AGENDA

Tuesday, Nov. 1, 2022

3 to 6:30 p.m.

Registration & Welcome Reception

Welcome to the 2022 Academy Annual Meeting! Join your colleagues in the Grand Ballroom Foyer on the lower level of the Marriott to pick up your badge, enjoy hors d’oeuvres and refreshments, and network with friends. We’ll have special activities and icebreakers for both first-time and returning Academy Annual Meeting attendees—even some prizes to welcome you and get you ready for two days packed with essential programming.

Meeting Room: Grand Ballroom Foyer

6:30 a.m.

Fun Run/Walk

Start your day of learning off on the right foot! Meet your new friends in the lobby of the hotel and take a guided jog or walk among the sights of downtown Washington. This is free and open to everyone.

7:45 a.m.

Registration opens
Breakfast available

Meeting Room: Grand Ballroom Foyer

8 to 8:45 a.m.

Welcome and Awards

• Welcome remarks: Academy President Maryellen Coggins
• Presentation of the Outstanding Volunteerism Awards and recognition of Rising Actuary Award recipients

Meeting Room: Grand Ballroom

9 to 10 a.m.

Opening General Session on Longevity Increases 

One of the great stories of the last 100 years—impacting countless lives and with vast implications for assuring financial security--is increased life expectancy. The Academy welcomes accomplished author and speaker Steven Johnson, described by the New York Times as a “deep thinker and a gifted storyteller,” to recount the innovations and changes behind humanity’s remarkable feat of doubling life expectancy and what lies ahead. Johnson will lead the audience on a fascinating journey, elaborating on his most recent book, Extra Life: A Short History of Living Longer, sharing insights on the mechanics of this transformative change, as well as remaining challenges such as gaps in life expectancy, and the role of innovation in further extending longevity. 

• Guest speaker: Steven Johnson, Host, PBS TV series, and author, Extra Life

Meeting Room: Grand Ballroom

10 to 10:30 a.m.

Networking Break

Meeting Room: Grand Ballroom Foyer

10:30 to 11:45 a.m.

Breakout Sessions

• [DIGITAL PASS] Climate Change and Health  (Grand Ballroom)  
  🎫 Digital pass holders join here. 

• "All the Scenarios": Exploring Economic Scenario Generators (Salon E)

• Pricing and Underwriting (Penn Quarter)

• Public Plans (London II)

11:45 to 1:30 p.m.

Lunch

• Guest speaker: The Hon. Gene L. Dodaro, Comptroller General of the United States
• Academy Presidential Transition and Annual Meeting

Meeting Room: Grand Ballroom
 

1:30 to 1:45 p.m.

Break / Dessert

Meeting Room: Grand Ballroom Foyer

1:45 to 3 p.m.

Breakout Sessions

• Regulating the Affordable Care Act: What’s New for 2023? (Salon E)

• A Conversation on the Professional Implications of Big Data and AI (London II)

• [DIGITAL PASS] Cyber Risk (Grand Ballroom)

• Single-employer (Penn Quarter)

3 to 3:30 p.m.

Networking Break

Meeting Room: Grand Ballroom Foyer

3:30 to 4:45 p.m.

General Session 

Data Analytics: New and Emerging Considerations for Actuaries in the Age of Big Data 

As new data sources, methods, and applications proliferate and the vast universe of Big Data grows ever bigger and less “traditional” by the day, join leading Academy volunteers for a discussion of the emerging professionalism and regulatory considerations these changes raise for actuaries’ data analytics work. This discussion will highlight key developments such as how Big Data and artificial intelligence (AI) are impacting data analytics in the insurance space, and how regulators are newly scrutinizing data, algorithms, models, and predictive modeling. This discussion will also put a valuable professionalism lens on data analytics practices in the context of actuarial standards of practice, including where data and models have been produced by non-actuaries who are not familiar with our profession’s standards or insurance regulatory requirements. 

• Opening Remarks by Jason Federoff, Principal Data & AI Transformation Executive, FSS SME
• Speakers: Yixuan Song, MAAA, FSA, Member, Health Equity Committee; Dave Sandberg, MAAA, FSA, Member, Data Science and Analytics Committee; Shawna Ackerman, MAAA, FCAS, Member, Data Science and Analytics Committee; John Popiolek, MAAA, EA, FSA, Senior Consulting Actuary, Willis Towers Watson
• Moderator: Dorothy Andrews, MAAA, ASA, Chairperson, Data Science and Analytics Committee

Meeting Room: Grand Ballroom

5:15 to 6:30 p.m.

Reception

Meeting Room: Junior Ballroom Salons 1 & 2

Moonlight Tour

Viewing the monuments at night is a can’t-miss D.C. experience—join us and make sure your cameras are fully charged to take in the sights of Washington, D.C., at night. Our private chartered trolley tour is specially tailored to maximize your time and provide an overview of Washington, D.C.’s beautiful scenery and rich history. You’ll get to see and experience several of the city’s spectacular memorials, including the Lincoln Memorial, the Vietnam, Korean, and World War II memorials, and the FDR and Martin Luther King memorials. The trolley will pick up and return to the Marriott Metro Center.

