Description: As part of its ongoing focus on aging populations, the Mortality and Longevity Strategic Research Program Steering Committee of the Society of Actuaries Research Institute initiated a multi-phase effort to examine mortality patterns at older ages. To guide this initiative, a Project Oversight Group (POG) was established.

Description: Understanding the Evolving Financial and Actuarial Challenges of Long-Term Services and Support (LTSS) Xinyi (Cindy) Hu, ASA, MAAA

Description: SOA offers professional development offerings in one place, from in-person and virtual meetings to certificates, podcasts, and PD Edge+.

Description: This article explores strategies for optimizing actuarial models built on open system platforms. It begins by contrasting open and closed system modeling environments, emphasizing that users of open systems must take responsibility for in-house runtime optimization. The authors underscore the critical role that efficient, well-optimized models play in supporting a high-performing modeling team. To reinforce the techniques discussed, the article includes a case study focused on disability insurance modeling to offer practical insights.

Description: The purpose of this presentation is to give an overview of the CP2 requirements for Bermuda statutory reserves and capital, which went into effect for 2024 reporting, along with a summary of the impact of these new requirements. Some of the CP2 changes include bringing the Bermuda Solvency Capital Requirement (BSCR) more in line with other capital reporting regimes, such as Solvency II. For example, lapse, expense, interest rate, and equity shocks are now required to compute the lapse, expense, interest rate, and equity shock components of required capital.

Description: Over the past year, we conducted several industry surveys, including the Asset-Intensive Reinsurance Companies Survey, where we interviewed nearly 30 reinsurers, and the Survey on Internal Reinsurance and Internal Affiliates (such as captives and sidecars), which saw participation from more than half of the top 30 U.S. life insurers. While full survey reports were shared exclusively with participating companies, this presentation will highlight key findings on some of the industry's most frequently discussed topics.

Description: "This session will cover recent and new NAIC actuarial guidelines and their impact on U.S. statutory cash flow testing. The focus will be on the new Reinsurance Asset Adequacy Testing Actuarial Guideline and Actuarial Guideline 53. It is intended to benefit consultants interacting with NAIC statutory regulations, including those involved in appointed actuary work, statutory financial reporting, or mergers and acquisitions."

Description: Actuarial modernization is transforming the profession, and coding plays a central role. Coding skills enable actuaries to automate data manipulation, streamline model development, and effectively harness advanced analytics. This session explores why coding is foundational to the future of actuarial work, highlighting practical use cases, essential technologies, and career benefits.

Description: This session will introduce attendees to a variety of powerful tools in Excel designed for manipulating and analyzing large datasets, including seriatim data with millions of rows. Alternatively, the attendee with learn equivalent strategies using R. Both approaches can validate each other.