ACTEX Learning Presents:
ACTEX eLearning Webinar:
ACTEX eLearning Webinar: IFRS 17 and IFRS 9 – What Actuaries Need to Know
Co-Sponsored by the Canadian Institute of Actuaries
1.8 SOA CPD, CAS CE Credits/Training Hours
This is a potential source of 1.5 hours of CPD for the Canadian Institute of Actuaries
All prices are in USD
This session will be a 90-minute deep-dive review of the technical accounting requirements, reporting mechanics and the impact stemming from IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments. After this session, participants will have gained an understanding of IFRS 17 and IFRS 9, be able to identify key differences between the IFRS standards and US GAAP, review how these accounting changes impact the profit model and revenue recognition pattern for insurance companies and understand the business and IT impact of the new standards.
- Gain an understanding of the IFRS 9 and 17 standards and how actuaries are impacted
- Understand how these two standards interact with one another, and where strategic decisions in setting policy during implementation can be made
- Be able to identify key differences between the IFRS standards and US GAAP, including the FASB’s current targeted improvements on long duration
- Review how these accounting changes impact the profit model and revenue recognition pattern for insurance companies
- Understand the basic technology and process impacts of the new standards
Who Should Attend This Webinar?
This webinar is for any actuary or insurance professional who wants to better understand where the future of global insurance contract accounting is going. While this session will cover the IFRS 9 and IFRS 17 basics, it is helpful to have some familiarity with IFRS reserving requirements. Nevertheless, we will make the material accessible to those new to the IFRS game as well.
Darryl Wagner, FSA, MAAA
Darryl is a Principal in the Hartford office of Deloitte Consulting and leads Deloitte's Global Actuarial, Rewards & Analytics (ARA) practice. He is the Deloitte Consulting leader for IFRS Insurance and is the IFRS 17 Leader for the Americas. He also serves as Lead Consulting Principal for MetLife.
Over his 25+ year consulting career, Darryl's areas of specialty include life insurer financial reporting and performance/value measurement and management. He has worked with numerous accounting and valuation frameworks with clients around the world, helping with technical, process oriented and organizational aspects of implementation, execution, and evaluation. Darryl is one of Deloitte’s leading IFRS 17 experts and has led IFRS engagement for global insurers. He has presented and written extensively on the subject of IFRS 17, including as a co-author of the soon to be published IAA monograph on Risk Adjustment and the SOA’s upcoming textbook IFRS for Insurers.
Bryan C. Benjamin, CPA
Bryan is a Senior Manager at Deloitte Advisory and is focused on advising financial services clients through complex capital markets transactions, financial reporting questions and valuation issues. He is the National Coordinator for Deloitte's Financial Instrument & Valuation Subject Matter Resource Program, and manages both Deloitte’s National Securities Pricing Center and its Derivatives & Hedging Advisory business. He is the investments and valuation specialist for a number of the firm’s largest insurance and banking clients.
Bryan is a leader in the US for Deloitte’s efforts around insurance contracts under IFRS 17 and a member of its IFRS Insurance Steering Committee. Bryan is currently delivering Deloitte’s advisory services at multiple global insurance companies related to IFRS 9 and 17. As a capital markets professional, Bryan has deep technical expertise in IFRS 9, and focuses on the interaction between insurance contract accounting and investment accounting and asset-liability management impacts. Bryan was previously part of a two-year Management Development Program rotation in National Office where he worked closely with the FASB, IASB, other standard setters and regulators while developing Deloitte technical accounting viewpoints and guidance.
Bryan has a BA in Accounting and Finance as well as an MS in Accounting and Financial Reporting, both from Michigan State University. He is a CPA in California and New York, a Chartered Global Management Accountant (CGMA) and is a Level III CFA Candidate.
The registration fee includes 180-day unlimited on-demand access to this event and the handouts.
All prices are in USD.
Multi-Connection Corporate Customers: ACTEX will provide a self-registration site and activation key for your participants. The first 100 will be enrolled in this webinar. This makes it easy to offer continuing professional development opportunities without the need for administrative attention.
Participants must agree to the ACTEXeLearning.com Site Policy in order to access this webinar.
What is the difference between 10+ participants & 1-connection and 10+ participants & Multi-connection?
'Connection' refers to how many participants will access our Webinar by signing-in at ACTEXeLearning.com.
Customers who have purchased a 1-connection option will have the purchaser sign-in and share the video on their monitor (or via video-conference, Skype or other video sharing format) with up to the number of participants purchased for. Username and password information is not to be shared with the other participants.
Customers who have purchased our Multi-connection option will be sent login information and an access key. Each participant will then be able to login on their own computer, with their own username & password, at their own convenience.
- Access information is sent to the email address listed under Shipping Information on your order.
- If you have 8+ participants needing their own access you should select our Multi-connection option for the best value.
- All registrations include 180-day unlimited on-demand access to the Webinar and the handouts.