Description: Modeling Approaches and Challenges focuses on approaches to real world simulation and the challenges and considerations in real world simulation. Topics include: A frequency domain approach to build realistic multi-horizon scenarios. (Ortec approach) Cascade models structure linking models for major asset classes and economic variables. (Moody’s approach) Overview of models, calibrations & approaches within the context of different use cases. Deterministic & stochastic approaches. Importance of model re-calibration flexibility. We will also discuss specific insights into considerations and challenges in real world simulation, which include topics like: Setting capital market assumptions and/or calibration targets. Assumptions about correlation and causality. Calibrating the model to capital markets assumptions. Validating the model against capital market assumptions. Role of history, market data and stylized facts. Importance of back testing. Calibrating the model to multiple investment horizons. Inclusion of alterative asset classes such as private equity, infrastructure, and direct real estate. Associated issues of limited data, illiquidity and greater uncertainty about calibration targets.

Description: Four healthcare actuaries will share their personal stories of transitioning from pure actuarial roles to business leaders and how they’re putting their actuarial skills to work. All are experts within self-insured stop loss and medical reinsurance so they’ll discuss how their actuarial backgrounds supports the work they do today within this dynamic niche of healthcare.

Description: "In this video titled Balancing Act: Managing Work and Life as an Actuary, Dave Dillon emphasizes the importance of time management, stress management, and work-life balance. He shares his strategies for prioritizing tasks, carving out dedicated time for personal activities, and embracing physical fitness to enhance mental clarity and creativity. Dave highlights the significance of balancing intense work periods with essential downtime to maintain long-term mental health and overall well-being. He encourages others to find their own balance for long-term success and happiness.

Description: As actuaries progress in our careers, making connections with others can become increasingly important. It’s not always obvious how to go about growing one’s professional community. Come learn how to gain insight into various effective techniques for networking for business. You will also see case studies and test out some of these techniques during this conversation.

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: Leadership is not confined to managerial roles. It can be manifested and nurtured even as an individual contributor. In this session, we will delve into the concept of Growth from three distinct yet interconnected perspectives.

Description: Explore insights to non-traditional actuarial roles from a panelist with experiences in data science, finance and entertainment. The panelist will be sharing their perspectives on their non-traditional actuarial role in relation to the actuarial profession.

Description: Actuaries are well-known for their strong technical skills-in particular, their ability to analyze complex information, draw logical conclusions, and develop solutions to improve business results. In order to maximize their impact, however, actuaries must pair strong technical skills with excellent communication skills. As their careers advance, the actuary's audience continues to broaden to include non-actuarial professionals from a variety of disciplines, senior executives, and customers. They must learn to communicate effectively with any audience that they are faced with. They must be able to make a compelling case for their point-of-view in a simple and succinct fashion. This highly interactive workshop is designed for actuaries at various levels to learn how to improve their communication skills by actively participating via polling and open forums.

Description: Session 2E: Testify! The Actuary as Expert Witness

Description: This session will examine bias from a social science perspective. It will discuss the three types of systemic biases using the National Institute of Standards and Technology (NIST) model. The NIST model details the three types as historical bias, societal bias, and institutionalbias. The session will also provide several examples of each type to provide a framework for identifying the social structure of bias.