In this podcast, staff actuary Kristi Bohn holds a roundtable discussion about annuities with John Adduci from Polysystems and Nate Wilbanks from Nationwide Financial. This discussion was recorded at the SOA’s 2013 Annual Meeting.

 

Direct download: Product_Development_Section__Annuities.mp3
Category:Product Development -- posted at: 10:16am CDT

Listen in as Geoff Hileman reads from What is Available in 2014 for 2015 Individual Health Insurance Rate Filings?, an article from  the October 2013 issue of Health Watch.

 


Listen to this excerpt from The Street’s and Rating Agency’s View of the Life Insurance Industry presentation at the 2013 Life & Annuity Symposium. How well is our industry competing against other industries for capital? What are the key trends seen impacting our industry? Capital or debt markets: Which will bear more fruit? What are the macroeconomic trends that will drive our fate in the future? Both Canadian and U.S. perspectives will be covered. This is part 1 of a 2 part series.


Listen to this excerpt from the Impact of the Low Interest Rate Environment on Life Insurers presentation at the 2013 Life and Annuity Symposium. The panel was moderated by Richard Pretty and features Joe Dziwura and Winter Liu. During this discussion they consider the possible paths of future interest rates and examine the implications of current low interest rates on the life insurance industry. 


Listen in as Mischelle Schweickert reads from Using a Global Budget with Risk Sharing to Drive Cost Savings and Improved Quality from the May 2013 issue of Health Watch.


Listen to the fourth and final podcast which includes excerpts from a presentation at the 2012 SOA Annual Meeting by Stephen (Steve) Goss, the Chief Actuary of the Social Security Administration, and Frank Todisco, the Chief Actuary of the Government Accountability Office. In this fourth and final segment, Frank reviews arguments that have been put forth both for and against raising the full retirement age for Social Security benefits.


Listen to the third of four podcasts which includes excerpts from a presentation at the 2012 SOA Annual Meeting by Stephen (Steve) Goss, the Chief Actuary of the Social Security Administration, and Frank Todisco, the Chief Actuary of the Government Accountability Office. In this third segment Steve reviews the potential impact of a number of proposals that could be part of fixing Social Security.


Listen to the second of four podcasts which includes excerpts from a presentation at the 2012 SOA Annual Meeting by Stephen (Steve) Goss, the Chief Actuary of the Social Security Administration, and Frank Todisco, the Chief Actuary of the Government Accountability Office. In this second segment Frank describes the role of the GAO relative to Social Security, and then explains the nature and purpose of the Social Security trust funds.


Listen in as Mischelle Schweikert reads from Payment Reform: A Medicaid Overview, an article from the May 2013 issue of Health Watch.

Direct download: Health_Section__Payment_Reform-A_Medicaid_Overview.mp3
Category:Health -- posted at: 3:16pm CDT

Listen in to this podcast which includes excerpts from a presentation at the 2012 SOA Annual Meeting by Stephen (Steve) Goss, the Chief Actuary of the Social Security Administration, and Frank Todisco, the Chief Actuary of the Government Accountability Office. In this presentation, Steve and Frank review the actuarial status of the Social Security program, some of the reasons changes will be required, and the expected impact of various potential changes that could be made. This is the first of three episodes from this presentation.


2012-2013 Priority Guidance Plan - What's In it for Life Insurance Companies:  from the May 2013 Taxing Times, this article looks at the issues that the IRS plans to address in the coming year, focusing on those that affect the Life Insurance Industry.  The article was written by Susan J. Hotine and is read by Dan Theodore.

Direct download: 2012-13PriorityGuidancePlanMay2013PodcastA.mp3
Category:Taxation -- posted at: 1:48pm CDT

From the May 2013 issue of Taxing Times, authors By Walter Welsh, Mandana Parsazad and Pete Bautz present  “ACLI UPDATE - DEFICIENCY RESERVE GUIDANCE”, read by Dan Theodore.

