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  • Life Insurance Company Statutory Valuation
    Life Insurance Company Statutory Valuation 1987 Valuation Actuary Handbook: Chapter 1: Addresses life ... life insurance company statutory reserve valuation. American Academy of Actuaries=AAA;Cash flow testing;Deferred ...

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    • Authors: Society of Actuaries
    • Date: Jan 1987
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Qualifications; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Using Deterministic Scenarios to Test Valuation Reserves for Universal Life
    Using Deterministic Scenarios to Test Valuation Reserves for Universal Life From the ... Deterministic Scenarios to Test Valuation Reserves for Universal Life From the 1985 Valuation Actuary Symposium ...

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    • Authors: Dennis Carr, Michael R Tuohy
    • Date: Jan 1985
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Actuarial Profession>Best practices; Actuarial Profession>Qualifications; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting
  • Small Talk
    Small Talk Metadata for entire issue Statutory Reserves;Principles-Based Reserves ... science;Audits;Model validation;Operational risks;Statutory valuation;principle-based reserves 6442466990 3/1/2016 ...

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    • Authors: Society of Actuaries
    • Date: Mar 2016
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance; Leadership>Influence; Leadership>Professional network leverage; Leadership>Thought leadership; Relationship Management>Relationships and trust; Relationship Management>Staff management and motivation; Relationship Management>Team leadership; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Small Talk
    • Topics: Actuarial Profession>Best practices; Actuarial Profession>Professional development; Annuities; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks; Life Insurance>Reserves - Life Insurance; Public Policy
  • My Expectations of Appointed Actuaries for Smaller Life Insurance Companies
    well beyond the limiting age of the mortality table. A policy’s issue date should not be earlier than ... commissions and net premiums, is a gross premium valuation needed? How do deferred, advanced and due and ...

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    • Date: Sep 2013
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Leadership>Influence; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Small Talk
    • Topics: Actuarial Profession>Best practices; Experience Studies & Data>Mortality; Financial Reporting & Accounting>Statutory accounting
  • The Modeling Platform
    opinions expressed herein are those of the individual authors and are not necessarily those of the ... critical path of the process—especially for valuation processes. In such cases, run time is a material ...

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    • Authors: Society of Actuaries
    • Date: Apr 2016
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; 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: Actuarial Profession>Best practices; Actuarial Profession>Competencies; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models; Technology & Applications>Software
  • Actuarial Guideline 51 Impacts to Regulatory View of Current Predominating LTC Risks
    guideline does not disallow the use of Gross Premium Valuation (GPV) tra- ditionally used to demonstrate adequacy ... unsure about. In 2017, the NAIC’s Long-Term Care Valuation Subgroup, a subgroup of the Health Actuarial ...

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    • Authors: Rhonda Ahrens, Frederick James Andersen
    • Date: Dec 2018
    • Competency: Results-Oriented Solutions>Actionable recommendations; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Long-Term Care News
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Financial management; Enterprise Risk Management>Risk categories; Enterprise Risk Management>Risk measurement - ERM; Experience Studies & Data>Long-term care - Experience Studies & Data; Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Long-term Care>Long-term care insurance
  • Why "Simple" Doesn't Mean "Transparent" Financial Modelling
    nests to get the result. That being said, no individual part of the formula is particularly difficult ... also faced with the challenge of interrogating individual cells to determine if an item has been calculated ...
    • Authors: Tim Heng
    • Date: Jul 2013
    • Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Actuarial Profession>Best practices
  • Excel as an IT System
    Excel as an IT System I was planning on writing this article about six months ago, and never ... meeting where all the requirements are put on the table and scoped out, spreadsheets are often born from ...
    • Authors: Tim Heng
    • Date: Oct 2012
    • Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Systematic risk; Technology & Applications>Software
  • How to Keep Your Spreadsheets Out of the Headlines
    can show patterns more effectively than just a table of values. The goal in spreadsheet development ... Underlying data may have changed without the piv- ot table being updated. A change in the underlying data may ...

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    • Authors: Mary Campbell
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Technology & Applications>Software
  • Adding Value with Model Validation
    complexity of financial products, the evolu- tion of valuation and capital requirements and the high- profile ... PBR is not just about technical changes to the valuation process. PBR requires model owners to describe ...

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    • 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