About Us

Below are several portions of the Seattle Actuarial Club By-Laws.

Purpose:

The Seattle Actuarial Club has as its purpose to encourage excellence in the actuarial and related matters in the Pacific Northwest by:

1) Stimulating the thinking of its members through an exchange of ideas and information.

2) Encouraging formal and informal training and education.

3) Informing the public about the role of the actuary, and advising interested students about the

qualifications needed and the opportunities available within the actuarial profession.

4) Building a close rapport between members of the actuarial profession in the Pacific Northwest.

Membership:

General Members - Duly elected members other than

Honorary Members - Duly elected persons of such outstanding accomplishments in actuarial

science and insurance as are deemed worthy of this honor and former general members who are

retired and not paying dues.

Any person shall be eligible for consideration as a member of the club who is an Enrolled Actuary

or a member of the American Academy of Actuaries, the Society of Actuaries, or the Casualty

Actuarial Society.

Proposals for membership or application for membership shall be made through the Secretary to the

Membership Nominating Committee. The Committee shall approve prospective members. The

names shall be distributed with the meeting notices and they shall be introduced to the club at the

first meeting following their acceptance.

A member may resign from the Club and the Board of Directors is empowered to accept such

resignation.

Upon complaint of conduct of any member which is likely to reflect unfavorably upon the Club, such

member may be expelled by a vote of the Board of Directors with no more than one Director

dissenting, but any member complained of shall have the right to be heard in this own behalf.

Officers:

President - The president shall preside at all meetings of the Club and shall be an ex officio member of

all committees. He shall preside at all meetings of the Board of Directors and shall perform all such

duties as are pertinent to the office of President and properly require of him.

Vice President - In the absence of the President, he shall excercise all of the functions of the

President, and shall be vested with all his powers. He shall also be Chairman of the Program

Committee.

Secretary - The Secretary shall have charge of all papers and shall keep such records and make such

reports and perform such duties as are pertinent to that office and properly required of him by the

organization.

Treasurer - The Treasurer shall have charge of the funds of the Club and shall conduct its banking

business and see that accounts are properly rendered. Checks drawn shall be signed by either the

President or the Treasurer and shall be counter-signed by another officer.

Dues:

Dues in an amount determined by the Board of Directors with the concurrence of the Club are payable by each general member in April of each year. The payment of dues is a condition of general membership. Honorary members are not required to pay dues.