Insurance Industry Conference

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IIC  |  Conferences  |  Update  |  Scheduled

Special Notes

 IIC

  • Please note: You may attend this program via live webcast from your own computer. Register for the live webcast option HERE.
  • Reserve your overnight accommodations at The Meadows by May 29 in order to receive the negotiated room rate of $107 for a standard room. Book at www.prairiemeadows.com/hotel. Once you check availability select "modify your search" and use group code 06172018ISC or call 515-957-3000, 800-325-9015 and mention Iowa Society of CPAs. 
  • Conference materials will be distributed electronically to each participant 3-5 days prior to the conference.

Thank you to our lunch sponsor:

Deloitte

Curriculum

  • Accounting & Auditing
  • Ethics
  • Personal Development
  • Specialized Knowledge
  • Taxation

Designed For

CPAs and financial professionals working in or with insurance industry organizations.

Objectives

To provide the latest information on current issues affecting the insurance industry.

Preparation

No advance preparation necessary.

Your Price: $300.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations. This price includes the early-bird discount. Full prices will be applicable to all registrations after June 5, 2018.

Members log in and save $50.00 on this event. Not a member? join today.

Sessions

June 19, 2018

8:10am - 9:10am (Central Time)
$0.00

What six powerful leadership strategies can be discovered during a climb to the top of Mt. Kilimanjaro? Liz shares the methods used by climb guides to lead 14 novice climbers safely to the top - underscoring that effective leadership is not a single voice controlling the masses. Effective leadership is a humble approach that involves mentoring others, achieving stretch goals and a secret ingredient that will transform your way of thinking.

Speaker: Liz Nead

Select One and Only One
9:15am - 10:15am (Central Time)
$0.00

This session will cover recent tax developments and their impact on the insurance industry.

Speaker: Tom Wheeland, CPA, JD | BKD CPAs and Advisors

9:15am - 10:15am (Central Time)
$0.00

From insurance technology firms to self-driving cars, the insurance industry is confronting unprecedented change and opportunity.  This presentation will explore insurtech, autonomous vehicles and other market developments that are or will have an impact on the insurance industry.

Speaker: Joe Schneider | KPMG

Select One and Only One
10:30am - 11:30am (Central Time)
$0.00

Obtain a broad update of the SEC's current focus and priorities based upon observed trends in the market and communications from the commission. This session will also address significant updates on U.S. GAAP and FASB developments.

Speakers:

Richard Kefford, CPA |PwC

Ariane Pollack, CPA | PwC

10:30am - 11:30am (Central Time)
$0.00

This session will cover the background and status of the AICPA’s proposed auditing standard for ERISA plans and recent accounting and reporting developments.

Speaker: Judy Goldberg, CPA, CEBS | EY

12:25pm - 1:25pm (Central Time)
$0.00

As Beyond the Obvious author Phil McKinney states, “All ideas, concepts, products, and/or services have a natural progression”. If this progression isn’t appropriately acknowledged and addressed, these will move from consideration as “tomorrow’s answers” to “yesterday’s news”. The ability to think and act innovatively to ensure the right decisions are being made is a differentiator in who will be successful and who will not.   
 
This session will explore innovative thinking in today’s business.  Specific areas of focus include:   

  • Differences between creative thinking and innovative thinking, and the roles both play in business.
  • Innovative thinking from a strategic planning perspective, and why many organizations can do it better.
  • Trends shaping the way innovation, if done well, can make a difference.
  • The impact innovative thinking has on one’s ability to attain/sustain success, or move toward  obsolescence.
  • Integrating a mindset of innovation into a team, department or organization.

Speaker: Gary Walljasper | The Carlson Group LLC and Your Clear Next Step

Select One and Only One
1:35pm - 2:35pm (Central Time)
$0.00

The NAIC has finalized the 2018 RBC formulas and expects to finalize the 2018 annual statement in June. Once again, the reporting of various investments seems to be the focus of many of the statement changes, as well as the accounting changes coming from the statutory accounting principles working group. 

