C-Suite Panel DiscussionC-Suite Panel Discussion Retirees will face the societal issue of inadequate savings ... closely follow federal law. The Sherman Act, is the primary U.S. antitrust law pertaining to association activities ...
Description: Retirees will face the societal issue of inadequate savings with likely insufficient time to rectify the situation. They need immediate growth, but also the disciplines of risk management. They typically do not know how to engage with these two aspects in a harmonious manner on their own. Insurance companies are in the business of providing the solution but regulators have been clamping down in favor of simpler and more transparent products. In addition, the market reality over the last decade has been that insurers have stock betas at a multiple to the general markets with PE ratios well below. A panel of senior professionals from writers of retirement product business will present their vision of how the insurance industry can address the above dilemma, including the risks underlying the writing of the business, impact of financial markets, and regulations in the development of the business.Hide
- Authors: Rajeev Dutt, Sam Nandi, Frank Zhang, Axel Andre
- Date: Nov 2019
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Topics: Annuities; Annuities>Equity-indexed annuities; Annuities>Fixed annuities; Enterprise Risk Management
System and Organization Control Audit: How to Appropriately Plan and Prepare for a Successful OutcomeSystem and Organization Control Audit: How to Appropriately Plan and Prepare for ... closely follow federal law. The Sherman Act, is the primary U.S. antitrust law pertaining to association activities ...
Description: "As outsourcing continues to gain widespread adoption among companies looking for cost-effective, efficient technology solutions, such companies are demanding high levels of assurance from these organizations about the integrity, accuracy, and reliability of the services or products being provided to them, especially when sensitive financial, private, and confidential data are involved. Such assurance is critical for risk management and mitigation at user entities -- which retain responsibility for any outsourced services or products. Organizations can offer clients assurance through System and Organization Control (SOC) reports. These attestations focus on the design and operating effectiveness of controls related to financial reporting or operational controls at organizations. SOC reports have become the market standard for third party attestation and can serve as a powerful testament to your company's commitment to sound operating practices and the company's ability to meet regulatory, compliance, and market demands. Increasingly, SOC is becoming a necessary prerequisite in order to advance in the sales discovery and RFP processes. The presenters directly involved with audit preparation and ongoing audit activity will bring insight regarding these audits and discuss how to appropriately plan and prepare for a successful outcome. Interactive discussion with questions coming from attendees is expected."Hide
- Authors: Amber Damergis, Binita Pradhan, Rajeev Dutt
- Date: Nov 2020
- Competency: Strategic Insight and Integration
- Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Operational risks