Description: Panelists discuss prevailing business models adopted by valuation departments to meet business needs. Two case studies are discussed as a means of illustrating how to optimize business processes and models for valuation purposes.

Description: This paper demonstrates an approach of modeling experience, and then interpreting the model and residual errors.

Description: This paper demonstrates an approach of modeling experience, and then interpreting the model and residual errors.

Description: This paper applies GPUs and deep learning to achieve orders of magnitude performance improvement in the valuation of large portfolios of variable annuities.

Description: At this session, experts will provide an overview of current statutory valuation issues pertaining to life and annuity products. The focus is on activities of the American Academy of Actuaries relative to principle-based approaches, but other matters will be covered, including the status of the NAIC valuation manual, life risk-based capital, developments at the NAIC affecting life insurance companies, and practice issues for appointed actuaries.

Description: Presented at May 2005 Spring Meeting. Panelists discuss strategies for increased modeling speed as risk management, valuation and product development activities have been requiring increasingly complex financial models.

Description: The next evolution of actuarial systems in the U.S. will likely be a move toward a single system solution. This article defines a single system solution and illustrates how models can be shared across actuarial functions, the potential benefits of a single system solution, and describes potential mitigation strategies to address typical actuarial concerns.

Description: Article What Actuaries Need To Know About Constructing Mortality Tables by Jones in The Actuary, February 1979, Volume 13, Number 2