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  • Applied Modeling Concepts—Product Guarantees
    two sides to validation: static validation and dynamic validation. Static means you need to check that ... that the data model was reasonably accurate. Dynamic validation is looking at the projection and making ...

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    • Authors: Dennis L Stanley, James Stoltzfus, Don Wilson
    • Date: Jan 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Annuities>Guaranteed living benefits; Modeling & Statistical Methods
  • Software Tools for Asset/Liability Matching
    analysis of payout benefits and expenses, all the dynamic elements of the lapse scenario changes when the ... use those if you wish. CALMS allows for several dynamic assumptions -- assump- tions which change as the ...

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    • Authors: Clifford Angstman, Brian Bambrough, Dennis Carr, Shane A Chalke, Peter B Deakins, Sheldon Epstein, Douglas N Hawley, Alan W Sibigtroth, Roger W Smith, Steven A Smith, Dennis L Stanley, Mel Stein
    • Date: May 1987
    • Competency: Results-Oriented Solutions>Actionable recommendations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Asset liability management; Technology & Applications>Software