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  • Effective Documentation in Model Risk Management
    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: Robert Crompton
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Enterprise Risk Management>Operational risks
  • The Modeling Platform, Issue 9, April 2019
    CENTRALIZING MODEL DEVELOPMENT IS WORTH IT Naturally, the primary advantages and disadvantages of a centralized ... produced by these generators must be tested with care, to confirm that market prices are reproduced and ...

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    • Date: Apr 2019
    • Publication Name: The Modeling Platform
  • A Practical Approach to an Enhanced Premium Persistency Assumption
    The assumption uses premium paid to-date as the primary in- dicator for the future premium behavior. Actual ... bucket, a particular policy falls into. Three primary funding buckets were defined to categorize the ...

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    • Authors: Nick Komissarov, Ying Zhao
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: The Modeling Platform
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models
  • 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
  • The Modeling Platform, Issue 10, November 2019
    Acceleration of benefit (non-zero-cost) 37% Long-term care 34% Acceleration of benefit (zero-cost) 32% ... Increasing the number of scenarios leads to a direct increase in modeling workloads (i.e., two scenarios ...

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    • Authors: Society of Actuaries
    • Date: Nov 2019
    • Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
    • Publication Name: The Modeling Platform
    • Topics: Modeling & Statistical Methods; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models
  • How to Keep Your Spreadsheets Out of the Headlines
    joined by Alex Cires, who consults in the health care field at Milliman, and Sandra To, deputy chief ... from the inputs. However, I need to take special care to note any VBA code being used along the way. I ...

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    • 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
  • The Modeling Platform, June 2020, Issue 12
    The Modeling Platform, June 2020, Issue 12 Read the June 2020 issue of The Modeling Platform ... Fifty Stories: A Decade of Health Care Reform Under the Affordable Care Act,” Society of Actuaries, March ...

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    • Authors: Society of Actuaries
    • Date: Jun 2020
    • Publication Name: The Modeling Platform
  • Model Efficiency in the U.S. Life Insurance Industry
    Model Efficiency in the U.S. Life Insurance Industry This article walks through the history of ... 2016 THE MODELING PLATFORM functions were a primary tool for actuarial work until well into the 1980s ...

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    • Authors: Anthony Dardis
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: The Modeling Platform
    • Topics: Modeling & Statistical Methods>Modeling efficiency
  • The Modeling Platform, August 2020, Issue 13
    The Modeling Platform, August 2020, Issue 13 Read the August 2020 issue of The Modeling Platform ... Scenario Generators 2. SCENARIO TYPE There are two primary types of scenarios: real-world and risk-neutral ...

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    • Authors: Society of Actuaries
    • Date: Aug 2020
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Modeling Platform
    • Topics: Modeling & Statistical Methods