Agenda

Wednesday, May 10
6:00 a.m. – 7:00 a.m.
7:00 a.m. – 7:05 a.m.

Moderator(s): Douglas L. Robbins, FSA, MAAA

Session Coordinator(s)

Facilitator(s)

7:05 a.m. – 7:30 a.m.

Presenter(s): Leonard Mangini, FSA, FALU, FRM, MAAA

  • What phases are being impacted by valuation
  • What areas may be involved in the discussion that may not have been before
  • Begin building an implementation guide

Session Coordinator(s)

Facilitator(s)

7:30 a.m. – 8:00 a.m.

Presenter(s): Leonard Mangini, FSA, FALU, FRM, MAAA

  • VM-G: Governance Duties and Controls: Board, Management, Actuaries
  • Who sets Assumptions? ... One version of the truth!
  • The various types of Margins-who sets them?
  • Who certifies that the Manual was followed? Reserves are adequate?
  • Applicable ASOPs-the Old, the Recent, and the New
  • How do these combine into Implementation considerations?

Session Coordinator(s)

Facilitator(s)

8:00 a.m. – 9:00 a.m.

Presenter(s): Carrie Lee Kelley, FSA, MAAA

  • Credibility
  • Industry data
  • Mortality improvement

Session Coordinator(s)

Facilitator(s)

9:00 a.m. – 9:15 a.m.
10:00 a.m. – 11:00 a.m.

Presenter(s): Kimberly M. Steiner, FSA, MAAA

  • Persistency
  • Premium payment
  • Expenses
  • Investment

Session Coordinator(s)

Facilitator(s)

11:00 a.m. – 12:20 p.m.
12:20 p.m. – 1:00 p.m.

Presenter(s): Sean M. Pena, ASA, MAAA

  • Structure of a VM-20 model
  • VM-20 Modeling considerations and simplifications
  • Projection-specific model considerations
  • Pricing-specific model considerations

Session Coordinator(s)

Facilitator(s)

1:00 p.m. – 1:45 p.m.

Presenter(s): Kimberly M. Steiner, FSA, MAAA

  • Additional documentation requirements under PBR
  • Internal documentation
  • Pricing memo changes

Session Coordinator(s)

Facilitator(s)

1:45 p.m. – 2:00 p.m.

Moderator(s): Douglas L. Robbins, FSA, MAAA

Session Coordinator(s)

Facilitator(s)

9:15 p.m. – 10:00 p.m.

Presenter(s): Chris Whitney, FSA, MAAA

  • How is reinsurance impacting pricing
  • YRT vs Coinsurance
  • Industry discussions around reinsurance

Session Coordinator(s)

Facilitator(s)