Description: Almost half of recent FDA approvals have been for orphan drugs. This trend is expected to continue in 2023. Orphan drugs are priced more than 30 times higher than non-orphan drugs, therefore their cost burden in aggregate has the potential to overwhelm the budgets of payers, especially that of smaller health plans. Hear how the cost impact analysis for smaller health plans require different considerations than for a larger health plan when modeling the impact of rare diseases.

Description: Actuaries have a good understanding of the insurance industry from products and distribution to risk management and financial reporting. However, the trend of actuaries in executive and senior management roles (besides the Chief Actuary role) seems to be trending downwards over the years. Join us as we discuss the perspectives of executives at insurance companies (e.g., CEO, CFO, CRO, COO) and what made them successful beyond the traditional chief actuary path. Gain insight as we talk about what skills and experiences actuaries should look to gain to be more successful in executive roles beyond the chief actuary role.

Description: Voluntary quits remain high industry-wide as employees reevaluate their priorities and talent challenges persist. It's essential organizations focus on retaining top actuarial talent in a way that supports both the employee's unique needs and aspirations, as well as the organization's ongoing success. Come explore current retention challenges and ways managers can create a sense of engagement and connection among their teams, regardless of their locations.

Description: Struggling to build a diverse and representative team? In this session, listen in on a discussion about best practices to consider when building a diverse team, how to set DEI goals and track them to ensure you are empowering diversity in how your teams deliver work.

Description: Based on a late 19th century analysis, life insurance premiums were once differentiated by race, with Blacks/African Americans experiencing higher rates than for whites. Over time, the actuarial profession has had increasing focus on professionalism and responsibility to the public, and today all members of the five actuarial organizations based in the U.S. are subject to the Code of Professional Conduct. Come engage in interactive discussion about how Precept 1 might help current actuaries avoid bias in our work, including when thinking about risk classifications and dealing with new technologies. By attending the session, you will be able to:- Understand the importance of Precept 1 in our self-governing profession.- Think about prevailing conventional wisdom and potential bias in your current work.

Description: In the time since the original proposal to move healthwriting companies from the blue blank to the orange blank, there have been several incremental updates to the blue blank by the NAIC Blanks Working Group to integrate portions of the orange blank into the blue blank. Meanwhile, the NAIC RBC Working Group has issued their proposal to change the health test for comment and appear to be moving forward with the proposal to revise the health test. This would obligate companies that write predominantly health business onto the orange blank rather than the blue blank, which they have historically used for reporting. Discover background of the revised health test, the incremental updates to the blue blank that have been implemented recently, additional incremental updates proposed for upcoming blue blanks, and the current status of the Health RBC Working Group proposal to revise the health test. Hear observations about companies that have opted to 'take the plunge' and move to the orange blank ahead of the revised health test as well as companies that have opted to remain on the blue blank and incrementally update as new requirements are integrated into the Blue blank. By attending the session, you will be able to: • Understand the context of the initiative to revise the NAIC health test. • Summarize the recent changes to the blue blank implemented by the Blanks Working Group that integrate portions of the orange blank into the blue blank. • Summarize the upcoming proposed changes to the blue blank by the Blanks Working Group that integrate additional portions of the orange blank into the blue blank. • Summarize the current status of the Health RBC Working Group proposal to revise the health test. • Provide industry perspective on companies that have opted to move to the orange blank ahead of the revised health test and companies that have opted to remain on the blue blank until the NAIC requires it.

Description: Becoming a great actuary is a journey, and a key part of that journey is learning from those who have walked the path before you. Mentorship provides an unique opportunity to do this, but it takes skill and deliberate effort to craft an effective mentor-mentee relationship that works for you. Join us for this panel discussion as we hear successful actuarial mentors and mentees share how mentorship impacted their career as well as their tips for building a robust mentoring relationship. This engaging session promises real-world anecdotes, actionable strategies, and the invaluable wisdom of those who have navigated the actuarial landscape with the guidance of mentors. During this session, attendees will: - Learn how to find the right mentor for your career goals - Delineate between the role of a mentor versus a mentee - Hear about common pitfalls that can occur in a mentorship - Navigate how to effectively end a mentorship - Discuss how to build a culture of mentoring in your workplace

Description: Join our exciting panel of health actuaries, ready for any challenge! Got an ACA puzzle? We've got the answers! Tackling a valuation dilemma? We're here to crack it! Facing a professionalism quandary? We'll navigate the complexities! Dealing with regulatory worries? We're your guiding light! Every question is welcome - there's no such thing as a silly question! Learning Outcomes: - Attendees will have the opportunity to get answers to their questions.

Description: Discuss constructive ways for forming a mutual beneficial relationship with the manager/superiors. Success does not mean you have to accommodate others' demands/weaknesses. Handling it effectively will ensure reaching everyone's goals. By attending the session, you will learn different perspectives on working efficiently with your superiors/more experienced coworkers and how to take initiative in driving the career development towards the desired direction.

Description: "The true value of any leader is measured by how much they are able to accomplish through the work of their team. Actuaries in leadership roles are no different. But, to get the most out of your teams, leaders must first focus on building a high-performance culture. One that rewards measurable success and challenges everyone to reach farther all the time. There is no easy path to building a high-performance culture, but the benefits of a leader’s efforts will pay substantial dividends for the team, the leader, and the company. This workshop is intended to educate actuarial leaders of large and small groups on how to build a high-performance culture and achieve outstanding results. At the conclusion of this workshop, attendees will: • Learn the critical steps necessary in building a high-performance culture, • Understand how to combat the inevitable resistance to change that will occur as new ways of operating are implemented, and • be able to easily distinguish between high-performing and lower-performing teams."