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The Modeling Platform, November 2017, Issue 6
The Modeling Platform, November 2017, Issue 6 November 2017 issue of The Modeling Platform by the Modeling ... Practical information for actuaries, trends that impact section, section activities. model validation;asset ...- Authors: Society of Actuaries
- Date: Nov 2017
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; 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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Actuarial Modeling Systems: How Open We WANT Them to be vs. How Closed We NEED Them to be
to be Comparison of open code and closed code actuarial modeling systems, focusing on advantages and disadvantages ... disadvantages of each group. Modeling;Model conversion;Model validation;Software implementation;Open ...- Authors: Alexander Zaidlin, James Christou, Ravi Bhagat
- Date: Nov 2017
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Leadership>Thought leadership; Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Modeling & Statistical Methods>Modeling efficiency; Technology & Applications>Software
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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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Long-Term Care Modeling, Part 2: First-Principles Modeling
Long-Term Care Modeling, Part 2: First-Principles Modeling This ... article is the second installment of a three-part series and is focused on providing an overview of LTC modeling ...- Authors: Lo Linda Chow, Jeremy Levitt, Yuan Yuan, Laura Knab
- Date: Nov 2017
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Modeling efficiency
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Actuarial Model Component Design
Actuarial Model Component Design The article describes the key components of actuarial model, leading practices ... practices in designing them, and characteristics of well-built models. Asset modeling;Deterministic models;Modeling ...- Authors: Bill Cember, Jeffrey Yoon
- Date: Nov 2017
- Competency: Results-Oriented Solutions>Actionable recommendations; 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: Modeling & Statistical Methods>Asset modeling; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Stochastic models
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Making Spreadsheets Great Again
Making Spreadsheets Great Again How to deal with worst practices in spreadsheets and still have verifiable results. ... verifiable results. Incredibility theory;Tactical risk 6442479739 11/1/2017 12:00:00 AM ...- Authors: Robert Crompton
- Date: Nov 2017
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices
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Chairperson's Column
Chairperson's Column This article discusses communication skills and some pointers ... and some pointers for actuaries looking to refine the way that they communicate model results. Management ...- Authors: Bruce Rosner
- Date: Nov 2017
- Competency: Communication>Oral communication; Communication>Written communication
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices
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Letter from the Editors
Letter from the Editors Overview of the newsletter, random musings. Model Validation;Modeling Efficiency ...- Authors: Phillip Schechter, Mary Campbell
- Date: Nov 2017
- Competency: Professional Values>Practice expertise
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Professional development