Description: Cover a variety of topics centered around the unsupervised learning technique called 'clustering'. The presenters will take you through a wide array of topics that range from 'What is Clustering?' to 'How can I use this technique to solve problems I didn't even know existed?' In the health care industry, everyone is looking for an edge in reducing total spend-cluster analysis finds the unambiguous in an ambiguous framework of results.

Description: 2021 Life Meeting - Session 9A: ASOP 56 - Modeling Begins in the Middle: Don't Forget the Beginning and the End 9.1.21 Recording

Description: The American Academy of Actuaries and the Society of Actuaries have joined resources to maintain this Economic Scenario Generators Excel Workbook tool for use in regulatory reserve and capital calculations. Please see the SOA website research pages for further information on this tool and how to use it.

Description: Hear about some applications using quantile regression-derived individual and group claim distributions and how they may be used in various traditional health care modeling situations. The session will not focus on the technical use of quantile regression to obtain estimates of claim distributions, but more so is intended to focus on the uses of the distributions in actuarial modeling and the additive framework in assessing claims distributions. Presenters will show how actuaries can better assess risks by focusing on the individual- and group-specific claims distributions as opposed to traditional point-estimate-centric models.

Description: The COVID-19 pandemic has had an impact on all aspects of daily life and its impact extends to how disability incidence may play out in the future. Product profitability will be shaped by how morbidity patterns, interest rate levels and other key drivers will play out into the future. In this session, our panel will discuss COVID’s impact on IDI morbidity experience as observed over the past 18 months, offer comparisons and insights in light of other insurance lines of business, and share emerging information on the on-going effects of Long COVID. Highlights will also include how regional differences and implications for insurers as the industry moves further into the COVID vaccine era.

Description: Reunite with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, IFRS 17, product strategy, cross-border communication and discussion, and more. Advance your career through learning and networking opportunities, and share your experiences in the finance and insurance industries, as well as other fields related to actuarial science.

Description: The actuarial profession now has an official definition of a model with the introduction of ASOP 56. In this session, we'll examine how the definition of this model has expanded and what it means for our daily work as modelers. Have your practices as a modeler complied with ASOP 56 since it was drafted? What new practices will you need to put in place to work in accordance with the new ASOP? We'll answer these questions as we delve into ASOP 56 and how it applies to modeling and the processes that support it. Interpret ASOP 56 as it applies to their daily work. Identify areas of their current processes that could be enhanced to better comply with ASOP 56. Design documentation in accordance with ASOP 56.

Description: 2021 Life Meeting - Session 5E: Importance of Strategic Asset Allocation in a Rapidly Changing Macro Environment 8.31.21 Recording

Description: The Individual Life Experience Committee is holding a competition encouraging actuaries and other interested parties to predict 2017 industry mortality based on a data set containg 2009 - 2016 data. The competition is not only about predicting mortality, but also about explaining and presenting the results.

Description: Examine initial insights on LDTI modeling best practices, as well as high-level principles that enable successful LDTI model implementation, during this GAAP webcast. Many companies are finalizing their LDTI reporting before their "go live" date of January 1, 2023, and this LDTI Modeling Lessons Learned from AXIS, Prophet and Polysystems webcast details what they've discovered during implementations. Learn about key principles for LDTI modeling, in addition to useful functionalities from AXIS, Prophet and Polysystems software. Explore the AXIS US GAAP Historical Database for ways to import, store and manage historical data for LDTI calculations, Polysystems suite of data tools and software to support LDTI and the Prophet Disclosure Library and LDTI Toolkit that allows self-contained calculations of disclosure entries for LDTI balances.