PBR Bootcamp: Liability Assumption Development
June 21, 2023 | Noon to 1:30 p.m. EDT | USQS CE Available
Slides and audio are now available. To view them, log in to your Academy member account.
REGISTRATION FEES
- Members: $55
- Nonmembers: $110
- Group Registration for Academy Members: $500
- As of Feb. 1, our procedure for submitting group lists has changed. Read the policy.
- Complementary registration is available to the following cohorts of Academy members. Contact education@actuary.org to receive a discount code to register.
- Government regulators
- Academy volunteers who meet both the below conditions:
- “active” members of an Academy committee, board, subcommittee, task force, or work group; and
- qualified for either a partial or full dues waiver during 2023.
ABOUT THIS WEBINAR
The monthly PBR Bootcamp webinar series continues, with this month’s installment focusing on more advanced topics with a look at liability assumption development.
The following topics will be covered by our speakers:
- Mortality, including HMI/FMI, excess mortality, and VM-20 vs VM-21 considerations);
- Policyholder behavior (PHB), including Materiality, required assumptions, differences between life and annuity products, and interaction between PHB and market environment;
- Credibility;
- Data sources;
- Anticipated experience vs prudent estimates;
- Margins;
- Revenue sharing;
- COVID; and
- Reporting.
SPEAKERS
- Donna Claire, MAAA, FSA, CERA
Chairperson, Life Experience Committee
Member, PBR Implementation Work Group - Donna Megregian, MAAA, FSA
Chairperson, Life Products Committee
Member, PBR Implementation Work Group - Bruce A. Friedland, MAAA, FSA
Member, PBR Implementation Work Group - Mike McCarty, MAAA, FSA
Member, PBR Implementation Work Group - Talex Diede, MAAA, ASA
MODERATOR
- Linda M. Lankowski, MAAA, FSA
Chairperson, PBR Implementation Work Group
ABOUT THIS SERIES
The PBR Bootcamp webinar series will explore a variety of topics related to PBR, providing attendees with valuable information and insights from those with insights on PBR since its implementation.
Upcoming webinars will cover PBR reports (regulator review); combination productions, both variable annuities and life; standard projection amounts; and hedge modeling.
CONTINUING EDUCATION
The American Academy of Actuaries believes in good faith that attendance at this live webinar constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, and that attendees may earn up to 1.8 organized continuing education (CE) credits for attending this live webinar.