Direct download: ACLI_Update_May2013_Podcast.mp3
Category:Taxation -- posted at: 10:37am CDT

Listen to the third and final episode to feature excerpts from a presentation at the 2012 SOA Annual Meeting by Don Fuerst, Senior Pension Fellow of the American Academy of Actuaries. In his presentation, Mr. Fuerst discusses the history and structure of Pension Benefit Guaranty Corporation (PBGC) premiums and the potential application of insurance principles to future reforms of the system. This episode explores potential approaches for funding (or not funding) the PBGC’s legacy costs.

Direct download: Pension_Section_Pension_Benefit_Guaranty_Corporation_Episode_3.mp3
Category:Pension -- posted at: 1:36pm CDT

Listen to this second episode of three from the 2012 SOA Annual Meeting featuring an excerpt from a presentation by Don Fuerst. This episode further examines the application of insurance principles to PBGC premiums and the distinction between going-forward costs and legacy costs.

Direct download: Pension_Section_Pension_Benefit_Guaranty_Corporation_Episode_2.mp3
Category:Pension -- posted at: 10:34am CDT

Listen in to this excerpt from a presentation at the 2012 SOA Annual Meeting by Don Fuerst. In this first of three episodes from the presentation Don provides an overview of the role of the PBGC and its sources of revenue, and discusses the history and sustainability of the PBGC’s premium structure. He also introduces an Academy issue brief that examines the PBGC’s premium structure using insurance principles.

Direct download: Pension_Section_Pension_Benefit_Guaranty_Corporation_Episode_1.mp3
Category:Pension -- posted at: 9:24am CDT

Listen in as Chris Lombardi and Peter Cohen discuss the Affordable Care Act. They will discuss the need for healthcare reform, some of the changes and how it affects actuaries.

Direct download: AOF_ACA.mp3
Category:Actuary of the Future -- posted at: 9:28am CDT

In this podcast, Dan Theodore reads from the article by John T. Adney and Craig R. Springfield entitled “The Perils of Reducing Death Benefits: Private Letter Ruling 201230009” that appears the February 2013 issue of Taxing Times.

Direct download: Taxation_PerilsofReducingDB_FINAL.mp3
Category:Taxation -- posted at: 2:51pm CDT

In this episode, Dan Theodore reads from “CIGNA Update – Much Ado About Nothing” by Peter H. Winslow. This article appears in an issue of Taxing Times.

Direct download: SOAPodcastCIGNAUpdateFINAL.mp3
Category:Taxation -- posted at: 9:21am CDT

In this episode Rob Frasca and Henry Siegel continue their discussion of the insurance contracts projects for the Financial Accounting Standards Board and the International Accounting Standards Board. Topics include unbundling, future premiums, participating contracts, reinsurance, short duration contracts, presentation and disclosures.

Direct download: Financial_Reporting_Podcast_03-FINAL.mp3
Category:Financial Reporting -- posted at: 10:05am CDT

Listen in as Andy Peterson and Joe Silvestri have an in-depth discussion of Joe's most recent report, "Observations on Input and Output Smoothing Methods: How Do They Affect Defined Benefit Plans."

Direct download: Input_and_Output_Smoothing-FINAL.mp3
Category:Pension -- posted at: 9:41am CDT

Listen in as Abby Conrad has a discussion with Ben Wadsley about the classic book How to Win Friends and Influence People by Dale Carnegie. They will discuss how this book, while not an obvious choice for actuaries, has several great communication ideas for your career.

Direct download: AoF_Podcast-Book_Review_on_How_Make_Friends-FINAL.mp3
Category:Actuary of the Future -- posted at: 10:54am CDT

In this podcast, Andy Peterson discusses a research project on pensions with its author, Tim Leier. They’ll discuss a matrix of methods and assumptions used to value pension plans in Canada and the U.S., which is meant to be a broad-based reference for clients or students. It includes mutual guidance and standards of practice and can be thought of as an appendix of available guidance.

Direct download: Research_on_Pensions-FINAL.mp3
Category:Pension -- posted at: 2:55pm CDT

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