Description: Chronicles the journey made by Allstate to enhance its process for managing risk and ultimately find ways to better exploit risk opportunities.

Description: Internal modernization initiatives and external changes of the financial reporting regulations (e.g., LDTI, IFRS 17) increase the amount of validation activities for actuarial models. In addition, the use of predictive analytics in actuarial modeling requires a different set of validation skillsets/techniques in model validation. These internal and external forces call for a structured, streamlined and robust model validation practice.

Description: The Society of Actuaries’ Committee on Finance Research and Joint Risk Management Section Research Committee are pleased to make available a research report developing a framework for quantifying and analyzing various forms of contractual designs.

Description: Report summarizing the results of the 2019 PBITT UL with Secondary Guarantees Survey.

Description: 2021 Life Meeting - Session 6D: The Importance of Joint Credit-Market Risk Modeling 8.31.21 Recording

Description: 2021 ImpACT Conference - Session 10E: Azure Synapse for Actuaries | Solvency II Use Case 10.28.21 Recording

Description: Come discuss modeling costs and its governance, as well as introduce some platforms for more granular asset modeling.

Description: Recent regulatory developments and ASOP 56 have reinforced the need for robust governance over actuarial models, but there is no one-size-fits-all solution. Design and implementation of an efficient and sustainable model governance framework requires customizing various aspects (e.g., risk rating system, ownership and responsibilities, usage of testing and documentation templates) to fit each company's unique culture and organizational structure.