09Jul2012
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SOA Blog
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Life
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2012 Valuation Actuary Symposium—Make the Most of Your Time

by Craig Reynolds, 2012 Valuation Actuary Symposium Chairperson

Now more than ever, actuaries are faced with pressures to do more, do it faster and do it with less staff.  Why run seven scenarios, when you can run 1000?  Why report on one basis, when you can do three or four?  Why unlock your assumptions annually, when you can do it quarterly?  Why come up with a new product every year, when you can do it once a quarter?

Does this sound familiar to you?  If so, the 2012 Valuation Actuary Symposium may be the program for you.  In recognition of the many constraints on your time, we have created an intense program with 58 sessions spread over two days.  You can get up to 15 hours of relevant organized continuing education in just two days!

We have strived to create a meeting that strikes a good balance between variety and the depth that you have come to expect at the ValAct Symposium.  We will have numerous sessions on each of the following topics:

  • Asset-Liability Management
  • Appointed Actuary issues
  • Assumption setting
  • GAAP and IFRS
  • MCEV
  • Principle Based Approach
  • Professionalism

In addition, every time slot will include a session devoted to a health topic.

There should be something for everyone, including what is bound to be a memorable and timely luncheon presentation by Jonah Lehrer, author of the book, How We Decide.  As actuaries, most of us make key decisions every day in financial reporting, product design or risk management.  Those of us who are citizens will face important decisions in the voting booth in November.  Lehrer will help us to understand the factors that influence our decisions and perhaps make us better decision-makers.

In response to your requests, we are pleased to offer complimentary wireless internet access to all Valuation Actuary Symposium attendees. This additional meeting benefit will allow you to access all meeting information while on site, as well as make it easier to stay in touch with your office while traveling, and to get more information on the sessions and speakers from the new mobile device (e.g., Android, BlackBerry, iPhone and iPad) meeting app.

There will be a networking receptionon Monday from 5:30-7:00 p.m.—an excellent opportunity to reconnect with old friends and make some new ones. I hope to see all of you in Los Angeles.  Please look for me, and come tell me what you think of the meeting.  We always value feedback, as we constantly strive to make the meeting the best one that the SOA offers.  Be careful, though, if you have too many good ideas, we may lean on you to serve on the planning committee next year!

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