Credibility Theory for Pension Actuaries Webcast


June 23, 2016

  • Technical Skills & Analytical Problem Solving

Presented by

Pension Section


Since the rollout of new pension mortality tables in Canada and the U.S., there has been more attention paid to mortality assumptions for pension plans. With the increased attention on mortality assumptions, there is also an increasing awareness of the variability of mortality within different demographic groups and/or plan populations resulting in a desire for more customized assumptions. This has led to a renewed interest in credibility theory as a means for adjusting standard industry tables to better fit specific pension plan populations. 

Presenters on this webcast will provide a primer on credibility theory and discuss the application of credibility theory in the context of setting mortality assumptions for pension plans. They will also share resources available for further education and background. At the conclusion of this webcast, attendees will be able to explain basic credibility theory, describe different credibility approaches and apply credibility theory in setting pension assumptions.

This webcast recording is recommended to meet Enrolled Actuary continuing education requirements. While the sponsors of this program recommends this topic to satisfy 1.80 EA Core Continuing Education credit for Enrolled Actuaries, the final decision as to meeting this requirement rests with the Joint Board for the Enrollment of Actuaries.

Note: The recording available for purchase is intended for individual viewing. Only one EA credit certificate will be issued per recording purchase.




Demonstrating the listening, writing and speaking skills required to effectively address diverse technical and nontechnical audiences in both formal and informal settings.

Professional Values

Adhering to standards of professional conduct and practice where all business interactions are based on a foundation of integrity, honesty and impartiality.

External Forces & Industry Knowledge

Identifying and incorporating the implications of economic, social, regulatory, geo-political and business changes into the design and delivery of actuarial solutions.


Initiating, innovating, inspiring, creating or otherwise acting to influence others regardless of level or role toward a common goal.

Relationship Management & Interpersonal Collaboration

Creating mutually beneficial relationships and work processes toward a common goal.

Technical Skills & Analytical Problem Solving

Applying the actuarial knowledge, skills and judgment required to provide value-added services.

Strategic Insight & Integration

Anticipating trends and strategically aligning actuarial practice with broader organizational business goals.

Results-Oriented Solutions

Providing effective problem solving that addresses relevant interests and needs.