Description: Panelists of this teaching session discuss: [1] policyholder and company behavior and its impact on model and assumptions, [2] model purpose and structure, data collection, and behavior models, and [3] the modeling process, including objectives, considerations, constraints, and validation. Session 10 of the 1996 Valuation Actuary Symposium.

Description: Presenter, an actuary with an advanced degree in statistics, provides some simple tools and guidelines – without complex formulas – about the distribution of a conditional tail expectation, how to draw correct inferences from the results of stochastic testing, and the uses and pitfalls of linear regression analyses. Session 24TS of the 2005 Valuation Actuary Symposium.

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: Panelists discuss the basics of modeling including: model point selection, appropriate model granularity, static and dynamic model validation, efficient model refresh processes, assumption development, and reconciliation to actual financials. Session 8TS of the 2005 Valuation Actuary Symposium.

Description: From a session at a meeting of the Society of Actuaries held in Las Vegas, NV May 22-24, 2000 The panelists cover: 1 The basic concepts underlying fuzzy logic, 2 Current applications to risk classification and pricing and 3 Future possible uses of fuzzy logic.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 In this session the panelists discussed the issues related to the actuarial aspects associated with the demutualization process. The issues discussed included: • Developing historical and prospective assumptions • Aligning the models used in the company’s philosophy regarding dividend determination and pricing • Creating experience assumptions when less-than-perfect data exist • Determining who gets what • Complying with actuarial and accounting standards

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Actuarial models must both accurately portray the assets and liabilities in question and produce relevant and meaningful projection results. The panel discusses important considerations in: • Proper organization of a model • Structuring of a model for an intended purpose i.e., pricing versus financial reporting, statutory versus GAAP accounting • Static and dynamic model validation techniques • Data integrity

Description: Panelists discuss the subject of data modeling and then its application to benefit guarantees on variable annuities. Session 36PD of the 2005 Valuation Actuary Symposium.

Description: Charts 1-5 to be attached to the 2000 Valuation Actuary session on demutualization issues.

Description: Presented at 1983 Actuarial Research Conference. The goal is to estimate the form of distribution of T 'time to an event' given 'z', and to explore the relationship between T and z. The methods outlined can be generalized to problems involving multiple failure times - not restricted to death events.