Description: Panelists of this teaching session discuss: [1] policyholder and company behavior and its impact on model and assumptions, [2] model purpose and structure, data collection, and behavior models, and [3] the modeling process, including objectives, considerations, constraints, and validation. Session 10 of the 1996 Valuation Actuary Symposium.

Description: 1993 SOA Spring Meeting, Boston. This session discussed the concepts of expense allocation, determination of product costs, overhead expenses, the product-cost system, variable versus fixed expenses, and pricing on a marginal basis.

Description: 1996 Valuation Actuary Symposium. In this teaching session on liability modeling, the panelists discussed the key aspects of identifying and gathering the data required to construct models, the model building process including objectives and considerations, and the modeling process from the standpoint of policyholder and company behaviors.

Description: This session from the 1995 SOA New Orleans Meeting presents managing systems development. From the Record of the Society of Actuaries, Vol. 21, No. 1.

Description: 1994 SOA Spring Meeting, Orlando. This session is about experiences, benefits, problems, and pitfalls associated with advances in technology.

Description: Presented at October 1996 Annual Meeting. In this discussion, digital cash and its impact on society and financial institutions are examined and an update on annuity technology is provided.