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V78: Model Governance in a PBR World Virtual Session

Date
August 30, 2016

Competencies

External Forces & Industry Knowledge

Time

3:15 - 4:45 p.m. ET

Location

This virtual session takes place via the Internet.

Registration Fees

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.

Primary Competency

External Forces & Industry Knowledge

Description

Actuaries traditionally set assumptions and use models for pricing, financial reporting, modeling and risk management functions. Assumption and model governance is an evolving practice with growing interest due to ORSA-influenced regulations. Now, with the advent of PBT, a special emphasis will be placed on governance as the valuation world shifts to a new era. Experts at this session will discuss the practical issues of model and assumption governance in a PBR world, especially in light of the requirements of VM-G.

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

  • Describe assumption governance developments and leading practices, especially as it relates to PBR;
  • State the requirements of VM-20;
  • Prioritize improvements; and
  • Better manage stakeholder expectations.

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 2016 SOA Valuation Actuary Symposium in Hollywood . 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 for live response during the session.

You will participate in the virtual session via the Internet. A computer with Internet access and sound capabilities is required. No other equipment is necessary. On Aug. 26, 2016 before 2:00 p.m. CT you will be sent detailed instructions via email including the web address for accessing the program. Any handouts that are available will also be sent. You will follow along with both the slide presentation and the video and audio portion of the broadcast over the Internet.

The registration fee includes:

  • One access code to the live virtual session;
  • One Internet connection; and
  • One set of presentation materials.

Please note that each access code may only be used once, for one location, even if you register for more than one participant.

Post-Event Purchase Opportunity

For those who are interested in SOA virtual sessions, but are unable to participate in the live event,  access to an archived recording of the virtual session will be available for purchase  approximately 10 business days following the event.