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Life Actuarial (A) Task Force

2025 Membership (PDF)
 

2025 Charges

The mission of the Life Actuarial (A) Task Force is to identify, investigate, and develop solutions to actuarial problems in the life insurance industry.

Ongoing Support of ÐÓ°ÉÊÓÆµ Programs, Products, or Services

  1. The Life Actuarial (A) Task Force will:
    1. Work to keep reserve, reporting, and other actuarial-related requirements current. This includes principle-based reserving (PBR) and other requirements in the Valuation Manual, actuarial guidelines, and recommendations for appropriate actuarial reporting in blanks. Respond to charges from the Life Insurance and Annuities (A) Committee and referrals from other groups or committees, as appropriate.
    2. Report progress on all work to the Life Insurance and Annuities (A) Committee and provide updates to the Financial Condition (E) Committee on matters related to life insurance company solvency. This work includes the following:
      1. Work with the American Academy of Actuaries (Academy) and the Society of Actuaries (SOA) to develop new mortality tables for valuation and minimum nonforfeiture requirements for life insurance and annuities, as appropriate.
      2. Provide recommendations for guidance and requirements for accelerated underwriting (AU) and other emerging underwriting practices, as needed.
      3. Work with the SOA on the annual development of the Generally Recognized Expense Table (GRET) factors.
      4. Provide recommendations and changes to other reserve and nonforfeiture requirements to address issues as appropriate and provide actuarial assistance and commentary to other ÐÓ°ÉÊÓÆµ committees relative to their work on actuarial matters.
      5. Work with the selected vendor to develop and implement the new generator of economic scenarios (GOES) for use in regulatory reserve and capital calculations.
      6. Monitor international developments regarding life and health insurance reserving, capital, and related topics. Compare and benchmark these with PBR requirements.
      7. Coordinate with the Reinsurance (E) Task Force on actuarial items related to reinsurance.
Life Actuarial (A) Task Force

Life Actuarial (A) Task Force
Saturday, March 22, 2025
8:00 AM - 4:30 PM EDT

JW Marriott Indianapolis—JW Grand 1–4—Level 3

Life Actuarial (A) Task Force

Life Actuarial (A) Task Force
Sunday, March 23, 2025
8:00 AM - 10:00 AM EDT

JW Marriott Indianapolis—JW Grand 1–4—Level 3

Life Actuarial (A) Task Force - 04172025

Public Webex Meeting
Thursday, April 17, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr

Agenda – April 24, 2025

  1. Consider Adoption of the Task Force’s Spring National Meeting Minutes
  2. Consider Adoption of APF 2025-02
    1. Maryland Comment Letter
  3. Consider Re-exposure of APF 2025-05
    1. ACLI Comment Letter
  4. Consider Re-exposure of Life Knowledge Statements
    1. Appointed Actuary
    2. Illustration Actuary
    3. Qualified Actuary

Life Actuarial (A) Task Force - 05012025

Public Webex Meeting
Thursday, May 01, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr 30 min

To be determined.


Life Actuarial (A) Task Force - 05152025

Public Webex Meeting
Thursday, May 15, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr

To be determined.


Life Actuarial (A) Task Force - 05/28

Public Webex Meeting
Wednesday, May 28, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr

To be determined.


Life Actuarial (A) Task Force - 06052025

Public Webex Meeting
Thursday, June 05, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr

To be determined.


Life Actuarial (A) Task Force - 06/18

Public Webex Meeting
Wednesday, June 18, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr

CALL CANCELED


Life Actuarial (A) Task Force - 06252025

Public Webex Meeting
Wednesday, June 25, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr

To be determined.


Life Actuarial (A) Task Force - 07032025

Public Webex Meeting
Thursday, July 03, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr

To be determined.


Life Actuarial (A) Task Force - 07172025

Public Webex Meeting
Thursday, July 17, 2025
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr

The following document is being exposed for a 21-day public comment period ending Tuesday, April 29:

Please send comments to Scott O'Neal by April 29, 2025.

The following document is being exposed for a 14-day public comment period ending Wednesday, April 16:

Please send comments to Scott O'Neal by April 16, 2025.

The following document is being exposed for a 21-day public comment period ending Wednesday, April 23:

Please send comments to Scott O'Neal by April 23, 2025.

The following document is being exposed for a 28-day public comment period ending Wednesday, April 30:

Please send comments to Scott O'Neal by April 30, 2025.

The following document is being exposed for a 32-day public comment period ending Thursday, April 24:

Please send comments to Scott O'Neal  by April 24, 2025.

The following document is being exposed for a 21-day public comment period ending April 13:

Please send comments to Scott O'Neal by April 13, 2025.

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Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Scott O'Neal
Assistant Managing Life Actuary
816-783-8814

Jennifer Frasier
Sr. Life Examination Actuary
816-783-8834

Please see the current Committee List for a complete list of committee members.