Description: The war for actuarial talent is intensifying, amplified by an existing mid-level talent gap and increased competition from outside industries. As insurers continue to experience “Great Reshuffle,” effectively retaining junior and mid-level actuaries and growing them into future leaders is vital for long-term success. Actuarial leaders must be strategic in how they demonstrate commitment to their employees’ futures and proactive in providing clear career pathing and development opportunities within their organizations. Discuss common characteristics and expectations of younger generations, the skillsets essential for tomorrow’s leaders, the role professional development plays in retention, and ways to effectively support their growth and advancement to build long-term loyalty. Gain insight into specific actions to maintain open and honest conversations with your teams, uncover employees’ career aspirations, and grow vital interpersonal skills among high potential employees to foster a bench of future leaders who can think beyond the numbers and provide broader enterprise impact. By attending the session, you will:•Understand the values and characteristics common to younger generations, while recognizing and emphasizing individual needs.•Uncover how to identify and support individual employee’s professional aspirations to increase retention.•Identify the skills that separate good actuaries from great leaders and how they can be developed.•Leverage strategies and tools to grow future leaders and help close the mid-level talent gap within their own organizations.

Description: Explore concepts of listening, intention, emotion and bias to promote constructive conversations and constructive feedback. A panel of actuarial leaders will share skills and techniques they use to deal with topics that are sometimes stressful and tough to deal with. By utilizing a strong feedback model and emotional intelligence, anxiety and frustration can be reduced for everyone, leading to purposeful outcomes and positive resolutions. There will be time to ask questions and seek advice for difficult situations you may be experiencing. Possible topics: - Asking for a raise or promotion - Giving performance reviews - Sharing insights with your boss - Team members not pulling their weight By attending this session, you will: - Reduce fear and anxiety - Improve problem-solving - Enhance listening skills - Understand motives of self and others

Description: In the time since the original proposal to move healthwriting companies from the blue blank to the orange blank, there have been several incremental updates to the blue blank by the NAIC Blanks Working Group to integrate portions of the orange blank into the blue blank. Meanwhile, the NAIC RBC Working Group has issued their proposal to change the health test for comment and appear to be moving forward with the proposal to revise the health test. This would obligate companies that write predominantly health business onto the orange blank rather than the blue blank, which they have historically used for reporting. Discover background of the revised health test, the incremental updates to the blue blank that have been implemented recently, additional incremental updates proposed for upcoming blue blanks, and the current status of the Health RBC Working Group proposal to revise the health test. Hear observations about companies that have opted to 'take the plunge' and move to the orange blank ahead of the revised health test as well as companies that have opted to remain on the blue blank and incrementally update as new requirements are integrated into the Blue blank. By attending the session, you will be able to: • Understand the context of the initiative to revise the NAIC health test. • Summarize the recent changes to the blue blank implemented by the Blanks Working Group that integrate portions of the orange blank into the blue blank. • Summarize the upcoming proposed changes to the blue blank by the Blanks Working Group that integrate additional portions of the orange blank into the blue blank. • Summarize the current status of the Health RBC Working Group proposal to revise the health test. • Provide industry perspective on companies that have opted to move to the orange blank ahead of the revised health test and companies that have opted to remain on the blue blank until the NAIC requires it.

Description: With seemingly unending demands on life & annuity companies for more intense and complex calculations, as well as greater sophistication around analytics, and all of this done at speed, never before has it been so important to seek out maximum efficiency in constructing models. In this session the panelists examine how the combination of various model efficiency approaches, pulling in many different facets of modeling and making it flexible enough to dial up or down various modeling components, can bring about incredible results. Not only does it become possible to produce and expand upon financial risk metrics via a building block approach, but also enables life insurers to produce analytics and dashboards to support strategic decisions that were simply not possible or cost effectively viable before.

Description: 2021 ImpACT Conference -Session 10A: Building Academic-Industry Research Partnerships 10.28.21 Recording

Description: Address issues in value-based contract accounting from an actuarial perspective. In Medicare and ACA business, what issues does risk adjustment present to value-based contract accounting? In Medicare, what issues do Part D present in value-based contract accounting and what are possible solutions? What are the issues in the use of provider stop loss in value-based contract accounting? Are there issues in the timeliness of claims in value-based contract accounting? Are we giving providers enough information for them to manage their population? How do we deal with deficit accounts? What are the pros and cons of capitation, gainshare, and full risk in value-based accounting?

Description: Almost half of recent FDA approvals have been for orphan drugs. This trend is expected to continue in 2023. Orphan drugs are priced more than 30 times higher than non-orphan drugs, therefore their cost burden in aggregate has the potential to overwhelm the budgets of payers, especially that of smaller health plans. Hear how the cost impact analysis for smaller health plans require different considerations than for a larger health plan when modeling the impact of rare diseases.

Description: Struggling to build a diverse and representative team? In this session, listen in on a discussion about best practices to consider when building a diverse team, how to set DEI goals and track them to ensure you are empowering diversity in how your teams deliver work.

Description: "Stories have the power to change minds, and leading with facts and figures only hardens pre-existing opinions. Learn to leverage the power of story to effectively communicate with and enroll your stakeholders. Andrew Sykes, CEO, Habits at WorkAndrew Sykes is the founder and CEO of Habits at Work, an experiential sales training company on a mission to make sales the most trustworthy profession on the planet by empowering sellers to practice and embody the mindsets, skills, and habits that build and maintain customer trust. Sykes is a Lecturer of Entrepreneurship at Northwestern University’s Kellogg School of Management and part of the Kellogg Sales Institute Executive Education Team where he teaches the award-winning course “Entrepreneurial Selling.”"

Description: Discuss constructive ways for forming a mutual beneficial relationship with the manager/superiors. Success does not mean you have to accommodate others' demands/weaknesses. Handling it effectively will ensure reaching everyone's goals. By attending the session, you will learn different perspectives on working efficiently with your superiors/more experienced coworkers and how to take initiative in driving the career development towards the desired direction.