Description: With the unprecedented proliferation in the size and complexity of data over the past decade, actuaries have invested considerable time and energy in the development of new skills and expertise in order to be able to understand and use “big data” to its fullest potential in the development of actuarial work product.

Description: The InsurTech industry continues vibrant activity. Some areas of focus include transformation of the underwriting process, new data sources being used, focus on the consumer, automation and more. By attending this session, you will hear about some of the latest trends in InsurTech that are impacting the life insurance industry.

Description: The session begins with a brief introduction to Gen AI, including “what it is” and how to optimize outputs. Then, we will to provide some insight into what we are seeing within the Actuarial space – this would include the extent to which actuaries are using Gen AI on a day-to-day basis, how they are going about using it, and some predictions as to where this will go.

Description: We will share the latest research from the Actuarial Innovation and Technology Strategic Research Program, with a focus on research relevant to health actuaries. Attendees will learn about leading-edge technology that has impacts on actuarial functions, both broad and specific innovations and breakthrough technology, and the resulting impacts.

Description: As actuaries, we learn many facts and techniques and we develop many skills that enable us as professionals. In this session, we'll explore the art of skill development itself, and how to get good, at getting great, at literally anything, in record time. Malcolm Gladwell suggested we need 10,000 hours to become extraordinary in a skill. In this session we'll talk about the shortcut that allows any human to gain new skills to the level of 'world-class' in as little as 108 days, in effect, becoming so good at something that we become 'unrecognizable to ourselves, in all the best ways'. Learning outcomes include: 1. Learn the art of Perfect Practice: how to level up any skill faster than anyone else, using decades of research from BRATLAB and the science of performance into how to create skills and habits. 2. Explore why 'trying harder' is a recipe for stagnation and what it means to 'try different' 3. Leave with insights into the 'Magic Eight' receipt for rapid skill development and how that can transform your career and your life.

Description: "Focuses on innovations in financial reporting processes that connect actuarial results with finance in a clear, efficient way. The session covers tools and techniques for automating data flows from actuarial models to financial statements, reducing manual work at quarter-end. It also highlights the use of visualization and business intelligence (BI) tools to communicate valuation results (e.g., interactive dashboards for reserve roll-forwards or attribution analysis). By sharing success stories of automating FP&A workflows and adopting self-service analytics, presenters will show how actuaries can provide more timely insights to management. Attendees will take away ideas for improving reporting accuracy, audit trail, and the strategic value of actuarial information in decision-making."

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.

Description: With higher interest rates and aging populations, the Bermuda offshore reinsurance market has been heating up, particularly to firms backed by asset management firms and private equity. Increased competition along with changing regulatory requirements, and evolving expectations around model governance have actuaries facing heavier production and results explanation workloads. This creates additional challenges on top of an already complex Bermuda reporting regime, particularly with the Scenarios-Based Approach (SBA) and Bermuda Solvency Capital Requirement (BSCR).

Description: Regular update provided by the Chair of the Joint Risk Management Section on initiatives put forth by the section council for the current year.

Description: Web3, Crypto, and Generative AI are no longer just buzzwords as they reshape the tech landscape. Viewed by many as unconventional technologies, their potential to now revolutionize the insurance industry cannot be ignored. Join us for an enlightening session that delves into the transformative power of these technologies and their current applications within the insurance sector, as well as discover how forward-thinking insurance companies are embracing these tools to unlock innovation and challenge the insurance status quo.