Milk Products: Regulations and Standards in India
The regulations and standards for milk and milk products in India are governed by national bodies such as PFA, AGMARK, BIS, and FSSAI. Legal standards set by the government ensure minimum requirements for quality, composition, hygiene, labeling, and packaging. Quality standards, like BIS and Agmark,
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Unveiling Behavioral Economics for Actuarial Enhancement
Delve into the realm of behavioral economics to refine actuarial skills with insights from examples and thought-provoking scenarios. Explore cognitive biases, the Halo Effect, and probability paradoxes illustrated through engaging images and explanations drawn from Daniel Kahneman's book "Thinking,
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Tanzania Bureau of Standards: Managing E-Waste with Standards
Tanzania Bureau of Standards (TBS), established in 1975, plays a vital role in formulating and implementing national standards, including those for managing e-waste. Standards ensure quality, safety, and sustainability in materials, products, and services. TBS follows international best practices in
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Actuarial Insights into Retirement Benefits Seminar
Delve into the intricacies of retirement benefits and pension plans at the "19th Seminar on Current Issues in Retirement Benefits". Gain valuable insights into traditional and special actuarial projects, funding valuations, accounting considerations, and regulatory compliance. Explore the evolving l
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The Actuarial Association of Europe and Its Risk Management Committee
The Actuarial Association of Europe (AAE) was established in 1978 to represent actuarial associations in Europe and provide independent advice on actuarial issues. AAE's vision is for actuaries throughout Europe to be recognized as leading advisers in financial services, risk management, and social
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Optimized Standards for Medical Device Safety and Performance in the EU
This report discusses the importance of harmonized standards in supporting the safety and performance of medical devices in the EU. It highlights the impact of drafting international medical device standards on EU legislation harmonization and emphasizes the role of harmonized standards under the EU
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ANSI C12.1 Overview and Current Events
ANSI C12.1 standards are integral to the electric metering industry. The standards, managed by the American National Standards Institute (ANSI) and NEMA, promote voluntary compliance. NEMA plays a crucial role as the secretariat, overseeing committees that propose and review standards every five yea
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Long-Term Care Framework Overview
This content discusses the Long-Term Care (LTC) Framework, including the incorporation of Uniform Standards tied to NAIC Model Law and Regulation, scope of reviewed products, coverage of LTC policies and rate schedules, and LTC Rate Review overview focusing on rate stability and actuarial requiremen
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Challenges in Actuarial Risk Assessment Precision and Bias
The discussion revolves around the precision and bias found in Actuarial Risk Assessment Instruments (ARAI), highlighting concerns about their effectiveness and ethical implications. Various perspectives are presented, pointing out flaws in the existing data and the wildly imprecise nature of indivi
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Understanding the Actuarial Career and How to Become an Actuary
Actuaries play a crucial role in solving complex financial issues in various sectors such as insurance, banking, and government. This career path requires passing a series of exams focusing on probability, financial mathematics, and risk management. By mastering these concepts, individuals can work
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Overview of Moroccan Association of Actuaries: History, Ecosystem, and Achievements
The Moroccan Association of Actuaries plays a vital role in the actuarial landscape of Morocco, with a rich history dating back to the launch of an actuarial program at INSEA. The association has been instrumental in shaping the insurance and financial sectors in Morocco, including advocating for ba
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Actuarial Pricing of Export Credit Insurance Seminar Overview
This seminar delves into the challenges of pricing export credit insurance, covering topics such as risks covered, product issues, underwriting standards, and pricing approaches. It highlights the importance of actuarial standards in this field and discusses the agenda for addressing future challeng
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Insights on Professionalism, COVID-19, and Actuarial Decisions
Explore key topics discussed in the CAS Spring 2021 meeting, including the impact of COVID-19 on insurance operations, antitrust regulations, legal disclosures, and recent changes in actuarial principles. Discover insights on pandemic-related disruptions, regulatory impacts, and challenges faced by
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Exploring the Path to Becoming an Actuary
Dive into the world of actuarial science, understanding the role of actuaries in analyzing and managing risk. Learn about the structure of actuarial departments, areas of practice, and the classes you should take to pursue this career. Explore the responsibilities and expertise required in fields su
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Actuarial Science Major Information Session at SMU
The Actuarial Science Major Information Session at SMU is an opportunity for students interested in mathematics and careers in actuary, finance, insurance, and risk management. The program offers two tracks - Actuarial Analyst (AA) and Risk Analyst (RA) - structured after the education framework of
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Actuarial Internship Exploration Tips & Strategies
Explore valuable tips for securing an actuarial internship, including researching the profession, passing key exams, excelling at Kansas State, finding hiring companies, preparing application materials, interviewing effectively, negotiating offers, and succeeding as an intern.
