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: The Great Resignation of the Post-COVID-19 era has affected nearly every major industry and profession over the past year. The actuarial profession, which has historically been a beacon of stability,is also impacted. Actuaries are leaving their positions at higher rates than ever before, demanding increased pay and benefits, more flexible hours, and the ability to work remotely. Ever-increasing demand for actuaries due to constantly evolving regulatory and business needs has widened the gap between the demand for and supply of actuarial work. What innovations are available for actuarial employers looking to bridge this gap? Get ready to listen to a panel of specialists on actuarial staffing models. The panel will discuss direct hiring, staff augmentation with consultants, independent contracting, and offshoring / outsourcing. The panel will explain how employers might pursue these options as well as the costs and benefits of each. Learn more about how current employees can benefit from various staffing models while avoiding common pitfalls; for example, how to engage and work effectively with offshore resources.

Description: For years, the actuarial community has recognized the importance of diversity and its compelling business case. However, to be truly successful, insurers must also focus on equity and inclusion, while understanding the underlying reasons for diversity's impact on business and profits. Cultivating an inclusive culture is an ongoing process that requires a substantial investment of time and effort to sustain change. Discuss how to communicate the value of diversity, equity and inclusion throughout your actuarial department and your organization, while clearly connecting it to your company's specific business goals. Common challenges will be explored, as well as considerations for finding a DEI consultant, leveraging passionate employees, and building strategies for long-term success. Attendees will gain a better understanding of how to create a work environment that embraces interdependence and intersectionality, while encouraging equity and opportunity for all.

Description: Many actuaries have taken their unique skill set to Insurtech companies over the last decade, leveraging their expertise in new ways. Hear firsthand from actuaries working at Insurtech companies on why they believe in the future of Insurtech, the opportunities presented at these companies, and what differs from working at a traditional actuarial employer.

Description: Many actuaries were grown and developed in cube-land - with many peers being just a few feet away to help develop core actuarial skills. Today, most experts agree that we will never fully return from a hybrid world, which means that our actuarial business skills and communication styles need to evolve as well to maintain relevancy in this evolving world. Many actuarial companies are more formally recognizing the importance of connection among staff to create robust systems for cultivating a strong department culture in an increasingly fractured landscape. Join us to discover more about how a connected department creates space to share resources and knowledge more freely, which is a benefit to both staff's personal development as well as the department performance as a whole.

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: The ASU 2018-12 guidance, otherwise known as long-duration targeted improvements (LDTI), establishes a significant new category of benefit features called market risk benefits (MRB) that protect the contractholder from other-than-nominal capital market risk and expose the insurer to that risk. Insurers will have to measure market risk benefits at fair value. There are a few examples of MRB, Including the most common one— MGxBs on variable and indexed annuities. This change may bring significant volatility to earnings of these GMxB policies that are currently valued under the insurance accrual model (such as SOP 03-1). How to analyze the changes in volatility in MRBs became the natual question for many companies that haven't been valuing them on fair value basis. Besides the GMxBs, have you wondered when or if the guaranteed annuitization options offered by your company have other-than-norminal risk? By attending the session, you will: · Understand different types of MRBs. · Learn about ways to analyze the changes in volatility in MRBs from SOP 03-1. · Understand the accounting of MRB change for a contract under reinsurance going through spread and liability assumption updates. · Understand when the guaranteed annuitization options become MRB and how to evaluate that.

Description: Data science, predictive analytics and AI are certainly the buzzwords these days. They are heavily used and developed in underwriting and marketing but for most actuaries, they might/may as well be science fiction. The presenters will demonstrate how a normal actuary can utilize data science techniques in their daily job function without forming an official data science team within a company. It can be done in a gradual fashion so that normal business is not disrupted and improvements are made over time. The usage of data science techniques will include demonstrations of the following areas: - Regression analysis - Economic scenario generator - Experience study - Data quality checks - Inforce compression for explicit hedging

Description: Join us for the Pandemics & Paradigm Shifts: ERM in an Intensely Dynamic World panel discussion, where industry and regulatory perspectives will help provide insight into a number of topics. Expect interactive dialogue opportunities based on the conversation between the panelists and the audience. Key topics that will be conversed about, but the panel is not limited to, include a brief review of historical paradigm shifts and subsequent insurer failures, best practices and an outlook on the ultra-dynamic world of today and consideration of a company's enterprise risk management framework as it affects ratings and insurance department examinations.