Speaker: Connie Jasper Woodroof, FLMI | StoneRiver Inc

1:35pm - 2:35pm (Central Time)
$0.00

The final CECL standard, out since June 2016, is seen as one of the biggest accounting changes impacting financial services companies. Learn insights on accounting and credit risk compliance methodologies that are integral in calculating expected credit losses related to financing receivables. The accounting, modeling and data implications of CECL will be covered, as well as how the industry is addressing the pending implementation of the standard.

Speaker: Scott Bain, CPA | KPMG

2:45pm - 3:45pm (Central Time)
$0.00

Fighting misconduct and fraud is a campaign, not an event. Every employee, manager and executive must play an active role. In this session, you will learn:

  • Six critical steps in creating and maintaining an anti-fraud business environment.
  • Why controls and related behaviors are the one-two punch for fighting fraud.
  • Ten reasons why anti-fraud controls fail and how to correct these failures.
  • How to look, ask, doubt and resolve before putting your name on any transaction.
  • The importance of the anti-fraud moment and what to do in that moment.

Speaker: John Hall, CPA

This session qualifies for one hour of Iowa ethics CPE

3:50pm - 4:30pm (Central Time)
$0.00

Join this respected and influential Iowa leader as he shares qualities of a strong leader and why being involved in the community so important.

Speaker: Suku Radia

Instructors

Suku V. Radia

Show Bio

Suku Radia is the CEO of Bankers Trust, a position which he assumed in March 2008. Prior to joining Bankers Trust, Suku served as the CFO of Meredith Corporation for eight years. Suku was managing partner of KPMG in Des Moines from 1993 to 2000, where he enjoyed a 25-year career.

Suku has been active in a number of professional, economic development, educational and charitable organizations. Highlights of his community involvement include: Tournament Chair - 2017 Solheim Cup, Vice Chair and Executive Committee member - Board of United Way of Central Iowa, 2009 and 2016 Campaign Chair - United Way of Central Iowa, Executive Committee - Community Foundation of Greater Des Moines, Executive Committee - Drake University, Board Chair - Mercy Medical Center, Member - Iowa State University Foundation Board of Governors, Member - Iowa State University Dean of Business College’s Advisory Council, Past Chair - Bravo (arts and cultural alliance for Central Iowa), Past President - Rotary Clubs of Des Moines and West Des Moines, Past Chair - Greater Des Moines Partnership, Past Chair - Greater Des Moines Committee, Past President and founder - Greater Des Moines Junior Soccer League, Past Chair - Better Business Bureau of Iowa, Leadership Chair - Oakridge Neighborhood Campaign, Past Board Member - Des Moines Golf & Country Club and at least another dozen civic organizations.

Additionally, Suku is the past recipient of Iowa State University’s Alumni Merit Award (2012), Des Moines University’s Glanton Scholarship Award (2011), Iowa State University’s Citation of Achievement Award (1995), United Way’s Tocqueville Society Award (2005), Mr. Habitat for Humanity (2006), American Diabetes Association Honoree (2008), Iowa Council for International Understanding-Passport to Prosperity Award (2009), Spirit of Philanthropy Award (2009) and received the Immigrant Spirit Award (2015). In 2010, he was inducted into the Iowa Business Hall of Fame and was also named the OneIowa Business Leader of the Year. In 2017, he received the Bravo award for his commitment to the arts and cultural organizations. Suku has been the convocation speaker at Iowa State University (2000), Drake University (2008) and Simpson College (2012).

Suku was named Best Metro Business Leader (2012, 2013, 2014 ,2015 and 2016), Best Minority Business Leader (2012, 2013, 2014,2015 and 2016) and Most Influential Business Leader (2013, 2014, 2015 ,2016 and 2017).

Connie Jasper Woodroof

Show Bio

Connie Jasper Woodroof is the NAIC liaison for StoneRiver, a position she has held since 2002. She helps StoneRiver and its clients keep abreast of events at the NAIC. Connie is active on several industry interested parties groups for NAIC issues and serve as a co-chair of the Blanks interested party group.

