Announcement: SOA releases October 2019 Exam FM passing candidate numbers.

Agenda Day Three

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Track Legend

B/I – Beginner/Implementer
M/S – Manager/Supervisor
AP – Advanced Practitioner

Friday, September 21
6:00 a.m. – 7:00 a.m.

Session Coordinator(s)

Facilitator(s)

7:00 a.m. – 8:15 a.m.

Presentation(s): View Presentation

Competency: Strategic Insight and Integration

Moderator(s): David L. Snell, ASA, MAAA; Xiaojie Wang, FSA, CERA

Presenter(s): JJ Lane Carroll, FSA, MAAA; A. Greig Woodring, FSA, MAAA

Never before have insurance companies been so vulnerable to disruptive emerging technolgies. This session will discuss the thoughts and visions of industry leaders about what technologies and techniques will transform the industry.

Track: All

Session Coordinator(s) David L. Snell, ASA, MAAA; Xiaojie Wang, FSA, CERA

Facilitator(s)

8:15 a.m. – 8:30 a.m.
8:30 a.m. – 9:45 a.m.

Presentation(s): View Presentation

Competency: External Forces & Industry Knowledge

Moderator(s): Dorothy L. Andrews, ASA, MAAA

Presenter(s): David L. Snell, ASA, MAAA

This session will provide insight into how artificial intelligence (AI) in general, and machine learning (ML) in particular, differ from what we have been used to, and why they are suddenly emerging as disruptive forces in the insurance industry.

Track: Manager/Supervisor 

Session Coordinator(s) David L. Snell, ASA, MAAA

Facilitator(s)

Presentation(s): View Presentation

Competency: Communication

Moderator(s): Erica Rode, ASA, MAAA

Presenter(s): Mary Pat Campbell, FSA, MAAA; Brian A. Fannin, ACAS, MAAA; Michael David Hoyer, FSA, MAAA

This session will cover current tools and techniques for excellent data visualization and understanding.

Track: All

 

Session Coordinator(s) Anders Larson, FSA, MAAA

Facilitator(s)

Competency: Results-Oriented Solutions

Moderator(s): Brian Chen

Presenter(s): Jillian Badanes

The best predictive analytics (PA) projects start with a clear business challenge. For insurers wondering where to start, Swiss Re will lead an interactive session applying design thinking methodology to better understand the best opportunities for digital innovation, and explore how to efficiently develop and test innovative solutions.

Track: Beginner/Implementer 

Session Coordinator(s) Xiaojie Wang, FSA, CERA

Facilitator(s)

Competency: Technical Skills & Analytical Problem Solving

Moderator(s): Rosmery Cruz

Presenter(s): Eric Westhus

This session will provide a deeper look at into the R implementations on the enterprise level, in contrast with academic research and education using R on advanced level.

Track: Beginner/Implementer 

Session Coordinator(s) Rosmery Cruz

Facilitator(s)

Presentation(s): View Presentation

Competency: Technical Skills & Analytical Problem Solving

Moderator(s): Brian C. Campbell, FSA, MAAA

Presenter(s): Matthias Kullowatz, ASA

This session will review limited fluctuation credibility, and how to apply that approach to a GLM. Alternative credibility approaches through the lens of ASOP 25 will also be discussed.

Track: Advanced Practitioner

Session Coordinator(s) Anders Larson, FSA, MAAA

Facilitator(s)

Presentation(s): View Presentation

Competency: Results-Oriented Solutions

Moderator(s): Xiaojie Wang, FSA, CERA

Presenter(s): David A. Moore, FSA, MAAA; Nitin Nayak; Matthew Zeigenfuse

Implementing Accelerated Underwriting (AUW) is a pressing issue for many life insurers today. The current underwriting processes suffer from long delays due to use of lab tests and need for manual underwriter intervention for all applications; steps which are necessary to reduce mortality risks and assign applicants to correct risk classes. Our vision of an accelerated underwriting process implementation involves a layered approach to processing incoming applicants wherein a majority are processed without use of lab tests and with automated risk classification tools. However, some require lab tests but can be automatically assigned a risk class, and the remaining complex situations are processed in typical approach with lab tests, manual underwriting involvement, etc. This session will present such a vision along with the series of predictive models required to implement this vision, related data sources and data-driven techniques that power these models. Learn how to take predictive analytics (PA) beyond statistical theory, and see how to create applications that generate create value for your organization.

Track: Manager/Supervisor 

Session Coordinator(s) Xiaojie Wang, FSA, CERA

Facilitator(s)

9:45 a.m. – 10:00 a.m.
10:00 p.m. – 11:15 a.m.

