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  • The Actuarial Ethicist: Responses to “Jam Sandwich”
    The Actuarial Ethicist: Responses to “Jam Sandwich” The author summarizes reader responses to the ... speaks to Charlie’s dysfunctional workplace dynamic. COPC Precept 1: An Actuary shall act honestly ...

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    • Authors: Frank Grossman
    • Date: Aug 2011
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Code of Conduct
  • The Actuarial Ethicist: Purloined Pages
    The Actuarial Ethicist: Purloined Pages The author presents a case study that sets out a hypothetical ... how sensitive the liability duration was to her dynamic lapse rate assumption, which seemed to be news ...

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    • Authors: Frank Grossman
    • Date: Aug 2011
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Ethics
  • Responses To “DAC Expectations”
    to: i) review and update the mor- tality and (dynamic) lapse rate assumptions within the valuation models; ... process.” Mary was also tasked with assessing the dynamic lapse rates. Scenario-dependent assumptions often ...

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    • Authors: Frank Grossman
    • Date: Feb 2011
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Best practices
  • The Actuarial Ethicist: Responses to Stochastic Cherry Orchard
    The Actuarial Ethicist: Responses to Stochastic Cherry Orchard A summary of the responses to the ... asset-liability model.” One actuary cited the dynamic policyholder behav- ior assumptions present in ...

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    • Authors: Frank Grossman
    • Date: Oct 2010
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Best practices
  • The Actuarial Ethicist: DAC Expectations
    The Actuarial Ethicist: DAC Expectations An article on a hypothetical workplace dilemma ... mortality and lapse rate assump- tions—including dynamic lapse rates—within the valuation models, and revise ...

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    • Authors: Frank Grossman
    • Date: Oct 2010
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Ethics
  • The Actuarial Ethicist: A Stochastic Cherry Orchard
    The Actuarial Ethicist: A Stochastic Cherry Orchard A hypothetical workplace dilemma in which ... (or worst) 500 total returns. Mindful of the dynamic policyholder behavior assumptions within his model ...

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    • Authors: Frank Grossman
    • Date: Jul 2010
    • Competency: Professional Values>Ethical standards
    • Publication Name: The Stepping Stone
    • Topics: Actuarial Profession>Ethics