About This Event
ANAHEIM MARRIOTT
ANAHEIM, CA
SEPTEMBER 5-7, 2018
Pre-registration is now closed. Please register with the CAS Staff Anaheim, CA. Questions? Call 703-276-3100.
The Casualty Actuarial Society (CAS) and The American Academy of Actuaries would like you to join us at the 2018 Casualty Loss Reserve Seminar (CLRS) scheduled for September 5-7, 2018 in Anaheim, CA.
The CLRS planning committee has created a fantastic program with a variety of educational opportunities that span across three days! CLRS provides a forum for presenting and discussing significant issues in loss reserving. The program includes a range of topics to interest professionals and students in a number of related disciplines. Moreover, the seminar meets the continuing education needs of actuaries and other professionals whose responsibilities include loss reserving. Attendees will leave this year’s seminar better able to understand, evaluate and estimate loss reserves. The seminar is recommended for risk and insurance managers, actuaries, actuarial students, accountants, underwriters, insurance regulators, and others who require an understanding of recent state-of-the-art developments, as well as traditional loss reserve methods and models. Generally, no advanced preparation, previous education, work experience or background knowledge are required, unless specifically stated within the session description.
NEW THIS YEAR!
DOUBLE THE FEATURED SPEAKERS!
Wednesday Opening Session/Featured Speaker (September 5th, 4:15 p.m. – 5:30 p.m.)
This year we will kick off the seminar with a dynamic keynote address on Communication Skills on Wednesday afternoon. Todd Cohen will walk attendees through a high energy and interactive session on becoming an effective communicator by using a sales strategy.
Thursday Business Session/Featured Speaker (September 6th, 8:00 a.m. – 9:30 a.m.)
The Walt Disney Company’s Director of Risk Management, Tim East will provide an insight look on Disney’s approach to Risk Management and his work with actuaries in the insurance industry.
MORE PRE-SEMINAR WORKSHOPS!
Eight dynamic workshops will be offered on a variety of topics on Wednesday. This year you will have the option of choosing between full day or half day workshops.
Full Day Workshops:
- Intermediate R
- Triangles Reimagined
- IFRS 17 – The Premium Allocation Approach and Beyond - CANCELLED
- Effective P&C Opinions – the Opinion Writers’ Workshop
- Bayesian Reserving
Half Day Workshops:
- Captive Insurance Boot Camp - Basic
- Captive Insurance Boot Camp - Advanced
- The Profound Power of Presence: How to Communicate Your Value and Purpose
CONTACT INFORMATION
- For more information on Casualty Loss Reserve Seminar (CLRS) content, please contact CAS Manager of Professional Education Vincent Edwards at vedwards@casact.org.
- For more information on attendee registration, please email arc@casact.org.
- For more information on the Casualty Loss Reserve Seminar (CLRS) other than registration or content issues, please email meetings@casact.org.
- For more information on other CAS opportunities, or for more information regarding administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or by email.
Paperless Meeting
Green seminars incorporate environmental considerations to minimize negative impacts on the environment. The CAS has taken a step in that direction by making the Casualty Loss Reserve Seminar “paperless,” which means:
- Paper copies of session handouts will not be provided in the meeting rooms.
- Paper copies of the list of attendees will not be distributed, though a few copies will be available for review at the CLRS registration desk.
- Seminar evaluations will be administered online; Session slides will be posted on the CAS Web Site at least two weeks in advance of the CLRS so that attendees can download, print, and bring handouts as desired. Please note that not every presenter will choose to provide a presentation for his or her session.
Once at the Casualty Loss Reserve Seminar, attendees are encouraged to view the list of attendees online, complete the online evaluation forms, and download presentations for the sessions they attend.
The CAS appreciates your participation in this effort to reduce the seminar’s carbon footprint and impact on the environment.
CONTINUING EDUCATION CREDIT
CPCU
Chartered property casualty underwriters (CPCUs) attending this year’s Casualty Loss Reserve Seminar will be awarded a maximum of 10 points under the Continuing Professional Development Program for CPCUs. Forms to receive credit will be available at the seminar.
CAS
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide actuarial services. Actuarial services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings, or opinions based upon actuarial considerations.”
Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy.
This activity may qualify for up to 15* CE Credits for the Casualty Loss Reserve Seminar for CAS members. Workshop attendees may add a maximum of 7.2* CE Credits. Those attendees who participate in a Roundtable Discussion can add up to .9* CE Credits for each session. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time not to include breaks or lunch.
