Description: In this session, we will explore the opportunities and challenges of leveraging AI tools to support valuation actuaries in their work. We will begin by introducing the concept of large language models (LLMs), discussing their capabilities, limitations, and potential errors. We will then delve into case studies that demonstrate how LLMs can be effectively utilized to reference actuarial documents. The session will also address key considerations when developing AI tools to mitigate errors, enhance safety and security, and improve overall efficiency. The case studies will cover fine-tuning and information retrieval techniques such as retrieval augmented generation (RAG). Our goal is to provide attendees with a foundational understanding of the nature of LLMs and offer practical insights and ideas for actuaries to build their own processes and tools that ensure accountability, safety, and efficiency.

Description: Creating a predictive model is one thing, but then taking that model and getting full stakeholder buy-in is another. Learn from presenters' experiences and insights on proving model effectiveness in the long-term care (LTC), life and annuity spaces. Explore various topics such as feasibility, model transparency, fairness and equity, ROI measurement, data assets and compliance, infrastructure and more. By the end of the session, you will gain an understanding of how to navigate the challenges of proving the effectiveness of predictive modeling and obtaining management buy-in.

Description: All you wanted to know about InsurTech but were too afraid to ask! This one-day event will feature four webcasts that will unlock and enhance the world of InsurTech. By attending this webs series, you will find answers on what InsurTech is about and what it’s trying to solve. Dive deeper into the successes of InsurTech and find out how to join this established organization. Session 1 – Introduction to InsurTech Set the stage for the day, defining the main types of InsurTech companies and where these companies fit in the insurance value chain. Come discover where actuaries could play a role and the importance of the profession within this space. Technology driven innovation is multifaceted and could take place within an established carrier or a start-up.

Description: The old adage 'insurance is sold not bought' has been used to dismiss digital insurance and support the old agent model of distribution. However, modern distribution systems address this with personalization. This is not simply a customized application form based on age or gender. Personalization is much more dynamic and happens in real-time. It's about tailoring the end-to-end experience to meet the needs and expectations of the specific applicant. The core tools to achieve this are AI learning and nudges from behavioral science.

Description: How do we take a Minimum Viable Products (MVP) approach to launch new insurance products? Join this moderated discussion and focus on three key development aspects: Distribution, Systems, and the design and pricing of the Insurance product itself. Come discuss reasons to choose an MVP approach and how it solves many of the product launch challenges.

Description: Welcome to the future of insurance, for actuaries and non-actuaries! Discover how cutting-edge AI models are revolutionizing underwriting, risk assessment, and customer experience for the insurance industry. Experts in management consulting and actuarial consulting firms will provide valuable insights into the consideration and challenges surrounding the adoption of Generative AI.

Description: Discover a modernization journey within finance, actuarial investment and risk domains. Expect to learn about the world we are striving for - an event-based, self-service, automated environment that centers around a cloud-based data lake with proper data quality and governance and provides visual, on-demand solutions for reporting and analysis. We will educate the audience on the technology used to obtain this vision and the approach (including our team structures and project management ideologies) we have taken thus far to start moving there.

Description: Join our expert panel for a deep dive into the evolving role of actuaries as technology and innovation reshape the insurance industry. This session will cover the impact of insurtech startups and emerging business models, as well as the competencies actuaries need to thrive in this changing environment. You'll gain insights from industry leaders, futurists, and experienced actuaries who have navigated significant changes in their careers. Learning Outcomes: Understand the key trends in insurtech and other emerging technologies affecting the actuarial profession. Identify the skills and knowledge actuaries need to adapt to the evolving landscape. Explore potential career paths and opportunities for actuaries in insurtech and other innovative areas. Learn strategies for staying resilient and relevant in a rapidly changing industry.

Description: This session aims to equip life insurance actuaries with the insights and tools needed to prepare for and navigate the sweeping changes that generative AI is poised to bring. Attendees will gain deeper awareness and understanding of how Gen AI will impact more broadly across their organization. They will be prompted to think more broadly on the subject rather than specific use cases, to consider wider operational and human impacts of Gen AI. This will include both positive impacts, to be capitalized, and negative impacts, to be understood and mitigated. The session will also afford the opportunity for the audience to share views and join in the discussion through polling and questions, and will therefore provide attendees with an opportunity to hear how others are considering these challenges.

Description: This session will dive into how artificial intelligence is poised to reshape the actuarial profession. Attendees will learn about the potential impacts of AI on actuarial tasks. The presentation will highlight both the opportunities and challenges that AI presents to actuaries.