NBC Holdings’ Post

Ever wonder what the measurement, valuation & reporting dates all mean when it comes to your Other Post-Employment Benefit (OPEB) report? In our latest episode of 'Ask an Actuary', we're joined by Kurtis Thompson ASA, MAAA, a consulting actuary here at Odyssey, to break down some commonly misunderstood terminology in OPEB reports. If you have any other questions or a topic you'd like us to cover in future episodes, drop us a comment below! *Please note: 'Ask an Actuary' is a series of interviews with our team which consists of both consulting actuaries and actuarial consultants. #AskanActuary #OPEB #localgovernment #GASB

Congratulations to our US colleagues for winning Captive Review's award for leading Actuarial Firm 2024. If you have questions related to your European captive or if you are thinking of starting a captive, don't hesitate to reach out to Peter Franken or one of your Milliman contacts. #captives #actuarial #insurance

What is an OPEB Trust and why are they crucial for securing your organization's post-employment benefits? Join us for our next episode of "Ask an Actuary" featuring Caleb White, an actuarial consultant here at Odyssey Advisors. *Please note: "Ask an Actuary" is a series of informative interviews with our team which consists of both actuaries and actuarial consultants. #AskanActuary #OPEB #actuarialinsights #localgov #GASB75

Thrilled to share that my article has been featured in Institute and Faculty of Actuaries' The Actuary magazine once again! 📖 This time, I explored the fascinating world of predictive modeling and its undeniable benefits, while also shedding light on the pivotal role actuaries play in mitigating unethical biases. As guardians of integrity in data-driven decision-making, let's embrace our responsibility and advocate for fairness and equity. You can read the full magazine here - https://lnkd.in/gnir_psg #ActuarialInsights #EthicalAnalytics #PredictiveModeling #ProfessionalResponsibility #ifoa #actuaries #insurance

Our next webinar covering new actuarial modeling techniques is coming up. Register for the next Casualty Actuarial Society (CAS) AKUR8 Webinar titled, "From Theory to Practice: Lasso Credibility's Impact on Actuarial Pricing," led by Thomas Holmes, FCAS, Chief Actuary for the US at AKUR8. Lasso Credibility is a new actuarial modeling technique using existing tools that will be introduced in the upcoming monograph “Penalized Regression and Lasso Credibility.” It expands the scope of modeling for actuarial pricing analysis and allows for credible results on datasets that would not provide significant conclusions if using traditional GLM approaches. This webinar will introduce the theory behind the technique, identify its strengths and weaknesses, provide best practices on its implementation, and introduce expected pricing use cases for this methodology. You don't need to be a CAS member to participate. Register at no cost to access the live and recorded version of the webinar. Click here to register 👉 https://lnkd.in/ewX9zjVE #machinelearning #actuaries #predictiveanalytics #insurance #insurtech #actuaries

Just wrapped up an insightful session at #CASRPM24 on actuarial modernization. It’s a timely topic given the industry’s rapid evolution.    During the presentation, we explored strategies for seamlessly integrating new technology into existing processes. The speakers generously shared the entire modernization journey, from beginning to completion, along with valuable insights on measuring success. We also delved into addressing pitfalls, handling errors, and overcoming delays. Underscoring it all was the critical importance of effective communication with stakeholders and securing their buy-in throughout the process.      Ensuring comprehensive support for every actuary during the digital age is paramount, and we've gained invaluable insights to bring back and share with our clients and candidates. #EzraPenland #actuaries #actuarial

What does the actuarial talent market look like as we head into the next year? Check out this #infographic for key highlights and #IndustryInsights from our latest Semi-Annual Insurance Labor Market Study. Discover the challenges and opportunities in recruiting top actuarial talent: https://jcbsn.gr/4h6WfEJ

Are you interested in learning new actuarial modeling techniques while receiving CE credits? Register for the next Casualty Actuarial Society (CAS) AKUR8 Webinar titled, "From Theory to Practice: Lasso Credibility's Impact on Actuarial Pricing," led by Thomas Holmes, Chief Actuary for the US at Akur8. Lasso Credibility is a new actuarial modeling technique using existing tools that will be introduced in the upcoming monograph “Penalized Regression and Lasso Credibility.” It expands the scope of modeling for actuarial pricing analysis and allows for credible results on datasets that would not provide significant conclusions if using traditional GLM approaches. This webinar will introduce the theory behind the technique, identify its strengths and weaknesses, provide best practices on its implementation, and introduce expected pricing use cases for this methodology. You don't need to be a CAS member to participate. Register at no cost to access the live and recorded version of the webinar. Click here to register 👉 https://lnkd.in/ewX9zjVE #machinelearning #actuaries #predictiveanalytics #insurance #insurtech #actuaries

The impact of actuarial science extends far beyond the confines of the insurance industry, reaching into diverse sectors such as healthcare, finance, and even sports. In these fields, actuaries bring their unique skill set to bear, leveraging their analytical prowess and risk assessment capabilities to inform crucial decision-making processes. #BeyondInsurance #ActuarialVersatility #HealthcareActuaries

The impact of actuarial science extends far beyond the confines of the insurance industry, reaching into diverse sectors such as healthcare, finance, and even sports. In these fields, actuaries bring their unique skill set to bear, leveraging their analytical prowess and risk assessment capabilities to inform crucial decision-making processes. #BeyondInsurance #ActuarialVersatility #HealthcareActuaries