*The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the American Academy of Actuaries.
ATTIRE
Business casual attire is suggested for all sessions as well as the receptions on both evenings. Since meeting room temperatures and personal comfort levels vary, it is recommended that you bring a sweater or jacket to the sessions. In Anaheim, the average high temperature during September is 87 degrees and the average low is 63 degrees.
ADDITIONAL INFORMATION:
- For more meeting information, contact Kathleen Dean, CAS Director of Meeting Services, at kdean@casact.org or (703) 276-3100.
- For more information on this seminar or on other CAS opportunities, or for more information regarding administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or visit the CAS Website.
- For more information on attendee registration, please email arc@casact.org.
- For more information on CLRS other than registration issues, please email meetings@casact.org.
Registration Information
The 2018 Casualty Loss Reserve Seminar (CLRS) and Workshops will be held Wednesday, September 5 through Friday, September 7, 2018, at the Anaheim Marriott Hotel in Anaheim, CA. The number of participants may be limited, so register as soon as possible.
Pre-registration is now closed. Please register with the CAS Staff in Anaheim, CA. Questions? Call 703-276-3100.
WORKSHOP (WEDNESDAY ONLY) AND SEMINAR (WEDNESDAY AFTERNOON, THURSDAY AND FRIDAY) DETAILS:
The following registration options are offered:
- Full or half day of focused workshops on Wednesday only; or
- Three days of traditional CLRS general/concurrent sessions on Wednesday (afternoon), Thursday and Friday;
- both the focused workshops and the traditional seminar covering Wednesday, Thursday and Friday.
All fees will increase by $200 for registrations received after August 10, 2018. Pre-registration will close on August 24, 2018. Email confirmations are available to all pre-registered attendees, and unless the seminar or workshops reach capacity, onsite registration will be available in Anaheim.
WORKSHOPS (WEDNESDAY)
*Pre-registration is required.
The CLRS will also feature eight optional pre-seminar workshops on Wednesday. The workshops (half or full day) are designed to be highly interactive, hands-on and more in- depth than a traditional seminar session and are limited in attendance. The committee has designed eight dynamic workshops covering the following topics:
Full Day Workshops: (8:00a.m. – 4:00 p.m.)
- Workshop 1 - Intermediate R
- Workshop 2 - Triangles Reimagined
- Workshop 3 - IFRS 17 - The Premium Allocation Approach and Beyond CANCELLED
- Workshop 4 - Effective P&C Opinions – the Opinion Writers’ Workshop
- Workshop 5 - Bayesian Reserving
Half Day Workshops: (AM: 8:00 a.m. – 11:30 a.m. & PM: 12:30 p.m. – 4:00 p.m.)
- Workshop 6 - Captive Insurance Boot Camp - Basic
- Workshop 7 - Captive Insurance Boot Camp - Advanced
- Workshop 8 - Communication Skills - The Profound Power of Presence Workshop Preview
WORKSHOP (WEDNESDAY) AND SEMINAR (WEDNESDAY AFTERNOON, THURSDAY AND FRIDAY) FEES
Pre-registration is now closed. Please register with the CAS Staff in Anaheim, CA. Questions? Call 703-276-3100.
|
REG TYPE |
EARLY REG. FEE |
LATE REG. FEE |
|
WORKSHOP (WEDNESDAY AFTERNOON) |
||
|
Attending the Seminar + Full Day Workshop |
$725 |
$825 |
|
Attending the Seminar + Half Day Workshop |
$362 |
$462 |
|
Workshop only (Not Attending the Seminar) |
$200 |
|
|
Workshop Speaker |
Waived |
|
|
SEMINAR (WED/THUR/FRI) |
||
|
CAS Members, Subscribers, and Active Candidates*, or a Member of a Worldwide Actuarial Association |
$1,100 |
$1,300 |
|
Non-CAS/AAA/CCA Member |
$1,300 |
$1,500 |
|
CAS/AAA/CCA Member Seminar & Workshop Speakers |
$550 |
|
|
Government Employees - CAS/AAA/CCA Members |
$550 |
|
|
Government Employees - Non-CAS/AAA/CCA Members |
$650 |
|
|
Non-CAS/AAA/CCA Speakers |
$0 |
|
|
CAS Academic Central Member** |
Waived |
|
|
POST-EVENT SESSION RECORDINGS (COVERING MOST OF THE SESSIONS PRESENTED; FEE DISCOUNTED FOR ATTENDEES) |
$50 |
* An active candidate is a non-member who has attempted at least one actuarial exam in the last two years.
