Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • The next step forward: Can one actuarial system do it all?
    The next step forward: Can one actuarial system do it all? ... The next evolution of actuarial systems in the U.S. will likely be a move toward a single system solution ...

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    • Authors: Corey A Carriker, Jason Morton, Ryan Kiefer
    • Date: Dec 2015
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Stochastic models
  • The Modeling Platform
    By Trevor Howes 9 Model Eff iciency in the U.S. Life Insurance Industry By Tony Dardis 17 A ... MODELING PLATFORM | 9 Model Eff iciency in the U.S. Life Insurance Industry By Tony Dardis In a life ...

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    • Authors: Society of Actuaries
    • Date: Apr 2016
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Actuarial Profession>Competencies; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models; Technology & Applications>Software
  • How to Keep Your Spreadsheets Out of the Headlines
    spreadsheet creation and control are: • Documentation tab(s): high-level notes on purpose, in- structions on proper ... values, but no indication whether the values are in U.S. dollars or in euros, this can create a great deal ...

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    • Authors: Mary Campbell
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Technology & Applications>Software
  • Adding Value with Model Validation
    Enterprise Risk and Capital Models” by M. Stricker, S. Wang and S. Strommen1 • “Anatomy of Model Validation Case ... and implementable) recommenda- tions. Variable annuity hedging is a very complicated process. AG43 models ...

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    • Authors: Winston Hall, Veltcho Natchev, Mike Minnes
    • Date: Nov 2017
    • Competency: Communication>Active listening; Communication>Difficult message delivery; Leadership>Change management; Leadership>Thought leadership; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance
  • Excel Modeling Governance: What Can We Do Better?
    the form of a discussion across a meeting room table, or a brief email containing high-level model requirements ... (roughly equivalent to a Chapter 7 bankruptcy for U.S. readers). This is where a third-party reviewer ...

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    • Authors: Tim Heng
    • Date: Apr 2017
    • Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices
  • Model Governance Checklist
    Model Governance Checklist This article covers the American Academy of Actuaries’ “Model Governance ... in-force files, rate tables (e.g., premiums, mortality, interest, asset default) and model point policy ...

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    • Authors: Michael Failor
    • Date: Apr 2017
    • Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance; Technology & Applications>Software