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Model Governance Versus Normalized Policy Deviance
and history of policy deviations should be a primary red flag. A single deviation from model policy ... from isolated behavior, organizations must take care that punitive actions are proportional to culpability ...- Authors: Robert Crompton
- Date: Apr 2018
- Competency: Communication>Difficult message delivery; Leadership>Change management; Leadership>Influence; Professional Values>Ethical standards
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Management skills
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The Actuarial Paradigm
The Actuarial Paradigm Our paradigm constrains our view of the world, but also provides guidance ... lost, and the earth, and no man’s wit can well direct him where to look for it.” —John Donne We live ...- Authors: Robert Crompton
- Date: Nov 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Competencies
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Roll Your Own Cluster Model
Roll Your Own Cluster Model This article walks through the process of building a cluster model ... What is the optimal number of clusters? If we don’t care much about model fit, and are mainly concerned ...- 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