Description: If anyone is a paradigm of the notion that learning never stops, it’s Head of Actuarial Modeling and Experience Study for Munich RE Winnie Liu. Winnie set her sights on new horizons after almost 20 years in the insurance industry. Her interest in cutting-edge predictive analytics had been budding for years, and in 2017, she set out to earn her Predictive Analytics (PA) Certificate from the Society of Actuaries (SOA).

Description: A drive to push through the fear of failure is one of the traits that separates successful entrepreneurs from the pack. And as Nazir Valani learned early in his career, that drive is especially important when doubts come from people he looked to for encouragement.

Description: The article highlights key considerations as companies begin to reserve for their IUL products under PBR.

Description: Career changes typically follow a major milestone—a promotion, a job offer, a new degree, maybe a cross-country move. For Patrick Getzen, exposure to some new perspectives ignited a shift.

Description: Data is everywhere. Health care generates as much as 30% of the world’s data, and new technologies are changing how life insurers analyze consumer information. Actuaries are business-savvy problem solvers. They understand how to leverage the latest technologies and techniques to turn data into actionable insights and solutions for businesses and can communicate those findings to multiple audiences. SOA-credentialed actuaries use predictive analytics to inform organizational and business strategies, with efforts such as identifying chronic conditions in their early stage or determining stress levels through sweat patterns.

Description: The SOA continues to support actuaries working with predictive analytics, from insurance companies and healthcare providers to financial service firms.

Description: Twenty years ago Steve Tutewohl’s clients were taking bold risks with limited information, little analytical support and hardly any data. As an actuary working on the provider side, Tutewohl started out in a traditional role in an untraditional environment. In his early years at Valence Health he was focused on educating, informing and bringing knowledge to providers so they could level the playing field with payers when they were negotiating and managing risks. Today Tutewohl’s clients have “data that is above and beyond what the payer has.”

Description: This e-book contains topical essays that express the opinions and thoughts of a number of authors on the subject. It should be understood that the thoughts and insights shared herein are the opinion of the authors and not necessarily those of the Society of Actuaries, the Casualty Actuarial Society, the Canadian Institute of Actuaries, or corresponding employers of the essayists.

Description: Presented at June 1996 Spring Meeting. This discussion looks at redirecting the traditional role of the actuary into new areas such as working with doctors to deal with medical management issues, dealing and negotiating with providers and how to help the company develop a provider payment strategy. Employers negotiating directly with providers is also discussed.