Description: The Strategic Management course is a cross-practice course applicable to multiple practice areas.

Description: Recent LA wildfires exemplified the devastating impacts of compounding weather extreme events. This webcast explores the inherent risk posed by various types of compounding events, proposes statistical techniques to quantify the impacts of compounding events and how this will evolve under a warmer climate. As compound events continue to evolve, it will become increasingly important to monitor and consider risk models and analyses to provide more comprehensive and accurate risk assessments and, ultimately, support more effective disaster preparedness and mitigation efforts. One way to improve preparedness is the underwriting of these risks through geospatial imagery and high-resolution image technology, which have spurred advances across many industries. The webcast will further discuss the importance of building footprint data for risk assessment and examine how building data and vegetation cover data can be used in calculating underwriting wildfire risk metrics.

Description: If you’re looking for research projects and reports on artificial intelligence topics, you’ve come to the right place. The SOA offers research, authored by an individual or a team of authors, for download in just a few clicks. Most reports are in PDF format.

Description: Nobody is perfect, and actuaries are no exception. At some point, every actuary is bound to make a big mistake. These kinds of mistakes can have a significant impact on an actuary's reputation — whether that impact is positive or negative depends in large part on the way someone investigates, communicates, and resolves errors they uncover. By approaching mistakes with transparency and honesty, these big mistakes can actually enhance credibility and reputation, rather than harm it.

Description: This session will delve into the valuable lessons learned from recent accounting change implementation, covering both model and process optimization. Attendees will gain industry knowledge as we explore optimization decisions made by others, highlighting both successful strategies and areas for improvement. We will discuss key decision points throughout the entire actuarial process, including data manipulation, actuarial calculation engine, and post-model reporting.