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| Documents/SOA/6: Knowledge Transfer |
Strategic Themes B: Knowledge Transfer Transfer Knowledge Other Information: The SOA has a goal to promote and provide lifelong learning to the profession. Intellectual capital is disseminated through basic education, continuing professional development and publications. The CRUSAP report notes that, “Actuarial basic education and continuing education are occurring in a dynamic environment—evidenced by the evolution of risk financing within capital markets, greater accounting emphasis on short-term market volatility, increased complexity in product design, and the global movement to principles-based supervision... To equip actuaries to be new and valuable thought leaders for 21st century business requires adding more skills to the already-respected skill set of actuaries, such as communication, business acumen and active leadership. Thought leadership of a profession is dependent upon its ability to generate and disseminate its intellectual capital.” Ultimately, the goal is to better equip actuaries to apply their technical and thought leadership skills to financial, business and societal challenges that relate to the measurement and management of risk. Objective(s):
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