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  • The Modeling Platform, December 2016, Issue 4
    Own Cluster Model By Bob Crompton 20 Long-Term Care Modeling, Part I: An Overview By Linda Chow, ... contributing a serialized article on long-term care; the first installment appears in this issue. As ...

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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
    into the map. Manual items often require special care and con- sideration in effective model management ... and other indirect experience items as well as direct application of profes- sional judgment to assumptions ...

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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
  • mp-2018-iss8
    and Managing Models By Dodzi Attimu 28 Long- Term Care Modeling, Part 3: Model Validation By Linda Chow ... and Yuan Yuan continue their series on long- term care modeling, looking at model validation and other ...

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    • Date: Nov 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
  • The Modeling Platform, November 2017, Issue 6
    Michael Minnes and Veltcho Natchev 33 Long- Term Care Modeling, Part 2: First- Principles Modeling By ... Laura Donnelly give us part two of the Long- Term Care Modeling trilogy, this installment discussing the ...

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    • Authors: Society of Actuaries
    • Date: Nov 2017
    • 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
  • Response to authors comments on Presenting Market Value Liabilities for Public Employee Retirement Systems
    also inserted some of these into the paper, my primary intent was to provide a real case study of the ... pension plans and that “actuaries must take great care that actuarial services are not used to mislead ...

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    • Authors: Robert North
    • Date: Jan 2017
    • Competency: Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Pension Section News
    • Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks; Enterprise Risk Management>Systemic risk; Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management; Public Policy
  • Adding Value with Model Validation
    likely to deliver long- term benefits unless the primary objective for each component is adding stakeholder ... establishing controls. A model owner that has been the primary or even sole control over a model may see model ...

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    • Authors: Winston Hall, Veltcho Natchev, Mike Minnes
    • Date: Nov 2017
    • Competency: Communication>Active listening; Communication>Difficult message delivery; Leadership>Change management; Leadership>Thought leadership; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance
  • The Modeling Platform, April 2018, Issue 7
    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 ...

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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
  • Incentive Compensation—The Blind Spot in ERM Today Complete Essay e-Book
    organization’s survival but it cannot be the sole, or primary, driver. The ultimate saying of “no” to major ... Boards are there. In the ERM realm, one of the primary actuarial functions is to construct models. That’s ...

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    • Authors: Society of Actuaries
    • Date: Jun 2013
    • Competency: Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Topics: Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks
  • And What About Model Efficiency Governance?
    And What About Model Efficiency Governance? While Model Efficiency and Model Governance may seem ... model efficiency? At first glance, these two primary interest areas of our section seem to apply to ...

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    • Authors: Trevor Howes
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Governance; Modeling & Statistical Methods>Modeling efficiency
  • Enterprise Risk, Enterprise Risk Reward
    organization’s survival but it cannot be the sole, or primary, driver. The ultimate saying of “no” to major ... Boards are there. In the ERM realm, one of the primary actuarial functions is to construct models. That’s ...

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    • Authors: Dennis Barry
    • Date: Jun 2013
    • Competency: Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Topics: Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks