Actuarial Model Risk Management for Rapid Decisions

Have actuaries closed the gaps from the challenge to “Open the BlackBox”[1], or are users still stuck in the dark?

This webinar takes on the IAA’s latest observations on actuarial model risk management in the banking and insurance/pension sectors. It will touch upon the maturity and direction of travel of actuarial model management, in the context where rapid decisions are called upon in complex and volatile times.

This is a practical presentation. It shall provide a refresher on model life-cycle management. It will also highlight observations on existing roadblocks for actuaries and model risk developments in mature markets.