Presentation(s): View Presentation

Competency: External Forces & Industry Knowledge

Moderator(s): David L. Snell, ASA, MAAA

Presenter(s): Robert J. Hebron

The media is somewhat fickle; the next 'big thing' in medical care and longevity has been touted as the Genome, Phenome, Physiome, Anatome, Transcriptome, Proteome, Metabolome, Microbiome, Epigenome and Exposome. A newer discipline called epigenetics is concerned with this superset of all things genomic, impacting or relating to the genome; it is a panomoic perspective. This reflects the increasing awareness of how several forces interact to impact our health and longevity. This session will cover some of the latest breakthroughs and how they can change the viability and usage of insurance.

Track: Manager/Supervisor 

Session Coordinator(s) David L. Snell, ASA, MAAA

Facilitator(s)

Presentation(s): View Presentation

Competency: Results-Oriented Solutions

Moderator(s): Daniel Fuhrmann

Presenter(s): Jason L. VonBergen

Accelerated Underwriting programs are everywhere today; the majority of carriers have some form of program, from basic rules that process the cleanest of cases to multi-class or even mortality prediction models processing a significant volume of cases. In creating predictive models to drive an Accelerated Underwriting program, there are different development processes that can be employed from traditional waterfall methods to Lean/Agile ones. This session will cover how an Agile approach delivers meaningful insights sooner. Additionally, how to expand the evaluation of models beyond traditional statistical measures to represent true business impacts, and even further refinements that can give a sharper picture of these impacts will be discussed. Lastly, an expansion of Accelerated Underwriting to Disability Income insurance and some of the unique challenges of this product vs. life insurance will be covered.

Track: Beginner/Implementer 

Session Coordinator(s) Xiaojie Wang, FSA, CERA

Facilitator(s)

Presentation(s): View Presentation

Competency: Relationship Management

Moderator(s): Michael David Hoyer, FSA, MAAA

Presenter(s): Michael David Hoyer, FSA, MAAA; Johann K. Leida, FSA, MAAA, Ph.D; Patrick Stafford, FSA

This session will explore the practical aspects of bringing models to production, maintenance and management through its entire lifespan. Topics covered will include: production considerations, versioning, documentation, peer review and monitoring the model over its lifespan.

Track: Advanced Practitioner

Session Coordinator(s) Anders Larson, FSA, MAAA

Facilitator(s)

Competency: Results-Oriented Solutions

Moderator(s): Rosmery Cruz

Presenter(s): Hezhong (Mark) Ma, FSA, MAAA; Priyanka Srivastava

Having a model with great statistical properties is like having a great outcome in a lab environment. There are significant works needed to turn a success trial in the lab into a viable product in the market. During this session, speakers will cover the lifecycle of how to commercialize a predictive model. Based on first-hand experience, the speakers will share the lessons learned and the vision forward in how predictive modeling could help life insurers in accelerating underwriting, relying more on data evidences in analyzing experience studies and making smarter decisions.

Track: Beginner/Implementer 

Session Coordinator(s) Minyu Cao, FSA, CERA

Facilitator(s)

Presentation(s): View Presentation

Competency: Technical Skills & Analytical Problem Solving

Moderator(s): Nicholas Scott Hanewinckel, FSA, CERA

Presenter(s): Julia Druce, ACAS

This session will discuss how free notebooks can mix and match R, Python and other languages and to build in self-documentation. These can work on multiple types of computing platforms (Windows, iOS, Linux). This will also incorporate the newer Jupyter Labs.

Track: Beginner/Implementer 

Session Coordinator(s) David L. Snell, ASA, MAAA

Facilitator(s)

Presentation(s): View Presentation

Competency: Strategic Insight and Integration

Moderator(s): Stuart Klugman, FSA, CERA, Ph.D.

Presenter(s): Steve Fredlund, FSA, FLMI, MAAA, MBA, SWP; Stuart Klugman, FSA, CERA, Ph.D.; Nick Ortner, FSA, MAAA; Julianne A. Callaway, FSA, MAAA, ACAS; Laura J. Bennett, FSA

Actuaries are often associated with traditional actuarial roles at insurance companies and related consulting firms. However, the training and risk management experience we gain through the exam syllabus can be applied to other non-traditional roles, yet many actuaries are reluctant to leave the insurance environment where compensation is long-established at lucrative levels. Even within this industry there are many opportunities beyond traditional ones (pricing, valuations, etc.) normally associated with actuaries. These include human resource management, marketing, enterprise risk management, investments and others that venture into expanded roles in environments that respect extensive knowledge and skills. Meet some actuaries who have bridged this gap. Learn how they did this and how they enjoy the adventure. Hear from the Society of Actuaries (SOA) about the predictive analytics (PA) offerings that help prepare actuaries for traditional and non-traditional roles.

Track: All

Session Coordinator(s) Stuart Klugman, FSA, CERA

Facilitator(s)