Keynote Session

Partnership with the SOA Research Institute, Lisa Schilling, FSA, EA, FCA, MAAA, Director of Practical Research, Society of Actuaries.

In the role of Director of Practice Research at the Society of Actuaries Research Institute, Lisa leads the actuarial practice research activities of the Society of Actuaries to benefit the global actuarial profession. She oversees the development, creation, and production of research projects that provide valuable research insights to members, stakeholders, and the public, and assist in raising awareness of the global actuarial profession. She brings nearly 40 years of experience to this role, having previously served in various actuarial research functions at the SOA, chief actuary for a large pension fund and a retirement actuarial consultant at a large consulting firm.

The role of financial economics in actuarial practice, Hal Pedersen, PhD, ASA, Director, Actuarial Program at University of California, Santa Barbara.

Hal W. Pedersen, ASA, MAAA, PhD is a leading expert on economic scenario generation and insurance risk with more than 25 years of industry experience.  He is senior lecturer at the University of California Santa Barbara (UCSB) and director of the UCSB actuarial program. Previously, he was Managing Director at Conning where he lead the development of Conning’s economic scenario generator and its application to investment risk management.  He served as L.A.H. Warren professor of actuarial science at the University of Manitoba (2003 – 2011) and was a member of the actuarial faculty at Georgia State University (1996 – 2001). He is past vice-chair of the Education and Research Section Council of the Society of Actuaries, current vice-chair of the Investment Section Council of the Society of Actuaries, and current chair of the American Academy of Actuaries Economic Scenario Generator Subcommittee.

Reserving Innovation in Property-Casualty Insurance, Chandu Patel, FCAS, MAAA, Vice President at Amtrust Financial Services, Inc.

Mr. Patel is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries. Prior to joining AmTrust, he was a consultant with Huggins Actuarial Services, Inc. Prior to that Mr. Patel was Senior Vice President & Corporate Actuary at Tower Insurance Company. Prior to that Mr. Patel was the Senior Vice President & Chief Reserving Actuary of Endurance Services Limited, and before that Mr. Patel was a Senior Vice President & Corporate Actuary, ACE/Chubb Limited. Mr. Patel has over 35 years of experience being the lead reserving actuary for several large firms’ as well being a Senior Manager at KPMG LLP. Mr. Patel’s professional experience includes:

• Reserve analyses for most property casualty exposures on a primary (long tail and short tail) as well excess (reinsurance) basis;

• Establishing and streamlining reserve processes from ground up;

• Identifying sources of adverse development and linking reserve and profitability studies;

• Required reserve disclosures for SEC reporting, including the 10K development triangles;

• P&C reserve opinions and statutory reporting; q Reserves range estimation;

• Economic Capital Modeling;

• Vice Chair – Casualty Loss Reserve Seminar;

• Chair – Casualty Actuarial Society Reserving Research Working Group.

Mr. Patel has achieved a Master of Science in Chemical Engineering from Stevens Institute of Technology, New Jersey. He also has his Bachelors in Chemical Engineering from the Indian Institute of Technology, Bombay, India. He won the 1998 Reserves Paper Prize from the Casualty Actuarial Society, and was the assistant Editor of a book titled “Catastrophe Modeling: A New Approach to Managing Risk” (published by staff at The Wharton School, University of Pennsylvania). Mr. Patel is also a frequent speaker on the topic of reserving and linkages between pricing and reserving at industry wide actuarial conferences.

Reserving Innovation in Property-Casualty Insurance, Annmarie Geddes Baribeau, Research Manager, Casualty Actuarial Society

Annmarie Geddes Baribeau has nearly 35 years of experience working with actuaries in various capacities ranging from research manager and investigative journalist to marketing and communications consultant. Publishing more than 650 articles, Baribeau’s list of insurance publications includes the Casualty Actuarial Society’s Actuarial Review, the American Academy of Actuaries’ Contingencies, the Insurance Agents and Brokers’ Leader’s Edge. Baribeau has also spoken at several actuarial conferences and webinars on topics including personal auto trends, cyber insurance, and marijuana legalization.