** Limited to Members of CAS Academic Central for up to three national CAS meetings or seminars each year.
REGISTRATION HOURS:
Registration Hours:
The CLRS registration desk will be open as follows:
Workshop Registration:
Wednesday, September 5, 7:00 a.m. – 1:30 p.m.
Seminar Registration:
Wednesday, September 5, 2:30 p.m. – 7:00 p.m.
Thursday, September 6, 7:00 a.m. – 6:00 p.m.
Friday, September 7, 7:00 a.m. – 2:00 p.m.
CANCELLATION POLICY
The fee will be refunded for cancellations received by August 24, 2018, less a $100 processing fee. Only written cancellations will be honored. Cancellations will be accepted by fax at (703) 276-3108 or via email to refund@casact.org.
http://cas2018clrsiframe.azurewebsites.net/
Anthony Bustillo, Chairperson
John Wade, Vice Chairperson
Edmund Douglas, Vice Chairperson
Jason Abril
Alex Alimi
Emily Allen
Peter Brinck
Rachel Dolsky
Kevin Donnelly
David Foley
Wendy Germani
Ellen Guffy
Lise Hasegawa
Steven Herman
Alan Hines
Eric Hornick
YI Jing
Debbie King
Ron Kozlowski
Jing Liu
Joshua Merck
Bill Miller
Chandu Patel
Susan Pino
Karin Rhoads
Carver Roya
Raj Sahasrabuddhe
Kristen Seitz
Ahmad Shadman
Patty Smolen
Abby Sternberg
Peter Tomopoulos
David Wolf
Ryan Royce, CAS Research Committee Liaison
Kevin Ryan, American Academy of Actuaries Liaison
Vincent Edwards, Staff Liaison
Kathleen Dean, Staff Liaison
LODGING INFORMATION
OVERFLOW HOTEL INFORMATION
The Anaheim Marriott has sold out of the CLRS room block and the overflow hotel is:
Hilton Anaheim
(located directly across the pedestrian walk from the Anaheim Marriott)
777 W. Convention Way,
Anaheim, California 92802
Phone: 1-714-750-4321
Room Rate: $99 for single/double room, plus taxes.
BOOK YOUR ROOM
Web-link: https://book.passkey.com/go/CAS18
Call-in #: 877-776-4932
Group Code: CSL
The 2018 Casualty Loss Reserve Seminar and Workshops will be held at:
Anaheim Marriott
700 West Convention Way
Anaheim, CA 92802
Phone: (714) 750-8000
ROOM RATE AND RESERVATIONS
The room rate is $165 for single/double room, plus taxes, and reservations must be made prior to Friday, August 14, 2018.
Reservations may be made online or via telephone:
- Online reservations
- Telephone reservations, kindly call 1-888-236-2427 and identify yourself as being with the Casualty Actuarial Society CLRS.
A limited number of rooms have been reserved for the evenings of Tuesday, September 4; Wednesday, September 5; Thursday, September 6; and Friday, September 7. While reservations must be made prior to Friday, August 14 2018, in order to receive the $165 rate, there is no guarantee that rooms will be available should you wait until this date. CAS strongly suggests that you make your room reservations early to receive a room before the room block fills.
ADDITIONAL ACCOMMODATION INFORMATION
For more information on the hotel or Anaheim, please visit https://www.marriott.com/hotels/travel/laxah-anaheim-marriott/ and https://visitanaheim.org/, respectively.
IMPORTANT INFORMATION REGARDING OFFICIAL CLRS HOTEL
The Casualty Actuarial Society is able to conduct high-quality meetings at desirable sites for a reasonable registration fee because a block of hotel rooms is reserved for meeting attendees. In exchange for filling the required number of sleeping rooms, the CAS is permitted to use the hotel’s meeting space at no cost, thus keeping registration fees low. In addition, meeting attendees receive a reduced rate for their sleeping rooms over leisure travelers. We kindly request that all meeting attendees take advantage of the group rate and stay at the official CLRS property: the Anaheim Marriott.
