Actuarial
Actuarial
- Actuaries can do lots of things.
- We can provide the field with a clear description of the policy and how it works.
-- Bruce E. Booker, Life of Virginia, a member of the American Council of Life Insurance (ACLI) Task Force on Cost Disclosure and the National Association of Insurance Commissioners (NAIC) Advisory Group on Illustrations
1993 - SOA - Sales Illustrations - We Can't Life With Them, But We Can't Live Without Them!, Society of Actuaries --- [BonkNote]
- actuarial-guidelines/
- Actuarial Society of America
- AAA - American Academy of Actuaries
- ASB - Actuarial Standards Board
- IFoA-Institute and Faculty of Actuaries
- IAA - International Actuarial Association
- SOA - Society of Actuaries
- 1991 - SOA - Actuarial Standards, rsa91v17n22 - Society of Actuaries - 22p
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1992 - SOA - Principles of Actuarial Science, tsa92v4418 - Society of Actuaries - 64p
- 2020 - AP - Exploring Universal Life Insurance - Actuarial - 47p
- digital.wpi.edu/concern/student_works/p2676z121?locale=en
- Exploring_UL_Policy_Example.xlsx
- Universal_Life_Lesson_Plan_.pptx
- Abstract
- This project focused on exploring Universal Life insurance by learning about its history, components, and process of reserving.
- To conduct our research, we read several textbooks, study notes and a Valuation Manual.
- We then created an Excel deliverable of a theoretical UL policy, created a Lesson plan about UL to teach to actuarial students, and a paper that explains the ins and outs of UL from a consumer standpoint and how the mechanics of a UL policy would work for a potential policyholder.
- digital.wpi.edu/concern/student_works/p2676z121?locale=en
- New Money (Investment Generation Method) vs Portfolio, PVFB - Present Value of Future Benefits, Commutation Functions, Reserves, Smoothing, Cost of Insurance Rate, Mortality Rate, GRET, CSO, Expenses, Premium,