Sensitivity Testing and Setting Margins Webcast

Date

June 27, 2017

  • Technical Skills & Analytical Problem Solving


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 |  Registration  |  Presenter & Moderator  |  CPD

 

Presented by

Smaller Insurance Company Section

Time

Noon-1:30 p.m. ET

Location

This webcast takes place via the Internet.

Registration Fees

Registration is now closed. The SOA Customer Service Center is available to assist you Monday through Friday, 8:00 a.m. to 5:00 p.m. CDT. Please call +1-888-697-3900.

Who Should Participate

Actuaries who work with and review actuarial models.

Description.

Principle Based Reserves, Cash Flow Testing, Product Pricing, and Risk Management all rely on identifying and quantifying the material risk factors associated with modeled blocks of business. Targeted Sensitivity Testing is an integral part of establishing the objective standards for determining materiality and to test the adequacy of margins for adverse deviation. This webcast will demonstrate how to set up sensitivity testing, review sensitivities, and establish margins that are adequate, appropriate and compliant. As the Simplified Methodology Research Project provides a Multi-Risk Scenario Generator that will assist actuaries in this process, this webcast will instruct how to begin using this new tool.

How the live webcast works and what it includes

You do not need any special equipment. On June 26, 2017, before 2:00 p.m. ET you will be sent detailed webcast instructions via email including the Web address for accessing the presentation. Any handouts that are available will also be sent.  You will follow along with both the slide presentation and the audio portion of the broadcast over the Internet.  The registration fee includes:

The registration fee includes:

  • One access code to the live webcast;
  • One Internet connection;
  • One phone connection (to be used only if experiencing sound issues or if in a conference room with a group);
  • One set of presentation materials; and
  • Access to the subsequent webcast recording.

Please note that each access code may only be used for  one location , even if you register for more than one participant.

Post-Webcast Purchase Opportunity

For those who are interested in SOA webcasts but are unable to participate in the live event, access to an archived recording of the webcast will be available for purchase approximately 10 business days following the event by using the following  link .

Back

Legend

Communication

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.

Leadership

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.