Description: Listen to an update of the Social Security Program's financial status as presenters discuss current status and recent proposals for modifying the program. At the conclusion of the session, enjoy a better understanding of the current status of the Social Security Program, its funding status, various challenges it faces, and a variety of suggestions that have been made to overcome those challenges. By attending the session, you will be able to: - Demonstrate a deeper understanding of the financial status of Social Security. - Be better informed about the opportunities for change in the program. - Understand challenges it faces, and a variety of suggestions that have been made to overcome those challenges.

Description: This session will uncover the mystical findings that can be uncovered when leveraging a reinsurer. Insights discussed during this session include mortality at high face amounts, interactions between lapses and mortality, mortality improvement on low face amounts, fully underwritten mortality by Resident State and more. At the conclusion of this session, attendees will be able to identify where reinsurer data can help uncover insights, how mortality and lapse knowledge can improve product performance and what some mortality results can come from reinsurance research.

Description: Both LDTI and IFRS 17 have introduced numerous new metrics with most companies having only crossed the finish line, just complying with what's needed for reporting due the complexity and large amounts of data required to simply comply. How do you leverage all the work you did to get proper business insights across the organization that tie back to these reporting metrics?

Description: Modern actuarial work, being quite data intensive, provides many opportunities for actuaries to use the statistical skills that are part of their basic training. Furthermore, modern computing allows us to analyze vast quantities of data intensively, and each package will provide statistical 'answers' to any questions the actuary might ask of it.

Description: Future mortality improvement is an important assumption in the valuation of life insurance. In this session, presenters will discuss the work of the Life Mortality Improvements Subgroup (LMISG) of the Society of Actuaries (SOA) Mortality and Longevity Oversight Advisory Council (MLOAC) developing mortality improvement scales for individual life insurance.

Description: The session will focus on International Financial Reporting Standards 17 (IFRS17) implementation, including methodologies (classifications, different measurement models, fulfillment cash flows, and contract service margins) for various U.S. products, operational challenges, controls, IFRS17/GAAP comparisons and analytics.

Description: Sign up for aone of the virtual town halls to hear from SOA leaders and volunteers about theis governance structure review project. Simply select the link for the Zoom webcast that you would like to attend, fill out the contact information and add it to your calendar.

Description: The author discusses using a simple process for risk management.

Description: York University will host the 2025 Actuarial Research Conference (ARC) from July 29 to August 1, 2025, bringing together scholars, industry leaders, and regulators to exchange ideas and present cutting-edge research in actuarial science. The conference will feature keynote speeches, research presentations, panel discussions, and networking opportunities, fostering collaboration between academia and industry. York’s actuarial program, recognized as a Center of Actuarial Excellence, will showcase its vibrant research environment and strong partnership with the Risk and Insurance Studies Centre (RISC). The event also highlights Toronto’s dynamic cultural scene, with planned activities such as a visit to the historic Casa Loma, enhancing the experience for attendees. ARC 2025 promises to be an enriching and memorable event for all participants.

Description: Value-based care (VBC) arrangements have grown exponentially in recent years with an expectation that this shift will only continue across the health care industry. CMS has set the goal of having 100% of traditional Medicare and the vast majority of Medicaid beneficiaries in accountable care relationships by 2030.