Session: PBR Implementation
Speakers: Tim Cardinal, FSA, MAAA, CERA and He Jiang

The Valuation Manual operative date is on track for 1/1/2017 for statutory reporting requirements. This session will present

-What’s new on Valuation Manual issues;
-Implications of implementing VM-20 including advice from the PBA Implementation Guide and Sequel; and
-Selected lesson excerpts from the online PBA Training Course

The session then opens the floor to questions and a discussion of issues important to you.

Tim Cardinal is a Principal at Actuarial Compass providing actuarial and reinsurance consulting services as well as educational and training services. Actuarial Compass published two SOA-commissioned white papers – Life Reinsurance Treaty Construction and the PBA Implementation Guide. Tim was a 2014 SOA Volunteer of the Year recipient. He is a Council member of the SmallCo and Modeling Sections, co-editor of the Modeling Platform, Project Oversight Group Chair of the LIMRA and SOA VAGLB Utilization Study, and is past chair of the advanced Corporate Finance and ERM Exam and a current curriculum committee member.

He Jiang is a master student majoring in actuarial science at the University of Illinois at Urbana-Champaign. Prior to beginning the graduate program, she received her Bachelor’s degree in statistics from Nanjing Normal University, China and worked as a data analyst for People’s Insurance Company of China. Her undergraduate thesis focused on risk measurement and management in securities market. Her current work focuses on occupation time in a renewal risk model. She is also assisting in part of the VM-20 research under the supervision of Tim Cardinal.