Description: As organizations continue to reevaluate business needs and strategize how to best move forward in an evolving industry, technology and innovation are becoming competitive differentiators. Insurers are reimagining processes and accelerating modernization initiatives, and the role of the actuary is transforming in both scope and demand. It's vital actuarial leaders recognize the impact of modernization efforts on their employees, are empathetic to their needs, and create strategies to promote engagement, development and retention during technological transformations. Discover how leaders can prepare their teams emotionally and psychologically for change, gaining their buy in and support for new initiatives while increasing long-term loyalty. A panel of actuarial leaders who have successfully led their teams through change initiatives will also offer their lessons learned and best practices. Leave with the tools and insights necessary to take an empathetic approach to modernization that eases concerns and cultivates a productive and engaged actuarial team.

Description: In 2020 the Actuarial Innovation and Technology Steering Committee held a data visualization contest. Entries showed a variety of strengths including smart use of tools, user-friendly dashboards, and displays paired with actuarial analysis that can lead an end-user through a process of discovery. In this webcast a data visualization expert will review the winning entries with the contestants. We'll discuss how the different strengths of these entries can be combined to create a powerful tool for communication and understanding.

Description: 2021 Life Meeting - Session 9A: ASOP 56 - Modeling Begins in the Middle: Don't Forget the Beginning and the End 9.1.21 Recording

Description: Explore the key concepts actuaries need to know in relation to climate change and detail areas of practice where actuaries have a crucial role to play, both within insurers and at other business. Specifically the session will cover:-tkey risks from climate change insurers need to be considering, climate change insurance regulatory considerations (including SEC and DOI specific developments) and stakeholder overview (e.g. investor preferences), relevant climate change reporting standards, including TCFD, climate change risk assessments and integration into risk management frameworks, climate change scenario testing, data and methodologies , net Zero in insurance, greenhouse gas quantification across investments and underwriting portfolios, and business integration and what does this mean for actuaries and what is our role?

Description: Based on a late 19th century analysis, life insurance premiums were once differentiated by race, with Blacks/African Americans experiencing higher rates than for whites. Over time, the actuarial profession has had increasing focus on professionalism and responsibility to the public, and today all members of the five actuarial organizations based in the U.S. are subject to the Code of Professional Conduct. Come engage in interactive discussion about how Precept 1 might help current actuaries avoid bias in our work, including when thinking about risk classifications and dealing with new technologies. By attending the session, you will be able to:- Understand the importance of Precept 1 in our self-governing profession.- Think about prevailing conventional wisdom and potential bias in your current work.

Description: Learn to build an element of international exposure into your career. International assignments are incredibly varied, some of which include covering international issues from a home-country post, to short-term assignments abroad, longer postings abroad, or building a lengthy career in your country or country different from your home. Our panelists are from a variety of countries of origin, career stages, and practice areas and will share their experiences and field questions.

Description: An increasingly common question in our industry is - what should actuaries be doing and what should IT be doing? This gets at the difference between the self-service model, where actuaries have minimal reliance on ITand the shared-service model, where IT is a partner that helps with goals such as developing capabilities and running production models. The presenters will cover the unique value proposition of actuarial and IT functions and use that context to explore the pros and cons of the two models. They will ask what is going to drive the operating model in the future, considering the implications of trends in governance, technology toolkit and company culture. The presentation will be followed by interactive discussions on three case studies related to how IT and actuarial teams can work together most effectively, allowing the group to learn what works and what doesn't work from other companies approaching these challenges.

Description: 2021 Life Meeting - Session 8F: Smaller Insurance Company Chief Actuary and Appointed Actuary Forum 9.1.21 Recording

Description: Covering is a strategy through which an individual downplays a stigmatized identity. It can take place in four common ways:

Description: With more technology than ever to assist in communicating, the method of communication is only one hurdle to clear. Explore from various perspectives the changing dynamics of communications for actuaries. Hear from an actuary in a non-traditional role with remote team members on how to effectively (and ineffectively) create urgency and work toward a common goal. Listen to a consulting actuary discuss how to change communication style depending on the audience (external vs. internal, senior vs. junior, etc). Hear from an actuary navigating an insurance company in a remote environment where information can be disjointed between in office and remote employees. Uncover stories of what has gone well and what has not.