SOA BOG Candidates for 2007

[California]

Originally Posted by kazh

Nooruddin (Rudy) S. Karsan, FSA 1983
Chief Executive Officer Kenexa Corp Wayne, PA Organization Serving Insurance Business

Joseph Paesani, FSA 1988 MAAA 1989
New Venture Marketing Actuary Consulting Actuary

Arthur V. Panighetti, FSA 1986 MAAA 1985
Vice President - Actuary Northwestern Mutual Milwaukee, WI Primary Practice Life Insurance

Sudha Shenoy, FSA1992 MAAA 1990
Actuary II Aetna Primary Practice Health Benefit Systems

Thomas S. Terry, FSA 1976 EA 1979 MAAA 1981 FCA 2001
President CCA Strategies LLC Consulting Actuary Primary Practice Retirement Systems

Jeffrey G. Allen, FSA 1992 FCA 2005
Sr Consultant Towers Perrin Atlanta Consulting Actuary Primary Practice Health Benefit Systems

Van Beach, FSA 2000 MAAA 2000
Senior Consultant Towers Perrin Atlanta Consulting Actuary Primary Practice Life Insurance

Kenneth G. Buffin, FSA 2000 MAAA 1967 FCA 1970 FIA 1973 EA 1976
Buffin Partners Inc Consulting Actuary Primary Practice Finance

Anne M. Button, FSA 1993 EA 1987 MAAA 1990
Deloitte Consulting LLP Consulting Actuary Primary Practice Retirement Systems

William J. Falk, FSA 1975 MAAA 1977 EA 1978 FCA 1982
Principal Towers Perrin Consulting Actuary Primary Practice Health Benefit Systems

Christopher J. Fievoli, FSA 1991 FCIA 1991
Actuary, Individual Life Pricing Manulife Financial Primary Practice Life Insurance

Philip Gold, FSA 2006 FIA 1982 MAAA 1990
GGY AXIS Toronto, ON Canada Software Developer/Vendor Primary Practice Life Insurance

Three of twelve from one firm. I detect a lack of diversity. Did the selection committee feel other candidates were not up to par?

[kazh]

Originally Posted by JeffAllen

...Bruce, your post prompted me to look back at kazh's original posting and I noticed the small oversight that my MAAA 1990 wasn't included. The other designations looked pretty complete. But, despite the small oversight, big thanks to kazh for adding these in the first place!

Sorry about that, my cut & paste skills are imperfect. Your appreciation motivated me to fix it. You're welcome

I find it disturbing that two of the candidates do NOT show MAAA in their directory listings. Explanations?

[bdschobel]

Originally Posted by California

Three of twelve from one firm. I detect a lack of diversity. Did the selection committee feel other candidates were not up to par?

I'm not going to speak for the Nominating Committee, but I also noticed that three out of 12 are from a single firm. That's unusual, for sure.

Bruce

[dhyamamoto]

As a former employee of the organization with three, I notice a subtle difference in candidate's background. Jeff is from the Health and Welfare practice of the company, Bill actually represents both Health and Welfare and their Retirement practice but let's keep him in Retirement for this election and Van is in their Life practice or Tillinghast. One company (and a pretty big company too) but very different backgrounds so it's probably not as bad as it looks.

[bdschobel]

Originally Posted by kazh

...I find it disturbing that two of the candidates do NOT show MAAA in their directory listings. Explanations?

Did you consider that they may be Canadians? Anyway, roughly 23% of SOA members in the United States are not members of the AAA. I find that disturbing (and am trying to fix it through the AAA). All U.S. actuaries benefit from the work of the AAA and should pay their fair share to support it. Free riders are bad!

I have no idea if those two SOA Board candidates are members of the AAA or not, although one for sure is Canadian (Chris Fievoli). But directory information is not infallible.

Bruce

[RDH]

Originally Posted by California

Three of twelve from one firm. I detect a lack of diversity. Did the selection committee feel other candidates were not up to par?

The Nominating Committee would not have the employer of any applicant in front of them as they narrowed it down to the 12 candidates to appear on the ballot. Having three from one firm on the final ballot would be more of a function of having multiple people from one firm apply, and then having some of them be among the top candidates.

[JMO]

Originally Posted by RDH

The Nominating Committee would not have the employer of any applicant in front of them as they narrowed it down to the 12 candidates to appear on the ballot. Having three from one firm on the final ballot would be more of a function of having multiple people from one firm apply, and then having some of them be among the top candidates.

Yes, and also it indicates an employer who is extremely supportive of volunteerism by its employees. Not all employers are willing and able to have their employees spend the amount of time (and travel) required for serving on the board.

[bdschobel]

Originally Posted by dhyamamoto

As a former employee of the organization with three....

So, what are you saying, it's really four?

I agree that it's nice to see an actuarial employer allowing three employees to run for the SOA Board. There is a large time commitment involved. The travel expense is paid by the SOA, however.

By the way, a much smaller consulting firm has three employees on the AAA Board. That hasn't been a problem.

Bruce

[exactuary]

Originally Posted by RDH

The Nominating Committee would not have the employer of any applicant in front of them as they narrowed it down to the 12 candidates to appear on the ballot. Having three from one firm on the final ballot would be more of a function of having multiple people from one firm apply, and then having some of them be among the top candidates.

So, Dale, it is really a function of how many threw their hats in the ring. Can you give us a quick summary of how many threw their hats into the EBM pool and how, briefly, you were able to reduce it to 12?

[RDH]

The SOA has a decent synopsis of the process on the website:

http://www.soa.org/leadership/electi...t-process.aspx

The EBM pool started out at around 25 - 30 people this year. It was a lower number than last year - around 35 last year if I recall correctly.