CompAct Electronic Newsletter
Issue 36 | July 2010
Letter From The Chair
by Tim Deitz
I've been reflecting on Technology for the past few days, in trying to think about writing for this issue of CompAct. I guess I'm a middle-aged actuary, entering the profession in 1985. There are many actuaries older than me and certainly many younger than me.
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Editor's Notes
by Howard Callif
I am pleased to announce that this edition of CompAct was co-edited by Eddie Smith. Eddie brings energy and enthusiasm to all of the projects he works on for the Technology Section, so I am very happy is joining me.
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SOLID Object Oriented Design
by Andrew Chan
A lot of systems were developed using an Object Oriented (OO) programming language, e.g. C++, Java, C# or Visual Basic .Net. Why did so many system developers choose to use OO programming languages? What are the benefits of OO programming languages?
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Rand-dumb or Random?
by Mary Pat Campbell
First: you have no business doing Monte Carlo modeling in Excel. Clear? Fine. Now that that's out of the way, we're using Excel all the time for inappropriate things, so what's a few random trials between friends?
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Web 2.0 Offers Many Opportunities for Actuaries
by J. Eddie Smith, IV
Two extremes bound the gradient of strategies you can take in this new era: you can ignore it all, or you can try to take it all in. Neither approach is in your best interest.
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R Corner: A Toy Copula1 ERM Model in R2
by Steve Craighead
A simple ERM model entails setting up various risk sub-models and creating a dependency relationship between these risks. After this is accomplished all one needs to do is to simulate for a given number of trials (say 1,000) and aggregate the dependent risk values.
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Number Puzzle
by Marc Whinston
A fun, challenging puzzle for the readers of CompAct.
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LAST ISSUE'S NUMBER PUZZLE SOLVED
by Marc Whinston
The solvers of last issue's puzzle are: Gregory Dreher (Conseco); Andy Gennarelli (Centene Corporation); Paula Hodges (Allstate); Ken Longerman (Modern Woodmen); Lee Michelson (Office of the Insurance Commissioner, Washington); Tim Swankey (Disability Management Services); and Cameron Williams (Segal).
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Articles Needed
by CompAct Newsletter
Your help and participation are needed: Articles, book reviews and other information on technology useful to actuaries are needed!
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SOA 2010 ELECTIONS: LET YOUR VOICE BE HEARD!
The SOA 2010 election is just around the corner. Online voting will be open 24 hours a day from Aug. 9 through Sept. 3 at 5:00 p.m. Central Daylight Time.
Visit SOA.org/elections to learn more about candidates for SOA president-elect, vice president, board of directors and section council positions-and to vote.
Have questions? E-mail elections@soa.org.
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