Announcement: SOA releases passing candidate numbers for September 2024 Exam P.

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  • Long-Term Care Modeling, Part 2: First-Principles Modeling
    advantages relative to the disadvantages, set out in Table 1. BUSINESS SITUATIONS THAT MOTIVATE FIRST- PRINCIPLES ... and increase effectiveness of input controls, Table 1 Deciding Whether to Convert to a First- Principles ...

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    • Authors: Lo Linda Chow, Jeremy Levitt, Yuan Yuan, Laura Knab
    • Date: Nov 2017
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Modeling Platform
    • Topics: Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Modeling efficiency
  • 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 ...

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    • 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
  • 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 ...

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    • 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
  • Actuarial Model Component Design
    Actuarial Model Component Design The article describes the key components of actuarial ... Component Design By William Cember and Jeffrey Yoon A s managers of risk, most actuaries are tasked with answer-ing ...

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    • Authors: Bill Cember, Jeffrey Yoon
    • Date: Nov 2017
    • Competency: Results-Oriented Solutions>Actionable recommendations; 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: Modeling & Statistical Methods>Asset modeling; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Stochastic models