Description: Article describes how to write effective model documentation

Description: Read the August 2020 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article contains best practices on actuarial modeling based on the author's personal experiences and provides useful advice for actuaries to consider in their daily work.

Description: What is a "super" model? How do we develop, maintain, and visualize them? What is the difference between models and assumptions? Most importantly, how can we use all of this to quantifiably improve risk management?

Description: An overview of the articles in the November 2019 issue of The Modeling Platform, and a plea for submissions! Please! Send us articles!

Description: Oliver Wyman recently completed its 2020 Life PBR Emerging Practices survey, with results providing a broad industry perspective on implementation impacts, strategy, assumptions and challenges. This article provides further insights into the trends and drivers observed around planned future refinements to PBR models.

Description: This article discusses important implications of the upcoming Long-Duration Targeted Improvements (LDTI) accounting change for the modeling actuary. We discuss the modeling implications of new GAAP standards for Market Risk Benefit (MRB), including identification of MRBs, implementation of fair valuation in actuarial systems and retroactive determination of at-issue valuation inputs for transition. We also examine the modeling implications of the other aspects of the accounting change, including Liability for Future Policy Benefit (LFPB), Deferred Acquisition Cost (DAC), and other transition and disclosure requirements

Description: Historical and actuarial perspectives on the coronavirus events of 2020.

Description: An outline of a formal framework for describing models, inspired by the operational context of governance, management, and use of models.

Description: Chairperson's thoughts on the evolving nature of actuarial modeling, and results of a survey.