Oliver Wyman Actuarial

The cyberattack on Change Healthcare has been described as the most significant and consequential incident of its kind against the US healthcare system. Unfortunately, it's not an isolated incident. As the velocity and intensity of cyberattacks across healthcare continues to rise, protecting healthcare networks and data can no longer be viewed solely as an IT issue. The seriousness of cyberattacks and their influence on business continuity, operations, patient protection, and financials demands enterprise-wide attention at the highest level. Cybersecurity must be a top priority for and led by CEOs and chief operating officers. At Oliver Wyman, we're helping clients address these emerging risks and safeguard their patient care, systems, and data integrity. Learn more here > https://owy.mn/3XWVKWP #OWActuarial #Cybersecurity #Healthcare

How will the rise of artificial intelligence (AI) impact actuaries? Bernice Lim, FCIA, is exploring AI’s influence on the industry and how actuaries can effectively adapt and harness the transformative power. Bernice recently attended the International Actuarial Association (IAA) AI Summit in Singapore, where she joined the IAA AI Task Force alongside global industry leaders. This task force aims to advance the competency of the actuarial profession in relation to AI through five different workstreams. Learn more about the task force in Bernice’s latest interview on AI > https://owy.mn/3VSCCGF #OWActuarial #ArtificialIntelligence #AIForActuaries

Join our team at the 2024 Society of Actuaries Health Meeting in Baltimore, Maryland on June 24-26, where we'll lead several speaking sessions. Here’s our Oliver Wyman lineup: ➡️ Kara Clark, FSA, MAAA, will be moderating and presenting in Sessions 1C: The Ultimate Health Actuary Q&A Extravaganza, and 9G: Your Actuarial Strategy Needs A Strategy - Working With The P&L Leader ➡️ Michael Mastroianni, ASA, MAAA will be moderating and presenting in Session 2C: Medicare Advantage - Risk Adjustment Landscape ➡️ Haitham Aly, FSA, MAAA, will be moderating and presenting in Session 3D: Medicare Advantage - Essentials to Developing VBC Strategies ➡️ Stephanie Moench, FSA, MAAA, and Angela Cobble, FSA, MAAA, will be coordinating and moderating Session 4A: Blue Zones - Longevity Impacts to Disability & LTC ➡️ Kelly Ayer, FSA, MAAA, will be presenting in Session 7A: Group Long Term Disability Experience Committee Update, and moderating and coordinating in Session 10E: Supplemental Benefits Show Down Register here > https://owy.mn/3KI1KuK Please join us and/or reach out to our presenters for a special invitation. #OWActuarial #HealthActuaries #LifeActuaries

Our actuaries will be at the 2024 Canadian Institute of Actuaries Annual Meeting, June 10 – 11, in Quebec City! This is the premier gathering of Canadian actuaries each year. Join us at our speaker sessions: – ERM and Governance Roundtable (offered in English and French) - Jacques Tremblay – Peer Reviewing Predictive Analytics Models – Setting Yourself Up for Success - Bernice Lim and Dean Rootenberg – What’s Hot in the World of Capital - Dina Elkasir FCIA FSA CERA and Catherine Sun, FCIA, FSA, CERA, CFA (Moderator) We are excited to contribute to the conversation on the latest actuarial topics affecting our industry and hope to see you there! Register here > https://owy.mn/4cn8r19 #OWActuarial #CIA2024ICA #Actuaries

We are delighted to welcome Nick Baldridge to our Oliver Wyman Actuarial Practice. Nick joins our team as a Partner and the Global Property & Casualty Insurance Leader. Nick will work closely with Daniel Gibson, our Global Property & Casualty Practice Leader, to expand our work helping insurance leaders address their most pressing strategic transformation challenges.                                                                           With more than 25 years’ experience, Nick is a valued C-suite advisor and industry thought leader. He has a global perspective across North America, Europe, and Asia-Pacific, and brings a wealth of expertise in supporting organizations on driving strategy, operations, and large-scale business and technology initiatives across the P&C insurance industry.                                                                                 Our team looks forward to adding Nick's energy, tremendous talent, and broad expertise! Learn more > https://owy.mn/45l2cIV #OWActuarial #Insurance #PropertyAndCasualtyInsurance

In the latest edition of Pulse, we offer analysis on six takeaways from the first quarter of 2024 as well as a deeper dive into net income, loss ratios, utilization trends, Medicaid membership and commercial enrollment, operating expense ratios, and the market capitalization of healthcare firms as compared to the S&P 500 Index. Pulse offers actuaries and the health insurance industry a comprehensive view of key financial market trends - from earnings highlights, medical loss trends to changes in market capitalization. Read now > https://owy.mn/4bRSorU #OWActuarial #Finance #PublicCompanies

How do you drive business impact over the long term? Leaders often reach out to our healthcare actuaries and consultants looking for insight on how to measure financial risk, while identifying strategic and operational opportunities. Here, we share five principles and learnings on improving healthcare model business strategy, optimizing data, and driving new value > https://owy.mn/4bN9aIt #OWActuarial #Healthcare #HealthcareProviders

Embarking on actuarial transformation can be tricky without the right guidance. Through research and experience, we’ve found that there are three keys to achieving a successful outcome. Join the conversation as we reveal key insights and strategies that can pave the way for success in the insurance industry. Share your thoughts in the comments below! Discover more about actuarial transformation here > https://lnkd.in/gXDtyQni Ramandeep Nagi, FSA, FCIA, MAAA Vikas Advani, FSA #TransformationSuccess #LeadershipInsights #InsuranceInnovation

We reviewed large public health insurance companies and assessed the profitability of their insured blocks of business. Analysis showed a greater divergence between companies’ performances from Q3 2023 to Q4 2023. Our health insurer financial update, Pulse, offers actuaries and the health insurance industry a comprehensive view of key financial market trends — from earnings highlights, medical loss trends to changes in market capitalization. Read more > https://owy.mn/4aUnSxn #OWActuarial #FinancialResults #Insurance

We are very proud of Les Rehbeli and Robert Berendsen for receiving the Canadian Institute of Actuaries l Institut canadien des actuaires Award of Excellence! Please join us in celebrating their achievement and their service to the actuarial industry. #OWActuarial #CIALegacyAwards #ActuarialExcellence