Modeling


Modeling

Valuation Software Expertise

Our actuaries have  experience pricing,  reserving, conducting asset adequacy analyses and company valuations for mergers and acquisitions using:

  • Prophet© modeling software 

  • GGY AXIS 

  • Slope

  • TAS

  • MG - Alpha

We have experience in setting up GAAP/DAC and Embedded Value models for insurers both in the U.S. and internationally and have familiarity with Asset liability modeling.

Model Governance

We have experience setting up governance frameworks around open code modeling environments. We can help customize a governance framework for an organization around existing management structures and internal systems.  Our Model Governance experience includes:

  • Model change control process flows

  • Model coding standards

  • Peer review processes

  • Model validation worksheets and dashboards

  • Presentation and documentation templates       

  • Management approval processes for model changes

  • Internal systems to track model changes

  • Network set up for Test, Stage and Production environments

  • Rules with respect to separation of duties

  • Model Audit Rule requirements

 

Read "Model Governance in an Open Source World" written  by Rohan Alahakone & Dorothy Andrews. You can find the article at the link below.  All our actuaries are have a strong knowledge of model governance.


The Actuary Magazine - June/July 2018