Fall 2023 Meeting
Register for the meeting here: https://actuariesclubofboston.regfox.com/actuaries-club-of-boston-2023-fall-meeting
Where:
Omni Parker House
60 School Street
Boston, MA 02108
When:
Wednesday, November 8th 2023
Agenda:
12:30pm Registration
1:00-4:00pm: Four exciting sessions covering the following topics:
Bonds, Buildings, and Blueberries
Have you ever thought about what life insurers do with premiums? Life insurance is unique in that actuaries need to invest premiums for decades before delivering on obligations. Join John Hancock actuaries as they discuss what dictates how companies invest their assets and see why blueberries are so important!
Secondary Impacts of LDTI on Life and Health Audits
The new guidance Long Duration Targeted Improvements (LDTI) has significantly changed how insurers account for and make disclosures about long-duration contracts, but how has it impacted actuarial audits? In this session, we’ll discuss the targeted improvements and how the accounting change has impacted actuarial auditors and their audit clients.
PROFESSIONALISM: The Code, the ASOPs, and the ABCD
Get a valuable reminder of the precepts of the Code of Professional Conduct, which is the foundation of actuarial professionalism including your professional ethical responsibilities, compliance with actuarial standards of practice (ASOPs), and the profession’s self-regulated disciplinary process. Take a deep dive into the role of the Actuarial Board for Counseling and Discipline (ABCD) with a former ABCD chairperson. This discussion will range from the professional guidance the ABCD provides to actuaries through the request for guidance (RFG) process to its critical and multifaceted role in matters of professional discipline.
BREAKOUT SESSION: Health Actuary Round Table
This session will be the initial Health Actuary breakout session of the Actuaries' Club of Boston. The start of the session is a prepared discussion on strengths and weaknesses of the Health RBC formula, what life's like as a health actuary in a company falling below RBC action levels, and the concerning pattern of an increased number of health insurers falling below Mandatory DOI Control Level. The remainder of the session will be an open discussion on general health actuarial topics but time will be reserved to discuss ways the ACB can best meet the needs of health actuaries.
4:00pm – Networking Reception
Prices:
$160 Early Bird (Through October 27th)
$175 General Admission (October 28th – November 3rd)
$75 Retired/Unemployed/Self-Employed
Walk in registration at the event is not permitted.
Special thanks to our sponsors!
Schedule & Session Details
Antitrust Statement:
The Actuaries’ Club of Boston (“Club”) is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the Club are designed solely to provide a forum for the expression of various points of view on topics described in the programs or agendas for such meetings.
Under no circumstances shall this meeting be used as a means for competing companies or firms to reach any understanding – expressed or implied – that restricts competition or in any way impairs the ability of members to exercise independent business judgment regarding matters affecting competition.
It is the responsibility of all seminar participants to be aware of antitrust regulations, to prevent any written or verbal discussions that appear to violate these laws, and to adhere in every respect to the antitrust compliance policies of major actuarial organizations.