V28: Current Developments in Annuity Valuation

  • Technical Skills & Analytical Problem Solving

Time

1:30 - 3:00 p.m. ET

Location

This virtual session takes place via the Internet.

Registration Fees

Registration is now closed. The SOA Customer Service Center is available to assist you Monday through Friday, 8:00 a.m. to 5:00 p.m. CDT. Please call +1-888-697-3900.

Primary Competency

Technical Skills & Analytical Problem Solving

Description

The NAIC has recently begun work in several areas that will affect annuity valuation actuaries. One area includes the study of Actuarial Guideline 43 and C-3 Phase II, a quantitative impact study to test proposed changes to those requirements and recommendations on methodology improvements. In addition, the Life Actuarial Task Force (LATF) is continuing its work on the section of the valuation manual affecting fixed annuities. This work includes potential changes that are intended to modernize how valuation interest rates are set within the statutory reserve framework.

At the conclusion of this virtual session, participants will be able to understand the implications of ongoing LATF work on revising both fixed and variable annuity valuation requirements.

How the live virtual session works and what it includes

Connect to the Internet to participate in the session as it takes place at the 2016 SOA Valuation Actuary Symposium in Hollywood, Florida. The virtual broadcast streams the video, audio and PowerPoint slides through your computer during the session. As a virtual participant, you will be allowed to interact and submit your questions for live response during the session.

You will participate in the virtual session via the Internet. A computer with Internet access and sound capabilities is required. No other equipment is necessary. On Aug. 26, 2016 before 2:00 p.m. CT you will be sent detailed instructions via email including the web address for accessing the program. Any handouts that are available will also be sent.  You will follow along with both the slide presentation and the video and audio portion of the broadcast over the Internet.

The registration fee includes:

  • One access code to the live virtual session;
  • One Internet connection; and
  • One set of presentation materials.

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

Post-Event Purchase Opportunity

For those who are interested in SOA virtual sessions, but are unable to participate in the live event,  access to an archived recording of the virtual session will be available for purchase  approximately 10 business days following the event.

 

Back

Legend

Communication

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.

Leadership

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.