Description: Analytics, big data and predictive modeling are red-hot buzzwords and compelling mandates in the insurance industry. As the demand for analytics and big data continues to increase, how does the actuarial experience and perspective fit in? Margaret Resce Milkint of The Jacobson Group discusses the current state of the analytics field and strategies for ensuring that actuaries and their skill set remain relevant in the growing word of analytics.

Description: In this article, the author comments about an exposure draft of a proposed revision of Actuarial Standard of Practice 23 dealing with data quality.

Description: A review of a webcast on Sarbanes-Oxley including a brief update on Sarbanes requirements, including some practical aspects of the Sarbanes “life cycle,” including living with Sarbanes beyond implementation.

Description: Key findings from a market research study which the SOA undertook as part of their strategic initiative: Untapped Opportunities for Actuaries in Health.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: Book review for An American Philosophy of Social Security written by the chairman for the original Social Security Advisory Council and discusses the original and subsequent thinking about social security.

Description: A review of 'Life Contingencies' by Alistair Neill, to be used as a textbook for the Institute and Faculty of Actuaries examinations.

Description: From the 1985 Valuation Actuary Symposium. A discussion of the principles that should be part of a life insurance valuation. Also discussion of emerging actuarial professional standards of practice and regulatory requirements with respect to methodology for assessing reserve adequacy.

Description: This paper presents a generalization of the principal current methods of financial decision making. In the way physical sciences benefit from new general theories that encompass those theories they succeed, the science of finance can benefit from the development of a general framework that encompasses many of the current methods of financial analysis. The paper develops a general framework for financial decision-making from a few simple axioms of rational economic behavior.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the current life insurance company merger and acquisition environment, and determining the value of a life insurance company. Topics include the actuarial valuation methodology, including the just adopted actuarial standard of practice, investment analyst valuation, and the risks associated with change of control. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.