Connie began her career in the insurance industry in 1984 completing statutory filings for both Life and Property/Casualty companies. She spent nine years with the NAIC where she served in various capacities; reviewing of annual statements for quality, testing of RBC formulas and software during formula development, and assisting with the development and teaching of an industry educational series.

Connie is a volunteer on the national level for the Insurance Accounting & Systems Association (IASA), currently serving as a member of the Accounting, Risk Management, and Finance (ARF) and eLearning committees, and contributes to the IASA accounting textbooks. Woodroof holds a B.S. in Accounting and a M.A. in General Psychology.

Thomas F. Wheeland

Show Bio

Tom Wheeland is the national insurance services practice leader for BKD in St.Louis. Tom has nearly 30 years of experience providing corporate and insurance tax services. His experience includes serving property/casualty, life and health companies of all sizes with an emphasis on tax accounting and consulting.

Prior to joining BKD, Tom provided insurance tax services at two international firms and was the principle author of the white paper “Tax Accounting for Insurance Companies: A comparison of tax accounting under generally accepted and statutory accounting principles–2012 and beyond.” He is a frequent speaker at insurance tax forums, including the Insurance Tax Conference, Iowa Society of CPAs Insurance Industry Conference and the Insurance Accounting and Systems Association’s national, regional and local conferences. He has served on the SSAP 10 and FIN 48 working groups of the National Association of Insurance Commissioners.

Tom is a 1984 graduate of the University of Notre Dame with a bachelor’s degree in finance and a 1988 graduate of St. Louis University School of Law. He is a licensed CPA and attorney.

Joe Schneider

Show Bio

Joe Schneider is a managing director with KPMG Corporate Finance LLC, the wholly owned investment banking subsidiary of KPMG LLP. Joe is based out of the Chicago office and focuses on the insurance sector, advising P&C and life carriers as well as insurance services firms such as insurtech companies, brokers, managing general agencies and third-party administrators on mergers & acquisitions, capital raising and other strategic matters.

Joe is also a recognized thought leader on autonomous vehicles and insurance, co-leading this initiative at KPMG. He has spoken widely on this topic, including at the Federal Advisory Committee on Insurance at the United States Treasury. Additionally, Joe has been quoted or his team's work, has been cited in a wide variety of publications both in the United States and abroad, including the New York Times, the Washington Post, USA Today, Time and Newsweek.

Gary Walljasper

Show Bio
         Gary Walljasper brings more than 20 years of strategic human resources consulting experience to The Carlson Group, LLC and Your Clear Next Step. His professional career has included multiple management and leadership roles involving extensive advisory work and partnership with middle and senior management. 
Gary’s areas of focus and expertise include leadership development/effectiveness, strategic talent management, human capital planning, individual and organization development, strategic recruitment/retention, team dynamics, career planning, M&A integration, work-life focus, and employee engagement. 
Known for his leadership development and coaching, Gary has presented at several conferences on a wide range of strategic initiatives, including talent and leadership development, human capital planning, and learning transfer. His diverse background of capabilities include: HR executive, corporate trainer/facilitator, leadership coach, and a leader of people.

John Hall

Show Bio

John J. Hall is the founder and president of Hall Consulting, Inc. He has over 40 years of experience as a consultant, speaker, auditor and business owner. John has worked in senior leadership positions in large corporations and international public accounting firms. He is a member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.

John specializes in skills training programs and conference presentations for CPAs, government and internal auditors, management groups, boards, and professional associations. He also coaches business and audit professionals in how to increase their effectiveness, clarify and meet their business and personal goals, and move their careers forward.

John is the author of “The Anti-Fraud Toolkit” and the award-winning book “Do What You Can! Simple Steps – Extraordinary Results.”

Ariane L. Pollack

Show Bio

Ariane Pollack is a director with PricewaterhouseCoopers LLP in Chicago. She works in the firm's Capital Markets and Accounting Advisory Services (CMAAS) practice. The CMAAS practice specializes in helping clients identify solutions for complex accounting and financial reporting challenges related to significant transactions and capital markets activities. Ariane has worked with insurance clients for ten years in the U.S., in Chicago and McLean and in London.

