Description: December 2019 issue of Small Talk by the Smaller Insurance Company Section. Practical information for actuaries, trends that impact section, and section activities.

Description: For actuaries, the greatest barrier to advancement into the highest levels of insurance and consulting organizations is the lack of strong leadership and management skills. Studies show that while professionals typically take on management responsibilities within 10 years after starting their careers, they may not receive any formal training for 5-10 years after that. This puts them at a great disadvantage in managing their teams, in the short run, and becoming high-level leaders, in the long run.

Description: Following the success of our first webcast on IFRS 17 implementation in the GCC, we are excited to announce the second installment, which will take place on September 26. This time, we will have a new panel of experts representing the actuarial, finance, and IT functions. The journey towards IFRS 17 implementation has been complex, but it has also brought these three functions closer together, creating a true team effort. The SOA has been a committed partner in this journey, providing in-depth technical support to the industry. Our IFRI Certificate program has been well-received around the world, and we have also delivered several webcasts on the topic, including a three-part series with simultaneous translation to Arabic. This webcast is the second part of our three-part series on the implementation of IFRS 17, which went into effect on January 1, 2023. The series will focus on the lessons learned, challenges, and best practices that have been experienced in the GCC. The third and final discussion will take place in person during the SOA's Regional Symposium in Riyadh on November 19-20. We hope you will join us for this important discussion.

Description: Explore similarities between actuaries and data scientists as speakers share personal experiences on the importance of organizational structure. Attend the Actuary, Data Scientist, or Actuarial Data Scientist webcast to discover the effectiveness of partnering both of these career paths in a life insurance atmosphere. In addition to personal experiences, speakers will discuss several success stories where collaboration and connection became the key to driving innovation. Come learn about the progress these professions have caused in pricing and risk management.

Description: Discuss a comparison of the U.S. general and insured population mortality experience and how COVID-19 and non-COVID-19 excess deaths impacted the populations differently. Discover the population mortality experience in the UK with a focus on the recent emergence of excess deaths for non-COVID causes. The long-term implications on the insured population will also be explored. Wrap up with a discussion of different conditions of long COVID, including organ impairments.

Description: Leadership and Management Skills Workshop – Business Execution

Description: “In this session, the presenters will share with you the industrial practice for constructing the mortality table from 0 to 1. It covers the journeys in both Hong Kong and Singapore and summarize the key takeaways from these journeys. Besides, the speakers will share with you their biggest challenge during their process, how they resolve this, and address the most common technical issues faced in conducting the mortality tables. Any fellows interested in these topics are most welcome.“

Description: This webcast will explore the shifting landscape of healthcare costs. It will cover healthcare trend basics, recent developments, and what’s ahead. Drawing from comprehensive data analysis and industry insights, this presentation promises to equip attendees with actionable knowledge to navigate the complex terrain of healthcare expenses effectively.

Description: Discover the "101” basics of project management including developing project plans, monitoring progress relative to timelines, facilitating meetings, communicating with the project team and stakeholders, and effective tools to support project management. There will be a focus on the type of technical work actuaries are often asked to manage, such as actuarial modeling projects.

Description: In this session, presenters will discuss the construction of the mortality table from 0 to 1, drawing from their experiences in Hong Kong and Singapore. Learn about key takeaways from these journeys, including the speakers' biggest challenges and how they overcame them. This session is open to all fellows interested in these topics. Don't miss out!