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2021 GRET Recommendation
Recommendation 2021 Generally Recognized Expense Table (GRET) recommendations. Acquisition expenses, Life ... Life company expenses, Life insurance The SOA’s Committee on Life Insurance Company Expenses (CLICE) ...- Authors: Society of Actuaries
- Date: Aug 2020
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Life Insurance
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Bias and Fairness in Modeling and Underwriting
claims, electronic health records and credit-based mortality scores.[1] The use of new data sources and automated ... decommission models that are deemed high risk.[1] The U.S. has not been as prescriptive about AI regulation ...- Authors: Hareem Naveed, Benjamin Brew (Ben)
- Date: Sep 2022
- Competency: External Forces & Industry Knowledge; Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Actuary of the Future
- Topics: Modeling & Statistical Methods; Public Policy
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How We Became the Most Affordable UCAP-AC Program in Ohio
on problem-solving for Exam P. With Mr. Partridge’s expert guidance, the program attained UCAP-IC status ... fall 2019, I was tasked with upgrading the program’s SOA designation to UCAP-AC. Ohio has ample employment ...- Authors: Julan Al-Yassin
- Date: Jul 2022
- Competency: Communication; Professional Values; Relationship Management; Technical Skills & Analytical Problem Solving
- Publication Name: Expanding Horizons
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Mentoring; Actuarial Profession>Professional development; Predictive Analytics>Programming languages & tools
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The Future of Actuarial Models
of births and deaths. Since that day, the mortality table has had an impressive run as the core element ... inputs haven’t yet gone away. English Female Mortality. Publishers Charles & Edward Layton, Public domain ...- Authors: Nathan Worrell
- Date: Jul 2022
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Actuary of the Future
- Topics: Technology & Applications>Analytics and informatics; Technology & Applications>Software; Predictive Analytics>Modeling techniques; Technology & Applications>Artificial intelligence & machine learning
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PBR Considerations and Benefits for Smaller Insurance Companies
Principle Based Reserves, PBR, Life Insurance, Mortality, Reinsurance Support By Ali Balestra, Calvin ... reserve. Currently, PBR excludes products such as annuity, pre-need, guaranteed issue and group life and ...- Authors: Alixandra Balestra, Calvin Y K Yeung, Jeffery Stroller
- Date: Nov 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Experience Studies & Data; Experience Studies & Data>Mortality; Life Insurance; Life Insurance>Reserves - Life Insurance
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La gestion des risques d’investissement dans les conceptions contractuelles de produits
conceptions contractuelles de produits Life and annuity markets around the world have seen increasingly ... to financial risks in addition to traditional mortality and longevity risks. The risk assessment and modeling ...- Authors: Runhuan Feng
- Date: Sep 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Annuities>Capital - Annuities; Annuities>Guaranteed living benefits; Annuities>Pricing - Annuities; Annuities>Reserves - Annuities; Annuities>Product development - Annuities; Modeling & Statistical Methods; Annuities>Deferred annuities; Annuities>Living / Death benefit riders
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2007-2015 US Individual Disability Income Persistency Study
Society of Actuaries and LIMRA have sponsored a U.S. Individual Disability Income Persistency Study. ... the SOA Individual Disability Experience Committee’s analysis of claim morbidity; however, the two studies ...- Authors: Society of Actuaries
- Date: Mar 2020
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Health & Disability
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Coordinating VM-31 With ASOP No. 56 Modeling
performed for yearend 2020. The qualified actuary's focus was on the heavy lifting to be done with respect ... ASOP No. 56 in mind. This article focuses on VM-31's "Life Report" Section 3.D.2 on Cash Flow Models and ...- Authors: Karen Rudolph
- Date: Jul 2022
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting; Life Insurance
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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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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