Description: Provide high level summary of predictive modelling.

Description: This article is to outline the new requirements for valuation rates in VM-22, highlighting key differences and example calculations to enhance understanding.

Description: How Vitality's Shared Value insurance model aligns the incentives of policyholders with insurer to improve health and create and share actuarial surplus.

Description: Read the June 2018 issue of Taxing Times published by the The Taxation Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The article discusses industry practices relating to US GAAP SOP 03-1 valuation for universal life with secondary guarantee products.

Description: This article will focus on introducing where IFRS17 differs from US GAAP conceptually, and key aspects of this paradigm shift from actuaries’ perspective.

Description: This paper provides actuaries with background and scientific knowledge to understand global climate change and climate model projections for the 21st century.

Description: This research summarizes surveys of individuals 85+ years old, and children of individuals 85+ years old looking at post-retirement experiences.

Description: View the Fall 2018 ERM Introductory Study Note .

Description: This is a finalist submission for the 2018 Student Case Study Challenge.

Description: View the Fall 2018 Fall 2018 Introductory Study Note Group and Health—Core, Canada Introductory Study Note .

Description: Applying behavioral-science and shared-value principles to insurance is a win-win proposition for both insurers and clients.

Description: This article examines the relationship, future and current, between insurance agents and technology and determines that technology can enhance/optimize agents.

Description: View the Fall 2018/Spring 2019 Quantitative Finance Investment Advanced Exam Syllabi.

Description: May 2018 issue 75 of NewsDirect

Description: Description of the stage of development of economic risk-based solvency regulation in Latin America, with focus on Brazil, Mexico, Chile, Colombia, and Peru.

Description: Fall 2018 syllabi.

Description: Fall 2018 syllabi.

Description: This paper proposes weighted fund style analysis as a better method to hedge market risks of variable annuities.

Description: program for the 52nd Actuarial Research Conference.

Description: This presentation considers a stochastic model for a target benefit pension fund in continuous time.

Description: This abstract describes a paper that provides a quantitative framework in which two risk management strategies are mathematically formulated.

Description: This presentation establishes a bang-bang solution for the optimal withdrawal strategies.

Description: This abstract describes a paper in which two different simulation studies are made for dynamic financial analysis.

Description: Review the table of contents for 2018.1 Actuarial Research Clearing House.

Description: This report concerns optimal new business written premium mix at the firm and state levels under varying competitive conditions.

Description: The CIA, SOA and Joint Risk Management Section of the CAS, CIA, and the SOA sponsored a whitepaper on the application of ERM at a federal government level.

Description: This article explores several ideas about in-force management and product innovation that may help the industry to reboot, in order to continue protecting Americans against the financial

Description: This paper applies GPUs and deep learning to achieve orders of magnitude performance improvement in the valuation of large portfolios of variable annuities.

Description: Read the April 2018 issue of Long-Term Care News published by the Long Term Care Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: An introduction to creating Shiny web applications, with sample code available to reproduce the interactive application displayed in screenshots in the article.

Description: Chairperson's Corner

Description: Full issue of Predicative Analytics and Futurism Section, Issue 17, April 2018

Description: Issue 57 | CompAct

Description: April 2018 issue of The Modeling Platform by the Modeling Section. Practical information for actuaries, trends that impact section, section activities.

Description: Tools that should be in place to support a validation program and covers a case study of a validation of an Actuarial Guideline 43 (AG43) model.

Description: A Post Retirement Needs and Risks presentation originally given to a local actuarial club, but is suitable for a wide variety of venues.

Description: This Effective Enterprise Risk Management (ERM) Stakeholder Engagement report examines practices for gaining acceptance of a proposed ERM strategy. The researcher has identified the factors, processes and practices that lead to both poor and strong levels of stakeholder acceptance.

Description: This paper summarizes the results of a survey of waiver of premium/monthly deduction rider assumptions and experience.

