Description: 'Rethinking Bias in Communication: Persuasion for Actuaries' will delve into the art of persuasion and the science of belief change. Drawing from contemporary works like 'How Minds Change' and 'Think Again,' this session will equip actuaries with tools to recognize and deal with cognitive biases present in communication, and foster a culture of continuous learning and open-mindedness. Attendees will leave with working knowledge of some of the psychological forces at play in decision-making and communication, strategies for engaging in more productive dialogues, and tools to facilitate belief changes in themselves and others.

Description: Come discuss the benefits and challenges of collaboration between academic institutions and industry stakeholders in shaping actuarial education and research agendas. Register for this event now.

Description: At the conclusion of this session attendees will be familiar with the status of the NAIC's GOES project and have a better understanding of the scenario sets under consideration and how they can be tested to assess the potential impact to principle-based reserve and capital levels.

Description: "The video from Syed Raza demonstrates how actuaries can use LLMs to support strategic decision-making. This example shows the use in evaluating whether to purchase longevity reinsurance or retain the risk in-house. Syed introduces a scenario where an actuary uses ChatGPT to list key decision factors like capital impact, risk appetite, regulatory considerations, and operational readiness. ChatGPT then generates a structured comparison table based on detailed inputs, offering a side-by-side analysis of financial and risk trade-offs. The script emphasizes ChatGPT's value in uncovering nuanced risks for both options—such as reinsurer default or assumption errors—and underscores that the tool enhances, but doesn’t replace, human judgment. The conclusion stresses the importance of verifying inputs and using AI as a decision-support aid to ensure thorough, balanced, and efficient actuarial analysis. Contributors: Syed Raza, FSA, MAAA; Tom Callahan, FSA, MAAA; Jon Forster, ASA, MAAA. "

Description: The innovation landscape in life insurance is increasingly shifting towards providing benefits that extend beyond traditional death benefits. This evolution often manifests in the form of combination products, product bundling, and ancillary benefits. These innovative designs aim to enhance customer value throughout the policyholder's lifetime, addressing a wider array of financial and lifestyle needs while managing costs effectively. This webcast encapsulates research on how U.S. insurers are innovating in the realm of non-life benefit offerings.

Description: The advent of emerging technologies such as blockchain, decentralized AI, and advanced privacy preserving techniques have created the possibility that billions of individuals may be able to maintain sovereignty and control of their own data. As data becomes increasingly valuable as the means of production for a variety of digital goods and services, this self-sovereignty of data may create a new economic framework of individualized data monetization. This session will explore the key factors, technologies and mega-trends in health and medicine aligning to drive this new economy and explore what the future may look like from a data valuation perspective as the current $120 billion secondary market for health data expands to include consented health and health-relevant data from more individuals, to the benefit of all individuals and the healthcare system as a whole.

Description: Delve into the factors contributing to the rapid growth of high-cost medical treatments and how payers can manage the financial exposure that comes with them. Learn about the current and near-future state of million-dollar medical costs, as well as the trends shaping the industry. By attending the session, you will have a better understanding of the underlying drivers of high-cost treatments and will be equipped with practical strategies for mitigating their financial impact, including risk management techniques, cost containment measures, and new payment models. Additionally, you will be able to identify key considerations for implementing these strategies in their own organizations.

Description: How can generative artificial intelligence (AI) be leveraged to transform and modernize life insurance? Gain an overview of AI and some of their current use cases in the industry, including the latest trends in the market. Next, you will learn about the current challenges companies face, including costly underwriting procedures, customer acquisition and retention, and complicated application processes. Finally, explore how generative AI can help address these challenges, improve customer experience and help streamline processes to free up more time for higher-level business insights and other company initiatives.

Description: The Inflation Reduction Act represents the largest change to the Medicare Part D program since its inception in 2006. With a complete redesign of the Part D program coming in 2025 (the next bid cycle), there are health plan, operational and analytical challenges that lie ahead. In this session, you will: Hear highlights on some of the key changes occurring in 2025 Learn about key considerations for health plans and other stakeholders in the Medicare and commercial markets Discover potential winning strategies and potential analyses that could inform those strategies

Description: Actuaries today have unique opportunities to analyze, understand and use data for strategic decision making. With nearly unlimited computing power and a broad spectrum of data sources at our fingertips, we are enabled to support our actuarial judgment with comprehensive findings backed up by deep data analyses.