TRANSPORTATION INFORMATION
Anaheim Marriott is accessible from four major airports including the John Wayne Airport, Los Angeles International, Ontario Airport, and Long Beach Airport. Below is the distance, time, and approximate cost of shuttle service and taxicab from each airport (one-way). The hotel does not provide shuttle service but recommends Super Shuttle.
- John Wayne Airport: 14 miles/20 minutes
Super Shuttle: $13; Estimated Taxicab: $45
Los Angeles International: 35 miles/40-60 minutes
Super Shuttle: $17; Estimated Taxicab: $120
Ontario Airport: 36 miles/45-60 minutes
Super Shuttle: $45; Estimated Taxicab: $100
Long Beach Airport: 18 miles/25 minutes
Super Shuttle: $35; Estimated Taxicab: $70
For more details on the variety of Anaheim transportation options, including driving directions to the hotel, please visit: https://www.marriott.com/hotels/maps/travel/laxah-anaheim-marriott/.
WEDNESDAY FEATURED SPEAKER: TODD COHEN, SALES LEADER, LLC
SMASH YOUR SALES STEREOTYPE
The modern professional must be agile, responsive, approachable and knowledgeable. You cannot live in a silo any longer! Today’s adaptable and successful professional expresses their value with every conversation. It’s essential that you can communicate what you do to build relationships and sell yourself with every single conversation you have.
Do people perceive you as part of the organization to the organization? Do you have the robust relationships that allow others to see you as a key to overall success?
In his motivating, informative and humorous keynote, Todd Cohen takes us through the 21 innate human communicating behaviors that we all practice every day, and reveals how these behaviors are natural selling behaviors. When we recognize the power of our engagements, we are more successful, happy and satisfied. Todd shows how you can create and gain value from your unique value proposition.
Biography:
Todd is the principal of Sales Leader LLC and author of two books on sales culture, “Everyone’s in Sales” and “Everyone’s In Sales: Stop Apologizing and Start Selling.” He is a regular contributor to The Huffington Post, the Philadelphia Business Journal, and has written for dozens of trade and association magazines. Todd is a frequent guest lecturer at schools including Drexel University, Peirce College, Pennsylvania State University, St. Joseph’s University and Temple University. From 2010-2012, he served as the Sales Executive in Residence at Temple University Fox School of Business, where he mentored students on entrepreneurship. Todd regularly coaches people in career transition teaching them how to sell themselves to get the position they want.
Prior to launching Sales Leader LLC, Todd coached and led dozens of sales teams to deliver more than $950 million in revenue for leading companies including Xerox, Gartner Group, Thomson-Reuters and LexisNexis. Todd holds a Bachelor’s Degree in Business Administration from the Fox School of Business at Temple University.
THURSDAY FEATURED SPEAKER: TIM EAST, THE WALT DISNEY COMPANY
THE ACTUARIAL VALUE – A RISK MANAGER’S POINT OF VIEW
The Walt Disney Company’s Director of Risk Management, Tim East will provide an insight on his approach to Risk Management and his work with actuaries in the insurance industry. An actuarial analysis can and should deliver more than just projections and a loss pick; the process should be an opportunity for actuarial professionals, risk managers and the end-user’s management team to work together and add value to the organization’s success. To achieve this, all parties must seek to go beyond the analysis alone to understand each other’s business, the sources of valuable information and the underlying drivers of the trends – to add real value to each other’s success.
Biography:
Tim East is Director of Risk Management for The Walt Disney Company and responsible for risk finance, construction insurance and international theme parks. Prior to taking this role in 1996, Tim served in risk management positions at The Disneyland Resort, starting as Supervisor of Safety in 1982 and later as the supervisor of Workers’ Compensation Claims. Tim holds a Master’s in Risk Management/Insurance from Florida State and a BA/Communications from Cal State Fullerton. He also holds Professional Certification in Occupational Safety and Health from UC Irvine and certifications as a California Self-Insured Administrator and the ARM.
Contact Clarisa Figueroa at (703) 276-3100 or cfigueroa@casact.org, for details on becoming an exhibitor and/or sponsor.
