A P U B L I C P O L

Have a minimum of one year of responsible actuarial experience in the particular subject relevant to the SAO under the review of an actuary who was qualified to issue the SAO at the time the review took place.22 2) Have a minimum of three years of responsible actuarial experience in the relevant area under the review of an actuary qualified to issue the SAO at the time the review took place under. [...] This can be done by noting in the meeting minutes the name of the principal or lead entity and the date the parent Board reviewed the qualification documentation, or by attaching a copy of the parent Board’s meeting minutes reflecting their review of the qualification documentation. [...] However, the NAIC SAO Instructions the minutes of the Board of Directors require the Appointed Actuary to assert in the Identification meeting would document paragraph of the Opinion that he or she has provided the management’s discussion of their review of the actuary’s qualification qualifications documentation to the Board, which implies the documentation. [...] Within 10 days of the notification, the company must write to the domiciliary Commissioner stating whether in the 24 months preceding the change “there were any disagreements with the former Appointed Actuary regarding the content of the opinion on matters of the risk of material adverse deviation, required FAQ: Could an actuary be disclosures, scopes, procedure, type of opinion issued, appointed. [...] 36 as: FAQ: Is the “review date” the “the date (subsequent to the valuation date) through which same date that the Appointed material information known to the actuary is included in Actuary issues the Opinion? forming the reserve opinion.”34 A: The “review date” is the date through which the Appointed Note “review date” is a specific disclosure required for SAOs.