Registration for Roundtables is available through the CAS Online store.
Take advantage of this opportunity to discuss a real-world challenge and earn CE credits. Space is limited. First-come, first-served.
This is only available to Annual Meeting registrants.
R-1: Town Hall with CAS Leadership (No max)
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Beekman
Come hear the most recent CAS news and ask questions of the CAS leadership.
Wayne Fisher, Former Group CRO of Zurich Financial Services and President of the CAS and other CAS leaders
R-2: Usage-Based Auto Insurance — Truth or Consequences?
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Morgan
In this roundtable, we discuss two sets of considerations with respect to usage-based auto insurance programs. First we consider the extent to which today’s technology and economics enable “truths” to be derived from telematics data, and various approaches to evaluating confidence in predictions. Second we evaluate potential “consequences” of different data strategies and implementations, for example, predictive benefits potentially foregone with lower levels of telematics data collection.
Jim Weiss, Manager and Assistant Actuary, ISO
R-3: Credibility – Challenges for the Next 100 Years
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Clinton
For a hundred years, property and casualty actuaries have made great strides developing the concept of credibility and applying it to a host of problems, most notably in class ratemaking and individual risk rating. What are the challenges for the next hundred years?
- Will new predictive modeling techniques make credibility obsolete?
- What are the ways credibility will be extended to reserving?
- How should we extend credibility to projecting loss costs on a portfolio where we have removed all the classes we no longer write, usually the ones that had poor experience.
Participants will be encouraged to share their own experiences and ideas for the future in what promises to be a lively roundtable.
Ira Robbin, Specialty Tower Reserving Actuary, AIG
R-4: Working in International Reinsurance
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Madison
As the insurance business has become more global, US actuaries have had a greater opportunity to work on international US business. They have also been forced to reconcile their work with the approach of non-US actuaries, underwriters, regulators, and other professionals. This roundtable will give participants the opportunity to share their experiences with regard to issues such as the following: Cultural differences that US actuaries face when working abroad, reconciling US and international actuarial approaches, dealing with the lack of industry data and benchmarks outside the US, and other challenges, including Solvency II and difficult exposure such as UK motor.
Jeffrey Dollinger, SVP and Chief Reserving Actuary, Endurance Services Ltd
Matthew Dobrin, Senior Vice President and Global Property Analytics Leader, Marsh Inc.
R-5: Owning Your View of Catastrophe Risk
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Regent
In catastrophe risk management the new buzz phrase is “own your view of risk”. Even though there are significant differences between the new platforms—RMS(one), Touchstone, Oasis, RiskInsight—all claim to make it easier for you to customize the catastrophe model assumptions so you own the risk because insurers and reinsurers are expected to take more control over their risk management decisions. This roundtable will build on the discussion from the session “Using Open Source and Open Platforms to Build Your Company’s Own View of Catastrophe Risk”. Participants will be invited to share their thoughts, challenges, and successes in building a proprietary view of risk that differs from the vendor models.
Karen Clark, President & CEO, Karen Clark & Company
R-6: Advancing Your Actuarial Career through the CAS: The New Associate Perspective (Max: 100)
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Sutton North
New Associates are invited to participate in this roundtable discussion about their decision to pursue a career as a casualty actuary through the CAS. As the CAS pursues an aggressive marketing strategy to attract students to the CAS career path, the input of new Associates is invaluable. Building on the State of the CAS discussion during the opening general session, we will invite new Associates to share their perspectives regarding how the CAS can position itself as the best career path for aspiring actuaries. In addition, we will discuss how the CAS can improve its connection to candidates sitting for exams and better engage new members in the CAS membership community. This roundtable is limited to new Associates only.
Shane Barnes, Director of Applied Research, The Hartford
Matt Caruso, Membership & Volunteer Manager, CAS
R-7: Demographic Trends
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Sutton Center
Opportunity to dig deeper into some of the implications of changing demographics and how companies and society may be addressing some of those changes:
- Company responses to changing demographics: considerations in planning– how much is being done, does it get into overall ERM considerations (ORSA)– scenarios, stochastic considerations in underlying business modelling?
- Beyond demographic trends: Opportunities with data and analytics to explore segments and micro-segments, including both objective and behavioral criteria– does credit (or other behavior markers) trump all?
- Given reports of the FIO and rating considerations in Healthcare, what are implications of regulation and the conflict between actuarial pricing of risks and fairness and affordability considerations?
- Discuss potential for new competition entering the market by exploiting communication and buying preferences of (youthful) markets?
- Some opportunity to discuss demographic implications in commercial lines.
Stephan Christiansen, Managing Director-Insurance Research, Conning
Rick Marchetti, Director, The Hartford Financial Services Group
R-8: Price Optimization in Today’s Market
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Sutton South
In recent years, insurance companies in North America have increasingly recognized the need to advance their pricing sophistication in response to new market realities. For those interested in or already implementing price optimization, there are a number of key challenges to address that will help improve your results along the way. During this session, we’ll identify today’s biggest potential hurdles – such as data availability, model sophistication, strict pricing rules/rating structures, organizational & time-to-market issues, and measuring impact of pricing decisions – and together discuss viable solutions. Join us in sharing your experiences, ideas and best practices around price optimization.
Reuven Shnaps, Vice President of Professional Services, Earnix
R-9: Using Reserve Variability in Practice: To Bother or Not to Bother?
Tuesday, November 11th, 3:00 p.m. – 4:00 p.m., Gibson
To bother or not to bother, that is the question – Whether ‘tis nobler in the deterministic methods to suffer the Slings and Arrows of insurance fortune? Or to take up stochastic models against a Sea of troubles. And by understanding, end them? Whichever path you have chosen, gather to have an interactive discussion with other practitioners about the usefulness or uselessness of quantifying reserve variability. Will you bother or not bother to attend?
Mark Shapland, Consulting Actuary, Milliman, Inc.