2022 CAS Virtual Trunk Show

Event Details

-
9:30 AM – 4:30 PM ET.

Web

About This Event

Join some of our most popular sessions from 2021 and get organized CE!

The CAS has organized a virtual event on April 6, 2022 from 9:30 AM – 4:30 PM ET. This virtual seminar features four sessions, as well as the opportunity for live video discussion with other attendees on the conference platform.

Event Information

Casualty Actuarial Society’s Envisioned Future (from the CAS Strategic Plan)

The CAS will be recognized globally as the premier organization in advancing the practice and application of casualty actuarial science and educating professionals in general insurance, including property-casualty and similar risk exposure.

Continuing Education Credits

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 may 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 6* CE credits for CAS members. 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.

*Note: 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.

Contact Information

For more information on the Virtual Trunk Show content, please contact Nora Potter at npotter@casact.org

For more information on attendee registration, please email acs@casact.org

For more information on the Virtual Trunk Show other than registration or content issues, please email meetings@casact.org

For more information on other CAS opportunities or administrative policies such as complaints and refunds, please contact the CAS Office at (703) 276-3100 or visit the CAS website.

Registration Information

Registration Fees

 

EARLY REG. FEE ON/BEFORE March 18

LATE REG. FEE AFTER March 18

Individual, Member

$200

$300

Individual, Non-Member

$300

$400

Registration Deadline

Please note that registration for the event will close on April 1, 2022, at 11:59 PM ET.

Cancelations/Refunds

Registration fees will be refunded for cancellations received in writing at the CAS Office via email, refund@casact.org, March 30, 2022, less a $100 processing fee.

Technical Specifications

Much of this event will be held on Microsoft Teams. For the best experience it is recommended that attendees download the Teams desktop app. Attendees may also use the web version of Teams through the following compatible browsers: Chrome, Safari, Firefox, and Microsoft Edge. Teams is not supported in Internet Explorer 11 or Opera.

Group Registration

If you are interested in registering six (or more) of your employees for the 2022 Virtual Trunk Show, we have discount pricing as listed below! Please note that the only discount will be for the full event and will apply to both CAS members and non-members.

Reg Types

Normal Price

Discounted Price

6 Bulk - (6 for the price of 5)

$1,200

$1,000

Once a bulk registration is purchased, the purchaser will be emailed a discount code unique to their organization. This discount code will allow the organization’s employees (in increments of six) to self-register for the CAS Virtual Trunk Show for free. Specific registration details will be provided with the discount code.

Note: Bulk registration will close on Friday, March 25, 2022, to allow time for all registration to be processed prior to the vendor deadline.

Instructions

For the employer to obtain this code, they will need to:

  1. Login to CAS Store.
  2. One representative from an organization registers for the quantity of bulk registrations (in multitudes of 6), add to cart, and complete the purchase.
  3. The representative will receive an email from the CAS with the discount code to distribute to the correlated number of employees. For example, if purchasing a bulk of 6, you will distribute the code to 6 employees.

Once an employer has the code and distributes it to the appropriate number of employees, individual employees should:

  1. Login to CAS Store to register for the 2022 Virtual Trunk Show
  2. Add “Full Event Individual Registration” to the cart, regardless of price shown.
  3. Apply the discount code. This will give them a zero-balance fee.
  4. Click "Next” until they ‘Submit Order’ and receive a confirmation email.
  5. A confirmation email will be issued upon completion of registration. Another email will follow closer to the event date that will include login instructions.

Individuals may find this sample registration video helpful: https://www.pathlms.com/cas/courses/10996/video_presentations/127432

Technical Specifications

Much of this event will be held on Microsoft Teams. For the best experience it is recommended that attendees download the Teams desktop app. Attendees may also use the web version of Teams through the following compatible browsers: Chrome, Safari, Firefox, and Microsoft Edge. Teams is not supported in Internet Explorer 11 or Opera.

Sessions

10:00 - 11:15 AM ET

Reserving for Loyalty Programs

Loyalty Programs issue points or miles to members, rewarding them for being loyal to their Hotel Brands and Airlines. These points/miles serve as a currency and represent an obligation to the programs that need to cover the cost of a potential award stay or flight into the future. Estimating future redemption rates is a non-trivial exercise; for programs that do not have expiration rules, members can redeem today points/miles that were earned 20+ years ago. For actuarial models to accurately estimate the liability associated with Loyalty programs they need to properly reflect changes in members’ redemption behavior over time, in light of programs evolution and rapidly changing external economic conditions. Our session will describe at a high level the structure of Loyalty programs, and present different models that can be used to assess these estimates, from simple to complex.

Speakers:

  • Manolis Bardis, Willis Towers Watson
  • Alex Turrell, Willis Towers Watson

11:30 AM - 12:45 PM ET

Trends in Reserving Methodologies in the Sharing Economy

Intro to reserving challenges in the sharing economy, including individual claim reserving for a delivery company.

Speakers:

  • Francois Morrissette, S&F Actuarial Consultants
  • Jess Zhu, Lyft
  • Katrina Jennings, Litany Consulting

1:45 - 3:00 PM ET

New 2022 U.S. Qualification Standards for Practicing Actuaries

All Actuaries practicing in the United States are subject to the American Academy of Actuaries Qualification Standards (USQS). Join members of the Professionalism Education Working Group to learn the requirements actuaries must meet for Basic Education, Experience, and Continuing Education. This webinar will focus will on changes to the USQS requirements that are effective January 1, 2022.

