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The next step forward: Can one actuarial system do it all?
The next step forward: Can one actuarial system do it all? ... The next evolution of actuarial systems in the U.S. will likely be a move toward a single system solution ...- Authors: Corey A Carriker, Jason Morton, Ryan Kiefer
- Date: Dec 2015
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Stochastic models
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Chairperson's Column
Chairperson's Column This article discusses communication skills and some pointers for actuaries ... Chairperson's Column This article discusses communication skills and some pointers for actuaries ...- Authors: Bruce Rosner
- Date: Nov 2017
- Competency: Communication>Oral communication; Communication>Written communication
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices
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The Modeling Platform
By Trevor Howes 9 Model Eff iciency in the U.S. Life Insurance Industry By Tony Dardis 17 A ... MODELING PLATFORM | 9 Model Eff iciency in the U.S. Life Insurance Industry By Tony Dardis In a life ...- 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
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How to Keep Your Spreadsheets Out of the Headlines
spreadsheet creation and control are: • Documentation tab(s): high-level notes on purpose, in- structions on proper ... values, but no indication whether the values are in U.S. dollars or in euros, this can create a great deal ...- Authors: Mary Campbell
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Technology & Applications>Software
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Adding Value with Model Validation
Enterprise Risk and Capital Models” by M. Stricker, S. Wang and S. Strommen1 • “Anatomy of Model Validation Case ... and implementable) recommenda- tions. Variable annuity hedging is a very complicated process. AG43 models ...- 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
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Excel Modeling Governance: What Can We Do Better?
the form of a discussion across a meeting room table, or a brief email containing high-level model requirements ... (roughly equivalent to a Chapter 7 bankruptcy for U.S. readers). This is where a third-party reviewer ...- Authors: Tim Heng
- Date: Apr 2017
- Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices
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Model Governance Checklist
Model Governance Checklist This article covers the American Academy of Actuaries’ “Model Governance ... in-force files, rate tables (e.g., premiums, mortality, interest, asset default) and model point policy ...- Authors: Michael Failor
- Date: Apr 2017
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance; Technology & Applications>Software
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Making Spreadsheets Great Again
1,- $S$7)) 180,336,812 9 Reserve Summary S10 =AVERAGE(OFFSET(OFFSET(Q10,0,0,1,- 2),0,0,1,- $S$7)) 1 ... Constant Value Dependent Worksheet Dependent Cell(s) BOLI/COLI D1 26504 BOLI/COLI D4 BOLI/COLI O1 26504 ...- Authors: Robert Crompton
- Date: Nov 2017
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices
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System Access and Change Controls
System Access and Change Controls Actuarial systems access and change controls are hot topics ... input (e.g., seriatim policies, interest rates, mortality tables, and product settings) through each system ...- Authors: Michael Failor
- Date: Dec 2015
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Governance; Technology & Applications>Computer science; Technology & Applications>Software