The Enterprise Risk Management Symposium offers a number of general and concurrent sessions of interest to health actuaries. In addition, a special concurrent session will explore the differences in the current state of development of risk management topics for the health insurance industry and the unique solutions health insurance may require.


1:30 P.M. - 2:45 P.M.
G1: Chief Risk Officers Roundtable

For those interested in the role played by Chief Risk Officer or currently employed in such positions.

3:00 P.M. - 4:15 P.M.
CS-4 Outside Perspective of ERM Form Regulators, Rating Agencies, and Analysts

Assessment of enterprise risks for the industry and the extent to which ERM structures aids in their evaluation of a company.

4:30 P.M. - 5:45 P.M.
CS-2 Value Of ERM

Case studies of ERM in practice.


8:00 A.M.-12:15 P.M.
Special Concurrent Session for Health Actuaries

  • Health Entity Risks
    • Differences from Life and P&C
    • Pricing and Trends
    • Operational Risks (Including Provider Network Risk)
  • Risk Management Background and Definitions
    • Current state: What tools are being applied in Life and P&C Companies? What tools are relevant to health carriers?
    • Differences by industry sector
  • Capital Management
    • Capital requirements: regulatory and beyond
    • Capital allocation for health entities
  • Modeling
    • Financial management and budgeting models
    • Dynamic and stochastic models
    • Integration of budgets and modeling
  • Financial Reporting
    • Different audiences: regulators, analysts, shareholders
    • Actuarial memorandums
    • Asset adequacy analysis
    • Short- vs. long-term perspectives
  • Discussion Forum
    • What is the current state of ERM for health carriers?
    • What models are being used?
    • What are the unique issues faced by health carriers?
    • Developing a consistent dialogue with the rest of the industry

1:15 P.M. -2:30 P.M.
CS-6 Sarbanes-Oxley

Discussion of the impact of corporate governance reforms on how companies do business

2:45 P.M. - 4:00 P.M.
CS-23 Integrated Health Benefits- An ERM Perspective

Discussion of the concept of integrated benefits, the tools available to manage an integrated benefits program, and the implications for reducing enterprise risk and overall benefit costs.

4:15 P.M. - 5:30 P.M.
G2: Ask the Experts

General questions and answer session offering a wrap-up to the Symposium

Panelists/facilitators for the special concurrent session for health actuaries include:

  • Jim Drennan, Principal, Reden & Anders, Ltd.

  • Darrell Knapp, Partner, Ernst & Young LLP

  • John Lloyd, Senior Manager, Ernst & Young, LLP

  • John Stark, Director and Actuary, Anthem Blue Cross and Blue Shield