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: Feature article discussing futurism and a study that contains in-depth descriptions of the Delphi and TIA methods; listings of the rationales and thought processes, the plausible future developments that could influence the values of these four economic variables and the resulting “fan of possibilities” for the values of these variables

Description: This paper highlights the impact on shareholder equity and AOCI due to the introduction of LDTI during a period of falling interest rates. The paper is intended to provide an example of an analysis that will help actuaries explain the interaction of LDTI and falling interest rates.

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 introduces the JRMS library, how one can access it and what books are added this year.

Description: This article introduces the JRMS library, how one can access it and what books are added this year.

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: The article discusses the impact of changes made to Internal Revenue Code Section 7702 by the ConsolidatedAppropriations Act, 2021. The Consolidated Appropriations Act made changes to the interest rates used calculatethe Section 7702 premium and cash value funding limitations for life insurance contracts

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: This article describes Medicare Supplement and short-term care products in more detail, and we compare their risk profiles. We explore the concept that these two products—when offered together—may provide a complementary hedge of certain policyholder behavior risks.

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: Risk management reports that are relevant to general insurance matters are available for download below.

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: This article analyzes, understands, and discusses the impact of the upcoming Principle-Based Reserving (PBR) on non-variable deferred annuities.

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: Interview with Karen Lockridge, FSA, FCIA and Francisca Quinn regarding fiduciary concerns with and future outlook for Environmental, Social and Governance (ESG) investing.

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: This article focusses on the results of a June 2020 survey by the Leadership and Development Section of the SOA on working remotely as an actuary. The article presents the questions and responses of the survey, and commentary on how to successfully navigate the remote work environment as an actuary - from the perspective of both a current organizational leader, and as a future organizational leader.

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.

Description: View the Fall 2020 Corporate Finance And ERM — Strategic Decision Making Exam.

Description: View the Fall 2020 Enterprise Risk Management – Individual Life & Annuities Extension Exam.

Description: View the Spring 2021 ERM – Enterprise Risk Management Exam Case Study.

Description: This article describes how to externalize code of Moody's Axis platform to Visual Studio, so that all the actuarial calculation code run through corporate DevOps pipeline. This article gives specific examples of the author has used in his job to accomplish automated model governance.

Description: Read the November 2020 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: View the Spring 2021 QFI – Investment Risk Management Exam Syllabi.

Description: View the Spring 2021 QFI – Quantitative Finance Exam Syllabi.

Description: View the Spring 2021 CFE – Strategic Decision Making Exam Syllabi.

Description: View the Fall 2020 Life ALM and Modeling Syllabi.

Description: View the Spring 2021 ERM – Enterprise Risk Management Exam Syllabi.

Description: View the Fall 2020 Quantitative Finance and Investment Portfolio Management Exam Syllabus.

Description: View the Course Overview Study Note for the Strategic Decision Making (SDM) Exam.

Description: View the Spring 2021 ERM Introductory Study Note.

Description: View the Corporate Finance and Enterprise Risk Management (CFE)Course Study Note: How Business Dynamics Applies to Actuaries.

Description: View the Spring 2021 GH – Finance & Valuation Canada Exam Segments A and C Syllabi.

Description: View the Spring 2021 Quantitative Finance And Investment—Investment Risk Management Introductory Study Note.

Description: View the Spring 2021 Individual Life And Annuities Life Finance And Valuation, Canada Introductory Study Note.

Description: The personal auto insurance industry is constantly changing. There are small and steady changes over time (e.g., inflation affecting the cost of repairs or general progress in the safety of vehicles) and sharp spikes (e.g., disasters and legislation). That change has never been more apparent with the Covid-19 pandemic, civil unrest, and driverless cars all presently having a significant impact on personal auto insurance.

Description: The personal auto insurance industry is constantly changing. There are small and steady changes over time (e.g., inflation affecting the cost of repairs or general progress in the safety of vehicles) and sharp spikes (e.g., disasters and legislation). That change has never been more apparent with the Covid-19 pandemic, civil unrest, and driverless cars all presently having a significant impact on personal auto insurance.