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V21 – A Pricing Actuary’s Perspective on PBR, 2017 CSO and Profit Virtual Session

Date
May 7, 2018

Competencies

External Forces & Industry Knowledge

 

Presented by

Product Development Section

Time

1:15–2:30 p.m. ET

Location

This virtual session 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 888.697.3900.

Description

A Principle-based approach towards life insurance reserves has been a hot-topic in the industry for years. The updated valuation manual has adopted VM-20 to turn this into even more of a reality, as well as introducing the 2017 CSO Mortality table. Presenters will discuss the basics of VM-20 and the 2017 CSO table, and how profit measures may be evaluated under PBR. They will also cover impacts and considerations specific to the pricing actuary so that participants can apply impacts to their own strategy around product development and in-force product management.

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

  • Describe impacts of VM-20, 2017 CSO and profit measures to the pricing actuary; and
  • Evaluate the impact of VM-20 and 2017 CSO towards strategy around product development and in-force product management.

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 2018 SOA Life & Annuity Symposium in Baltimore. 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 through a chat box for live response during the session.

You do not need any special equipment. On May 4, 2018, before 2:00 p.m. ET you will be sent detailed virtual session instructions via email including the Web address for accessing the live-streaming broadcast presentation. Any handouts that are available will also be sent.

Please review the technical requirement sheet for the virtual session platform with your IT department and make sure there aren’t firewall issues with audio streaming through your computers. You can test your computer using the following link to ensure the audio streaming is working properly.