(Additional cost: $60)

Meet in the hotel lobby at 6:45 p.m.

7:45 a.m.

Registration opens
Breakfast available.

Meeting Room: Grand Ballroom Foyer

8 to 8:45 a.m.

Welcome and Awards

• Day 2 Welcome
• Presentation of the Robert J. Myers Public Service Award and the Jarvis Farley Service Award

Meeting Room: Grand Ballroom

9 to 10 a.m.

General Session
Economic Trends and Financial Security 

Just ahead of Election Day, acclaimed columnist and commentator Michelle Singletary will bring her 25 years of experience writing about personal finance and economic trends to shine light on the complex financial security implications of the current economic and public policy environment. Known for writing at the real-time intersection of personal finance, politics, and economics, Singletary will share insights into what recent macro-level economic trends such as inflation, rising interest rates, and market volatility could mean for retirement income and savings; financial risks; and the shape of public policy debates beyond the mid-terms. 

• Guest speaker: Michelle Singletary, personal finance author and award-winning journalist and commentator

Meeting Room: Grand Ballroom

10 to 10:30 a.m.

Networking Break

Meeting Room: Grand Ballroom Foyer

10:30 to 11:45 a.m.

Breakout Sessions

Meeting Room: Grand Ballroom Foyer

• Health Care Workforce Shortages (Salon E)

• [DIGITAL PASS] The Emergence of Private Equity and Life Insurance (Grand Ballroom)

• Climate Change (Penn Quarter)

• Social Security (London II)

Noon to 1 p.m.

Lunch
Public Policy Update: Diversity, Equity & Inclusion 

Get a cross-practice update over lunch on the Academy’s multifaceted, cross-practice public policy work on Diversity, Equity & Inclusion (DE&I) issues. The Academy’s engagement with policymakers on these issues ranges from comment letters on state legislative and regulatory entities and testimony before the National Association of Insurance Commissioners, to original public policy research and publications distributed to Capitol Hill offices and other stakeholders. The update will also highlight plans for ongoing and future work aimed at providing a timely, objective, and nonpartisan actuarial perspective on DE&I issues to policymakers. 

• Speakers: Sherry Chan, MAAA, FSA, EA, Vice President, Pension Practice Council; Lauren Cavanaugh, MAAA, FCAS, Academy Vice President, Casualty; Sue Bartholf, MAAA, FSA, Chairperson, Academy Life Underwriting and Risk Classification Work Group
• Moderator: Annette James, MAAA, FSA, FCA, Chairperson, Academy Health Equity Committee

Meeting Room: Grand Ballroom

1:00 to 1:15 p.m.

Break/Dessert

Meeting Room: Grand Ballroom Foyer

1:15 to 2:15 p.m.

Professionalism General Session
“The Ethically Intelligent Actuary” 

Ethical challenges are among the most difficult an actuary may experience in their career. Ethics expert Bruce Weinstein will lead an interactive discussion of the value of “ethical intelligence” in meeting these challenges, how it informs decision-making in situations where the ethical choice isn’t clear, and how it complements the formal guidance and standards rooted in the Code of Professional Conduct. This session will provide an invaluable new lens on what to do the next time you face an ethical dilemma. 

• Guest speaker: Bruce Weinstein, The Ethics Guy, author of Ethical Intelligence: Five Principles for Untangling Your Toughest Problems at Work and Beyond

Meeting Room: Grand Ballroom

JBEA CPE Available: Core ethics

2:15 to 2:30 p.m.

Networking Break

• Book signing with Bruce Weinstein in the networking area.

Meeting Room: Grand Ballroom Foyer

2:30 to 3:30 p.m.

General Session 

Inflation Nation: Actuarial Perspectives on Inflation’s Effects on Insurance and Pensions 

Panelists from different actuarial practice areas will share their insights into the potential impacts of inflation for private insurance and pension plans and major public systems. The presentations and discussion will dive into the current picture of cost and claim trends, and shine light on the possible actuarial implications of inflation over time.  The discussion will also informatively explore the potential effects on financial security systems of different policy responses to inflation such as monetary policy changes, and legislative and regulatory proposals. 

• Speakers: Koren Holden, MAAA, FCA, EA, Member, Public Plans Committee; Jeff Johnson, MAAA, FSA, Life Practice Council; Barb Klever, MAAA, FSA, Vice Chairperson, Health Practice Council; Dave Heppen, MAAA, FCAS; Edward L. Toy, Investment Specialist, Practice Lead, Investment, Risk & Regulatory Consulting
• Moderator: Seong-min Eom, MAAA, FSA, Academy Vice President, Risk Management and Financial Reporting Council

Meeting Room: Grand Ballroom