DIAMOND PARTNERS
CHARGING STATION SPONSOR, GIVE-AWAY SPONSOR, EXHIBITOR
Milliman is a global consulting firm with extensive expertise in all lines of insurance. We provide clients industry leading reserving, pricing, underwriting, claims, and market analysis using advanced machine learning and predictive modeling methods. Our reserving solutions, Arius and Arius Enterprise, offer some of the industry's most advanced reserving capabilities, combining both stochastic and deterministic tools. They help manage your entire end-to-end reserving process, significantly improving efficiency and reliability. Triangles on Demand gives everyone on your reserving team direct and immediate access to any data they need for analysis, at any level of aggregation or granularity. Our new Claim Variability Guidelines system provides benchmark unpaid claim distributions by line of business and for various sizes of companies, for easy comparison to your own results, and for inclusion within your own analyses.
Additionally Milliman provides a full suite of actuarial and consulting services, including evaluation of loss and expense reserves, funding requirements, risk retention, insurance management and operations, financial analysis, claims and underwriting consulting, and reinsurance expertise.
EXHIBITOR
Ezra Penland Actuarial Recruitment was established by Sally Ezra and Claude Penland, ACAS, MAAA, partners with over 40 years of combined industry experience. With the industry's leading actuarial salary surveys and a rapidly growing actuarial recruiting staff, our goal is to be the top actuarial recruitment firm in the world while serving the long-term needs of clients and actuaries.
Our educated, knowledgeable and highly-trained staff will always exhibit business ethics, integrity, empathy and strong listening skills to help you reach your business goals. Ezra Penland works on both retained and contingent searches at all levels of actuarial analysts, credentialed actuaries and senior roles.
GIVE-AWAY SPONSOR, EXHIBITOR
"It Takes One To Know One...An Actuary Placing Actuaries"
Pryor Associates Executive Search — Named a top recruiting firm by Dun & Bradstreet, Pryor has 40 years of insurance (P&C, Health, Life, Pensions & Investments) experience.
Pauline Reimer, ASA, MAAA, has headed the Actuarial Placement Division since 1986, after working as an actuary in insurance and consulting firms. Proudly the CAS's first Platinum Partner, she is also on the SoA's Entrepreneurial Section Council, the Executive Board of ASNY, and the Advisory Boards of both Columbia University's MS in Actuarial Science program and New York University's BS in Actuarial Science program.
Quoted in periodicals and television, Pauline handles each step of every actuarial assignment personally and no client is ever relegated to just an Assistant. Her impressive placement records of 99% retention rate and 100% success ratio in retained searches confirm her status as one of the most successful actuarial recruiters worldwide.
EXHIBITOR
DW Simpson Global Actuarial & Analytics Recruitment — named by Forbes Magazine as one of the Best Executive Recruiting Firms of 2018 — specializes in the placement of Actuaries and related Analytics professionals. Established in 1989, we work on an international basis and at all levels of experience from Actuarial Student to Fellow. This encompasses actuaries with expertise in Property & Casualty, Life, Health, and Pension, and increasingly, non-traditional areas such as Risk Management, Catastrophe Modeling, Predictive Modeling, Financial Modeling and Data Analytics. We are the largest firm dedicated to placing actuaries and our objective is to be the foremost resource for actuarial talent globally.
Our mission is to be the premier executive recruiting firm specializing in the placement of Actuaries and Analytics professionals; to be recognized for the best service, integrity and forthrightness that the firm brings to each business relationship; and to be willing at all times to sacrifice short-term gain for the long-term good and prosperity of our clients, our candidates and, as a result, our organization as well.
PLATINUM PARTNERS
ROOM KEY SPONSOR, EXHIBITOR
Pinnacle Actuarial Resources, Inc. is an independent, full-service consulting firm that ranks among the largest property/casualty actuarial firms in the United States. Owned by our professional staff, we are large enough to provide a wealth of expertise and world-class solutions, yet small enough to be flexible, timely and cost-effective. We serve a wide range of captive managers, auditors, regulators, traditional insurers, self-insured employers and groups. Our areas of expertise also include predictive analytics, pricing and product management, loss reserving, reinsurance, litigation support and legislative costing. Pinnacle’s Commitment Beyond Numbers philosophy is built on four foundational pillars: expertise, superior communication, empathetic customer service and better business decisions. We are committed to meeting and exceeding your goals, business needs and expectations. Discover more about Pinnacle’s Commitment Beyond Numbers at www.pinnacleactuaries.com.
EXHIBITOR
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at www.willistowerswatson.com
GOLD PARTNERS
GIVE-AWAY SPONSOR, EXHIBITOR
Actuarial Careers, Inc.® is a highly specialized executive recruiting firm exclusively dedicated to the placement and advancement of Chief Actuaries, Fellows, Associates and pre-Associates on a worldwide basis with salaries ranging from $50,000 to $1,000,000.
