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2020 ASNY Virtual Annual Meeting
Monday, November 23, 2020, 12:45 PM - 5:30 PM EDT
Category: Events

2020 ASNY Virtual Annual Meeting

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We are very excited for this year's ASNY Annual Meeting being held virtually on Monday, November 23rd.

The meeting will commence with two general sessions 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.

We are conducting the meeting via Zoom. Video tutorials for joining a Zoom Meeting can be found at the following link ( Pre-downloading the latest Zoom client is recommended. You can download the client prior to the meeting using the following link ( Breakout sessions will be managed through Breakout Rooms. Zoom 5.3.0 or later is needed to self-select Breakout Rooms. Each participant will be able to choose which breakout room to join, and can move through breakout rooms at any time. You can see instructions on self-selecting breakout rooms at the following link (

You can register here. A meeting link was sent to all participants on 11/20/2020. It will also be resent on Monday morning (11/23/2020) in case anyone missed it.


12:45 - 12:55 pm:  Opening Remarks
Sarah Valani | Valani Global and ASNY VP of Meetings

12:55 - 1:10 pm:  Club Business
Inga Riven, FSA | New York Life and ASNY President

1:10 - 2:00 pm:  General Session: Shining a Light Onto the Grey Areas:  Being a Professional in Uncertain Times
Thomas Terry FSA EA MAAA FCA | Past President of the American Academy of Actuaries
                   Why (or how) do actuaries shine in the face of uncertainty? Tom will explore this question with us in a non-standard walk through what it means to be an actuary, and what it means to be a professional. More is expected of us as actuaries in times like this.  Our capacity to operate in grey areas is being tapped more than ever.  The web of professionalism that defines our actuarial community -- the Code of Professional Conduct, practice standards, discipline, etc. – is actually built for times like this.  How is that?  Tom will share his thoughts on this and how our relevance as actuaries has grown and will continue to grow in the uncertain days ahead.

2:00 - 2:50 pm:  General Session : Actuarial Process Optimization: The New Transformation?
                   Alex Zaidlin FSA MAAA | KPMG
                   Brandon Lin ASA | KPMG
                   James Chi | KPMG
                   The 80/20 rule says that 80% of time is spent on 20% of processes. Actuarial Process Optimization (APO) is a technology-focused methodology for bringing together actuarial and technology teams to critically examine actuarial processes and target those that are the most time-intense and/or have the highest risk of failure. In this session, we will explore use cases for APO and demonstrate how it can be used to improve the actuarial process in a targeted and short-term fashion.

3:10 - 4:10 pm:  Breakout Session 1

  • 1A: Old Age Mortality
    Ben Blakeslee FSA MAAA | Munich Re
          This session will cover various topics involved in setting mortality assumptions for old ages. It will include a discussion on industry practices as well as a review of recent emerging data.
  • 1B: Principle-Based Reserving
    Kendria Boddie FSA | PwC
    Tim Cardinal FSA MAAA CERA MBA | Cardinals 1 Consulting
          This session will cover important changes for PBR valuation and reporting effective for 2020 year-end as well as upcoming changes for 2021.
  • 1C: Wearing different hats: the many roles for actuaries in Insurtech
    Erika DeLorenzo | Haven Life
    Kofi James FSA MAAA | Haven Life
          This will be a discussion featuring actuaries working in the Insurtech arena. Learn about how the actuarial profession is evolving in this rapidly growing sector, the skills needed to thrive and how Insurtech compares to a more traditional setting.

4:20 - 5:20 pm:  Breakout Session 2

  • 2A: Actuaries and Data Scientists – Powerful Partnerships and Success Stories
    John Myslinski ASA | Munich Re
    Julia Druce | Munich Re
          Many insurance carriers have built an extensive data science team to support and enhance traditional processes and analysis.  There is tremendous opportunity for actuaries and data scientists to work together and leverage information and analysis. In this session, we will share our experiences for successfully integrating data science with traditional actuarial functions.
  •  2B: Long-Duration Targeted Improvements
          Peter Yang FSA, CFA | EY
          Vincent Carrier-Cote FSA, CFA, ACIA | EY
          Companies with products that offer market-based guarantees are now in the process of refining and implementing their methodology to perform retrospective valuations of market risk benefits, a new classification of US GAAP long duration targeted improvements. This session will discuss the challenges associated with the requirement to perform retrospective fair value calculations on blocks of in-force variable annuities, as well as the opportunities offered by this accounting change. This session will also discuss potential financial statement impacts resulting from this new guidance for market risk benefits.
  • 2C: End to End Actuarial Model Transformation Playbook
          Syed H Raza FSA MAAA | EY
          Across the insurance industry, the demands on actuarial functions are increasing, leaders are facing the complex challenge of transforming their organizations to deliver additional and higher quality services with increasing cost effectiveness.  Innovations in data, technology and managed services are driving the need for operational efficiency. Actuarial modeling engagements are often complex, multi-disciplinary endeavors which benefit from standard methods and approaches in order to work cohesively across workstreams. This playbook defines a standard approach for life and annuity end-to-end model conversion. At the conclusion of the session, attendees will be able to understand:
  • How to create an approach aligned to a typical systems development lifecycle (SDLC) for a consistent, quality-controlled approach to model transformations
  • Set of activities and deliverables which bring structure and definition to the processes of a model transformation
  • Fundamental standardized approach to defining clear work products, clear definitions of completeness, and the work breakdown structure of an end-to-end actuarial transformation project

5:20 - 6:20 pm:  Virtual Networking
The networking session will consist of multiple pre-set rooms and individuals can chose to move to different rooms as needed. This will facilitate smaller discussions and attendees are not locked into random room assignments.



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) week or more prior to an event to be eligible for a refund. All requests are subject to $35 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.

Registration Fees

 Before November 20th              

Paid-up Members and Subscribers  


Other Attendees







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

2020 ASNY Annual Meeting - Agenda.pdf

2020 ASNY Annual Meeting - Presenter Bios.pdf

2020 ASNY Annual Meeting - Attendee List as of 11.23.2020.pdf

2020 ASNY Annual Meeting - General Session - Professionalism Shining a Light Onto the Grey Areas.pdf

2020 ASNY Annual Meeting - General Session - Actuarial Process Optimization The New Transformation.pdf

2020 ASNY Annual Meeting - Breakout - Old Age Mortality.pdf

2020 ASNY Annual Meeting - Breakout - Principle-Based Reserving.pdf

2020 ASNY Annual Meeting - Breakout - Wearing different hats the many roles for Actuaries in Insurtech.pdf

2020 ASNY Annual Meeting - Breakout - Actuaries and Data Scientists Powerful Partnerships and Success Stories.pdf

2020 ASNY Annual Meeting - Breakout - Long-Duration Targeted Improvements.pdf

2020 ASNY Annual Meeting - Breakout - End to End Actuarial Model Transformation Playbook.pdf