Description: 2021 Life Meeting - Session 8A: Use of Electronic Health Records in the Assessment of Life and Health Risks 9.1.21 Recording

Description: The National Association of Insurance Commissioners (NAIC) has developed the Group Capital Calculation (GCC) for U.S.-based insurance groups since late 2015. GCC is designed to provide a coherent analytical framework to show a panoramic, transparent view of the interconnectedness, business activities and underlying capital support for an insurance group. The last field testing was completed in May 2019. The final proposal was adopted in late 2020. The Federal Reserve Board (FSB) also recently updated the group capital standard to an aggregation method, which is similar to the NAIC GCC. The Insurance Capital Standard (ICS) is under the development by International Association of Insurance Supervisors (IAIS) for Internationally Active Insurance Groups (IAIGs). It has entered the five-monitoring period from January 2020 to monitor the performance of the ICS V2.0 and the IAIS will perform a comparability assessment of the ICS V2.0 with the Aggregation Method (e.g. NAIC GCC) during this period.

Description: Discover the rapidly developing health and wellness industry during the Use of Health and Wellness Data in L&H Risk Assessment webcast. Our discussion includes the maximization of data usage through several different means, including current risk selection, creation of a dynamic ongoing assessment offering or substitution of traditional underwriting information to shorten the underwriting process. Come explore these different approaches as they affect the health and wellness industry. We will express the importance of a constantly changing data usage environment in order to better prepare insurers to maximize their data and drive health and wellness forward.

Description: Learn from experts how to manage large projects, from managerial and technical perspectives, and drive teams to success. Actuaries are taking on more central roles over their career development, creating a need for skills to coordinate across large groups to deliver results. In this session, you will learn about the key elements within the lifecycle of a project plan that is applicable to any project, and hear from experts and your peers about examples that led to success. This is an interactive session where you will have a chance to discuss the topic with the presenters and other attendees.

Description: Paid Family and Medical Leave (PFML) benefits have expanded rapidly in recent years as an increasing number of states have required employers to provide these benefits to their employees. Examine recent developments in PFML benefits, for example, the presenters will provide information on which states are introducing or considering PFML programs, what types of benefits are provided, what types of data is available to monitor experience, and what challenges programs have encountered.

Description: People of color in the US have different cultural norms, like hierarchical orientation, relationship orientation, communication styles, and team orientation. For example, in certain cultures, communication is much more indirect, and relationships are much more personal, than in others. How do these norms impact organizational and leadership culture? What leadership and communication styles are valued at work, and how do diverse individuals navigate work culture with their own personal norms to create success for themselves and the organization? This session will explore how cultural diversity impacts organizational and leadership cultures.

Description: 2021 ImpACT Conference - Session 1C: GREAT DEBATE: There Exists an Actuarial Profession: Yes or No 10.25.21 Recording

Description: The Great Resignation of the Post-COVID-19 era has affected nearly every major industry and profession over the past year. The actuarial profession, which has historically been a beacon of stability,is also impacted. Actuaries are leaving their positions at higher rates than ever before, demanding increased pay and benefits, more flexible hours, and the ability to work remotely. Ever-increasing demand for actuaries due to constantly evolving regulatory and business needs has widened the gap between the demand for and supply of actuarial work. What innovations are available for actuarial employers looking to bridge this gap? Get ready to listen to a panel of specialists on actuarial staffing models. The panel will discuss direct hiring, staff augmentation with consultants, independent contracting, and offshoring / outsourcing. The panel will explain how employers might pursue these options as well as the costs and benefits of each. Learn more about how current employees can benefit from various staffing models while avoiding common pitfalls; for example, how to engage and work effectively with offshore resources.

Description: Learn to build an element of international exposure into your career. International assignments are incredibly varied, some of which include covering international issues from a home-country post, to short-term assignments abroad, longer postings abroad, or building a lengthy career in your country or country different from your home. Our panelists are from a variety of countries of origin, career stages, and practice areas and will share their experiences and field questions.

Description: 2021 ImpACT Conference -Session 8C: Insurance For the Next 100 Million 10.27.21 Recording