April 01, 2015


  • External Forces & Industry Knowledge


2:00 - 3:15 p.m. ET

Location :

This webcast takes place via the Internet.

Registration Fees: Starting at $149 (includes access to subsequent webcast recording)

More information on all registration fees

Who Should Attend:

Members of the CAS, CIA, SOA Joint Risk Management Section and actuaries who work in risk management.


This webcast is presented by the CAS, CIA, SOA Joint Risk Management Section.

In this webcast, we will begin with an overview of the evolution of ORSA, the current U.S. ORSA regulations and requirements and hints on how regulators may approach integrating ORSA into their surveillance process.  We will then describe the contents expected in each ORSA section. We will present case studies of typical disclosures used to satisfy Section 1: Description of ERM Framework . We will then discuss various options for risk measures typically used in preparation of Section 2: Risk Assessment . This will be followed by a review of common risk capital standards and stress tests for use in satisfying Section 3: Risk Capital and Prospective Solvency . We will conclude with highlights of some of the more challenging aspects of ORSA and suggestions on overcoming them.

Learning Outcomes:

  1. Understand the current U.S. ORSA requirements;
  2. Understand the activities required to prepare an ORSA;
  3. Gain insights on what regulators may be expecting to see, and what they are likely to see,  in ORSA activities and disclosures; and
  4. Learn how to overcome some of the more challenging aspects of ORSA requirements.

How the live webcast works and what it includes:

You do not need any special equipment. On March. 31, before 2:00 p.m. ET you will be sent detailed webcast instructions via email including the Web address for accessing the presentation. Any handouts that are available will also be sent. You will follow along with both the slide presentation and the audio portion of the broadcast over the Internet.

The registration fee includes:

  • One access code to the live webcast;
  • One Internet connection;
  • One set of presentation materials; and
  • Access to the subsequent webcast recording.

Please note that each access code may only be used for one location, even if you register for more than one participant.

Post-Webcast Purchase Opportunity

For those who are interested in SOA webcasts but are unable to participate in the live event, access to an archived recording of the webcast will be available for purchase approximately 10 business days following the event by visiting the Webcast Recordings page.




Demonstrating the listening, writing and speaking skills required to effectively address diverse technical and nontechnical audiences in both formal and informal settings.

Professional Values

Adhering to standards of professional conduct and practice where all business interactions are based on a foundation of integrity, honesty and impartiality.

External Forces & Industry Knowledge

Identifying and incorporating the implications of economic, social, regulatory, geo-political and business changes into the design and delivery of actuarial solutions.


Initiating, innovating, inspiring, creating or otherwise acting to influence others regardless of level or role toward a common goal.

Relationship Management & Interpersonal Collaboration

Creating mutually beneficial relationships and work processes toward a common goal.

Technical Skills & Analytical Problem Solving

Applying the actuarial knowledge, skills and judgment required to provide value-added services.

Strategic Insight & Integration

Anticipating trends and strategically aligning actuarial practice with broader organizational business goals.

Results-Oriented Solutions

Providing effective problem solving that addresses relevant interests and needs.