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Actuarial Society of the Philippines Overview
The Actuarial Society of the Philippines (ASP) was established in 1961 and has grown to become the only national association of actuaries in the Philippines. ASP members work in various sectors such as life insurance, health care, and social security. The society plays a crucial role in educating ac
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Professionalism and Ethics in Actuarial Practice
Explore the significance of professionalism and ethics in the actuarial profession, discussing the expectations and conflicts faced by professionals, the importance of adhering to standards, and the nuances of different types of statements made in the field. The content emphasizes the responsibiliti
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Career Insights in Actuarial Mathematics
A comprehensive overview of pursuing a career in actuarial mathematics, covering educational pathways at Vanier College and Concordia University, job responsibilities, required skills, work conditions, and key characteristics of the profession. Actuaries utilize math and statistics to analyze risks,
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Practical Tips for Year-End Reserving Analysis in General Insurance
Practical insights on enhancing reserving analysis in general insurance, stressing the significance of sound processes despite time constraints. Emphasizes selecting patterns, real versus expected reserving over time, useful diagnostics, and effective communication of results. Reminds not to rely so
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Applying Actuarial Thinking to Public Sector Politics by Phil Doggart
Explore the insights shared by Philip Doggart in "Applying Actuarial Thinking to Public Sector Politics," focusing on the campaign, election process, door-to-door interactions, election strategies, results analysis, and aftermath of the General Election 2016.
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Actuarial Science Club First Meeting Overview
Actuarial Science Club's first meeting covered introductions of club officers, discussions on actuarial science topics, upcoming events, exam information, and the benefits of pursuing a career in actuarial science. The meeting also highlighted social events, volunteer opportunities, and the mentor p
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GASB 68 Reporting and Actuarial Valuation Comparison
GASB 68 reporting as compared to the 2015 actuarial valuation focused on the implementation of GASB 68 for financial statements, including the reporting of entities like the Bay County Employee Retirement System and Bay-Arenac Behavioral Health. The process involved providing information on pension-
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Actuarial Perspective on Value Added Benefits in Indian Health Insurance
Explore the viability and customer benefits of value added benefits in health insurance from an actuarial perspective at the 28th India Fellowship Seminar. The Indian healthcare industry's growth prospects, policy support, and the role of health insurance are discussed, highlighting the opportunitie
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NUSSC 57th Meeting - End of Term Report & Safety Standards Update
The 57th Meeting of the Nuclear Safety Standards Committee (NUSSC) concluded its 9th term with significant achievements including the approval and publication of multiple safety standards. Key highlights include the development of new standards such as SSG-3, SSG-88, SSG-89, and SSG-90 focusing on v
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Role of Statistical Standards in Building National Data Backbones
The role of statistical standards in constructing national data backbones is crucial for efficient data dissemination and reporting, especially in the context of Sustainable Development Goals (SDGs). Statistical standards guide the orchestration of information flows within a national statistical net
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Development of Harmonized North American Life Jacket Standards
The development of harmonized North American life jacket standards led by Brandi Baldwin in the Lifesaving & Fire Safety Division at the Office of Design & Engineering Standards is a crucial regulatory process. It involves regulatory progress, standards development, consensus processes, and ongoing
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Enhancing Statistics and Actuarial Science Education with Computer Packages
Explore the use of various computer packages for teaching statistics and actuarial science, potential benefits of utilizing proper statistical tools, incorporating data science content for professional exams, and the importance of data science in the curriculum to enhance students' skills in real-wo
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Evolution of Actuarial Science and Emerging Trends
The history of actuarial science dates back to ancient civilizations, with modern developments originating in London's insurance market. Actuarial techniques have progressed from mortality tables to contemporary risk diversification. Throughout the centuries, advancements in statistical modeling and
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Enhancing Teaching Assessment for Actuarial Education
Exploring the transition of assessment practices from online to in-person settings, this presentation by Diana Skrzydlo at the Actuarial Teachers and Researchers Conference delves into the purpose of assessment, key principles, and activities for effective evaluation. Discover insights on diagnostic
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Health Data Interchange Standards Overview
Explore the importance of data standards in healthcare, including HL7 standards, core requirements for data exchange, and choices for data interchange. Learn about HL7 v2 and v3 messaging standards, document standards, and the benefits of using HL7 v2 messaging standard. Understand why data intercha
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Highlights from California Actuarial Advisory Panel's Joint Committee Hearing on January 10, 2018
The joint committee hearing on January 10, 2018, discussed the role and accomplishments of the California Actuarial Advisory Panel (CAAP) in providing impartial information on pensions and postemployment benefits to public agencies. The CAAP's work includes historical models, funding policies, and r
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Professional Standards in Actuarial Reserving: A Case Study Analysis
A case study presentation on actuarial reserving, focusing on maintaining professional standards, addressing factors influencing reserves, regulations, and conflict of interest. The Finance Director's suggestion to lower reserves for better company profits is examined, along with implications on com
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