Description: This article discusses important implications of the upcoming Long-Duration Targeted Improvements (LDTI) accounting change for the modeling actuary. We discuss the modeling implications of new GAAP standards for Market Risk Benefit (MRB), including identification of MRBs, implementation of fair valuation in actuarial systems and retroactive determination of at-issue valuation inputs for transition. We also examine the modeling implications of the other aspects of the accounting change, including Liability for Future Policy Benefit (LFPB), Deferred Acquisition Cost (DAC), and other transition and disclosure requirements

Description: Actuaries understand the technical benefits of converting their models to a modern actuarial system, such as new capabilities and upgraded technology. This article highlights additional, non-technical benefits that also come with model conversion. These benefits include advancements in attitudes and capacities among the team and across the company.

Description: Historical and actuarial perspectives on the coronavirus events of 2020.

Description: As of September 2021, there are 8 recorded webinars available for free to Modeling Section members. Each of the 8 are described, as well as how to access them. There are other Modeling Section-related materials also pointed out (podcasts & newsletter)

Description: An observation is made regarding the impact interest rate scenarios have on VM-20 stochastic reserves.

Description: Chairperson's thoughts on the evolving nature of actuarial modeling, and results of a survey.

Description: An outline of a formal framework for describing models, inspired by the operational context of governance, management, and use of models.

Description: A data format for mortality tables along with applications.

Description: How do you make model output media worthy? This article explores considerations that may contribute to the mass production of model results for public consumption.

Description: A listing of the 2016 modeling-related sessions and webcasts from the SOA. Most meeting session recordings are available for free to SOA members.