March 4 @ 7:00 AM - 8:00 AM
In September 2025, the International Actuarial Association (IAA) released a new International Actuarial Note (IAN) on professional judgment in actuarial practice (IAN 300), an educational resource for actuaries and professionals with an actuarial background.
The actuarial profession’s expansion across diverse practice areas and transition from a rules-based to a principles-based approach has made professional judgment increasingly critical.
IAN 300 distinguishes professional judgment from expert judgment, emphasizing that it combines technical expertise with ethical principles, professional standards and regulatory frameworks, public accountability, and contextual awareness.
The IAN illustrates how actuaries may apply professional judgment in activities such as selecting data, addressing data limitations, choosing methodologies, setting assumptions, interpreting results, and communicating outcomes.
This webinar, hosted by the IAA’s Professionalism Committee, will introduce the key concepts in IAN 300, and discuss how the Note can support actuaries in applying sound professional judgment in their day-to-day practice.
