2017 ASNY SPRING MEETING

We are very excited for this year's ASNY Spring Meeting being held on Monday, May 15th at the New York Marriott Downtown Hotel.

The meeting will commence with a general professionalism session followed by breakout sessions. At the breakout sessions an accomplished group of industry leaders will present on a broad range of topics of interest including actuarial and IT partnerships, actuarial governance, and evolving regulations.

For photos from the 2016 ASNY Annual Meeting, please visit our photo gallery.

**Update** 2017 ASNY Spring Meeting attendee list as of 5.10.2017 is now available.

**Update** Bios for all presenters are now available.

SCHEDULE

12:30 - 1:00 pm:  Registration

1:00 - 1:10 pm:  Opening Remarks
                   Alex Zaidlin, FSA, MAAA ACIA | Deloitte and ASNY VP of Meetings

1:10 - 1:20 pm:  Club Business
                   David Wicklund, FSA | EY and ASNY President

1:20 - 2:10 pm:  General Session:  SOA Presidential Address
                   Jeremy J. Brown, FSA, MAAA, EA, CLU, ChFC | SOA President
                   SOA President Jeremy Brown, FSA, MAAA, will provide updates from the SOA’s strategic plan and recent developments involving the profession.He will discuss efforts with predictive analytics, actuarial research, ASA curriculum changes and more. Brown will also share his insights as a lifelong learner, in terms of professional development and the profession.

2:15 - 3:05 pm:  General Session:  Actuarial Professionalism
                   Bob Beuerlein, FSA, MAAA, FCA, CERA | President of the American Academy of Actuaries
                   Actuarial professionalism—the commitment to a high level of personal integrity and ethical conduct, as well as compliance with the profession’s standards of conduct, qualification, and practice—can help the actuary to navigate ethical and other challenges that arise in the workplace. Each actuary’s dedication to professionalism will help him or her to respond to such challenges, while reinforcing the public’s trust in the profession as a whole. Public trust is the linchpin of the self-regulation that our profession enjoys.  This session will explore the foundational importance of modeling good professionalism behavior in the workplace, explore actuary-to-actuary communications and cooperation, the role of professionalism in new and emerging practice areas, and professionalism and the resolution of ethical dilemmas in the workplace.

3:25 - 4:25 pm:  Breakout Session 1

• Reinsurance as a Capital Management Tool
        Brian O'neill, CERA, CFA, FSA, MAAA | Deloitte
        Olivia Yang, CERA, FSA, MAAA | Oliver Wyman
        Direct writers and reinsurance carriers are coping with a number of critical challenges that are undermining growth potential and threatening profitability. Waning demand and increased capacity for traditional products have, in some instances, led companies to struggle to achieve traditional profit targets. An increase in commoditized pricing, internal expenses related to arguably onerous regulations, inefficiencies in internal infrastructure, and the sustained low interest rate environment are additional factors impacting the top and bottom lines of reinsurers and primary carriers alike. In this session we will explore these critical challenges and highlight prevailing practices that organizations are using to deal with the changing landscape.
   
• PBR Modeling
        Youn Kim, ASA, ACIA, CERA | KPMG
        Rena Kuliyeva, FSA | KPMG
        Benjamin Farnsworth, FSA, MAAA, CERA | KPMG
        PBR modeling challenges – From start to finish.
        From beginning to end, the implementation of PBR is a challenge facing insurance companies. Please join us for a discussion of issues and concerns facing our companies and PBR modeling. We will discuss challenges noted in the industry and discuss potential areas for consideration Are you ready for PBR?
   
• Non-trad Actuarial Roles
        Nate Pohle, FSA, MAAA, CERA | Deloitte
        Andrew Webster, ASA, MAAA | Validate Health
        Laura Boylan, FSA, CERA | Haven Life
        The Actuarial profession and insurance industry are facing potentially significant change as big data and analytics continue to enhance insurance companies’ core operations and become an important component of the Actuary’s toolbox. In addition, actuaries are increasingly adding value in non-traditional roles by demonstrating their strong business acumen, risk management and problem-solving skills. This session will feature Actuaries working in non-traditional roles and will explore what “hard” and “soft” skills are necessary to succeed in these non-traditional roles.

4:45 - 5:45 pm:  Breakout Session 2

• Model Governance in Action
        Caroline Zhang, FSA, CERA, MAAA, CFA | Prudential
        Cherie Coffey | Prudential
        This session will be discussing model governance in practice from both a corporate perspective as well as line of business perspective. Examples will be used to illustrate the challenges and opportunities within the Model Governance landscape. The first half of the session will be presentation on this topic while the second half of the session will be interactive discussions on a case study. 
   
• IFRS 17 Update
        Darryl Wagner, FSA, MAAA | Deloitte
        Hui Shan, FSA, MAAA | Deloitte
        This session will provide recent updates and an overview of the insurance accounting model under the forthcoming IFRS 17. It will highlight key differences between IFRS and US GAAP in the valuation of insurance contracts, and briefly discuss key valuation components such as risk adjustment and the various techniques that could be employed for measurement. In addition, this session will discuss potential challenges that could be faced in implementing this new IFRS standard.
   
• Combination Products
        Linda Chow, FSA, MAAA | EY
        Jillian McCoy FSA, MAAA | New York Life
        Tim Johnson FSA, MAAA | EY
        Combination products that add Long Term Care (LTC) riders to base life policies and base annuity policies are gaining significant momentum in the insurance industry. During the first half of the session, presenters will provide an overview of the different combination products in the industry, discuss why these products are appealing to both consumer and carriers and summarize the market landscape. The second half of the session will provide a deep dive of assumption development considerations related to combination products.
   

5:45 - 7:00 pm:  Networking Cocktail Reception

PAYMENT

If you would like to pay by credit card online, please register online.  If you have been a past member, but have not yet paid dues for this year, membership dues must be paid first before you will receive the reduced cost for this event.

For those interested in paying by check or cash, please download the mail-in registration form, and follow the instructions within.  If you are paying for a group of individuals, please use the form and include a listing of all individuals being included in the payment to ensure proper tracking.  The list should include First Name, Last Name, Email, and Company.

If you have any questions, please use the Contact ASNY page and select Subject option 5, "ASNY Annual Meeting".

Presentations will be uploaded at the bottom of the page as they are received from presenters.