Excuse Me, But Do you Speak Actuary?

Overview

This will be an interactive discussion of the importance of ASOP 41 given new and evolving collaboration technologies, insurance market entrants and business landscapes. The audience will have the opportunity to discuss how they would handle some real-world scenarios.

Agenda and Speakers

Moderator(s): Michelle Young, FSA, MAAA

Presenter(s): William Bade, FSA, MAAA; Josh Hammerquist, FSA, MAAA; Alex Terry, FSA, MAAA; Michelle Young, FSA, MAAA

Michelle Young, FSA, MAAA (Moderator)

Michelle M. Young has more than 10 years of actuarial experience in reinsurance, including pricing, valuation, and risk management. As Assistant Vice President of Risk Management for SCOR, her responsibilities include leading the deal referrals and ORSA processes in North America. She is a Member of the American Academy of Actuaries (AAA) ERM/ORSA Committee and a council member of the Society of Actuaries’ Leadership and Development Section.

William Bade, FSA, MAAA

William S. Bade, FSA, MAAA, is a consulting actuary with the Tampa office of Milliman. He joined the firm in 2015 after spending 10 years in the worksite benefits industry corporate setting. Prior to joining Milliman, Bade served as vice president of national account management at Allstate Benefits, a subsidiary of The Allstate Corporation. In that role, he was responsible for the management of national account premium administration, proposals, contracts and new client implementation. Through Bade's exposure to distribution and marketing, he developed a passion for anticipating market trends, distribution opportunities, and the interaction between market trends and product pricing. Bade also served as a health valuation actuary at Allstate Benefits for over five years. While there, he was responsible for worksite valuation, annual reporting, budgeting, cash flow testing, experience studies and profit improvement initiatives. His product development, marketing and valuation experience at Allstate Benefits included a broad range of individual and group voluntary products. Bade provides a unique blend of project management, creative problem solving, and excellence in core pricing and valuation throughout the customer life cycle.

Josh Hammerquist, FSA, MAAA

Josh Hammerquist, FSA, MAAA is a Vice President and Principal with Lewis & Ellis. Josh joined L&E in 2009 and has been involved in all areas of health insurance including pricing, reserving, experience analysis, and regulatory filings. Josh currently focuses on product development for supplemental benefits, including the developement and filing of policy forms.

Alex Terry, FSA, MAAA

Director of Expert Services, Actuary

With more than 20 years of direct carrier experience, Alex is focused on advancing the risk analysis capabilities of insurance carriers seeking transformational change through digital technologies. As a leader in employee benefits Alex has provided innovation in pricing and underwriting capabilities, driving strategic change, operational efficiencies, improved growth, and enhanced profitability.

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