Our blend of advanced technologies and a unique team approach has made Actuarial Careers, Inc.® the fastest growing recruiting firm exclusively serving the actuarial community. Our dedicated Property & Casualty team is continuously surveying the market for top candidates and exciting new opportunities.
The entire professional staff of Actuarial Careers, Inc.® is committed to providing the finest service in the industry. Our institutional clients include insurance companies, consulting firms, investment banks as well as other sector employers offering traditional and non-traditional employment opportunities for actuaries. Actuarial Careers, Inc.® provides its services on both a contingency and retainer basis.
SILVER PARTNERS
EXHIBITOR, GIVE-AWAY ITEM SPONSOR
Gross Consulting has expertise across a wide range of property-casualty issues including reserving, pricing, capital modeling, reinsurance analysis, catastrophe risk management, predictive modeling, and enterprise risk management and provides consulting services across the industry.
Gross Consulting also offers its Cognalysis Software products, a suite of powerful software solutions for P&C actuaries, including its exciting new product: Cognalysis CLCM™ (Claim Life Cycle Model).
Cognalysis CLCM™ is a one-of-a-kind, revolutionary approach to understanding insurance results like never before. By applying predictive modeling techniques across the full life cycle of each individual claim, and then simulating projected results into the future, Cognalysis CLCM™ provides powerful insight into actuarial reserving, pricing, risk management and more.
INTERACTIVE LIVE STREAM SPONSOR
The Travelers Companies, Inc. (NYSE: TRV) is the second-largest writer of commercial U.S. property casualty insurance, and the third-largest writer of U.S. personal insurance through independent agents. Selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers total assets of approximately $103 billion, shareholders' equity of $25 billion and total revenue of $27 billion, as of December 31, 2015. The company has operations in the United States, Canada, the United Kingdom, Ireland, and Brazil (through a joint venture with J. Malucelli).
Travelers prides itself on offering students and new graduates enriching career opportunities through a variety of internship, development and leadership programs in areas that include actuarial science, finance, human resources, information technology, operations, product management and underwriting. For more information, visit travelers.com/StudentGrads.
THURSDAY LUNCHEON SPONSOR, GIVE-AWAY ITEM SPONSOR
EY is a recognized leader in providing insurance and actuarial advisory services to life, health, property and casualty insurers and reinsurers. Our dedicated team of professionals span many disciplines and offer a well-rounded understanding of business issues and opportunities for our clients. We deliver high quality, multi-disciplinary and creative business solutions to the industry. Learn more at http://www.ey.com/us/actuarial.
ADDITIONAL SPONSORS/EXHIBITORS
EXHIBITOR, RECEPTION SPONSOR, GIVE-AWAY ITEM SPONSOR
The CAS Institute, or iCAS, is a subsidiary of the Casualty Actuarial Society offering new credentials and specialized professional education for quantitative professionals.
iCAS specialty credentials are separate from actuarial credentials and are designed for any professional seeking specialized recognition in quantitative practice areas such as predictive analytics, data science and catastrophe model analytics. Professionals can leverage this recognition in order to enhance their skills, set themselves apart from other professionals, secure additional job duties, attract premium compensation and/or advance their careers.
The first credentials currently being developed and granted by The CAS Institute focus on predictive analytics and data science; additional credentials will follow in other areas of specialization such as catastrophe modeling, capital modeling and quantitative reinsurance analysis. The CAS has partnered with The Institutes, a leading global provider in education, to ensure that the iCAS credentialing process meets the highest standards of excellence in professional education. The CAS Institute began offering its programs in the latter part of 2016.
SEMINAR JOINT-SPONSOR, EXHIBITOR
The American Academy of Actuaries is the national association for actuaries of all actuarial disciplines practicing in the U.S. The Academy has over 19,000+ members supporting our mission to serve the public and the U.S. actuarial profession. For more than 50 years, the Academy has assisted public policy makers on all levels by providing leadership, objective expertise, and actuarial advice on risk and financial security issues. The Academy sets qualification, practice, and professionalism standards for actuaries in the United States.
