Description: Syllabus for Studying for Statistics for Risk Modeling (SRM) Exam

Description: The Long-Term Care Crisis and You John Ferrara, FCA, MAAA, and Nathan Nutt, Actuarial Intern

Description: In this topic call, we will focus on opportunities for actuaries to flex both their entrepreneurial and innovative muscles within a standard insurance / consulting environment, with a focus on how practitioners of all levels can influence a company’s products, processes, and more. We’ll touch on how to gain buy-in and momentum for innovative ideas and how to fold this into the fabric of your day-to-day work. A companion podcast Innovation in Insurance – A Conversation with Jason Hiquet is recommended listening prior to the topic call.

Description: "This session will explore recent and historical advancements in computing relevant to actuarial analysis. We will provide a comprehensive overview of the current landscape, tracing the journey of how we arrived here and how actuaries are already harnessing these innovations. This session will primarily be focused on hardware and as software programming interfaces - the latter, in effect, helps accelerate code and ease of access to specialized hardware. We will also examine optimization opportunities involving the intersection of the two. Hardware discussed may include CPUs, GPUs, memory, and motherboard architecture, as well as bottlenecks such as bandwidth, power and heat management, and input/output management. The session will also touch on quantum computing and what problems relevant to actuarial analysis may benefit from quantum algorithms. Coming out of this session, the audience will gain valuable insight into the forefront of technological advancements that are transforming computing efficiency in actuarial valuation and analysis. They will also learn about the key hardware and software optimization techniques that can enhance existing actuarial processes."

Description: Two recent SOA research reports on risk management will be presented by the authors. First, the 18th Emerging Risk survey collects the insights of risk managers on what risks could be on the horizon and how they have evolved from previous survey results. Do risk managers continue to highlight climate change, technology risks, and the resurgence of wars? In the second research report, we created a deterministic scenario script and asked insurance companies to play out a sequence of unfolding events, challenging the resistance of their risk management mechanisms. We will share insights on the scenario impact, with a focus on the process companies use to brainstorm a scenario. Learning Outcomes: Understand ways to create stress testing scenarios Understand how to evaluate the impact of stress testing scenarios Consider emerging risks for practitioners and understand the importance of what ifs

Description: Explore the intricate world of asset-intensive reinsurance in this session, designed to demystify the complexities and highlight the strategic importance of asset-intensive reinsurance in today's financial landscape. Delve into how insurers leverage asset-heavy portfolios to optimize risk management and enhance capital efficiency. We will discuss the latest innovations and practices that are shaping the industry, offering you a clearer understanding of the opportunities and challenges inherent in this approach. Whether navigating regulatory changes or seeking to optimize risks and return on capital, this session provides the essential knowledge needed to thrive in a rapidly evolving market. Join us for a deep dive into the strategies reinsuring the financial future.