Vision - Casualty Actuarial Society视觉-意外精算学会

Data/Technology3-DataManagementPanelDiscussionCASRatemakingSeminarMarch2005PanelistsJasonL.Russ,ConsultingActuary,Milliman,Inc.MichaelL.Toothman,ConsultantActuarial&RiskConsultingServicesPeterMarotta,Principal,ISOGaryKnoble,VicePresident,TheHartfordDataManagementandtheActuaryAnABCDPerspectiveMichaelL.ToothmanTheRoleoftheABCDConsidercomplaintsCounselActuariesRecommenddisciplinaryactionRespondtorequestsforguidanceMediateissuesTheRoleoftheABCDConsiderComplaints–ConductInvestigations–HoldHearingsTheRoleoftheABCDCounselActuariesAprimaryrolefortheABCDPossibleresultatseveralpointsintheABCDprocess–Inlieuofaninvestigation–Aftertheinvestigation–AfterahearingTheRoleoftheABCDRecommendDisciplinaryActionOnlytheparticipatingorganizationshaveauthoritytodisciplinetheirmembersOccursinwellunder5%ofABCDcaseTheRoleoftheABCDRespondtoRequestsforGuidance–Over50%ofABCDcases–KeyfunctionoftheABCDTheActuary’sResponsibilityComplywithCodeofConductComplywithQualificationStandards(bothgeneralandspecific)ComplywithStandardsofPracticeTheActuary’sResponsibilityPrecept1:AnActuaryshallacthonestly,withintegrityandcompetence,andinamannertofulfilltheprofession’sresponsibilitytothepublicandtoupholdthereputationoftheactuarialprofession.RealLifeIssuesABCDclassifiescasesasPracticeConductMajorityofcasesareconductissuesVeryfewcaseshaveinvolveddataqualityCodeofProfessionalConductCodeofProfessionalConductProfessionalIntegrity-Precept1QualificationStandards-Precept2StandardsofPractice-Precept3CommunicationsandDisclosure-Precepts4,5,and6ConflictofInterest-Precept7ControlofWorkProduct–Precept8CourtesyandCooperation–Precept10Advertising–Precept11Confidentiality–Precept9TitlesandDesignations–Precept12ViolationsoftheCodeofProfessionalConduct–Precepts13and14TheCodeofProfessionalConductidentifiestheprofessionalandethicalstandardsrequiredofactuarieswhobelongtotheAcademy.TheSOA,ASPA,theCAS,andtheCCAhaveadoptedidenticalcodes.ABCDCaseResolutionABCDcasesconsideredduring2003:TypeofCasePendingfrom2002andEarlierReceivedin2003TotalConduct12315Practice5510Conduct&Practice314RequestsforGuidance13132Total214061CasesbyPracticeAreaPendingfrom2002andEarlierReceivedin2003TotalCasualty2810Health268Life5712Pension121931Total214061ABCDCaseResolutionABCDcasesconsideredduring2003:CASESCLOSEDActionbyIndividualABCDmembersRepliedtorequestsforguidance30Mediated1DispositionbyChairpersonandViceChairpersonsDismissed4(ReferredtoInvestigatorsin2003—4)DispositionbyWholeABCDafterinvestigationDismissed3Dismissedwithguidance2Counseled2Counseledafterhearing2Recommendedsuspension1Total45CASESINPROGRESS(asof12/31/03)Pendinginvestigation7Pendinghearing1Pendingreceiptofmoreinformation6RequestforGuidancepending2Total16ABCDCaseResolutionSinceitsinceptionin1992,theABCDcompleteditscasesasfollows:Dispositions199219931994199519961997199819992000200120022003TotalDismissed12249118111310520167146Dismissedwithguidance6103__5152854251Counseled__281625__232435Mediated311________1__4__111Recommendedprivatereprimand________________11____2Recommendedpublicdiscipline__12__3__1__3____111Repliedtorequestsforguidance888102831223136214730280Total294631225045464455546945536INSURANCEDATAMANAGEMENTASSOCIATION(IDMA)PeterMarottaWhoAreWe?IDMAisanon-profitprofessionalassociationadvancingdatamanagementthrougheducationTimelineEstablishedMarch14,1984FirstannualmeetingDecember10,1985April1990–firstgraduatesreceivedprofessionaldesignationsJanuary2005:•CIDMs:119•AIDMs:121MissionandPurposePromoteprofessionalismintheDataManagementdiscipline,principallythrougheducationCreateandmaintainacurriculumfordevelopingdatamanagementprofessionals,testprofessionalproficiency,andprovideprofessionalcertificationMissionandPurposeProvideaforumforthediscussionofinsurancedatamanagementissuesThefocusofsuchdiscussionsisonthesatisfactionofinsurancedataneedsinamannerthattakesadvantageofcurrenttechnologyandisefficientandconsistentwithdataqualityMembershipStatisticalAgentsRegulatorsThirdPartyAdministratorsConsultantsProperty&CasualtyInsurersLifeInsurersTradeAssociationsTechnologyVendorsAssociationsSocietiesFunctionsRepresentedAccounting/financeDataadministrationActuarialOperations/administrationClaimsStatisticalDataprocessingDataqualityUnderwritingProductdevelopmentProductsandPapersDataManagementValuePropositionsMonthlydatamanagementbulletin(EDMIS)DataQualityCertificationModelWhitePaperonDataQualityRecommendedStepsforLegislatorsandRegulatorstoFollowinIssuingDataRequestsWhitePaperonRecommendedStandardsforInjuryCodingInventoryofCarrierReportsCo-sponsor,withtheCasualtyActuarialSociety(CAS),anacademicpapercompetitionCurriculumTheAIDMdesignationrequirespassageoffourIDMAexaminationsTheCIDMdesignationalsorequiresthepassageofcourseworkfromoneoffourorganizations-CPCU,LOMA,SOFEorCASIDMACourses:InsuranceDataCollectionandReporting(IDMAI)Thecourseaddressesthecoreofmostdatamanagers'responsibilities,thecollectionandreportingofstatisticalandfinancialinsurancedata.InsuranceDataQuality(IDMA2)Thecourseupdate