Description: FASB has provided broad guidance for application of long-duration targeted improvements (LDTI) in Actuarial Standards Update 2018-12 for U.S GAAP financial reporting. However, the broad guidance provided leads to several interpretations and technology, data and system implementation challenges. During this session, the presenters will focus on sharing the technology, system and data challenges and insights gathered from their FASB LDTI implementation journey, including lessons learned from collaboration with other discipline areas and stakeholders such as finance, investment and IT. The presenters will also discuss methods to overcome challenges and go beyond compliance.

Description: Predictive modeling continues to gain traction in the life insurance industry with the rapid growth of available data and maturity of open source tools. New methods and technology in predictive analytics have enabled the evaluation of extremely large data more quickly and allow us to incorporate features previously not considered. The presenters will provide background on predictive modeling tools and algorithms utilized by actuaries and data scientists for life insurance, highlighting applications from marketing to underwriting.

Description: Feature article discussing ethical issue that may arise in an automated decision-making model.

Description: Feature article that contends in order for actuaries to thrive, technology needs to be central to company strategy and actuaries should view coding as a core competency—equal to or more important than other “traditional” skills.

Description: Discusses an SOA study entitled Blue Ocean Strategies. The objective was to deliver insight into how the use of technology may impact the design, marketing, sales, underwriting and/or processing of insurance.

Description: In this article, Microsoft describes how it is meeting the insurance industry's need for increasingly powerful software tools.

Description: This article is about how to start a career in the technology field.

Description: Editor Howard Calif introduces the new newsletter design and articles.

Description: Describes Web 2.0 and discusses its benefits.

Description: Call for articles, book reviews, and other pieces for the newsletter.