Welcome IAA Officers 2017

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2 Welcome IAA Officers 2017 President Tom Terry (United States) President-Elect Masaaki Yoshimura (Japan) Immediate Past President Executive Director Malcolm Campbell (Sweden) Mathieu Langelier (Canada)

3 This Morning Introduction to the IAA Tom The IAA in 2017 Tom The week ahead Mathieu

4 The IAA: An Association of Associations Represents 60,000+ actuaries in 110+ countries Numerous practice, professionalism and member development committees 7 Sections 5,000+ Section members 800+ volunteers Formed in Switzerland Based in Canada Latest members: Central America; Ghana and Kazakhstan

5 The IAA s Membership in 1998

6 The IAA s Membership in 2017

7 Our Vision The actuarial profession is recognized worldwide as a major player in the decision-making process within the financial services industry, in the area of social protection and in the management of risk, contributing to the well-being of society as a whole

8 Our Mission The mission of the IAA, as the worldwide organization of actuarial associations, is: to represent the actuarial profession and promote its role, reputation and recognition in the international domain to promote professionalism, develop education standards and encourage research, with the active involvement of its Member Associations and Sections, in order to address changing needs

9 Our Values The IAA adheres to the values of integrity, accountability, transparency, and objectivity when dealing with Member Associations, other stakeholders and the public

10 Our Objectives Relationships with key international audiences Promote development of the profession Expansion of scientific knowledge and skills of the actuarial profession Encourage sound practice and education standards Provide a forum for discussion Improve recognition of the actuarial profession (branding)

11 Our Partners

12 Our Patrons and Observers Patrons Observers

13 Additional Ongoing Relationships

14 Governance and Organization Council Officers Executive Committee Main decision body Full Member associations and Sections entitled to one Delegate each Weighted voting system based on size President President-Elect Immediate Past President Elected by Council to carry out the operational aspects of the IAA; prepare strategy proposals and material for consideration at Council meetings; and monitor the implementation of the Strategic Plan

15 Limited membership committees Governance and Organization Actuarial Standards, Scientific Statutory Committees Executive, Audit and Finance, Nominations Additional Committees Subcommittees Technical Membership/ Development Working Groups Banking, Big Data, Microinsurance, Mortality, Population Issues, Resource & Environment

16 Being Involved in the Work of the IAA Be active and participate in: Meetings Conference calls discussions Volunteer for a range of projects Share your home association s views Report to your home association on IAA work

17 Congresses Congresses: every 4 years (in Congress year, Section Colloquia held in conjunction with Congress) 2018 Berlin 2026 Tokyo 2022 Sydney

18 The IAA Sections Activities Colloquia Meetings to discuss research and its application Shorter events focused on topics of current interest Webinars Other events Lectures and smaller meetings Promotion of research ASTIN Bulletin Other research papers Prizes Networking/ discussion groups E- based access to knowledge database Virtual learning Publications Knowledge systems

19 How We Communicate Distribution lists, conference calls, webinars Annual Report and Newsletters News Releases: to inform external audiences of important IAA initiatives Social Media: IAA Members Website contains: Actuarial E-Library International Events Calendar

20 The IAA in 2017 Message from our President

21 The week ahead Message from our Executive Director

22 QUESTIONS? Moving the profession forward internationally