Description: The Society of Actuaries (SOA) is honored to announce the recipients of the Outstanding Session Awards for the 2024 SOA ImpACT meeting, which took place in person on October 27-30 and virtually on November 13-14.

Description: This report presents Phase 2 of the 2024 IDEC Study, analyzing individual disability income (IDI) claim recovery and mortality rates from 2006-2014. It expands Phase 1's scope—previously limited to 90-day elimination and To Age 65-70 benefit periods—to include additional elimination and benefit periods, examining variations by diagnosis, occupation class, claim year, and gender.

Description: The insurance industry is faced with many unforeseen changes such as recent advances in technologies and the associated impacts on the risk assessments. In this session, we focus on two specific developments; (i) the liquidity provision problem on automated market makers (a.k.a. DeFi exchanges such as Uniswap) and the conditions under which liquidity providers should enter or exit the DeFi token pools; and (ii) efficient utilization of drivers telematics data for better risk classification in personal auto insurance.

Description: MaD Section Update for 2025

Description: A compilation of reader responses is presented to a real life situation. This issue’s case study involved an actuary trying to add to staff, who encounters questionable behavior by a prominent actuarial recruiter. What the actuary actually did is shared after the compiled responses.

Description: This session explores how managers and individuals can effectively manage the integration of AI into their daily work. Learn strategies for mindset shifts, overcoming fears of job displacement, and fostering team adoption of AI as an empowering tool for innovation and productivity.

Description: Today's best AIs often match human experts on routine tasks - but AI automation success requires skilled implementation. Nathan will present a field-tested, three-step method for automating cognitive work: (1) understanding what AI can do & choosing the right tasks, (2) documenting processes in the form of ""gold standard examples"", and (3) systematically optimizing AI performance – all using concrete examples from actuarial practice. Master this approach and amplify your own expertise by automating repetitive work with AI. Nathan Labenz, founder and former CEO of Waymark, is a technology entrepreneur and artificial intelligence analyst. With a background in science and an eye for innovation, Nathan led Waymark from its inception to its status as a trailblazer in generative AI-powered video creation. Currently, he hosts 'The Cognitive Revolution' podcast, where he explores the transformative impact of artificial intelligence on work, life, society, and culture. Through his conversations with notable builders, researchers, and investors, Nathan helps business, policy, and academic leaders stay up to date with AI developments and implications.

Description: This project examines how companies perform deterministic scenario analysis, focusing on a worldwide IT disruption and its operational impacts. It highlights the use of table-top exercises to estimate direct and indirect effects, leveraging senior managers' experience.

Description: In this session presenters will not only provide background on the cause and effect of climate change, but also discuss the impact of climate change on the day-to-day work of an actuary.