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2018 ASNY Annual Meeting
New York Marriott Downtown Hotel
85 West Street (at Albany Street)
New York, NY 10006
USA
Monday, November 19, 2018, 8:00 AM - 7:00 PM EST
Category: Events

2018 ASNY Annual Meeting

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Update*: You can find the attendee list as of 11.13.2018 here.

We are very excited for this year's ASNY Annual Meeting being held on Monday, November 19th 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.

SCHEDULE

8:00 - 8:45 am: Meeting Registration and Breakfast

8:45 - 9:00 am:  Welcome Remarks
                   
Sarah Valani | ASNY VP of Meetings

9:00 - 10:00 am: General Session: Current Professionalism Topics
                   
D. Joeff Williams MAAA, FSA | American Academy of Actuaries President-Elect
                   
American Academy of Actuaries President Elect and outgoing Vice President of Professionalism Joeff Williams will present on professionalism topics.

10:15 - 11:45 pm: General Session: SOA President Elect Address
                   
Andrew Rallis, FSA, MAAA | Society of Actuaries President Elect
           
Mr. Rallis will discuss the strategic plans of the SOA as well as his vision of the future opportunities and threats to the actuarial profession. He will also address the recent announcement of possible combination between the SOA  and CAS.

11:45 - 1:15 pm: General Session: Regulatory Hot Topics Panel
                   Laura Bazer | Moody's   
                   Thomas Hartman, ASA, MAAA | Currin Compliance Services, Inc.           
                   Josh Windsor, FSA, FIA, MAAA | NAIC          
                   Ben Blakeslee, FSA, MAAA | Munich Re  

This session will discuss the significant developments in the regulatory environment and the potential impacts of these changes. The diverse panel will bring different perspectives on the topics and consider various outcomes. Attendees will learn about what items to consider and actions that they may need to take as a result of the changing regulatory environment. All attendees will have the opportunity to send in their questions in advance of the meeting for the moderator to compile and create an engaging session.

1:15 - 2:30 pm: Lunch Session: Club Business
                   Noor Rajah, FSA | ASNY President

2:45 - 4:00 pm:  Breakout Session 1

  • IFRS17 Panel: Challenges and Considerations for Actuarial Implementation and Beyond
          Jeremy Levitt, FSA, FIA | EY
          Darryl Wagner, FSA, MAAA | Deloitte
          Ailen Okharedia, FSA, MAAA| PwC

          
    This panel discussion will offer an interactive session covering various considerations and challenges for actuaries under IFRS17. The panel will discuss general and actuarial implementation issues likely to arise by the introduction of IFRS17, organizational impacts, controls put in place to minimize operational risks, and other actuarial topics related to the new Standard. The floor will be open for interactive discussion at various points during the presentation.
     
  • Emerging Technology for Insurance Companies:  Where do Actuaries Fit In?
          Carter Khalequzzaman, ASA, CERA | Haven Life
          Evan Besser | Haven Life
          

    No matter which part of insurance you find your day job in, you probably feel the utilization of modern technology is behind the curve compared to other industries. Let's discuss the state of where technology lies today, how insurance companies stack up, and where actuaries can play a role in closing the gap.

  • Real World and Risk Neutral ESG Validation
          
    Ricky Power, FSA, FIA, CERA | Moody’s Analytics
          Alasdair Johnston | Moody’s Analytics
          

    This session will explore best practices for both real world and risk neutral economic scenario generation validation, discussing some of the common approaches as well as useful tips.

  • Asset Liability Management for Optimizing Insurance Company Value
          
    Robert Humphreys, FSA | PwC
          Jeff Mulholland, FSA, MAAA | PwC
          
    Insurance companies stock prices trade with a high correlation to return on equity. The session will delve into asset liability management strategies for optimizing key performance indicators. Focus areas will include asset allocation, hedge programs and capital allocation for insurance companies.

4:15 - 5:30 pm:  Breakout Session 2

  • Filling the Coverage Gap - Insurance for On-Demand Services
          Khanh Luu | AIG
          Jim Weiss, FCAS, MAAA, CPCU | ISO
          
    Heading into 2019 on-demand services have become more prominent in our life due to the convenience of the products and the increasing trust from customers participating sharing economy activities. We have spoken to many ride-sharing drivers who have been having difficulty navigating a patchwork of personal and commercial policies simply to drive for ridesharing companies, which points to a convenience gap in the marketplace. This perceived gap does not begin or end with ridesharing. Modern life’s underinsured moments range from ridesharing to flying a drone to boarding an airline to crossing the street walking a dog. Coverage innovations such as insurance-on-demand (IOD) are rising to the challenge and helping address emerging coverage needs. 
     
  • Data and Automation: Where we are and where we could be
          Nelson Lum, FSA, ACIA, MAAA | KPMG
          Kaushal Balanadu, FSA, CERA | KPMG
          
    This session discusses how the process around actuarial reporting has historically been dictated and set to meet various reporting requirements without consideration for efficiency or integration. However, recently companies are beginning to build out a holistic end-to-end solution around reporting by taking a closer look at their data and also exploring analytics and technological capabilities.
     
  • PBR: Is it almost 2019 already?!? How ready are you for PBR?
          Benjamin Farnsworth, FSA, MAAA, CERA | KPMG
          Reanna Nicholsen, FSA, MAA | New York Life
          
    It is hard to believe that we are more than halfway through the phase-in period for life principle-based reserves (PBR). We are all learning that it is not just calculation of the reserves that is new and challenging to prepare for. The infrastructure, documentation and reporting needs are perhaps even more significant than first anticipated. The responsibilities across the organization will need to be defined to ensure requirements are met. The presenters will also provide insights to how the PBR implementation is going from various perspectives.    
     
  • Assumptions Development: Hybrid between Traditional Methods and Advanced Techniques
          
    Leonid Shteyman, FSA, MAA, CFA| Prudential
          Julia Romero, FSA, CERA | Haven Life
          Eric Budde | Munich Re
          
    Improved technology and more data has lead to increasingly advanced methods of fitting data and making predictions. The session will establish general principles of assumption development, and explore scenarios where advanced techniques would potentially help insurance assumption setting as well as many important situations where they would not. The second part of this session will focus on the application of agent-based modeling (ABM). This session isn’t technical and is suited for everyone.

5:30 - 7:00 pm:  Networking Cocktail Reception

 

Registration Fees

 Before November 2nd                November 4th to November 18th At the Door

Paid-up Members and Subscribers  

$425 $475 $525

Other Attendees

$475 $525 $575

PAYMENT

You can register online here.  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.

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

Cancellation Policy

  • Cancellation of any individual's event registration must be made two (2) weeks or more prior to an event to be eligible for a refund. All requests are subject to $50 service fee to cover administration costs and email must be received prior to the two week deadline. Cancellations made after the two week deadline will not be honored, however, all individuals are allowed to transfer their registration at any time to another individual at their organization at no cost by sending an email to ASNY representatives at the email below. Any transfer should be communicated to ASNY as soon as it is known. 
  • ASNY reserves the right to cancel any program if conditions warrant. In the rare event of such cancellation, registration fees will be refunded in full. We are not responsible for any discounted airfares or hotel penalties that an attendee may incur due to cancellation.
  • Please contact [email protected] with any questions you have around this process.

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

2018 ASNY Annual Meeting - Agenda and Presenter Bios.pdf