Announcement: SOA congratulates the new ASAs and CERAs for May 2022.

Experience Studies Educational Resources

The SOA offers a number of resource papers that would be helpful to actuaries who work on Experience Studies and/or Table Development.

Credibility Methods Applied to Life, Health and Pensions 

This paper provides the reader with an introduction on the usage and limitations of credibility methods. It also contains a listing of numerous examples of other literature on credibility.

Experience Study Calculations Educational Tool
The Society of Actuaries’ Exposure Calculations Project Oversight Group has completed its paper, which presents and explains the methods for determining rates based on experience, such as mortality and claim utilization rates.

A Practitioner’s Guide to Statistical Mortality Graduation
This paper outlines a statistical modeling framework for fitting mortality laws to mortality experience data. The process can be used as an alternative to traditional graduation techniques used in mortality table development.

Table Development
The Society of Actuaries has created this report as a reference document to assist actuaries in the creation of experienced-based tables for mortality rates, lapse rates, incidence rates, severity rates, and much more.