2020 and 2021 presented numerous challenges to life and annuity product development actuaries. External forces required carriers to rethink underwriting requirements and risk assessment in real time. Alterations in regulatory frameworks and statutory requirements forced changes to product development priorities while alterationsin the work environment forced changes in how work routines were structured. This session will bring together a group of life and annuity stakeholders to discuss how they addressed these and other challenges, and how their work will be impacted going forward.
At the conclusion of the session, attendees will be able to:
• Discuss how events of the last year have impacted life and annuity product development actuaries
• Understand how changes adopted over the last year will impact the work of product development actuaries going forward