Fixed Annuity PBR Webcast

Date

December 13, 2017

  • External Forces & Industry Knowledge

 

Event Home| Presenters & Moderator| CPD

 

Presented by

Financial Reporting Section

Who Should Participate

Members of the Financial Reporting, Investment, Modeling, Product Development, Reinsurance, Smaller Insurance Company, and Taxation Sections.

Description

The Life Actuarial Task Force (LATF) of the National Association of Insurance Commissioners (NAIC) is charged with developing Principle-Based Reserving (PBR) for non-variable annuities. The American Academy of Actuaries' Annuity Reserve Work Group is working to develop a principle-based methodology for LATF to consider. Presenters at this session will cover current hot topics, including the recent NAIC exposure draft on Maximum Valuation Rates for Income Annuities.

At the conclusion of this session, attendees will be able to:

  • Describe the basic components of PBR for non-variable annuities;
  • Evaluate many of the options that were considered in the development of the method; and
  • Compare the PBR method(s) to those currently prescribed for non-variable annuities.

How the live webcast works and what it includes

You do not need any special equipment. On Dec. 12, 2017, 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:

The registration fee includes:

  • One access code to the live webcast;
  • One Internet connection;
  • One phone connection (to be used only if experiencing sound issues or if in a conference room with a group);
  • 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 using the following link.

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.