Open Letter to SOA Board of Directors

mercredi 28 janvier 2015

Mary Pat Campbell and I have drafted an open letter to the SOA Board of Directors expressing our deep concern about the actions the Board has taken in recent years that have caused great damage to the SOA’s relationship with the AAA and CAS.



You will find a link to the letter at the end of this email.



Before we send the letter to the Board, we are asking all members of the SOA who share our concern to sign the letter. Please note that only your name (with no letters after it and no company affiliation) will appear as a signatory, in alphabetical order.



To consent to be a signatory, send an email to OpenLetterSOA@gmail.com using your email account as listed in the SOA Directory and stating your name as it appears in the Directory.



Mary Pat has created a timeline that shows the major events that have occurred since 2011 with respect to the relationship of the SOA with the AAA and CAS. You can find the timeline at:



http://ift.tt/1u0nsy4



We have absolutely no illusions that this letter will change the Board's position. Nevertheless, we think that it’s important to send the letter because (1) we have a professional responsibility to speak up if we think that our own organization is going down the wrong path and (2) other audiences (members of other actuarial organizations, regulators, the insurance and pension industries, and the general public) should know that a significant number of members of the SOA are opposed to the direction their organization has taken.



We would have liked for all potential signers to have had an opportunity to review the letter in advance and to suggest changes before it was finalized. However, we think you will agree that this would have been impractical,



We believe that the great majority of SOA members are unaware of the unfortunate events that have sullied the profession over the last few years. We urge you to contact as many of your colleagues as possible and ask them to read the letter and the timeline that accompanies it. Hopefully, when they become aware of the facts, they, too, will sign it.



To ensure that the letter will be timely, we are setting a cut-off date of February 13 for signatures. If we get additional signatures after that date, we will send a supplementary list to the Board.








Open Letter to SOA Board of Directors

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