EXHIBITOR
Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist, has over a 90-year history of providing solutions to the (re)insurance industry. With over 2,300 professionals in more than 50 offices around the world, Guy Carpenter delivers a powerful combination of broking expertise, strategic advisory services and industry-leading analytics to help our clients achieve profitable growth. Guy Carpenter is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients industry-leading advice and solutions in the areas of risk, strategy and human capital.
https://www.casact.org/education/clrs/2018/LOA.pdf
General Session 1: A Taxing Challenge for the Global (Re)Insurance Industry
The new US Tax and Jobs Act could potentially reshape the global (re)insurance marketplace. The speakers will outline the key provisions of the Act and explores the potential impacts for (re)insurers on earnings and the balance sheet, as well as investment and capital management strategies. Speakers from two insurers will share their experiences and the actions they have taken in response to the Act. This includes describing how the Act impacted the company’s expected return, required return, and available capital and required a partnership among actuarial, investments, ERM, and controllership to determine the course moving forward.
Moderator/Speaker:
Christina Gwilliam, Global Product Leader for Reserving, Willis Towers Watson
Speaker:
Terri Dalenta, Grange Mutual Casualty Group
FULL DAY WORKSHOPS
WORKSHOP 1: INTERMEDIATE R
This workshop in intended for individuals that already have a basic familiarity with R. These individuals should already have conducted several data analyses in R. The Workshop Syllabus will include some or all of the following:
- Anonymous functions with *apply or purr::map functions.
- Package development using the roxygen2 package.
- Data access and data munging.
- Reporting via RMarkdown and Sweave.
WORKSHOP 2: TRIANGLES REIMAGINED
Creating alternative case reserves, based on predictive modeling from objective claim characteristics, in order to restate the case-incurred triangle (think Berquist-Sherman, but with a scalpel instead of a chainsaw). Also, the idea of creating a whole new type of detailed reserve: a policy IBNR reserve that reflects anticipated emergence. This policy level reserve, together with paid amounts and alternative case reserves would form the basis for a new triangle, one with considerably little if any development, but based on detailed data leading to the reserve. The advantage of the approach is to avoid issues with changing case reserve adequacy and changes in mix.
WORKSHOP 3: IFRS 17 - THE PREMIUM ALLOCATION APPROACH AND BEYOND - CANCELLED
WORKSHOP 4: EFFECTIVE P&C OPINIONS – THE OPINION WRITERS’ WORKSHOP
Your actuarial opinion and reports are reviewed and analyzed by different stakeholders – including company management, auditors, regulators, court officials and jurors. Each group has different needs for information and you will want to be able to communicate effectively to all.
This workshop will deepen your expertise on the latest requirements for P&C Statements of Actuarial Opinions with a review of actuarial qualification standards, standards of practice and interactive case studies.
In the day-long session, the workshop will offer attendees the opportunity to:
- Gain an understanding of regulatory/company/auditor perspectives and expectations;
- Remain up to date on the latest regulations and standards;
- Delve deeper into subjects such as RMAD, ranges, documentation, data and report writing
- Focus on communicating effectively to various stakeholder groups
WORKSHOP 5: HANDS-ON BAYESIAN RESERVING
A hands-on introduction to using bayesian techniques to build and experiment with reserving models. We will start with an approachable introduction to Bayesian inference. Then, by using Stan (http://mc-stan.org open source bayesian estimation and simulation software) we can build reserving models almost as easy as just stating our assumptions and letting the simulation work out the math. The focus will be less on the mathematics and more on the assumptions related to the reserving data.
HALF-DAY WORKSHOPS
WORKSHOP 6: CAPTIVE INSURANCE BOOT CAMP – BASIC (HALF-DAY AM)
Captive insurance mechanisms are flourishing. This workshop will cover some of the basic elements actuaries have to deal with while working with or on captives. Special focus will be given to captive types and structures, typical coverages, types of service providers, benefits of captives, domicile considerations, captive applications and pro formas.
Attendees will need to bring a laptop with Microsoft Excel loaded.
WORKSHOP 7: CAPTIVE INSURANCE BOOT CAMP – ADVANCED (HALF-DAY PM)
Captive insurance mechanisms are flourishing. This half day workshop will cover advanced captive topics, including funding approaches (experience vs. exposure rating), tax considerations, issues related to benchmarks, risk transfer and risk distribution issues, and pricing unique coverages.
Attendees will need to bring a laptop with Microsoft Excel loaded.
