Announcement: SOA releases April 2024 Exam FM passing candidate numbers.

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  • GAAP Accounting for Long-Duration Contracts: Ramifications for the Modeling Actuary
    GAAP Accounting for Long-Duration Contracts: Ramifications for the Modeling Actuary ... implementation of fair valuation in actuarial systems and retroactive determination of at-issue valuation inputs for ...

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    • Authors: Jean-Philippe Larochelle, Ryan Laine, Dave Czernicki
    • Date: Apr 2019
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: The Modeling Platform
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods
  • GAAP Long-Duration Targeted Improvements: Whether Largely a Compliance or Modernization Exercise, the Considerations for the Modeling Actuary are Numerous
    modelers often need to work in close contact with valuation, IT, and other areas to develop these BI reports ... strain on processing time to some degree for valuation purposes, but even more so when companies aim ...

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    • Authors: Ryan Laine, Dave Czernicki, Jean-Philippe Larochelle
    • Date: Apr 2021
    • Competency: Strategic Insight and Integration
    • Publication Name: The Modeling Platform
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Modeling efficiency