Description: In this article the author uses the backdrop of the Isner/Mahut 2010 Wimbeldon match that lasted an unlikely 183 games to discuss several diverse areas that provide opportunity for risk management.

Description: This article introduces IT DevOps to actuaries and how it is applicable to them to improve their modeling efforts and make them more efficient.

Description: Panelists discuss the NAIC new loss ratio requirements for limited benefit [supplemental] health plans and companies' responses to these requirements. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: Learn industry best practices including challenges faced by retirees, such as needing exposure to growth, most exposed to sequencing risk, and the need for smooth returns to avoid poor investor behavior caused by risk aversion. Other topics will include how to set investment objectives which consider the members’ real-world needs and how to build portfolios and implement risk management strategies to meet those objectives. The speaker will provide real-life examples/case studies.

Description: This session at the 1998 Valuation Actuary Symposium presents a framework for managing surplus based on the knowledge bases of the CFA designation and the SOA curriculum for the finance and investment specialty.

Description: As the use of predictive models and novel datasets becomes more prevalent, a focus on consumer protection is being highlighted by regulators, ethicists, and industry insiders. Over time, increased rigor should and will be applied in model development and implementation. These issues are not new. Hundreds of individuals have worked on these issues in the laboratory, the board room, and the court room. The Civil Rights Act of 1964, Uniform Guidelines of the US EEOC, the Principles for the Validation and Use of Personnel Selection and other sources are intended to protect the rights of citizens and consumers and provide guidance to professionals in the development and use of decision-making tools. Drawing heavily on examples and parallels from psychology and employment practices as well as other disciplines, concepts such as model bias, fairness, adverse impact, disparate treatment and the like will be presented. Suggestions to ensure model validity, demonstrate model and data relevancy and minimize the potential for adverse impact to protected classes will also be offered. Each of these considerations will be linked to recent dialogue and concerns in the Life Insurance sector.

Description: This article provides guidelines for practitioners of risk management. These guidelines fall under four general headings: 1. Understanding and fulfilling your role in the organization. 2. General risk management. 3. The use of derivatives. 4. Risk measurement systems.

Description: This paper investigates easy-to-implement techniques and tools developed to reduce sample-run errors and sampling bias arising from using small risk scenario samples to replicate a very large population distribution at the tails.

Description: This session discussion is about claim processing technology. Its artificial intelligence, medical expert systems, optical scanning and electronic claim submission. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: 1993 SOA Annual Meeting, New York. This session is about GIC alternatives and synthetics. What are the types of alternatives and what are the associated risks and rewards?