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Stochastic Modeling Is On the Rise
MATTERS! Stochastic modeling is on the rise in the life insurance in-dustry due to a coalescence of regulations ... Commis- sioners (NAIC) has introduced VM-20 to address life insurance statutory reserve requirements. Each ...- Authors: Michael Failor, David Wylde
- Date: Nov 2016
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Product Matters!
- Topics: Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models
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System Access and Change Controls
System Access and Change Controls Actuarial systems access and change controls are hot topics ... SOA publication “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context of ...- Authors: Michael Failor
- Date: Dec 2015
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance; Technology & Applications>Computer science; Technology & Applications>Software
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Model Governance Checklist
Model Governance Checklist This article covers the American Academy of Actuaries’ “Model ... regulatory model governance needs. PBR;Model validation;Life reserves;Statutory reserves 6442475957 4/1/2017 ...- 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
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System Peer Review
this risk. A recent So- ciety of Actuaries (SOA) survey indicates that adequate system change controls ... (SOA) pub- lished “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context ...- Authors: Michael Failor
- Date: Nov 2016
- Competency: Professional Values>Practice expertise
- Publication Name: Product Matters!
- Topics: Actuarial Profession>Best practices; Technology & Applications>Software