Description: "Over the past few years, there have been significant changes in the indexed and variable universal life insurance market. These changes have been driven by a variety of factors, including advancements in technology, changes in consumer preferences and shifts in the regulatory environment. Join us as we discuss some of the most important recent changes in the universal life insurance market, specifically: - Advances in underwriting: With the help of big data analytics and artificial intelligence, underwriting has become more efficient with minimal loss in accuracy. - Changes in product design and evolving markets: Over the past few years, there have been several notable product trends. Hear panelists discuss some shared aspects of these product launches and updates, spanning both retail and institutional markets. - The impact of changing interest rates: Many insurance companies have had to adjust their pricing and product offerings in response to the dynamic economic environment. Panelists will discuss how interest rates and volatility have impacted the universal life market and what insurers are doing to adapt and prepare for further changes. - Regulatory changes: Finally, our conversation will turn toward some of the most important recent regulatory changes that have impacted the universal life insurance market, including revisions to Actuarial Guideline 49A (AG49A), Long Duration Targeting Improvement (LDTI) accounting standards and other regulatory initiatives. Learning Outcome: You will better understand the trends and drivers of product changes in this core life insurance market. TRACK: Pricing/ Product Development (Underwriting, ULSG, Etc.)"

Description: Companies are looking to modernize their FP&A processes and functions to deliver actionable insights, particularly in light of regulatory changes such as IFRS 17, LDTI, and PBR. New key performance indicators (KPIs) are emerging and FP&A function needs to evolve and adapt to these new paradigms, being a key function in monitoring the company's financial performance. Discover perspectives from filers under different bases: statutory, GAAP and IFRS and come learn how to elevate and enrich data, models, processes, and technology amidst changes to regulatory reporting. You'll also cover key considerations for the optimal design and interaction model between Finance, Actuarial, and other departments.

Description: It comes as no surprise that there has been a great deal of activity by regulators in trying to understand the evolution of UW and the use of data. CO, WA, DC, CA, and on and on. But, where are we now? What is the latest activity? What are the technical issues that need to be considered? What testing protocols should carriers be preparing? How do you know what to look for with respect to fairness concerns? How do you prepare your company to test and if necessary defend your data practices? Join this panel discussion, where they will bring varying perspectives from some of the industry's leading voices on this topic.

Description: Long Duration Targeting Improvement's (LDTI's) roll-forward disclosure requirements include line items for the impact of actual variances from expected experience (A/E) for both net premiums and benefits. These aggregate A/E amounts provide some insight into how actual experience is emerging relative to expectations, but they do not provide insight into either the drivers of the deviations or their significance.

Description: Come hear from a panel focused on hot topics in the life/LTC combination product market. The presenters will look at regulatory developments, evolution of the risk selection process, and provide an update to the assumption of natural risk hedging in hybrid products.

Description: Virtual - Session 5A: Leveraging Gamification and Personalized Wellness to Grow the Business

Description: The Society of Actuaries will be offering this webinar series intended to educate and investigate aspects of life insurance, annuity, and long-term care product tax compliance. Developed by the Taxation Section, participants will be brought up to date on recent Internal Revenue Service (IRS) guidance and learn about the newest tax issues related to product design and administration. Legal, IRS and product development experts will provide vital insights into the challenges of developing and administering products within the requirements of the Internal Revenue Code (IRC) and allow ample opportunities for questions and information exchange. The session will look to define the “Product Tax Compliance" and "Information Reporting" Operational Risks associated with the administration of life insurance, annuity, and long-term care products. Panelists from leading insurance companies will discuss practical, real-life situations that they encountered and strategies they have used for risk mitigation.

Description: Forward looking insurers are reimagining their businesses with key strategic aims around how they engage with their customers and how they make and implement decisions. Industry experts will present a maturity framework for assessing your progress with specific case studies for how to advance in the areas of Management Information, New Business, and Inforce Management.

Description: Actuarial transformation initiatives often require significant investment in time and resources. However, not all initiatives deliver the desired results. Complex integrations of new data and technology pose a significant challenge for business and technology teams to deliver on time and on budget. This challenge can be overcome if addressed thoughtfully with emerging technology and business-friendly tools which offer benefits to both actuarial business users and technology professionals. In recent years, low-code technology has emerged which empowers actuaries by providing capabilities for data analytics, self-service, and visualization without requiring extensive technical prowess. Pairing these tools with emerging cloud-based data management solutions allows actuaries to quickly manage and analyze large data sets along with enhanced governance and integration. By adopting these technologies, actuaries are empowered to deliver better outcomes for their organizations Come explore a panel of actuarial business and technology experts who will share their insights and experiences on how low-code technology solutions can empower actuaries with better access to data and analytics. The panelists will discuss real-world case studies to demonstrate the practical benefits of these tools and how they can be used to achieve better business outcomes.

Description: Join us to learn how life insurers and reinsurers have partnered with biotech innovator GRAIL to help save lives by offering a multi cancer early detection test. After a year of partnership, we are excited to share the impact we've had on people's lives and the progress we've made in different pilot programs. During this session, you will learn about key findings from these programs, and how life insurers can take action and bridge the gaps in the US healthcare system to achieve one common goal with their policyholders: help them live longer and healthier lives. More broadly, the purpose of this session is to educate and showcase how insurance companies can step out of their traditional role and use creative solutions to solve problems that benefits both the policyholders and the insurers.