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  • What is the Scope of Model Validation?
    models, we are validating models for pricing, valuation and hedging, to name a few. What is the first ... See page 27 for a process map for a generic valuation model in the suppliers, inputs, process, outputs ...

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    • Authors: Society of Actuaries, James McClure
    • Date: Aug 2014
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Actuary Magazine
    • Topics: Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Sensitivity testing; Pensions & Retirement>Assumptions and methods
  • Interest Sensitivity
    the Valuation Actuary. This report recom- mends significant changes in the role of the valuation actuary ... and in the general principles underlying the valuation of life insurance companies. 4. The Board adopted ...

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    • Authors: Charles L. Trowbridge
    • Date: Dec 1984
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: The Actuary Magazine
    • Topics: Modeling & Statistical Methods>Sensitivity testing