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  • Long-Term Care Modeling, Part 3: Model Validation
    period over which the historical data applies. Dynamic validation on key LTC model cash flows may be ... MODELING PLATFORM | 31 they may include static and dynamic validation, and retrospec- tive testing. In addition ...

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    • Authors: Jeremy Levitt, Lo Linda Chow, Yuan Yuan, Laura Knab
    • Date: Nov 2018
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: The Modeling Platform
    • Topics: Long-term Care>Long-term care insurance
  • The Modeling Platform, April 2018, Issue 7
    and interdependent. The cell testing process is dynamic, ranging from a simple, time- dependent roll forward ... ELEMENTS In summary, we discussed the elements in a dynamic system- based cell testing approach. This system- ...

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    • Authors: Society of Actuaries
    • Date: Apr 2018
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
  • 2016 SOA Modeling Sessions
    this session described methods for developing dynamic functions of full surrender and guaranteed lifetime ... session addressed three issues related to the dynamic hedging of variable annuity products. First, they ...

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    • Authors: Jennifer Wang, Mary Campbell
    • Date: Apr 2017
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
  • The Modeling Platform, April 2017, Issue 5
    this session described methods for developing dynamic functions of full surrender and guaranteed lifetime ... session addressed three issues related to the dynamic hedging of variable annuity products. First, they ...

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    • Authors: Society of Actuaries
    • Date: Apr 2017
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
  • Modeling Sessions at the 2016 Life/Annuity Symposium: Summary
    Modeling Sessions at the 2016 Life/Annuity Symposium: Summary A summary of Modeling Section-sponsored ... efficiency;Stochastic models;Deterministic models;Dynamic simulation models 6442473150 12/1/2016 12:00:00 ...

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    • Authors: Mary Campbell
    • Date: Dec 2016
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Stochastic models
  • Roll Your Own Cluster Model
    Roll Your Own Cluster Model This article walks through the process of building a cluster model ... to these items from the representative cell. Dynamic items such as initial reserve, initial fund, amount ...

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    • Authors: Robert Crompton
    • Date: Dec 2016
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Modeling & Statistical Methods>Modeling efficiency
  • The Modeling Platform, December 2016, Issue 4
    to these items from the representative cell. Dynamic items such as initial reserve, initial fund, amount ... Model fitting. This includes retrofitting and dynamic testing to assess and validate that the model ...

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    • Authors: Society of Actuaries
    • Date: Dec 2016
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods
  • The Modeling Platform
    manner. DOCUMENTATION LIFECYCLE Most models are dynamic, undergoing changes and updates to reflect underlying ... conditions. Effective documentation is similarly dynamic. Effective model documentation is revised and ...

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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