This half-day seminar starts with an industry-level overview of VA and FIA policyholder behavior experience data since 2007, including key drivers, dynamics, cohorts and product/rider variations, and how these have changed over time. The presenter will then discuss approaches to translating experience data to behavior models and assumptions for pricing, reserving, hedging, and other applications. The seminar will continue with an exploration of techniques that leverage internal and external data to improve models. In closing, the presenter will discuss practical methods to manage behavior risks.
WHO SHOULD ATTEND
Risk managers, risk officers, corporate actuaries, appointed actuaries, investment actuaries, product development actuaries, pricing actuaries, valuation actuaries, software vendors and developers, consultants, investment bankers, derivatives professionals, analysts, and regulators.
Presenter: Timothy Paris, FSA, MAAA
Tim Paris, FSA, MAAA, is chief executive officer at Ruark Consulting LLC, which aims to be the platform and industry benchmark for principles-based insurance data analytics and risk management.
He is active within the SOA, currently as head of the Assumption Development and Governance subgroup of the Modeling Section, member of the Policyholder Behavior in the Tail working group of the Joint Risk Management Section, previously as an elected member of the Reinsurance Section Council and in a range of other volunteer roles. Paris’s work has appeared in many national publications, and he is a frequent speaker at industry events on the topics of longevity, policyholder behavior and model development, product guarantees, and reinsurance.
He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a graduate of the University of Connecticut, where he earned a bachelor’s in Mathematics with high honors.
Presenter(s)
Eric D Halpern FSA,FCA
Chief Operating Officer
Ruark Consulting LLC
Timothy S. Paris, FSA, MAAA
Chief Executive Officer
Ruark Consulting LLC
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Fee Schedule
| Member of an actuarial organization who also registers for the Nov. 11-12 Equity-Based Insurance Guarantees Conference* | $445* |
| Non-member who also registers for the Nov. 11-12 Equity-Based Insurance Guarantees Conference* | $495* |
| Member of an actuarial organization (Nov. 10 seminar only) | $645 |
| Non-member (Nov. 10 seminar only) | $695 |
*SOA will audit the registration lists for the Nov. 10 Bridging the Gap Seminar and Nov. 11-12 Equity-Based Insurance Guarantees Conference to make sure that registration rates selected match eligibility. Those registrants selecting a non-eligible registration rate will be invoiced for the difference between appropriate and paid rates.
Payment is required in U.S. dollars. Schedule denotes U.S. dollars.
Registrants of Equity-Based Insurance Guarantees Conference on Nov. 11-12 save $200 on the Bridging the Gap Series: Policyholder Behavior seminar taking place on Nov. 10. Take advantage of this opportunity and register for both! (separate registrations required.)
Methods of Registration
- Paying by Credit Card
Register online by Nov. 7 - Paying by Check
For information regarding check payment, please contact SOA Customer Service.
PLEASE ALLOW 10 DAYS FOR RECEIPT AND PROCESSING OF CHECKS.
On-site registration
If you are unable to register online by Nov. 7, you may register at the onsite registration desk located at the Sofitel Magnificent Mile Hotel beginning at noon Central Time on Sunday, Nov. 10 (assuming space is available). Please contact SOA Customer Service at customerservice@soa.org to confirm space availability.
Full payment is required at the time of registration.
Attendee List Inclusion
Only those registered by Oct. 21 will be included on the pre-conference attendee list.
Registration Confirmation
You will receive an email confirmation of your online order. Mail-in registration confirmations are emailed after the order has been processed. If you do not receive a confirmation, please go to this page and log in to confirm your order was placed. To request another copy of the confirmation order or to update the registration form, please contact SOA customer service at customerservice@soa.org.
Refunds
SOA incurs significant expenses prior to an event; to minimize losses SOA maintains the following refund and cancelation policy:
- Prior to Oct. 21, 2019, you may cancel your registration with a full refund, less a $100 administrative fee.
- After Oct. 21, 2019, there will be no refunds provided. However, you may transfer your registration to another SOA meeting or seminar within one year of cancelation.
- An alternate attendee within the same organization may be substituted at any time prior to the conference start with no penalty. However, if the original attendee is a member and the substitute attendee is not the difference in rate, between member/nonmember, must be paid in full at time of substitution.
- The Society of Actuaries reserves the right to cancel any event if conditions warrant. In the event of such cancellation, registration fees will be refunded in full. The Society of Actuaries is not responsible for any airfare or hotel cancellation fees that an attendee may incur due to event cancellation.
To cancel an order, log in to My SOA, choose the item you wish to cancel from your order summary and click the cancellation button. Complete the form to submit your refund request.
Sofitel Chicago Magnificent Mile
20 East Chestnut Street
Chicago, IL 60611
Reservations: +1-877-813-7700
Room rate: $249 single or double occupancy + taxes
Cut-off date: Friday October 18, 2019
We have arranged for hotel reservations to be made online by following this link, or by calling +1-877-813-7700.
Please reserve your room prior to the Oct. 18 cut-off date to receive the group rate. Please mention you are part of SOA Equity-Based Insurance Guarantees Conference when making your reservation to receive the group rate. One night’s room and tax will be charged as a deposit at the time of booking your reservation.
The Sofitel Chicago Magnificent Mile is conveniently located within walking distance of Chicago’s most popular landmarks including the Magnificent Mile, Navy Pier and Millennium Park.
O’Hare International Airport is 18 miles away, with estimated taxi fare of $57. Valet parking is available for $72 a night with unlimited in/out privileges.
Table of Contents
Additional Information
Attire
Business casual attire is appropriate for meeting sessions and all SOA-sponsored events.
Refreshments Provided
There will be an afternoon refreshment break during and a reception following the seminar.
Sponsoring Organizations
About Annuity Systems Inc.
Widely regarded as pioneers in implementing hedging strategies for insurance companies writing VA products, Annuity Systems Inc., is a boutique consulting firm that selectively works with clients on various investment strategies and risk-management issues ranging from product development to developing customized hedging strategies to performing forensic audits on risk-management programs and helping implement customized risk-management programs based on proprietary information.
About the Society of Actuaries
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 30,000 actuaries as members. Through education and research, the SOA advances actuaries as leaders in measuring and managing risk to improve financial outcomes for individuals, organizations and the public.
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Venue:
Sofitel Magnificent Mile
20 E Chestnut St Chicago, IL 60611-2664
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4.20 SOA CPD
3.50 CIA
Event Details
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10/18
Hotel Reservation Deadline
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10/21
Deadline for Inclusion on Attendee List
Cancellation Deadline