Description: A look at the near future and far future of various elements of Actuarial Models as defined through ASOP 51. What is driving the complexity for inputs, calculations, and outputs. Howe will actuaries handle these challenge?

Description: This article offers ways to make use of Excel more efficient, by applying software development and design principles

Description: This article will be focused on maximizing the reuse of code using features available within Moody’s Axis specifically targeted at using Formula Link.

Description: As any international traveler who has tried to plug in an electronic device knows, the human race is great at devising many different ways to accomplish the same task. Predictive modeling is no different. Data scientists can choose from a wide variety of languages to prepare data, fit models, and verify results. The Rosetta Stone, which showed writing composed in three languages side by side, was instrumental in translating unfamiliar Egyptian hieroglyphics into the more common Greek language. This presentation follows a similar approach by showing the same predictive model implemented in the following languages: R, Python, Spark, MatLab, and SAS. Participants will compare and contrast each of these languages and, by doing so, build a greater understanding of those languages less familiar to them.

Description: A new wave of life insurance buyers is finally here - but are we ready? In this article, Richard De Sousa shares proprietary research about the Millenial generation, its beliefs related to life insurance, and its preferences when it comes to learning about, purchasing, and engaging with life insurance products, advisors and companies. Also explored is the foundational role that technology and wellness play in driving the kind of experience that will attract millenial buyers. After reading this article, you will better understand the characteristics of this new generation as well as the innovative companies that are targeting them, and learn about different and novel ways to better engage with customers and enhance the value of your own products and services.

Description: Chairperson's Corner

Description: This article describes how to model variable annuities using a GPU along with some of the stumbling blocks.

Description: This article covers the importance of a system peer review within the systems change control process and offers suggestions for creating more robust controls.

Description: The April 2016 Issue of The Modeling Platform

Description: October 2015 issue of CompAct, the technology section's member benefit newsletter.

Description: Discusses the graphics capabilities of the computer language R.

Description: The author has gathered a variety of resources, general theories, and specific practices concerning spreadsheet errors and their avoidance.

Description: With the decline in traditional defined benefit plans, cutbacks in Social Security already legislated, and further ones possibly needed to maintain solvency, retirees increasingly must rely on their own ability to manage their retirement income. Relatively few retirees purchase annuities, leaving them with investment and distribution decisions concerning their accumulated savings. Increasing life expectancy and improved health at older ages raise the issue of whether people should consider postponing retirement as a way of assuring adequate resources during retirement. During retirement, they face complex issues concerning how to manage various risks. Increasingly, people planning for retirement have access to financial planning software, much of it available over the internet for free. This study, sponsored by the Society of Actuaries and the Actuarial Foundation, assesses the extent to which the retirement planning programs analyzed help users understand post-retirement risks.

Description: This article discusses the management and testing of spreadsheets.

Description: A disscussion of actuar R, an R package for actuarial science, and its facilities in the fields of loss distribution modeling, risk theory and credibility theory.

Description: This article looks at an extensive integrated collection of financial mathematical modeling packages available in R, a language and environment for statistical computing.

Description: Presented at May 2005 Spring Meeting. Panelists discuss strategies for increased modeling speed as risk management, valuation and product development activities have been requiring increasingly complex financial models.

Description: This program allows the user to explore in great detail a technical problem that has occupied a number of investors, financial writers and especially retirees, during the last few years, as the baby boomers start to approach retirement. Namely, what is the probability that one will run out of money before running out of life, if his or her current standard of living is maintained? This is a zip file which includes the Retirement Probability Analyzer software, an instruction manual and a PowerPoint presentation explaining the program.

Description: The second of three articles exploring the new technology offered by Santa Fe, New Mexico-based Assuratech, Inc. Describes the development of the applied complex adaptive systems technology behind Assuratech’s highly sophisticated program that uses simulation and data mining techniques for accurate, reliable versatile risk modeling.

Description: This article discusses an upcoming SOA/CAS sponsored project regarding the Modeling of Economic Series Coordinated with Interest Rate Scenarios.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Discussion of financial modeling considerations including: • Model platforms • Model structure • Static and dynamic model validation techniques • Data integrity

Description: Presented at May 1996 Spring Meeting. Discusses the new capabilities offered by Windows 95 from the perspectives of the end-user, software developer, and system administrator.

Description: Presented at May 1996 Spring Meeting. This session offers a retrospective and prospective look at the development of actuarial pricing models and technology tools.

Description: Presented at September 1995 Valuation Actuary Symposium. This session talks about the tools and methods for asset modeling, particularly mortgages and asset-backed securities.

Description: Presented at September 1995 Valuation Actuary Symposium. This session talks about the Long-Term Care Insurance Valuation Task Force report.

Description: 1994 SOA Meeting, San Antonio. This session explored the advantages and disadvantages of using several computer languages for actuarial work. In addition, the role of spreadsheets was discussed.

Description: 1993 SOA Spring Meeting, Boston. This session presented ways of using technology of 1993 in order to further actuarial applications and actuarial projects. The speakers related recent personal experiences in which emerging trends in hardware, software, and methodologies have been utilized.

Description: This presentation is a concurrent session from the 1991 Meeting of the Society of Actuaries, held April 18-19 in New Orleans. The panel will discuss the approaches and techniques used for pricing and modeling insurance products, including commercial software, internal systems, maintenance issues, staff training, and asset/liability systems. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: Vendor representatives discuss their ALM systems, what they do and don't do, and the advantages and disadvantages of each. Also includes a comparative survey of the capabilities of a number of the existing systems. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Presented at October 1986 Annual Meeting. This session discussion is about the state-of-the-art in packaged software, the requirements of such systems, and current and future health care developments that must be addressed.

Description: This 1977 panel discussion covered hardware, programs, time sharing services and programming languages available at that time.