Description: Join us for an exciting session as Actuarial Innovation & Technology Strategic Research from the SOA's Research Institute unveils two recently published research reports: ""Unveiling the Life Insurers' Actuarial Transformation Journey and the Impact of Analytics"" and ""Exploring Revolutionary Advances in Underwriting: An Initial Assessment of Epigenetics, Medical Tests, and Wearables"". In the first report, we delve into the evolving landscape of life insurers' Actuarial Transformation efforts, shedding light on their future prospects and emphasizing emerging Advanced Analytics techniques. The second report serves as the inaugural installment of a series dedicated to identifying promising innovations for underwriters and actuaries, and it promises to alert the SOA to the latest developments. During this session, our presenters will provide an insightful overview of the key findings and key takeaways from both research reports. By the end of the session, attendees will gain a deeper understanding and appreciation for the invaluable research conducted in these areas.

Description: Innovation can be a challenging goal to achieve for many organizations. Come explore how actuaries at any career stage can drive innovation in their organization and how innovation happens in companies. You'll also learn about what problems arise when organizations first start bringing an innovation mindset into play. Come discuss the practical aspects of making innovation happen for each person, whether they are an individual contributor, a team manager, personally responsible for organizational innovation, or ready to take the entrepreneurial leap.

Description: Dive into an overview of potential customer value propositions, trends in consumer acceptance and adoption, solving the data portability issue, potential impacts of emerging partner ships with OEMs and more within the auto insurance industry during our latest webcast. Experience interactive dialogue that will allow another dimension of thinking as industry experts provide insights and expertise. Throughout this webcast, you can expect developments in the personal lines automotive telematics-based insurance landscape that will develop a further understanding of the present and future of this industry.

Description: Learn to utilize one of the most requested skills in the actuarial science job advertisements. During this webcast, discover the benefits of programming, how to identify and explain complex technical information and ways to create stunning visuals with ggplot2, which exceed the capabilities of Excel. With your webcast attendance, you will receive a document with detailed explanations, codes and underlying data. Enjoy exercises which allow the creation of fully reproducible solutions. This means an easy reproduction of all presented plots learned during this webcast. Register and take the next step toward building enticing visualizations.

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: Find out how actuaries can use the principles of microservices, which are fundamentally important for improving outcomes for actuarial modernization initiatives. This presentation is NOT worried about Mmcroservices technology itself, but, microservices have properties that actuaries can mimic and replicate to make business processes be more efficient, more timely, and easier to maintain and govern. Focus on how you can incorporate software engineering concepts into help solving actuarial problems without concerning yourself with software engineering technology.

Description: You will be reminded how to spot and avoid statistical biases and fallacies that are common to health care actuarial data and problems. We plan to explain various statistical biases and fallacies and for each show one or two examples of how they might pop up in healthcare data and what strategies can be used to avoid/account for them. Likely topics include simpson's paradox, regression to the mean, base rate fallacy, sampling bias, survivor bias, Berkson's fallacy, and others.

Description: The session begins with a brief introduction to Gen AI, including “what it is” and how to optimize outputs.Then, we will to provide some insight into what we are seeing within the Actuarial space – this would include the extent to which actuaries are using Gen AI on a day-to-day basis, how they are going about using it, and some predictions as to where this will go. Finally, we will dive into specific actuarial use cases – we have a few bespoke built actuarial demonstrations to show and will supplement this with a discussion on the broader spectrum of actuarial use cases. We plan for this to be the bulk of the session.

Description: Amid ongoing virtual work environments and shifting employee expectations, finding a way to provide a desirable and engaging employee experience has become a priority for many leaders. A positive work culture, growth opportunities, a sense of connection and belonging, and ongoing communication all play a role in driving success for professionals of all levels, tenures and locations. In this session, esteemed panelists will explore key elements and best practices for shaping an employee experience that keeps teams engaged and connected throughout the entire employment lifecycle, resulting in a productive and fulfilled workforce where team members feel valued and motivated.

Description: This session will include examples of healthcare claims and market data to be used for educational purposes to highlight trends in the insurance industry. It will also highlight opportunities to enforce existing laws around fraud and abuse, and areas for regulators and legislators to focus to address this growing problem. Finally, it will discuss recent law changes and highlight areas requiring additional regulatory intervention. Expect discussions of recent claim issues and laws in the healthcare market as well as emerging issues in healthcare. The presentation will be beneficial to healthcare professionals working for health insurers, healthcare providers, auditors, regulators and healthcare providers and will also cover professionalism related topics for actuaries.