Description: Read the French language version of the March 2018 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the March 2018 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This report focuses on analyzing and managing climate change and carbon risk in the equity investment portfolios of insurance company and pension fund assets.

Description: 2018 Asia Pacific Symposium registration card.

Description: Key formulas for SOA's Quantitative Finance and Investment Core Spring 2018 exam.

Description: Insurance companies utilize derivatives in a variety of ways to manage and mitigate risks that are inherent in their investment or liability portfolios. They can be characterized by three main features: medium long-term duration; large volumes; and significant market risk exposure. Given the persistent low interest rate environment across the curve since the 2008 financial crisis, large companies need to hedge their liabilities, as illustrated by the significant recent increase from $786 billion as of fiscal year 2010 to $1,885 billion as of FY 2014 by insurance companies.As the Variable Annuities (VA) guarantees embedded within those liabilities hold a strong convex risk profile with respect to the underlying stock, VA carriers need to buy some convex hedge assets such as options to match the liability risk profile to improve hedge effectiveness, implying the growing cost of hedging. Such market impact of the quantity on the cost of hedging is further magnified in the recent period with the short-lived, but sharp transitions from low volatility to high volatility, when market volatility suddenly increases, even when there were no well-known fundamental catalysts. This partially stems from the growing managed volatility funds embedded within VA ($bn 400).VA carriers willing to trade a large quantity of options will see such market impact as an important dilemma, as the cost of placing one large order to close position will be far greater than the sum of infinitely small orders differed in time. In that context, managing market impact requires introducing an explicit market impact function, the influence of which the agent will try to minimize. The effect on hedge asset prices significantly depends on whether there is or not significant delta hedging activity. In case of no significant delta hedging activity, the risk appetite has a significant influence on the optimal execution strategy. If there is significant delta hedging activity, the optimal trading involve

Description: View the Spring 2018 Enterprise Risk Management Exam Case Study.

Description: View the Fall 2017 ILA LP Exam Solutions.

Description: View the Fall 2017 ERM GI Exam Solutions.

Description: View the Fall 2017 ERM INV Exam Solutions.

Description: View the Fall 2017 ILA LRM Exam Solutions.

Description: View the Fall 2017 ERM RET Exam Solutions.

Description: View the Fall 2017 QFI CORE Exam Solutions.

Description: View the Fall 2017 ERM ILA Exam Solutions.

Description: View the Fall 2017 QFI ADV Exam Solutions.

Description: View the Fall 2017 RET RPIRM Exam Solutions.

Description: View the Fall 2017 RET FRC Exam Solutions.

Description: View the Fall 2017 CFE SDM Exam Solutions.

Description: View the Fall 2017 ERM GC Exam Solutions.

Description: View the Fall 2017 ERM GH Exam Solutions.

Description: A brief description of current events and techniques that may impact trend models.

Description: Read the February 2018 issue of Health Watch, published by the Health Section. Practical information for actuaries, articles impact sections, section activities.

Description: Read the February 2018 issue of Risks & Rewards published by the Investment Section.

Description: Article introducing a new department in the newsletter by the section's SOA staff partner.

Description: A comprehensive literature review on demographics and asset returns plus model specifications relating to housing prices.

Description: This article examines how the choice of the rebalancing frequency in a variable annuity hedging program impacts hedging.

Description: Read the February 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Provide high level summary of changes to Valuation Rates for Payout Annuities and similar contracts.

Description: This interview article summarizes the work being done by a Health Section Strategic Initiative Committee.

Description: The CMS Risk adjustment model allows actuaries to apply our analytical skills and business knowledge to solve risk and revenue challenges within Health Plans.

Description: Case study evaluating CME Group US Treasury futures and options as a key rate duration (KRD) adjustment tool.

Description: Results of the PBITT Working Group annual VA Survey.

Description: This study is intended to educate insurance professionals on historical insurer impairments and insolvencies and possible future prevention indicators.

Description: Read about the Investment and Financial Markets Study Note.