Based on a late 19th century analysis, life insurance premiums were once differentiated by race, with Blacks/African Americans experiencing higher rates than for whites. Over time, the actuarial profession has had increasing focus on professionalism and responsibility to the public, and today all members of the five actuarial organizations based in the U.S. are subject to the Code of Professional Conduct. Come engage in interactive discussion about how Precept 1 might help current actuaries avoid bias in our work, including when thinking about risk classifications and dealing with new technologies.
By attending the session, you will be able to:
• Understand the importance of Precept 1 in our self-governing profession.
• Think about prevailing conventional wisdom and potential bias in your current work.
Register today to participate in this interactive discussion and get USQS CE credit for both “professionalism” and the new "bias topics" requirements.