Jeff Anderson of Milliman discusses his recent efforts related to LTC morbidity experience studies. Observed trends and future considerations are also discussed.

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Mark Twain. This podcast, featuring Kevin Durand and Randall Stevenson, focuses on Cognitive Bias and Behavioral Economics. Randall conveys many examples of cognitive bias and discusses applicability to the insurance industry. 

Show Notes

Contact Information, Kevin Durand: [email protected]

Contact Information, Randall Stevenson: [email protected]

For further information, Randall has authored an SOA Report in April 2019 titled “Actuarial Utility and Preference Functions.” He has also written an article for Contingencies January/February 2020 called “Predictably Irrational.”

If interested in learning more about behavioral economics, the University of Toronto has a free online course through EdX.

Host Anders Larson, FSA, MAAA, is joined by Ben Wyatt, a security and compliance manager at Milliman, to discuss considerations around data security in the cloud. Ben and Anders discuss a variety of real and perceived risks related to data access and storage in the cloud, such as HIPAA compliance, performance on security audits, threats from hackers or other malicious actors, and other scenarios that could lead to data loss.

In this episode, we sit down with Tony Dardis to discuss the past, present, and future of the profession through the lens of his career. We want to thank Tony for his insights and his kindness in sharing his time and experience with us!

Chris Merkel interview Jane Gilbert about personalized medicine.

Tony Johnson and Steven Gee speak with Andy Rallis. They discuss the future of the actuarial profession given impacts of COVID-19, changing regulation and emerging technologies.

Jing Lang, FSA, FCIA, FLMI, MAAA, talks with Linley Baker, FSA, MAAA, about her unique career path and how it’s possible to achieve your life dreams and “do what you really want to do.”

Nolan Tully of Faegre Drinker discusses cash buyouts, which have recently been offered as part of LTC rate increases.

Dave Dillon interviews Jeremy Benson and Wendy Broadrick on the topic of Level-Funding. Topics included an overview of Level-Funding, how Level-Funding has evolved over time, how it compares to Fully-Insured and Traditional Stop-Loss and considerations for success in the Level-Funded market.

This podcast is the first in our series “Drink in the Details,” featuring casual discussions with experts on a variety of financial reporting topics. Join Chris Whitney, as he shares a beer and discusses Life Principles-Based Reserving (PBR) with Ben Slutsker and Dylan Strother.