About CRUSAP
Task force
Advisory panel
Reports
Surveys
Links
About CRUSAPTo spearhead its Critical Review of the U.S. Actuarial Profession (CRUSAP), The American Academy of Actuaries established a presidential task force in mid-2005. The CRUSAP Task Force was asked to identify risks and opportunities facing the American actuarial profession and make recommendations for addressing them. "This evaluation will be far-reaching and in-depth," said CRUSAP Chairperson Fred Kilbourne when the creation of the task force was announced. "We will be relying on people inside and outside of the profession, as well as the other North American actuarial organizations, for input" CRUSAP is using enterprise risk management (ERM) and management consulting techniques in its work. The CRUSAP effort has been financed and staffed by the Academy as a service to the U.S. profession. The Academy's sister organizations — the American Society of Pension Professionals and Actuaries (ASPPA), the Casualty Actuarial Society (CAS), the Conference of Consulting Actuaries(CCA), and the Society of Actuaries (SOA) — have been supportive of the CRUSAP project. Each of these organizations’ presidents and presidents-elect sits on the Academy Board of Directors. The projectThe task force gave early attention to identifying the actuarial needs of the public and determining whether or not those needs are currently being met, by actuaries or others. The task force also identified and evaluated the needs of direct users of actuarial services, and of actuaries themselves. The scope of the study was then narrowed to risks and opportunities that met two criteria: they were highly significant and they were susceptible to change. Finally, CRUSAP provided its recommendations to those who were in a position to implement them. "Our goal is to ensure that opportunities to expand and strengthen the profession are seized and that problems are prevented from becoming crises," said former Academy President Robert Wilcox in May 2005, when he announced that the Academy was establishing the task force. The peopleThe task force appointed an advisory panel to help guide CRUSAP's research and analysis. The panel of distinguished experts includes actuaries who practice in each of the major specialty areas, members of each of the national U.S. actuarial organizations, academics familiar with the actuarial profession, and non-actuaries who are recent or potential users of actuarial services. Project Manager Mindy Reiser has coordinated CRUSAP's efforts and has helped direct its research and analysis. Formerly a senior consultant at a research, statistical, and information technology firm near Washington, D.C., she has a doctorate in social policy from Brandeis University, as well as master's degrees in international affairs and journalism from Columbia University. The Academy's executive director, Kevin Cronin, has also given considerable attention to CRUSAP's efforts, and other Academy staffers have provided support to CRUSAP as needed. ReportsOther documents
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