March 16, 2016
Competency (Learn more)
Smaller Insurance Company Section
Presenters in this webcast will discuss the key Actuarial Standards of Practice, the American Academy of Actuaries Practice Notes, as well as certain requirements for the Principle-Based Reserves (PBR) for life products. An actuary has a moral and ethical responsibility to all who may be affected by their work and therefore it is important to review the Actuarial Standards of Practice in the context of any new area, such as PBR. This webinar will help actuaries, especially smaller insurance company actuaries, and actuaries that consult for or audit smaller insurance companies, prepare for the professionalism aspects of PBR.
The webcast will feature:
- Characteristics of the timeline for implementation of PBR
- Actuarial Standards of Practice affecting PBR
- American Academy of Actuaries Practice Notes affecting PBR
- How these standards apply to certain requirements of the PBR regulations
The webcast will also include time for discussion on questions from the participants.