January 10, 2017
Competency (Learn more)
Presenter & Moderator
Financial Reporting, Modeling, and Smaller Insurance Company Sections
Noon-1:30 p.m. ET
This webcast takes place via the Internet.
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.
Who Should Participate
Members of the following sections: Financial Reporting, Modeling, Smaller Insurance Company and Technology
The new Valuation Manual has been adopted with an operative date of Jan. 1, 2017, and optional three-year transition period. VM-20 introduces PBR for life insurance and includes a number of requirements concerning the models used to project cash flows for the deterministic and stochastic reserve components. Presenters will review the new requirements and discuss items actuaries should consider as they prepare their models for VM-20.
Topics on the agenda for this webcast include the following:
- VM-20 requirements related to modeling cash flows
- Building new vs. adapting existing models
- Using simplified methods and model efficiency techniques
- Getting comfortable with results and attribution analysis
- Coordinating with auditors
- Validating models and model governance considerations
Attend this webcast to gain a better understanding of the new VM-20 modeling requirements, and techniques that can be used to meet the requirements.
This webcast is part of a six-part series focused on PBR for life insurance (VM-20) and includes these additional webcasts:
Participate in one or all of the webcasts. Register for each separately.
How the live webcast works and what it includes
You do not need any special equipment. On Nov. 29, 2016, 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 per location 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