Description: Take part in a practical and forward-looking discussion for long duration targeted improvements (LDTI) implications on financial planning and analysis (FP&A). This session will provide an update on emerging industry practices and considerations for reflecting LDTI in FP&A, including operational headwinds and new opportunities.

Description: The pension risk transfer (PRT) market has increasingly expanded to include the complexity of deferred participants who have additional options that do not exist for a retiree already receiving their benefit. Assumptions on the timing of benefit commencement and form of payment elected are highly dependent on specific pension plan provisions and the census population. These assumptions can have significant impact on the reserves and cash flows affecting not only the initial price but the future profitability of the deal and require a balance of both pension experience and annuity pricing. Learn about considerations for assumptions fit for purpose from pension actuaries working in the PRT market and who specialize in the assumption setting process for deferred lives.

Description: Assumptions have been a critical component of actuarial work since the rise of the profession hundreds of years ago. Without well-developed, credible assumptions, reliable financial projections are an impossibility. Yet in 2023, there is still a wide range of assumption processes and governance practices in place throughout the life industry. Follow assumption and governance experts from Oliver Wyman to dig deep into results from our 2023 assumption process and governance survey. Examine what we're seeing currently practiced throughout the industry and offer insights into what we're doing well, as well as where we have opportunities to improve. Explore topics, such as assumption governance frameworks, governance costs, development and review, approval processes, implementation and usage, monitoring, and challenges.Gain a better understanding of how your own assumption processes compare against others in the industry, and learn best practices that can be implemented to improve assumption processes.

Description: Every year an AI topic goes through a hype cycle. Since 2022 and now in 2023 we continue to hear more about the ChatGPT models and how an everyday person is able to interact with AI. As more startups and applications are riding the hype, what does it all mean for our industry? Is this just a buzz or real? This talk intends to cover at a high level what are large language models, what does it mean for audit or regulatory space, and what might be some pitfalls or tolerance of error when it comes to selecting a right application for such models in insurance use cases.

Description: Most, if not all of us have experienced a time when we were involved in a conversation that made us uncomfortable. Presenters will share tools and tips to facilitate difficult situations or conversations and include a framework for discussing challenging topics. Attendees will explore ways to utilize emotional intelligence to share information and feedback in a kind, caring way.

Description: Elatia Abate, the founder of the Future of Now and Futurist in Residence at Paylocity, is an entrepreneur whose mission is to revolutionize the way trailblazing leaders understand, train and fuel their leadership. Named a Forbes leading female futurist, she is a globally recognized expert on the future of work and strategy. Her Future-Led Leadership™ learning and development content has been utilized in organizations including PwC, Verizon, and CME Group. Elatia is a sought-after keynote speaker on the topics of the future of work, leadership, and resilience. She is an instructor for LinkedIn Learning, at Stanford University in the Continuing Studies Department, and the Executive Education Department of The University of Chicago’s Booth School of Business.

Description: Have you ever wondered why some people are the focus of everyone’s attention the moment they walk into a room? Executive Presence is the set of qualities that enables an individual to command respect, inspire confidence, and influence others. In fact, Executive Presence sets successful leaders apart from others. It includes a range of skills and behaviors including effective communication, leadership, vision, and managing your emotions. In this session we will explore the key elements of Executive Presence and discuss strategies for developing the skills necessary to enhance your own presence. We will cover topics such as delivering results, accountability, problem-solving, and seeing the big picture. The session will provide practical tips and examples to help you strengthen your Executive Presence as you continue to grow your career and reach your professional objectives.

Description: There have been several major disruptions that will likely end up dragging the world into a major regime change. The best way to prepare for the next New Normal is with Scenario Planning. Come join a mock scenario planning exercise working in groups. You will be provided a New Normal Scenario and each group will work to develop a new plan for the transition of a business to successfully navigating that Scenario. Groups will share their scenarios and their plans. Session Coordinators will provide the scenario as well as an outline for a plan to respond to the scenario. Workshop participants will work out details for their scenario and plan in small groups. This session is a follow up to two webcasts sponsored by the JRMS in May and June 2023.

Description: SOA education is continually evolving to meet the current and future needs of candidates, members, employers, and the public. Learn from presenters as they review recent changes, in particular the recently announced 2025 evolution of the FSA pathway, and preview what is to come. At the conclusion of the session, you'll be able to identify current and planned changes in SOA pre-qualification education.

Description: Join this discussion on Valuation topics from both a GAAP and Statutory basis with a spin on how to communicate them to a non-Actuarial and leadership audience. It will include, but certainly not limited to, discussion on IBNR analysis, PAD and its purpose, Wallstreet metrics such as Days in Claims Payable and Medical Claims Payable Growth vs Premium and Membership Growth. The key here is to not only educate on the Valuation processes and metrics, but also to show the best ways to communicate them so that a less technical audience can interpret the impact and make better strategic decisions. It is also to show the importance of the Valuation reserves on the balance sheet and income statements in regards to a Public company and how WallStreet interprets the numbers.