Description: Companies can implement VM-20 as early as 2017. While there have been research and educational materials produced to help actuaries and others better understand the implications and implementation of the new requirements from a financial reporting perspective, little has been developed emphasizing the product development actuary perspective. This SOA research project examines the impact of VM-20 from a product development actuarial perspective. The research will help actuaries and others enhance current practices to optimize pricing and product development activities within a VM-20 framework as well as enhance intracompany communication and efficiencies related to VM-20. This session is a follow-up to the session at last year’s symposium and will focus on Phase 2 of the research project.

Description: Negotiation - it's not just for buying a car! Actuaries negotiate every day at work, whether it's getting buy-in to change a critical assumption or a more reasonable timeline to complete a project. This workshop will be led by an instructor specializing in executive education and will offer techniques you can use to be more effective in your day-to-day life.

Description: Recent and upcoming changes to U.S. statutory reserving rules are expected to impact term insurance prices. This article is an analysis on what that impact might be.

Description: Hear from the chairperson on themes in the March 2017 issue of Product Matters published by the Product Development Section

Description: Discussion of peer mentoring: what it is, how it is different than traditional mentoring, and different forms that it can take. Some forms are 1 on 1, informal, formal, talking partners, groups, Lean In Circles, SOA Community Engagement. Includes a list of potential discussion topics for use in peer mentor conversations.

Description: Administration system updates and conversions. Legacy systems and their associated problems. Continued low interest rates and in-force policy management actions affecting policyholder behavior. These are but a few of the taxation challenges facing insurers managing the growing complexity of their businesses.<p> Presenters will consider these and other product taxation-related issues, highlighting ways insurers have sought to address them, their impacts, and potential mitigation strategies