Description: Actuarial systems access and change controls are hot topics these days as modeling continues to increase in complexity and as new modeling regulations may begin to crest over the horizon. Many companies are currently in the process of either formalizing their actuarial system access and change control protocols, or are reevaluating and strengthening their existing control processes in response to identified deficiencies or in conjunction with new actuarial system implementations. With these undertakings in mind, this article discusses a number of valuable components commonly incorporated in formal systems access and change control protocols. Also discussed are leading practices identified in the SOA publication “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context of a Model-Based Valuation Framework (December 2012)”, and from the Institute and Faculty of Actuaries.

Description: Actuarial modelers need to engage and leverage IT expertise in the design, maintenance, and control of actuarial models.

Description: Panelists discuss the impact that technological advances – especially advances in computer technology – have had on society and the insurance industry in particular. They also consider the impact such advances in the future will have on the job of the actuary. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: This digest of special presentation by the Committee on New Recording Means and Computing Devices reviews progress in technology and describes the approach to an electronic operating system for Ordinary insurance. This discussion highlights and describes Punch Card Computer operation and Magnetic Tape computers.

Description: This is a summary of a more extensive paper on the question of a programming language. This article discusses the trend to develop computer languages for the subject-matter specialist instead of for the professional programmer or computing machinery.

Description: Discussion of how to apply FinTech and IT processes and technologies to building an in house actuarial models.

Description: Read the December 2017 issue of Predictive Analytics & Futurism published by the Predictive Analytics & Futurism Section.

Description: This discussion reviews progress made in the application of electronic data processing machines to smaller company operations as well as cost-benefit considerations.

Description: Article discusses managing IT systems properly to avoid infrastructure problems by looking at alignment, user experience and technology.

Description: Briefly reviews the history of Information Technology, IT, in the life insurance business. It then talks about the emerging trends in IT management and the impact they likely will have on the work of the life insurance actuary.