Description: Insurance carriers today must balance a multitude of factors to remain relevant and innovate- -process improvements and efficiency (automated or traditional); -customer experience (less intrusive, more data); -distribution (aging traditional, product focus, emerging opportunities); and -mortality. While these factors are not new, true innovation in these areas require a convergence of engagement among actuaries, underwriters and data scientists to determine the specific pain points and appreciate both the benefits and consequences of various paths. Explore examples of how best to approach these topics, engage different disciplines, avoid pitfalls and ensure a holistic view. Real life examples and lessons learned will be shared during this session.

Description: Join us for the morning session to kick off the conference, including an opening address from 2021-2022 SOA President and Chair Jennifer L. Gillespie, FSA, MAAA. Gain new perspectives from keynote speaker Mico Yuk, chief data influencer, Count.co, and Analytics on Fire Podcast host through her presentation on how to harness data for insightful storytelling.

Description: Long-term care (LTC) benefits are sold less these days as a standalone product and more commonly as a hybrid product with a life insurance or annuity chassis. In this 'Shark Tank' game show, the LTC benefit scrutinizes traditional, variable, and indexed life, and annuity product chassis in search of a winning combination.

Description: As the world migrates to decarburization strategies among governments and corporations, there is still a big gap and lack of access for individuals, as well as small and medium enterprises. Join us to discover that there are huge opportunities in how insurance companies can articulate and democratize access to voluntary markets of carbon credits and be recognized economically for changes in habits that reduce emissions from a base scenario standpoint. There are opportunities from a marketplace of carbon credits between individuals and enterprises that participate in voluntary and regulatory markets, in addition to opportunities that ensure the compliance, price fluctuation, and operation behind the emissions goals that are established by governments and individuals. Also, by this market articulation, companies could catalyze the reduction in net global emissions by accelerating the participation of non-evident actors in these voluntary and regulatory markets

Description: There can be significant differences between the motivation behind and process for decision making between defined contribution (DC) and defined benefit (DB) plans. Discover various aspects of those differences to better empower actuaries and engage with DC plan decision making. Key topics you'll explore will be: plan sponsor motivations, legal risks and the structure of the intermediary market and their roles.

Description: With large public filers having adopted LDTI in 2023, company practices are continuing to evolve as it relates to experience monitoring, assumption unlocking, as well as both internal and external communication and disclosures related to assumptions. In this diverse session featuring representatives from both insurance companies as well as industry analysts, we'll explore how companies approach emerging experience in a given year through a case study approach. The moderator will explore various topics such as off-cycle experience monitoring, experience outliers, simplifications and approximations, and materiality considerations. Each 'what-if' scenario will start with a prompt from the moderator, discussion among the industry panelists as to how they would approach the situation within their own organization, followed by commentary from the analysts as to how they might expect companies to respond in each case. Audience participation will be encouraged to explore potential alternative approaches in an engaging, interactive session.

Description: The Society of Actuaries will be offering this webinar series intended to educate and investigate aspects of life insurance, annuity, and long-term care product tax compliance. Developed by the Taxation Section, participants will be brought up to date on recent Internal Revenue Service (IRS) guidance and learn about the newest tax issues related to product design and administration. Legal, IRS and product development experts will provide vital insights into the challenges of developing and administering products within the requirements of the Internal Revenue Code (IRC) and allow ample opportunities for questions and information exchange. This session will provide an intense introduction to the basics of product taxation, with a focus on life insurance and the requirements of Section 7702A.

Description: This three-part series provides an overview of the rapidly evolving and dynamic gene and cellular therapy landscape, from the clinical, historical, and risk transfer perspectives. It covers the actuarial considerations in pricing cell and gene insurance and reinsurance, the value assessment of the therapies, manufacturer pricing, and reinsurance cost.

Description: This video by Arthur da Silva, FSA, FCIA provides a primer on Application Programming Interfaces (APIs), which are mechanisms that enable communication and integration between different software components. The video explains what APIs are, how they work, and how they are used by actuaries today and in the future. The video also discusses the benefits and trade-offs of APIs, as well as some examples of common and actuarial-specific use cases.

Description: Defining fairness for life insurance processes is complex and challenging as well as subjective. This webcast will be a discussion of the challenges and opportunities presented as our profession rethinks fairness in the context of processes involved in developing and managing life insurance, especially risk classification.