Description: The monograph walks the reader through the hindsight, insight and foresight building process while discussing theoretical and practical issues supporting the building of valid forecasts with provenance for each of these schema examples. That is, the analyst can document the iterative ‘profiling change processes’ mindscape and landscape elements by which and through which the successful forecast is built. This kind of forecast construction ameliorates the ‘black box’ problem of generating pattern output without an understanding of the pattern’s creation or contextual meaning that is often seen when using other methods, particularly machine learning and artificial intelligence. This issue is discussed, referencing appropriate thought leaders.

Description: Case study for Fall 2021 Exam ERM

Description: ILA LFMU Model Solutions Spring 2021

Description: QFI PM Model Solutions - Spring 2021

Description: CFE SDM Model Solutions - Spring 2021

Description: Early detection and assessment of insurer’s insolvency risk are critically important to regulators, insurers, policyholders, and investors for fiduciary assessment of insurer’s financial stability and for protection of potential financial loss associated with insurer’s insolvency. This proposed study aims to develop a market-based insolvency prediction model to detect financially distressed insurers at an early stage with the information content of higher moments from the market.

Description: Integrated Assessment Models (IAM) combine scientific scenarios that project changes in greenhouse gas (GHG) levels, resulting in global temperature increases and meteorological volatility when GHG increases, with quantitative economic models expanding on an aligned narrative.

Description: The Society of Actuaries’ Committee on Finance Research is pleased to make available a research report that develops a framework for applying deep learning and reinforcement learning techniques to optimal dynamic strategic asset allocation for Liability Driven Investment (LDI).

Description: View the Spring 2021 Corporate Finance And ERM — Strategic Decision Making Exam Case.

Description: View the Spring 2021 ERM Exam Case Study

Description: View the Spring 2021 Quantitative Finance And Investment—Quantitative Finance Exam.

Description: In this paper, we propose a novel class of propagation models to study the cybersecurity risks in fog computing cased IoT architectures, which are significantly different from the quantitative frameworks used in the existing cyber-related works within actuarial literature.

Description: This report is intended to serve as a guide to the InsurTech landscape for the actuarial community and insurance practitioners. InsurTech is the use of emerging hardware, software and user interfaces to address inefficiencies or opportunities in the insurance value chain. It often involves technology, data and analytics.

Description: The Retirement Section and Retirement Section Research Committee are pleased to make available a research report examining academic and practitioner research on low interest rates in the United States.

Description: The Retirement Section and Retirement Section Research Committee are pleased to make available a research report examining academic and practitioner research on low interest rates in the United States.

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: Fall 2021 QFI – Portfolio Management Exam Syllabus.

Description: Fall 2021 Quantitative Finance And Investment—Quantitative Finance Syllabi

Description: Fall 2021 Individual Life And Annuities Life Risk Management Syllabi

Description: Fall 2021 Foundations Of Corporate Finance And Erm Overview Note

Description: Fall 2021 Quantitative Finance And Investment—Investment Risk Management Syllabi

Description: Fall 2021 ERM – Enterprise Risk Management Exam Syllabi

Description: The 2020 Long-Term Care (LTC) Medical Symposium was a two-day conference that extracted the thinking of leading experts on historical and future trends that will influence LTC insurance (LTCI) claim expectations. The symposium focused on the ideas from experts outside of the LTCI industry for the explicit purpose of gathering fresh perspectives on the issues that LTCI companies face, such as expected timing of new claims onset, length of claim, life expectancy and cost of care. The 2020 symposium built on and complemented the first annual symposium held in 2018 and 2019. The focus in 2020 was on aging of the brain and how technology will impact the future of LTC caregiving. The symposium is not intended to quantify historical or future trends or to be prescriptive or specific about long-term care actuarial assumptions. Rather, the symposium aims to provide the long-term care actuary with environmental context for considering morbidity and other macro factors that may impact LTC experience in the long term.

Description: The purpose of this document is to inform the user of the 2022 Health Care Cost Model about the sources of data, other reports, and assumptions which were used to populate this report and drive some of the key considerations.

Description: This is the user guide to the MIM-2021 Application Tool

Description: Fall 2021 Quantitative Finance And Investment—Investment Risk Management Introductory Study Note

Description: The SOA Asia-Pacific Annual Symposium Presenter and Moderator Biographies

Description: Fall 2021 Corporate Finance And ERM — Strategic Decision Making Syllabi

Description: This issue of The Retirement Forum presents the four prize-winning papers from the Retirement 20/20 Call for Models for Public Pension Plans Contest, which was conducted in 2018, and includes commentary from reviewers of these papers and replies from the authors.