Speakers:

  • John Gleba, Madison Consulting Group
  • Pat Teufel, University of Connecticut

3:15 - 4:30 PM ET

COVID: Lies, Damned Lies and Statistics

The COVID-19 pandemic has produced a wealth of statistics, modeling, and data. Social media has amplified this information and discouraged people from finding common ground.

  • The first presentation will show the “excess” U.S. deaths in 2020 and 2021. This session will show how extraordinary these figures are, how they vary by state, how they compare to other countries and, of course, the impact of COVID-19 on these statistics. Reported deaths for the first part of 2022 are examined and forecast to year-end using traditional casualty actuarial methods.
  • The next presentation will highlight the findings of the “COVID Mitigation Monitoring Project”. This project surveyed people to identify the degree to which people are actually practicing mitigation strategies and the impacts of these. This will be followed by a highly interactive session which will allow audience participation by discussing the following: 1. Relative Risk 2. COVID-19 modeling 3. Vaccination rates, efficiency, and hesitancy 4. What could have we done differently?

Speakers:

  • Guy Avagliano, Milliman
  • Daniel Ingram, American Airlines
Schedule

All times are EASTERN time.

Wednesday, April 6

Time

30-minute Coffee Chat

9:30 - 10:00 AM ET

Reserving for Loyalty Programs

10:00 - 11:15 AM ET

Trends in Reserving Methodologies in the Sharing Economy

11:30 AM - 12:45 PM ET

30-minute Lunch Chat

12:45 PM - 1:15 PM ET

30-minute Lunch Chat

1:15 PM - 1:45 PM ET

Professionalism Session

1:45 - 3:00 PM ET

COVID: Lies, Damned Lies and Statistics

3:15 - 4:30 PM ET

Sessions

10:00 - 11:15 AM ET

Reserving for Loyalty Programs

Loyalty Programs issue points or miles to members, rewarding them for being loyal to their Hotel Brands and Airlines. These points/miles serve as a currency and represent an obligation to the programs that need to cover the cost of a potential award stay or flight into the future. Estimating future redemption rates is a non-trivial exercise; for programs that do not have expiration rules, members can redeem today points/miles that were earned 20+ years ago. For actuarial models to accurately estimate the liability associated with Loyalty programs they need to properly reflect changes in members’ redemption behavior over time, in light of programs evolution and rapidly changing external economic conditions. Our session will describe at a high level the structure of Loyalty programs, and present different models that can be used to assess these estimates, from simple to complex.

Speakers:

  • Manolis Bardis, Willis Towers Watson
  • Alex Turrell, Willis Towers Watson

11:30 AM - 12:45 PM ET

Trends in Reserving Methodologies in the Sharing Economy

Intro to reserving challenges in the sharing economy, including individual claim reserving for a delivery company.

Speakers:

  • Francois Morrissette, S&F Actuarial Consultants
  • Jess Zhu, Lyft
  • Katrina Jennings, Litany Consulting

1:45 - 3:00 PM ET

New 2022 U.S. Qualification Standards for Practicing Actuaries

All Actuaries practicing in the United States are subject to the American Academy of Actuaries Qualification Standards (USQS). Join members of the Professionalism Education Working Group to learn the requirements actuaries must meet for Basic Education, Experience, and Continuing Education. This webinar will focus will on changes to the USQS requirements that are effective January 1, 2022.

Speakers:

  • John Gleba, Madison Consulting Group
  • Pat Teufel, University of Connecticut

3:15 - 4:30 PM ET

COVID: Lies, Damned Lies and Statistics

The COVID-19 pandemic has produced a wealth of statistics, modeling, and data. Social media has amplified this information and discouraged people from finding common ground.

  • The first presentation will show the “excess” U.S. deaths in 2020 and 2021. This session will show how extraordinary these figures are, how they vary by state, how they compare to other countries and, of course, the impact of COVID-19 on these statistics. Reported deaths for the first part of 2022 are examined and forecast to year-end using traditional casualty actuarial methods.
  • The next presentation will highlight the findings of the “COVID Mitigation Monitoring Project”. This project surveyed people to identify the degree to which people are actually practicing mitigation strategies and the impacts of these. This will be followed by a highly interactive session which will allow audience participation by discussing the following: 1. Relative Risk 2. COVID-19 modeling 3. Vaccination rates, efficiency, and hesitancy 4. What could have we done differently?

Speakers:

  • Guy Avagliano, Milliman
  • Daniel Ingram, American Airlines
Schedule

All times are EASTERN time.

Wednesday, April 6

Time

30-minute Coffee Chat

9:30 - 10:00 AM ET

Reserving for Loyalty Programs

10:00 - 11:15 AM ET

Trends in Reserving Methodologies in the Sharing Economy

11:30 AM - 12:45 PM ET

30-minute Lunch Chat

12:45 PM - 1:15 PM ET

30-minute Lunch Chat

1:15 PM - 1:45 PM ET

Professionalism Session

1:45 - 3:00 PM ET

COVID: Lies, Damned Lies and Statistics

3:15 - 4:30 PM ET