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Gaining Trust in Predictive Models—an Actuarial Perspective
order to understand this model selection process, it’s essential for the validator to understand how various ... duration is more significant than moneyness in the MIC table below. (see Figure 5) Figure 5 Illustrative Example ...- Authors: David Alison FSA (David)
- Date: Sep 2021
- Competency: Communication; External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Predictive Analytics>Modeling techniques; Predictive Analytics>Quality control & model governance; Technology & Applications>Artificial intelligence & machine learning
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What Retirement Plan Features Do Employees Really Want?
benefits?” they are very likely to say “yes.” What’s not to like about survivor benefits? Rather than asking ... survivor benefits must be very important. However, it’s rarely that simple. The presence of other features ...
- Authors: Patrick Ring
- Date: Mar 2023
- Competency: Communication; External Forces & Industry Knowledge; Results-Oriented Solutions
- Topics: Pensions & Retirement; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Plan design; Pensions & Retirement>Retirement risks
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Actuarial Teaching Conference: Using Keywords to Improve Learning and Instruction
refer to subtraction or division? Consider: (1) Sammy’s mother insists on him having 3 drinks of milk today ... $9 on the table. Her brother took $6 from the table. How much money was left on the table? (2) Julie ...
- Authors: Russell Hendel
- Date: Apr 2023
- Competency: Communication; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession; Actuarial Profession>Professional development
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An Actuary and ... Chess Master
I learnt I was fascinated. I enjoy it because it’s a game of skill, and it has enough complexity that ... 1873 but only men played until 1978, when a Women’s Board was added – though your score only counted for ...
- Authors: Ronald Poon-Affat
- Date: Mar 2024
- Competency: Communication
- Publication Name: Reinsurance News
- Topics: Actuarial Profession; Reinsurance
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I Didn’t Take All of Those Actuarial Exams for Nothing
Exams for Nothing A story about a mother/actuary’s journey of discovering her work-life balance through ... thing to happen, you might wait for a long time. It's like waiting for all the traffic lights to be green ...
- Authors: Tamara Lea Wilt
- Date: Dec 2022
- Competency: Communication; Leadership; Professional Values; Relationship Management
- Publication Name: Small Talk
- Topics: Actuarial Profession
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Our Value-Based Cup Runneth Over
Honestly, we’re not sure. (We just looked it up. It’s 37.) To make things more complicated, each contract ... of inconsistency across value-based contracts, let’s dive into one important piece of these arrangements: ...
- Authors: Daniel Reck (Dan), Lisa Swan, Sam Johnmeyer
- Date: Aug 2022
- Competency: Communication; External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Health Watch
- Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM; Health & Disability>Chronic health management - Health & Disability; Health & Disability>Health care quality; Health & Disability>Health insurance; Health & Disability>Payment models; Health & Disability>Provider risk
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A Spectrum of Solutions Series: Part 1—Non-public Options
policies, Retiree medical, Reverse mortgage, Alzheimer's disease and dementia, Chronic illness management ... shopper’s guide[1] breaks down costs of care (as of 2019) into three buckets, as shown in Table 1. These ...
- Authors: Nathan Worrell
- Date: Jan 2022
- Competency: Communication; External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Topics: Long-term Care; Public Policy; Public Policy; Long-term Care>Funding - Long-term Care
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Meet Your President-Elect and Vice Chair John Robinson, FSA, MAAA, FCA
22 years, some to mention are: Chair of Nationwide’s Actuarial Diversity Committee, IABA-vice president ... needs to intertwine with the Board’s vision in order to champion the SOA’s efforts. The SOA has a long-term ...
- Authors: Nathan Dennis Pohle, Kwesi S Acquah
- Date: May 2022
- Competency: Communication
- Publication Name: Actuary of the Future
- Topics: Actuarial Profession
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What Are the Odds?
it seem like something is always going wrong?” Let’s think about the problem like an exam question. You ... in your risk analysis. How do you answer the CEO’s challenge? Most of our pricing deals with expected ...
- Authors: Matthew Easley
- Date: Jan 2024
- Competency: Communication; Leadership; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Enterprise Risk Management>Portfolio management - ERM; Financial Reporting & Accounting; Enterprise Risk Management>Risk correlation
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An Interview with Tim Boonen
Boonen, the winner of the Society of Actuaries’ (SOA’s) second Actuarial Science Early Career Award. Expanding ... Boonen, the winner of the Society of Actuaries’ (SOA’s) second Actuarial Science Early Career Award. Expanding ...
- Date: Oct 2022
- Competency: Communication; External Forces & Industry Knowledge; Leadership; Professional Values
- Publication Name: Expanding Horizons
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Professional development