Description: This paper is about the use of the table as a vehicle of pedagogic delivery

Description: Fall 2021 ERM – Enterprise Risk Management Exam Introductory Study Note

Description: This article focuses on conceptualizing machine learning concepts.

Description: This presentation compares continuous-time multi-factor affine cohort mortality models and presents estimation results for an affine multi-factor, multi-cohort mortality model.

Description: The COVID-19 pandemic and its economic effects have resulted in significant insurance impacts. The General Insurance Research Committee (GIRC) of the SOA put forth a call for essays exploring the potential effects on commercial liability insurance. The committee selected this essay, “Evolving Trends in Commercial Liability Insurance,” submitted by Karl Canty and Varun Balutia of EXL, and awarded them a prize of $1,000. The GIRC congratulates the authors and is happy to publish the winning essay on The Actuary website

Description: This paper provides a high-level review of climate models for the actuary and shows they are not impenetrable, intriguing the reader enough to seek out additional resources.

Description: An essay received in response to the Committee on Post Retirement Needs and Risks Call for Essays exploring ideas and thoughts on working in retirement and phased retirement programs.

Description: A collection of essays received in response to the Committee on Post Retirement Needs and Risks Call for Essays exploring ideas and thoughts on working in retirement and phased retirement programs.

Description: Exam PA Model Solutions December 2020

Description: View the Call for Practical Application Essays on NAAJ Articles.

Description: View the ERM Case Study Spring 2021.

Description: The unprecedented losses associated with recent wildfires are yet another call to insurers to understand how climate change is impacting the landscape of fire hazards. In this report, to further advance understanding of relationship between fire hazard and climate change, for both academic and practitioner communities, we review emerging evidence showing that policies surrounding tree planting are increasingly important for fire hazard insurance. Furthermore, we discuss relevant risk factors and potential mechanisms when accounting for these policies.

Description: View the Fall 2020 ILA LFMC Exam Solution.

Description: View the Fall 2020 QFIPM Exam Solution.

Description: View the Fall 2020 CFESDM Exam Solution.

Description: View the Fall 2020 Quantitative Finance And Investment—Quantitative Finance Exam Solution.

Description: View the Fall 2020 Quantitative Finance And Investment—Investment Risk Management Exam Solution.

Description: View the Fall 2020 Life ALM and Modeling Exam Solution

Description: View the Fall 2020 ERM – Enterprise Risk Management GH DPA Exam Solution.

Description: View the Fall 2020 ERM – Enterprise Risk Management GH FVCC Exam Solution.

Description: View the Fall 2020 ERM – Enterprise Risk Management ILA Exam Solution.

Description: View the Fall 2020 ILA – Life Product Management Exam Exam Solution.

Description: View the Fall 2020 ERM – Enterprise Risk Management RET Exam Solution.

Description: We summarize some of the developments in corporate sustainability. The guiding principles of corporate sustainability are developed on the global stage, but implementation of these principles necessarily occurs at the individual company level. Our aim is to educate actuaries on the broad principles, point curious readers towards more research, and inspire actions that actuaries can take within their organizations to strengthen the long-term sustainability of the industries that actuaries serve.

Description: The Society of Actuaries Retirement Section is pleased to make available material that addresses the challenges in communicating pension risk to stakeholders.

Description: The Society of Actuaries is pleased to make available a research report that investigates defined benefit retirement plan de-risking activities for U.S.-based companies and the relative impact of various implemented strategies.

Description: View the Fall 2020 QFI – Portfolio Management Exam.

Description: View the Fall 2020 ERM – Enterprise Risk Management Exam Case Study.

Description: View the Fall 2020 Group and Health—Finance and Valuation–Canada Exam.

Description: View the Fall 2020 Quantitative Finance And Investment—Quantitative Finance Exam.

Description: View the Fall 2020 Group & Health Design and Pricing Exam – A Exam.

Description: View the Fall 2020 Individual Life and Annuities Life Financial Management, Canada Exam.

Description: View the Fall 2020 General Insurance - Financial And Regulatory Environment – U.S. Exam .

Description: View the Fall 2020 ILA – Life Product Management Exam Case.