Description: Investigate the concept of value annuities and the potential cost-effective differences when compared to traditional annuities by attending this webcast. Value annuities are an alternative lifetime income solution where longevity and investment risks are born by a pool of annuitants rather than a centralized insurer. Join this webcast for a closer look at the practicalities of designing and administering a value pool. There will also be a focus on the legislative, regulator and supervisory implications.

Description: This training session will include lessons learned in 2021 and revisit a presentation given last year, discussing the new Actuarial Standard of Practice (ASOP56), which fills in the gap for guidance on Actuarial Modeling. Prior to ASOP 56, actuarial judgement reigned where standards and guidance lacked. Learn the foundation for designing, developing, modifying and validating a model according to SOA guidelines. By attending this session, you will: • Learn how to identify model’s intended purpose. • Strategically extract input data and assumptions. • Use the level of detail required in output data as a consideration for model design. • Choose from SOA recommended validation techniques.

Description: Leadership does not always begin with a management position. In fact, there are informal leaders throughout every organization. No matter what your current role or level is, you can start developing the skills needed to lead in the future. Actuaries striving for broad leadership roles need to build strong communication and influencing skills, as well as strategic and general business skills. They must be able to quickly adapt to being submerged in a fast-paced, results-oriented environment. This session is intended to educate emerging actuarial leaders on the key characteristics that define good leaders and how to focus on building the skills necessary to successfully transition into a leadership role. At the conclusion of this session, attendees will: • Be able to determine if a leadership path is right for them, • Learn the key competencies that make good leaders, and • Understand how to build the skills necessary to move from technical expert to leader

Description: "Every day we hear about the importance of diversity and inclusivity. As you continue in your career, you will begin to see the importance and value of a diverse and inclusive environment. As a leader, you can help build an inclusive environment for your team and your organization. Dr. Stephanie Johnson, University of Colorado professor and author of the book “Inclusify: The Power of Uniqueness and Belonging to Build Innovative Teams” will help you learn how to become an inclusive leader. At the conclusion of this session, you’ll be able to: · Understand the business case for diversity and inclusivity. · Understand what being inclusive means. · Gain five strategies you can use in your daily activities to be more inclusive."

Description: As actuaries, we're trained to see patterns in numbers and to design solutions that mitigate risk. While quantitative analysis and modeling are critical actuarial tools, looking at the numbers alone can lead to insurance products that don't succeed in the real world the way math says they should. With new digital technologies surfacing in the insurance space, we have more data at our fingertips than ever before, leading to a higher focus on doing quantitative research within insurance product design. Take back a step from quantitative research and discover qualitative research methodologies into your product development process to design solutions that meet real needs in the market. In a nutshell, qualitative research can surface issues early and help you answer questions such as: Can we really sell this product in the market? Why would someone buy this? How widespread is the need? How could your product be a solution you didn't intend?

Description: As the speed of technological innovation increases, actuarial leaders are trying to determine how to use emerging technologies to unlock more business value and improve competitive positioning. This includes enabling new capabilities, improving process efficiency, and increasing the effectiveness of human capital. The session will discuss what we are hearing from clients who are in the process of transforming their business, how they are approaching these transformations, and what they are focusing on. This will include different aspects of transformation, including visualization dashboards, data science applications, no-code platforms, automation, data, and the cloud. Find out how organizations are thinking of human capital and collaboration between actuaries, IT, and other professionals.

Description: At this panel discussion with the SOA Sustainable Development Goals (SDGs) Taskforce members, you will learn about the SOA's plans to partner with key local and global organizations to address societal issues such as health and well-being; decent work and economic growth; reduced inequalities; and climate action. Hear more about thetaskforce's action plan and the next phase of the engagement, which is centered on volunteer activities, namely moving forward with the SOA Innovation Team to launch the SOA SDG Incubator. Lastly, look at creating tangible opportunities for members to apply their current skills, transpose their experiences and add new skills contributing to solving for these critical issues.

Description: By attending this session, you will be able to: Learn why now’s the time to modernize your actual platform which will allow you to automate and control the actual processes and achieve compliance cost effectively with a valuation solution that stays up to date with changing regulations. Find out why a single enterprise reporting platform is key to modernization as it allows for transparency and governance, flexibility and precision and speed and scalability.

Description: Data is at the core of the actuaries' role within companies, but how can actuaries translate data insights into informed and actionable decision making? The key is communicating data insights into a language that transcends analysis and enables real-time decisions that can provide an advantage to your management team. Learn an approach to choosing a tool or medium for your data insights, questions to ask yourself to better understand the communication necessary, and perspectives on how actuaries can take a larger role in actionable decisions within the industry. Understand availability, quality, and practical application of data sources health actuaries can access easily, how that data looks, approaches to transforming data into decisions, how it enriches administrative and claims data, and applications to pricing and reserving. Finally, discuss implications of ASOP 23, ASOP 41, and ASOP 56 as it relates to this topic. By attending this session, you will be able to: - Create an action plan on how to transform data into messaging for your leaders. - Use real experiences to formulate a strategy to expand the actuaries' role in informing decisions within the industry, including examples, to illustrate how data can benefit financials of health coverages. - Understand the application of ASOP 23 (Data), ASOP 41 (Communication), and ASOP 56 (Modeling) as it relates to turning data into decisions. - Be knowledgeable about new sources of morbidity for medical care and LTC and how to acquire and apply this information in actuarial models.

Description: For decades the negotiated prices between health care providers, insurance carriers, and networks have been tightly-guarded trade secrets. That's quickly changing. Health care price transparency is now bipartisan-supported law. Gag clauses have been banned. Starting in January 2021 hospitals were subject to new rules requiring disclosure of the payment rates they receive from health plans to both consumers and the general public. So far, compliance has been mixed. Similar rules for payers become effective later in 2022 and 2023 for health plans and consumers. While entrenched interests are doing their best to stall transparency, unless the laws change, transparency is going to happen and will rock the commercial health insurance market, providing the long awaited opportunity for meaningful health care cost reductions. Learn more about price transparency laws and regulations, examine rocky implementation to-date, and discuss the role of self-insured employers in leading the market changes that will emerge from price transparency. By attending this session, you will be able to: - Name the applicable price transparency laws and rules. - See transparency as more than a list of new compliance requirements and consumer tools. - Anticipate that the downstream impacts of transparency on commercial health insurance will be profound. - Appreciate the increased power of self-insured employers.