2024 SOA Elections

Professional Actuarial Topics Actuarial Politics
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Voting starts today. (I thought I already saw discussion on this. Maybe I’m misremembering.)

P-E & V-C:
Sharon Giffen, FSA 1984, FCIA 1984 (Endorsed) View Bio
Darryl G. Wagner, FSA 1987, MAAA 1990 (Endorsed) View Bio
David Dillon, FSA 2004, FCA 2023, MAAA 2002 (Endorsed) View Bio

Board Member (5 votes):
Karen L. Anway, FSA 2002, EA 1997 (Endorsed) View Bio
Shoaib Soofi*, FSA 2003 (Endorsed) View Bio
David D. Ingram, FSA 1984, CERA 2007, MAAA 1980 (Endorsed) View Bio
Hassan Scott Odierno*, FSA 2000 (Endorsed) View Bio
David M. Ruiz, FSA 2000, MAAA 1995 (Endorsed) View Bio
Hans J. Wagner*, FSA 1992 (Endorsed) View Bio
Jon Zeu Wu, FSA 1991, CERA 2009, MAAA 1992 (Endorsed) View Bio
Kyle M. Rudden*, FSA 2003, ACAS 2009 (Endorsed) View Bio
David Boettcher, FSA 1987, FCIA 1987, MAAA 1997 (Endorsed) View Bio
Victor Chun Chiu Chen*, FSA 2010, CERA 2013, FCIA 2011 (Endorsed) View Bio

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I’m interested in your thoughts on the candidates.

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Three strong candidates for President: should be an interesting contest.

Served with Sharon on the CIA Board for several years including her year as President: strong leader.

Served with Darryl on the International Section Council as well as on several international task forces: smart guy.

Didn’t serve with Dave but he has a strong resume.

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4

Believe I’ve met only two candidates, both for Board.

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I worked with Jon a long time ago, good guy IMO.

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President doesn’t matter, so I don’t vote. They don’t have differing visions for what actuaries can or should be, so it doesn’t matter who is “in charge”. They serve for only a 1-year term, handcuffed by the person elected before them and after them. They don’t set policy, the Board does. They don’t set priorities, that’s for the Strategic Plan, which all candidates promise to endorse. So why should I vote for President?

As for the Board, there’s something like 25 members on the Board, so any one member’s influence is highly diluted. As well, the Board doesn’t really set policy (even though they say they do), it’s done by the CEO. Which leads to policies and plans which seek to “increase the value of the credential” primarily by 1) actually making it harder to obtain [i.e. more exams], and 2) advertising how hard it is to attain [marketing campaigns on how the new FSA structure is “accessible”], rather than making it more profitable to employ actuaries [because they have demonstrable business advantages over typical economists or generic MBAs].

So if you really want to change the direction of the SOA, you won’t bother voting in a Potemkin election. Instead, you’ll organize a petition campaign to oust the CEO and replace him with someone aligned to the membership’s interest, rather than the interests of the SOA itself.

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7

Have you already forgotten Brad Smith?

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Nope. He was a bait-and-switch over a decade ago and the structure has changed since then (down to 3-year term rather than 4-year term with seemingly more power given to the CEO at the same time), so that doesn’t reflect the current offerings. And did any of his policies get enacted? No. So I still posit that the President doesn’t have any real power.

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9

I submitted my SoA ballot today. The response screen said that the election is not open. :confused:

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10

I had no trouble voting.

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Dear Bob Ama,

The Society of Actuaries (SOA) is pleased to announce the results of the 2024 Board of Directors Elections. Five Board members and one President-Elect and Vice-Chair have been elected to serve starting with the 2024–2025 term.

Elected members of the SOA Board of Directors

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Karen L. Anway

FSA 2002, EA 1997

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David Boettcher

FSA 1987, FCIA 1987,

MAAA 1997

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David D. Ingram

FSA 1984, CERA 2007,

MAAA 1980

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Hans J. Wagner

FSA 1992*

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Jon Zeu Wu

FSA 1991, CERA 2009,

MAAA 1992

*International Candidate

The (*) indicates an elected endorsed international candidate. It was unnecessary to exercise the reserved seat in this election.

President-Elect and Vice-Chair

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Dave Dillon

FSA 2004, FCA 2023, MAAA 2002
The SOA announces Dave Dillon , FSA, FCA, MAAA, of Dallas, TX, will serve as the 2024–2025 SOA President-Elect and Vice-Chair. Dillon will become the 77th president at the 2025 ImpACT Conference, the SOA’s annual meeting. Dillon is Senior Vice President and Principal at Lewis & Ellis, LLC, in Dallas, TX, and an instructor at the Maurice R. Greenberg School of Risk Science – Actuarial Science at Georgia State University. As a consulting actuary, his career has centered around supporting insurance companies, state insurance departments, and other organizations navigating health insurance.
Volunteering with the SOA since 2008, Dillon served as a member of the SOA Board of Directors, the SOA Professional Development Curriculum and Content Creation Council, the SOA Research Committee, and the SOA Health Section Council along with serving as a media liaison on health topics. He earned a bachelor’s degree in Mathematics from Oklahoma State University and a master’s degree in Statistics and Actuarial Science from the University of Iowa.

Amanda Hug, FSA, MAAA, will serve as SOA president for the 2024–2025 term. Timothy Rozar, FSA, MAAA, CERA, will serve as past president for the 2024–2025 term. All elected board members will begin their duties at the 2024 SOA ImpACT Conference.

Past Three Years Vote Count

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Thank you to everyone who participated in the 2024 SOA Board of Directors Elections.

Society of Actuaries

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Tried to vote this year but the web site wouldn’t let me log in.

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I voted, but not in all categories and did not use all my votes.

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Same.

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Always thought it was strange that the SOA emails the election results to its US members before its Canadian members. We pay the same level of fees in the two countries but there is an email delay for some reason for the Canucks

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It takes time for email to clear customs?

Or…are the Canadian announcements bilingual?

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The reason was explained to me years ago when I was an active SOA volunteer. I think the SOA was unable to send them all out in one batch but my memory is hazy.

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I like my hypotheses better. :slight_smile:

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So, only one actuary who attained their credentials this millennium. I like how they are hearing the concerns that societies are out of touch with the needs of its members. (I guess the CAS does not have a monopoly.)

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When I was on the CIA Board we mandated that at least one Board Director position be for a young actuary. It was hard otherwise for a young actuary to get elected as he/she has not had time to build up a sufficiently large network to get elected.

It is also easier to get one’s name on the CIA Board ballot: the process is more arduous for SOA candidates if you are not totally agreeable with the SOA’s vision.

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