Description: The paper discusses the role of a regulatory actuarial auditor, the risk focused examination process and the policyholder protection provided by the states, and the impact of varying state laws on the valuation process, and the importance of avoiding actuarial software becoming a black box. There is a discussion of the potential problems presented by the potential use of artificial intelligence, as well as suggestions for academic researchers to answer the pressing questions of whether artificial intelligence can potentially be used for valuation purposes.