ASOP No. 2 Practice Note

REGISTRATION FEES

• Members: $55
• Nonmembers: $110
• Group Registration for Academy Members: $500
• Complimentary registration is available to the following cohorts of Academy members. Contact education@actuary.org to request 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 2025.

ABOUT THIS WEBINAR

During this webinar, members of the Academy’s Non-Guaranteed Elements Subcommittee will provide a comprehensive discussion of the key points included in the recently released Actuarial Standard of Practice (ASOP) No. 2 Practice Note.

• Recognize key elements of ASOP No. 2, which deals with Non-Guaranteed Elements in life insurance and annuity products, based on the Practice Note which offers an analysis of issues and recommended practices based on the ASOP.
• Examine the circumstances in which insurers have the right to exercise discretion to prospectively change a non-guaranteed element to be within the scope of ASOP No. 2.

SPEAKERS

• Stephen O’Brien, MAAA; Member, Non-Guaranteed Elements Subcommittee
• Beth Desmonds, MAAA, FSA; Member, Non-Guaranteed Elements Subcommittee
• Gabe Schiminovich, MAAA, FSA; Member, Non-Guaranteed Elements Subcommittee
• Wendy Yuwen Wang, MAAA, FSA; Member, Non-Guaranteed Elements Subcommittee

MODERATOR

• Brian Lessing, MAAA, FSA; Member, Non-Guaranteed Elements Subcommittee

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.

ADDITIONAL INFORMATION

Registration for this webinar is limited to the first 1,000 registrants. Visit our webinar FAQs to learn more about our webinar policies, including group registration. For more information about this webinar, contact education@actuary.org.