Description: A brief overview of modeling bonds and mortgages

Description: Tools that should be in place to support a validation program and covers a case study of a validation of an Actuarial Guideline 43 (AG43) model.

Description: Our paradigm constrains our view of the world, but also provides guidance on how we address and solve problems.

Description: This article covers the American Academy of Actuaries’ “Model Governance Checklist” that was created in response to PBR regulatory model governance needs.

Description: This article is the first installment of a three-part series that aims to provide an overview of ESGs and will focus on the general motivation for stochastic modeling, its advantages and its limitations. Future articles will further break down the key factors of ESGs and the application of these factors to better understand the Academy Interest Rate Generator (AIRG).

Description: In this article, the interviewers will discuss the pros and cons of centralized modeling function vs a business unit based modeling function. Their experience will help us in identifying factors in contributing to a successful centralized model function and understand how to set expectation with modeling stakeholders.

Description: This article demonstrates how to implement DevOps for data using Moody's Axis. This was described as Model as Data (MAD). It described how extract turn-around documents from the model so they could be loaded back into the model. This feature allows continuous integration, continuous deployment and continuous testing of the model, which are important concepts in DevOps. This will allow the actuaries to speed up the model development cycle.

Description: Recent and pending changes in financial reporting standards and regulations such as IFRS 17 and US GAAP Targeted Improvements are ramping up the performance pressures on actuarial models. New infrastructure technology in the cloud is driving modeling options that may well help actuaries successfully and economically meet these challenges and unlock even greater transformational change.

Description: A high level review of recent developments in the area of professional standards of practice on Modeling, with exploration of a few of the contentious issues.