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Adding Value with Model Validation
Adding Value with Model Validation We define what we believe a model validation should entail and ... entail and the value proposition that it offers. Model validation;Audits;Enterprise Risk Management ...- Authors: Winston Hall, Veltcho Natchev, Mike Minnes
- Date: Nov 2017
- Competency: Communication>Active listening; Communication>Difficult message delivery; Leadership>Change management; Leadership>Thought leadership; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance
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The Modeling Platform
The Modeling Platform The April 2016 Issue of The Modeling Platform Financial accounting controls;Standards ... controls;Standards of practice;Operational risks;model validation;modeling efficiency;assumptions;ERM;Product ...- Authors: Society of Actuaries
- Date: Apr 2016
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Competencies; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models; Technology & Applications>Software
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And What About Model Efficiency Governance?
intersection of them that should be of growing interest to modeling actuaries. This column from the Modeling ... explores this area, asking how we will govern the increasing use of innovative modeling efficiency techniques ...- Authors: Trevor Howes
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
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Long-Term Care Modeling, Part 3: Model Validation
Article from The Modeling Platform November 2018 Issue 8 28 | NOVEMBER 2018 THE MODELING PLATFORM ... Yuan The increasing complexity of models and reliance on them has been accompanied by a wave of validations ...- Authors: Jeremy Levitt, Lo Linda Chow, Yuan Yuan, Laura Knab
- Date: Nov 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Modeling Platform
- Topics: Long-term Care>Long-term care insurance
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Model Governance Checklist
Model Governance Checklist This article covers the American Academy of Actuaries’ “Model Governance ... Governance Checklist This article covers the American Academy of Actuaries’ “Model Governance Checklist” ...- Authors: Michael Failor
- Date: Apr 2017
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance; Technology & Applications>Software