Ariane has experience on engagements for U.S. GAAP, U.S. statutory, IFRS, and UK GAAP basis of accounting for a range of insurers. Her clients include life and annuity, property and casualty, general insurance, mortgage guaranty, and accident and health insurance entities. Some of Ariane's past engagements include assisting clients with various capital market activities including mergers and acquisitions, IPOs and debt offerings, carve-outs, as well as GAAP conversions and accounting advisory services including the adoption of new accounting standards.

Ariane’s technical accounting expertise and financial reporting knowledge includes accounting for insurance contracts, business combinations, segment reporting, consolidation, SEC registration process, pro forma financial statements, financial instruments, foreign currency, goodwill and intangible impairment analyses, and other financial reporting topics. She has also worked on Solvency II regulatory requirements, actuarial remediation projects, and various benchmarking analyses for finance and actuarial processes and controls.

Ariane has a Bachelor of Science in Accounting, Indiana University, Bloomington; MBA, Kelley School of Business at Indiana University, Bloomington and is a licensed CPA in Virginia and Illinois.

Elizabeth P. Nead

Show Bio

A speaker, coach and television host, Liz Nead is an expert in bringing life back to everyday life. Her passion, Nead Inspiration is impacting the lives of thousands with life coaching, magazine articles, public speaking and life improvement television. She directs and hosts an Emmy nominated television show called Life Dare which aired on Fox five days a week. Life Dare is an “unscripted” show inviting people to learn from experts and take a “challenge” to bring the lesson to life. She has authored several best selling books, "The 100 Day Journey," "Curry Up," an ethnic cookbook, "The 180 Life," and "20 Beautiful Women." Her work has been featuredranked on Buzzfeed and reviewed by the Huffington Post. She blogs for Huffington Post and She Knows. Liz is a skilled story-teller and teacher, most recently climbing Mt. Kilimanjaro and competing in the Iowa Strongman Games. Whether she is climbing a mountain, flipping 300 pound tires, producing award winning television, or conducting experiences in her personal life, her audiences learn valuable lessons to build an influential life. [2018]

Scott Bain

Show Bio

Scott Bain is a director in KPMG’s Accounting Advisory Services practice. He brings over 16 years of financial services experience, including seven years in audit and seven years in the corporate finance organization. Scott has extensive technical accounting, financial reporting, SEC reporting, and regulatory reporting experience. He primarily advises clients in the banking and insurance sectors and focuses on new standard implementation including Revenue Recognition (ASC 606), Leasing (ASC 842), and IFRS 9/CECL (ASC 326).

Richard Kefford

Show Bio

Richard Kefford is a senior manager SEC services for PwC. His background is auditing the financial reporting of international and domestic clients in the financial services industry. Richard is currently working in the SEC services group at PwC's national office, supporting clients and PwC engagement teams across the insurance and banking sectors with a variety of SEC periodic reporting and transaction related matters.

Previously, Richard was based in New York City, managing the delivery of audit services to public and non-public property and casualty (re)insurance companies and intermediaries, with reporting under US GAAP, IFRS and U.S.Statutory accounting frameworks.

Before moving to New York, Richard worked for PwC Australia also managing audit engagements, including two for top-20 ASX listed companies.

Richard is a member of Chartered Accountants Australia and New Zealand, and of the American Institute of CPAs in the United States. He is a licensed CPA in the State of New York.

Judy Goldberg

Show Bio

Judy Goldberg is an executive director in EY’s professional practice and is the national director of the employee benefit plan practice. She has been with EY for 32 years and has specialized in employee benefit plan audits for 25 years. Judy is the past chair of the AICPA’s Employee Benefit Plans Expert Panel and continues to serve as a member on the panel. She also serves on the AICPA’s Employee Benefit Plans Audit Quality Center Executive Committee, is a member of the AICPA Audit Guide Revisions Task Force and the Audit Risk Alert Task Force, along with other AICPA task forces.

Judy is a frequent speaker at AICPA conferences and webinars. Judy received her BBA from the University of Texas at Austin. She is a Certified Public Accountant and a Certified Employee Benefit Specialist. She resides in Houston, Texas.

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