PPT-Skit on Reserving

Committee on Professionalism Education Skit Background Linda an FCAS is the Chief Actuary for a midsize company writing only Workers Compensation insurance in a large state Linda has the responsibility of signing the Statement of Actuarial Opinion for the company . Committee on Professionalism Education. Agenda. Professional Guidance. Skit. Small Group Discussion. Large Group Discussion. Takeaways. Professional Guidance. Precept 1 of the Code of Conduct: An Actuary shall act honestly, with integrity and competence, and in a manner to fulfill the profession's responsibility to the public and to uphold the reputation of the actuarial profession.. vs. Expected: Curse or Blessing?. Cameron Heath & Anthony Wright. Institute of Actuaries TORP Working party. Alastair Lauder. Alexander Crosby. Anthony Wright. Cameron Heath. Camilla Bennett. Gregory Overton. Lloyds Reserving Guide:. “. The reserving process must be consistent with the treatment of reserve risk in the capital model. .”. What does this mean in practice?. . Relating reserving uncertainty to the underlying distribution from the capital model – what is the return period of specific scenarios? And . Each person takes a different tense category (simple, perfect, progressive, perfect progressive).. As a group, write a skit. Each character’s lines must be written in that person’s assigned tense category.. My skit informs the audience about how to prepare for or the effects of a natural disaster. . Use of appropriate grammar and language.. The skit is well organized- follows a story sequence.. Each member of the group should participate in the skit.. SKIT BOOK 1. Rehearse! Practice your skit at team meeting the week before it is to be performed. 2. Project your voice — speak loudly. 3. Face the audience. 4. Wait for the audience to listen, July 03, 2015. Agenda. Importance of reserves . Market overview. Indian industry and reserving evolution. Challenges. Market overview. Way forward. Industry overview. Currently there are 28 players operating in the industry. Brian Z. Brown, FCAS, MAAA. Principal and Consulting Actuary. Stan Smith. Predictive Analytics Consultant . April 29, 2016. Advancements In Reserving. Use of stochastic methods.. . Advancements in computing power have allowed for more sophisticated reserving methodologies. Your first group PROJECT. !!!. Project Description. . You will . work with your Lab Group to . create . a Safety Skit. Once you are assigned a . safety rule. , you will work together to create a “play” demonstrating the safety rule. Make this activity fun and enjoyable for everyone! . Tax Skit. Directions:. Groups of 4 to 5 Students. Create a skit that explain taxes and includes:. Gross Pay vs Net Pay (Exercise 7.1). Mandatory Deductions (Exercise 7.1). Other Deductions (Exercise 7.1). By BB. “Contraction in Action” Muscle Contraction Skits. Anatomy & Physiology/Tissues, Bones and Muscles. Purpose: . To create a live model or skit of approximately 3 minutes to demonstrate muscle anatomy and the physiology of muscle contraction.. Outsourcing. Reserving industrialisation/ efficiency. Brexit and wider financial instability . Brexit. Inflation. Financial Instability. Ogden – possible follow-on issues. Management information . and . Groups of 4 to 5 Students. Create a skit that explain taxes and includes:. Gross Pay vs Net Pay (Exercise 7.1). Mandatory Deductions (Exercise 7.1). Other Deductions (Exercise 7.1). Progressive Tax (Exercise 7.2). Fact Sheet Understanding the Conversion of Reserving SystemThe Ohio Bureau of Workers Compensationv11 Workers CompensationyouUnderstanding MIRA ReservesMIRA an individual case reserving system used fo