Description: This teaching session is about conveying to users of models and forecasts how uncertain the outcome of stochastic projections really is.

Description: This article shares our experience of using the cloud to do large-scale parallel processing and discusses some background regarding the cloud.

Description: This paper reviews state and federal regulation of investment advisers as it applies to personal actuaries and advocates action steps.

Description: The pension and longevity risk transfer market is growing rapidly, with British-pioneered pension and longevity de-risking emerging outside of the UK and US, with over $270bn in transactions completed globally since 2007. Emerging markets include the Netherlands, Germany, Switzerland, France and Australia. This article describes the solutions available to plan sponsors who are looking to secure member benefits and achieve a lower risk future, and provides real-world examples of companies who have used innovative solutions to meet their unique needs.

Description: Importance of bringing the DevOps mechanism in order to reduce the operational risks and to create a stable audit compliance practice in Actuarial world.

Description: The article summarizes PLRs 201515001 and 201519001, in which the IRS addressed the treatment of a non-qualified deferred annuity contract under the investor control doctrine and other applicable rules. The contract provides a guaranteed lifetime withdrawal benefit and investment options that correspond to “public” mutual funds. The IRS concluded that the investor control doctrine will apply to treat the contract purchaser as the owner of the mutual fund shares for federal income tax purposes. The IRS also addressed certain other tax aspects of the arrangement. The effect of the rulings is that the contract will be taxed similarly to a contingent deferred annuity (where the policyholder holds the mutual fund shares in his or her own brokerage account), while being structured like a traditional deferred variable annuity (where the insurance company holds the shares in its separate account).

Description: How to deal with worst practices in spreadsheets and still have verifiable results.

Description: This article discusses the emergence of multi-processor computers and the importance of acquiring parallel computing skills.

Description: This article discusse key considerations to account for while planning for and executing the initial actuarial model handoff from development to production.

Description: The financial sector should provide financial security and allocate capital well. As its preeminent professionals actuaries have particular responsibilities.