Description: Join this session to awaken your “Inner Actuary” and identify new, state-of-the-art resources and perspectives to discover purpose, direction, and value in embracing and growing the competencies for career and life.

Description: The prospects for China's health insurance has increased significantly in 2018, incentivized by a series of favorable government policies to support the development of commercial health insurance. However, the market still lacks relatively mature products and services. Overall there is a common understanding in the industry that good coverage plus service is the foundation for health insurance future development, and product innovation plus care management is key for an insurance company to maintain sustainable development in the competition. In this presentation, Dr. Yang will discuss the market trend both at home and abroad with respect to health management as well as its impact on product design, pricing and cost control. With the development of internet and big data, today’s health actuary has a special role in taking advantage of the digital transformation and achieving a high-quality and efficient health care service model.

Description: Since the international financial crisis, accounting standards have become an important part of financial supervision rules, which objectively requires us to study the reform and development of accounting standards from the perspective of financial stability. Since the release of IFRS17 in 2017, the research and discussion of IFRS17 in the insurance industry has focused on technical details and implementation, while the economic impact and pros and cons analysis of IFRS17 are few. As a result, the industry's understanding of IFRS17 is not comprehensive enough, and there are still many disputes, and no industry consensus has been formed. In the future, the insurance industry should strengthen the research and analysis of IFRS17 from the perspective of financial stability, deepen the understanding and cognition of IFRS17, and improve the ability to control and use IFRS17.

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

Description: Notes on the IAA meeting that took place in D.C. in May

Description: This article is an interview with ‘pioneer’ Nooruddin [Rudy] S. Karsan, FSA, one of the co–founders of Kenexa® Corp., a leading end–to–end provider of software, proprietary content, services and process outsourcing, that enable organizations to more effectively recruit and retain employees. The company was founded in 1987 and started with two employees. Today Kenexa has 1,600 employees. Karsan discusses his life and entrepreneurial career. He enjoys managing and building businesses, and the challenging opportunities, but that's just one part of his life the other is focusing on serving humanity—the two basic words, he says, that define Kenexa. From ‘The Actuary Magazine’ Volume 5 Issue 4.

Description: A discussion with an experienced actuarial manager on how the COVID-19 pandemic has impacted people management and what we can learn and apply in the actuarial profession going forward.

Description: Distribution channels matter because they impact how products reach the clients, client experience with the company, and are a key driver in total company performance. Think about this, the pricing actuaries could design innovative products that meet client needs, but without distribution channels communicating the right messages to the clients and addressing their questions, the products probably would not sell.

Description: There is a growing amount of “off-balance sheet” talent in the US and Global workforce. This spans from consultants and contractors, to gig workers and the crowd (both curated crowd and open crowd). One such example is Uber and Lyft workers. Insurance companies and the Actuarial profession have started to experiment with platforms such as Kaggle and this will continue to grow and evolve. This article explores these new sources of talent for companies, the implications to the actuarial function, benefits and challenges of the evolving workforce.

Description: Educational opportunities for those interested in Long Term Care.