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The Rise of Python: Powerful, Robust Calculation Software
and opinions expressed herein are those of the individual authors and are not necessarily those of the ... build full end-to-end processes, such as regular valuation processes and ORSAs. It is a general-purpose programming ...- Date: Aug 2021
- Competency: Results-Oriented Solutions
- Publication Name: Health Watch
- Topics: Modeling & Statistical Methods; Technology & Applications>Analytics and informatics; Technology & Applications>Business intelligence; Technology & Applications>Computer science; Technology & Applications>Software; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Automation; Technology & Applications>Finance transformation; Technology & Applications>Visualization
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Calculation of Confidence Intervals for IBNR Estimates Using the Average PMPM Method
resulted in the allowed claims matrix shown in Table 1. Table 1 Step 4: Seasonally Adjusted PMPM Allowed ... amounts shown in Table 2 (emphasis added to lag month 5 for clarity of illustration only). Table 2 Step 5: Completed ...- Authors: Robert Lynch
- Date: May 2024
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Health Watch
- Topics: Financial Reporting & Accounting; Health & Disability
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Behavioral Economics and the Longevity Problem
transaction is absolutely certain to be zero. If the individual does buy life insurance, assuming no profit or ... we utilize mortality equal to the 2015 Valuation Basic Table (VBT) for a 35-year-old male nonsmoker.- Authors: Craig Reynolds
- Date: Feb 2023
- Competency: Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Annuities; Annuities>Payout annuities; Life Insurance; Life Insurance>Universal life
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A Fresh Look at IRC Section 7702: From a Technology Perspective
uncovered by testing in order to enable remediation. Valuation actuary, Corporate governance, Definition of life ... dataset, therefore not having to retrieve each individual value from the input source for each calculation ...- Authors: Sheryl Flum, Alexander Zaidlin, Drew Caulk
- Date: Feb 2022
- Competency: Results-Oriented Solutions
- Topics: Life Insurance; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Product development - Life Insurance
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CRITs: An Alternative Retirement Income Approach
accounts scattered about with prior employers or in Individual Retirement Accounts (IRAs).[1] Retirees can use ... transferred to the CRIT, the ages of the retiree and co-annuitant (if applicable), an assumed investment rate of ...- Authors: Mark Shemtob
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
- Publication Name: Retirement Section News
- Topics: Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Private sector plans; Pensions & Retirement>Post retirement risks; Pensions & Retirement>Retirement Investment Income Tontines (RITs)
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S&P Global’s Proposed Capital Model Changes and its Implication to U.S. Life Insurance Companies
important to understand RBC changes not only at the individual risk component, where the dominating impact from ... under $400 billion NAR. A new pandemic risk charge (Table A3 in the Appendix linked at the end of this article) ...- Authors: Yiru (Eve) Sun, Seong Weon Park, Jin-Heok John Choi
- Date: Aug 2022
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration
- Publication Name: The Financial Reporter
- Topics: Finance & Investments; Financial Reporting & Accounting
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Small Talk Issue 51
Small Talk Issue 51 July 2019 issue of Small Talk by the Smaller Insurance Company Section. ... section activities. Valuation actuary, Statutory reserves, Statutory Valuation, Risk transfer, Allocation ...- Authors: Society of Actuaries
- Date: Jul 2019
- Competency: Communication; External Forces & Industry Knowledge; Professional Values; Relationship Management; Results-Oriented Solutions
- Publication Name: Small Talk
- Topics: Actuarial Profession>Best practices; Life Insurance>Reserves - Life Insurance
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Actuarial Teaching Conference: Using Keywords to Improve Learning and Instruction
$9 on the table. Her brother took $6 from the table. How much money was left on the table? (2) Julie ... left $9 on the table. Her brother left $6 on the table. How much money was left on the table? We can now ...- Authors: Russell Hendel
- Date: Apr 2023
- Competency: Communication; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession; Actuarial Profession>Professional development
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Transforming FP&A Practices Post-LDTI and IFRS 17
benchmarks and metrics are often tied to one or more valuation and accounting bases; hence, any changes to the ... need for insurance companies to update outdated valuation systems and models. Companies across the globe ...- Authors: Vance Forrest , Casey Tan, Sahreen Moti
- Date: May 2024
- Competency: Results-Oriented Solutions
- Publication Name: International News
- Topics: Actuarial Profession
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SOA Accelerated Underwriting Reinsurer Practices Survey
direct companies. The top 10 drivers are shown in Table 1 below. Note that seven of the top 10 were the ... opinion, the reinsurers have some work to do here! Table 1 Top Drivers for the Best Design, Implementation ...- Authors: Allen Klein
- Date: Feb 2024
- Competency: Results-Oriented Solutions; Strategic Insight and Integration
- Topics: Life Insurance; Reinsurance; Reinsurance>Life reinsurance; Reinsurance>Pricing - Reinsurance; Life Insurance>Accelerated underwriting