SEAC Program - Actuary.com

Models for every occasion
• Using one actuarial model for multiple purposes (pricing, cash flow testing,
DAC unlocking, corporate projections, etc.)
• Integration considerations
• Controlling the integrity of the models
• Calibrating the models
3:00 p.m.–3:30 p.m. Break
‣ Rebecca B. Scotchie, FSA, MAAA
Consulting Actuary
Tillinghast Business of Towers Perrin
Consumer Driven Health Plans
Consumer-centric healthcare is growing up. Experience from the early adopters
of consumer-centric plans has formed the basis for improved versions, creative
new ideas, and exciting product designs. Second generation products are now
available to employers with more improvements rapidly on their way. Greater
awareness in the market and a growing number of believers are building a
reservoir of thoughtful and creative new solutions to old problems. National and
regional payors have invested millions in new systems and product
development. Second, third and even fourth generation products are being
developed and envisioned as the transformation of employer based health and
healthcare is now well underway. Tax advantaged Health Savings Account and
Health Reimbursement Arrangements have been added to the legal and
regulatory landscape. The transformation of health and healthcare will
dramatically change the way health and healthcare is purchased.
‣ Ronald E. Bachman, FSA, MAAA
Partner, Health Care
PricewaterhouseCoopers LLP
3:30 p.m.–5:00 p.m. Concurrent Session – Life Insurance
Return of Premium Term Products
• Design features
• Sales trends
• Regulatory issues
• Pricing challenges
‣ Dominique Lebel, FSA, FCIA, MAAA
Consulting Actuary
Tillinghast Business of Towers Perrin
Update on Interest Sensitive Life Products
• What’s new with UL – both fixed and flexible premium
• Secondary Guarantees
• Lapse/Mortality Experience
• Effect of low interest rates
• Complying with SOP 03-01
‣ Rod E. Rishel, FSA, MAAA
Universal Life Business Leader
Genworth Financial
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