Edward W. (Jed) Frees is a Fellow of both the Society of Actuaries (SoA) and the American Statistical Association (ASA). There are about twenty seven thousand members of the SoA and twenty thousand members of the ASA: of these, Professor Frees is the only Fellow of both organizations. He served as founding chairperson of the Society of Actuaries' Education and Research Section as well as a member of the Board of Directors of the Society of Actuaries; he has also served as a Trustee of the Actuarial Foundation. In 1999, Professor Frees served as an actuarial representative to the Social Security Advisory Board's Technical Panel on Methods and Assumptions; this panel provided advice to the federal government on the long-term solvency of the Social Security system. Professor Frees was the Editor and is currently on the Honorary Advisory Board for the North American Actuarial Journal. He is also an Associate Editor for Insurance: Mathematics and Economics and Annals of Actuarial Science.