ACTEX Learning Presents:
ACTEX eLearning Webinar:
Actuarial Model Governance:
How Did We Get Here, and What Do We Do Now?
October 25, 2018 from 12:00 to 1:00 PM Eastern Time
Co-Sponsored by the Canadian Institute of Actuaries
1.2 SOA CPD, CAS CE Credits/Training Hours
This is a potential source of 1.0 hours of CPD for the Canadian Institute of Actuaries
All prices are in USD
As few as ten years ago, you might not have heard the phrase: “actuarial model governance.” Now, many mid-to-large insurance companies have a formal program. How did we get here so fast?
In this ACTEX Webinar, we’ll trace the progression of model governance from banking regulation to model validation best practices. We’ll see how the actuarial guidance has evolved to focus on formal governance programs.
Based on available guidance, we’ll review and summarize industry best practices, and use this information to discuss the most practical and efficient ways to implement, maintain and improve model governance best practices at your company.
Please participate in this brief three-question survey: Click HERE
- Review the primary factors that led to the current climate of actuarial model governance.
- Recognize the progression of guidance from model validation to model governance.
- Develop common themes from available industry guidance and practice notes.
- Determine how to effectively interpret available guidance and put it in to practice.
- Discover ways to implement, maintain, and improve, a model governance program.
Who Should Attend This Webinar?
Actuaries and insurance professionals who develop, run, or use actuarial models, and anyone who wants to learn more about why model governance exists, and what the actuarial guidelines say about it should attend this webinar. Also, those seeking to understand best practices and the most efficient way to implement and maintain a model governance program should attend.
Mitchell Stephenson, FSA, MAAA
Mitch is the head of actuarial model governance, process, and controls at Prudential Financial. He has worked extensively in retirement group annuity and individual annuity product lines. His prior experience includes product development and pricing, modeling, assumption setting, and experience studies. Mitch is the President of the Actuaries’ Club of Hartford & Springfield, and the Vice Chair of the Society of Actuaries Leadership and Development section. Mitch is a frequent contributor to The Stepping Stone newsletter and The Actuary magazine. In 2017 Mitch authored an article for The Actuary called “Navigating Risk: The past, present and future of actuarial model governance.”
The registration fee includes 180-day unlimited on-demand access to this event and the handouts. All prices are in USD.
Multi-Connection Corporate Customers: ACTEX will provide a self-registration site and activation key for your participants. The first 100 will be enrolled in this webinar. This makes it easy to offer continuing professional development opportunities without the need for administrative attention.
Please Note: Participants must agree to the ACTEXeLearning.com Site Policy in order to access this webinar.
What is the difference between 10+ participants & 1-connection and 10+ participants & Multi-connection?
'Connection' refers to how many participants will access our Webinar by signing-in at ACTEXeLearning.com.
Customers who have purchased a 1-connection option will have the purchaser sign-in and share the video on their monitor (or via video-conference, Skype or other video sharing format) with up to the number of participants purchased for. Username and password information is not to be shared with the other participants.
Customers who have purchased our Multi-connection option will be sent login information and an access key. Each participant will then be able to login on their own computer, with their own username & password, at their own convenience.
- Access information is sent to the email address listed under Shipping Information on your order.
- If you have 8+ participants needing their own access you should select our Multi-connection option for the best value.
- All registrations include 180-day unlimited on-demand access to the Webinar and the handouts.