Stephen Alpert has begun his term as president of the American Academy of Actuaries. He succeeds 2016–2017 president Bob Beuerlein.

Alpert was appointed to the post during a ceremony at the Academy's 2017 Annual Meeting and Public Policy Forum in Washington, D.C. on Tuesday.

Alpert's speech outlined his goal for the next year of his one-year term as "increasing the public's perception of the actuarial profession as a vital, necessary, and valuable part of the social fabric."

Alpert went on to discuss how the professional roles and ethical responsibilities of actuaries in the United States are made more important by the societal impact of actuarial work.

Objective, evidence-based info

"By providing objective, evidence-based information, actuaries help assure the public that financial security programs' promises of future payments are fairly made and can be relied upon when and if they are needed," Alpert said.

(Stephen Alpert at right. Photo courtesy of American Academy of Actuaries)

The new president concluded his speech by reminding the audience of the need to fulfill the actuarial profession's responsibility to the public and uphold the industry's reputation.

Alpert is an actuary specializing in retirement and pension issues. He has been an Academy volunteer since 2000 and has held a number of volunteer positions, including chairperson of the Academy's Public Interest Committee and of the Committee on Strategic Planning.

The American Academy of Actuaries is a 19,000-member professional association based in Washington, D.C., whose mission is to serve the public and the U.S. actuarial profession.

Professional standards

Academy members are made up of consultants, corporate executives and staff, regulators, government officials, academicians and retired actuaries. The Academy assists public policymakers and sets qualification, practice and professionalism standards for actuaries in the United States.

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