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: This session will consider how catastrophic gaps in risk management practices contributed to the failure of regional banks in the first half of 2023. Panelists will explore ERM practices and potential corrective actions, based on insurance industry and pension plan best practices, that could have mitigated against the failures.

Description: Non-variable annuity principle-based reserving (PBR) VM-22 has a proposed effective date of January 1, 2026. The change in reserving standards may be impactful to annuity writers due to the transition from formulaic to principles-based reserves.

Description: Discover how to structure and lead diverse teams with discussions on micro-aggressions, tools for different team structures, and how to promote an inclusive culture from the top down. Moreover, you'll obtain contemporary best practices on DEI and how to be an ally within the workplace.

Description: The most recent U.S. population data released by the Centers for Disease Control and Prevention (CDC) and from the U.S. Census at year-end 2021 includes the first ten months of the COVID-19 pandemic in the U.S. While we know the pandemic has had significant impacts on both the U.S. population and insured population mortality, we also see increased mortality due to many other non-COVID causes of death. Where are the biggest changes and what does this non-COVID excess mortality mean over the next few years? Take part as an expert panel hosts an interactive discussion to examine data from general population as well as from both individual life and group life experience studies to explore how these changes might spur innovation in underwriting, assumption setting and pricing.

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: Gene therapy is a quickly evolving field and will continue to grow as a risk concern for many health plans, stop loss insurers and reinsurers. Currently, there are only two approved gene therapies in the U.S., but that number is expected to escalate starting in the fall of 2022. Revisit the experience plans have had with the first two gene therapies, discuss plan design and network considerations in light of gene therapy, and discuss the actual composition of the near-term pipeline along with a range of modeled financial impacts and considerations for payers.

Description: A changing workforce on a global scale, along with the cost and administrative burden of running retirement plans, has led to an increasing number of workers without access to company sponsored retirement plans. In addition, even when coverage exists, many national retirement and social security systems lack payout systems that provide true retirement security. Explore different retirement systems and uncover an overview of available and developing solutions to address these gaps in coverage and retirement security.

Description: ClubVita Session Series Buyouts and indemnity swaps remove all the longevity risk from an underlying population. However, they can be difficult to unwind and are not very flexible or widely tradable. Explore the characteristics and product structures of indexed based longevity swaps, demonstrating how they can cover any term, how they hedge the key component of trend risk and how, with new technology developments, they could lead to a liquid market.

Description: Insurance is finally seeing technological advances that we have expected for years, however, existing incumbents are struggling to adapt and insurtechs are emerging to take advantage of technology to fill market needs that have been ignored for years. Insurers should be prepared. The next five years will bring more market changes and technology advances than we have seen in the past 20 years.