Description: Insurance carriers today must balance a multitude of factors to remain relevant and innovate- -process improvements and efficiency (automated or traditional); -customer experience (less intrusive, more data); -distribution (aging traditional, product focus, emerging opportunities); and -mortality. While these factors are not new, true innovation in these areas require a convergence of engagement among actuaries, underwriters and data scientists to determine the specific pain points and appreciate both the benefits and consequences of various paths. Explore examples of how best to approach these topics, engage different disciplines, avoid pitfalls and ensure a holistic view. Real life examples and lessons learned will be shared during this session.

Description: Dive into the released enhancements of MIM-2021, including a run through of its purpose and evolution, during this webcast. The Mortality and Longevity Strategic Research Program plans to release these updates in October. You will leave this webcast with an understanding of how to create a mortality improvement scale using the necessary steps and tools. Learn how to use MIM-2021 through instruction and demonstration that will properly prepare you to utilize this tool. There will be time for questions where you can ask about the projection process or provide feedback.

Description: Join us for the morning session to kick off the conference, including an opening address from 2021-2022 SOA President and Chair Jennifer L. Gillespie, FSA, MAAA. Gain new perspectives from keynote speaker Mico Yuk, chief data influencer, Count.co, and Analytics on Fire Podcast host through her presentation on how to harness data for insightful storytelling.

Description: Long-term care (LTC) benefits are sold less these days as a standalone product and more commonly as a hybrid product with a life insurance or annuity chassis. In this 'Shark Tank' game show, the LTC benefit scrutinizes traditional, variable, and indexed life, and annuity product chassis in search of a winning combination.

Description: As organizations continue to reevaluate business needs and strategize how to best move forward in an evolving industry, technology and innovation are becoming competitive differentiators. Insurers are reimagining processes and accelerating modernization initiatives, and the role of the actuary is transforming in both scope and demand. It's vital actuarial leaders recognize the impact of modernization efforts on their employees, are empathetic to their needs, and create strategies to promote engagement, development and retention during technological transformations. Discover how leaders can prepare their teams emotionally and psychologically for change, gaining their buy in and support for new initiatives while increasing long-term loyalty. A panel of actuarial leaders who have successfully led their teams through change initiatives will also offer their lessons learned and best practices. Leave with the tools and insights necessary to take an empathetic approach to modernization that eases concerns and cultivates a productive and engaged actuarial team.

Description: Innovation in technology has disrupted nearly every industry creating mounting internal and external pressures on organizations to accelerate the adoption of their digital agendas. The COVID-19 pandemic further brought to light the need for technology to be adaptable, powerful and scalable. As the insurance industry leaps into the future, actuaries must not only proactively refine their roles and responsibilities within insurance organizations, but also seek opportunities for improvements and optimization in their day-to-day work. Discover a variety of opportunities in using modern technology to streamline, accelerate and optimize actuarial processes. Cover a wide spectrum of actuarial solutions from automation of actuarial data transformation to actuarial reserve calculations and calibration of economic scenarios.

Description: Discover investing trends across the life and health industry as insurers seek to navigate rapidly changing rate and market environments. BlackRock will present results from its Peer Risk Study, which models industry holdings based on statutory filings at the CUSIP level. Through the Aladdin risk modeling software, expect a production of deep insights into insurer portfolio risk and return characteristics, as well as exploring how they have evolved. Keep an eye out for a partner to present on the evolution from their perspective. Start learning about what is happening on the asset side of the balance sheet across the industry.

Description: There can be significant differences between the motivation behind and process for decision making between defined contribution (DC) and defined benefit (DB) plans. Discover various aspects of those differences to better empower actuaries and engage with DC plan decision making. Key topics you'll explore will be: plan sponsor motivations, legal risks and the structure of the intermediary market and their roles.

Description: Several states have recently enacted new legislation limiting the use of external customer data for selection and modeling. The NAIC Working Group on accelerated underwriting focuses on external data and models to create some consistency. Explore an overview of the potential impact and what insurers might do in response.

Description: Learn about the innovations of life & health products and distribution in the Asia market.