WORKSHOP 8: THE PROFOUND POWER OF PRESENCE: HOW TO COMMUNICATE YOUR VALUE AND PURPOSE (HALF-DAY PM)
The Profound Power of Presence Workshop Preview
In this hands-on, interactive and practical workshop, each participant will learn exciting and immediately useful techniques to communicate personal and professional value!
Part One: Communicating Value and Purpose
In today’s new world, your title doesn’t matter anymore. All of your degrees and certifications are no longer the best sales tool you have. The number one job for any business professional is to help people understand what they do and how they bring value. It is mandatory that you build relationships and sell yourself with every single conversation you have.
The modern business professional’s communication key to success is to engage people in a way that gets them to want to learn more about you. Knowing your value proposition ensures that colleagues and clients understand what you do and how you do it.
Part Two: Power of Presence
Your ability to demonstrate your presence is your silent selling tool. Presence is often underestimated, and not understood and respected for its immense power. Your presence creates an indelible impression on others and profoundly influences their very desire to engage, work with you, and buy into/from you. If you can establish presence, people will want to work with you and be your customer. It’s that simple. Presence is much more than being physically present. It means how you present yourself in every situation you are in. It’s how you decide HOW you want people to see you and if you want them to respect you. It’s how you show up and engage people. Presence is how people perceive you as being interested and in the game.
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WEDNESDAY, SEPTEMBER 5, 2018 |
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7:00 a.m. – 1:30 p.m. |
Workshop Registration |
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7:00 a.m. – 8:00 a.m. |
Workshop Breakfast |
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8:00 a.m. – 4:00 p.m. |
Workshops 1-5 |
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8:00 a.m. – 11:30 a.m. |
Workshops 6 |
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9:30 a.m. – 10:00 a.m. |
Workshop Break |
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11:30 p.m. – 12:30 p.m. |
Workshop Luncheon |
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12:30 p.m. – 4:00 p.m. |
Workshops 7 & 8 |
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2:00 p.m. – 2:30 p.m. |
Workshop Break |
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2:30 p.m. – 7:00 p.m. |
Seminar Registration |
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4:15 p.m. – 5:30 p.m. |
Opening Session/Featured Speaker: Todd Cohen Sales Leader, LLC |
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5:30 p.m. – 7:00 p.m. |
Seminar Reception |
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THURSDAY, SEPTEMBER 6, 2018 |
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7:00 a.m. – 6:00 p.m. |
Registration |
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7:00 a.m. – 8:00 a.m. |
Breakfast w/Exhibits |
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7:00 a.m. – 7:45 a.m. |
Roundtable Discussions |
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8:00 a.m. – 9:30 a.m. |
Business Session & Featured Speaker: Tim East, Walt Disney Company |
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8:15 a.m. – 3:45 p.m. |
Student Program |
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9:30 a.m. – 10:00 a.m. |
Refreshment Break w/Exhibits |
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10:00 a.m. – 11:15 a.m. |
Concurrent Sessions 1 |
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11:15 a.m. – 11:30 a.m. |
Transition Break |
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11:30 a.m. – 12:45 p.m. |
Concurrent Sessions 2 |
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12:45 p.m. – 1:45 p.m. |
Luncheon |
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1:45 p.m. – 3:00 p.m. |
Concurrent Sessions 3 |
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3:00 p.m. – 3:30 p.m. |
Refreshment Break w/Exhibits |
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3:30 p.m. – 4:45 p.m. |
Concurrent Session 4 |
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5:00 p.m. – 6:00 p.m. |
Reception |
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FRIDAY, SEPTEMBER 7, 2018 |
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7:00 a.m. – 2:00 p.m. |
Registration |
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7:00 a.m. – 8:00 a.m. |
Breakfast w/Exhibits |
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7:00 a.m. – 7:45 a.m. |
Roundtable Discussions |
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8:00 a.m. – 9:15 a.m. |
Concurrent Sessions 5 |
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9:15 a.m. – 9:45 a.m. |
Refreshment Break w/Exhibits |
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9:45 a.m. – 11:00 a.m. |
Concurrent Sessions 6 |
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11:00 a.m. – 11:15 a.m. |
Transition Break |
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11:15 a.m. – 12:30 p.m. |
Concurrent Sessions 7 |
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12:30 p.m. – 1:15 p.m. |
Box Lunch |
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1:15 p.m. – 2:30 p.m. |
General Session/ Closing |
