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What is the Scope of Model Validation?
What is the Scope of Model Validation? The author delves into other important parts that should be in the scope of model validation besides the code. model validation;solvency II;aassumptions; ...- Authors: Society of Actuaries, James McClure
- Date: Aug 2014
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Actuary Magazine
- Topics: Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Sensitivity testing; Pensions & Retirement>Assumptions and methods
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Responsible Health Care Reform Part 4: Funding/Financing
Responsible Health Care Reform Part 4: Funding/Financing Feature article discussing actuaries’ view of the perfect health care reform package with an emphasis on funding/financing. Part 4 of a ...- Authors: Lawrence McCarthy, Barbara Niehus, Jay C Ripps
- Date: Aug 2010
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: The Actuary Magazine
- Topics: Public Policy
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Risk Management and the Power of Simplicity
Risk Management and the Power of Simplicity The editorial cautions that while the development of more sophisticated models may increase efficiency, it is important to consider the very real risk ...- Authors: Kurt Wrobel
- Date: Apr 2014
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Actuary Magazine
- Topics: Enterprise Risk Management>Risk measurement - ERM; Modeling & Statistical Methods>Value at risk - Modeling & Statistical Methods
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Written-Answer Questions Added to MLC Exam
Written-Answer Questions Added to MLC Exam Effective May 2014, changes are coming to Exam MLC. Data mining=Big data;Life insurance 6442452239 12/1/2013 12:00:00 AM ...- Authors: Kenneth Bonvallet, Stuart Klugman
- Date: Dec 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Influence decisions
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Qualifications; Actuarial Profession>Professional associations
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Non-Formulaic Reserves: Where Are We Going?
Non-Formulaic Reserves: Where Are We Going? Discusses the emerging issue of non-formulaic reserves, which surrounds principles-based reserving, in a Q&A format. Principles-based reserves=PBR; ...- Authors: L SS
- Date: Aug 2005
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: The Actuary Magazine
- Topics: Financial Reporting & Accounting>Statutory accounting
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Big Data: What Is It, How Is It Collected, and How Might Life Insurers Use It?
Big Data: What Is It, How Is It Collected, and How Might Life Insurers Use It? The authors explain big data and the potential uses of this information, especially as it is beginning to be adopted ...- Authors: Andy Ferris, David A Moore, Nathan Dennis Pohle, Priyanka Srivastava
- Date: Dec 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Influence decisions
- Publication Name: The Actuary Magazine
- Topics: Life Insurance>Underwriting - Life Insurance; Modeling & Statistical Methods>Data mining
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The Changing Retirement Business
The Changing Retirement Business The editorial provides an overview of articles in this issue that explore and illustrate solutions to current retirement challenges. Pension finance;Phased ...- Authors: Alan Cooke
- Date: Aug 2015
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Actuary Magazine
- Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Pension finance
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Pulling Together on PBA Part Two
Pulling Together on PBA Part Two The second part of a roundtable discussion on principals-based approach [PBA] and the life insurance industry, in this part discussing mortality experience ...- Authors: Karen Rudolph, Donna Claire, Mike Boot, Hubert B Mueller, Mary J Bahna-Nolan
- Date: Oct 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: The Actuary Magazine
- Topics: Experience Studies & Data>Mortality
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Navigating the Changing Landscape
Navigating the Changing Landscape The article explores the use of economic capital modeling to deliver value to clients by improving the financial security of many individual lives around the ...- Authors: Clinton Thompson
- Date: Dec 2015
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Actuary Magazine
- Topics: Finance & Investments>Asset liability management; Finance & Investments>Economic capital
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The Individual ACA Market—What’s Next?
The Individual ACA Market—What’s Next? This article explores the changing risk profile between the transitional Affordable Care Act (ACA) period (2014-2016) and under the final ACA period (beyond ...- Authors: Kurt Wrobel
- Date: Jan 2015
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Actuary Magazine
- Topics: Health & Disability>Health insurance; Pensions & Retirement>Risk management; Public Policy