# Actuarial Department

*/Departments/Actuarial_Department*

## Neighborhood

### Parent

- [Reinsurance Company](/CompanyTypes/Reinsurance_Company) — parent · CompanyTypes

### Siblings

- [Actuarial](/Departments/Actuarial) — siblings · Departments
- [Actuarial Governance](/Departments/Actuarial_Governance) — siblings · Departments
- [Ceded Reinsurance](/Departments/Ceded_Reinsurance) — siblings · Departments

### Related (delivered by)

- [Member Book Loss Ratio Monitoring](/Processes/Member_Book_Loss_Ratio_Monitoring) — delivered by · Processes
- [Dividend and Waiver Decisions](/Processes/Dividend_and_Waiver_Decisions) — delivered by · Processes
- [Regulatory and Rate Case Support](/Processes/Regulatory_and_Rate_Case_Support) — delivered by · Processes
- [Technical Reserve Setting](/Processes/Technical_Reserve_Setting) — delivered by · Processes
- [Actuarial Rate Setting](/Processes/Actuarial_Rate_Setting) — delivered by · Processes
- [Determine equitable basis for distributing surplus earnings under participating insurance and annuit...](/Tasks/Determine_equitable_basis_for_distributing_surplus_earnings_under_participating_insurance_and_annuit...) — delivered by · Tasks
- [Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of fu...](/Tasks/Ascertain_premium_rates_required_and_cash_reserves_and_liabilities_necessary_to_ensure_payment_of_fu...) — delivered by · Tasks
- [Conduct statistical analyses to quantify risk, using statistical analysis software or econometric mo...](/Tasks/Conduct_statistical_analyses_to_quantify_risk,_using_statistical_analysis_software_or_econometric_mo...) — delivered by · Tasks
- [Validate associated reported amounts within each risk based capital risk categories](/Processes/Validate_associated_reported_amounts_within_each_risk_based_capital_risk_categories) — delivered by · Processes
- [Define vehicle warranty glide path per limits](/Processes/Define_vehicle_warranty_glide_path_per_limits) — delivered by · Processes
- [Review policyholder portfolios](/Processes/Review_policyholder_portfolios) — delivered by · Processes
- [Evaluate premium performance](/Processes/Evaluate_premium_performance) — delivered by · Processes
- [Estimate risk-score related adjustments](/Processes/Estimate_risk-score_related_adjustments) — delivered by · Processes
- [Document reserve setting protocols and responsibilities](/Processes/Document_reserve_setting_protocols_and_responsibilities) — delivered by · Processes

### Measured by

- [Rate Case Cycle Time](/Metrics/Rate_Case_Cycle_Time) — measured by · Metrics
- [Model Pricing Accuracy](/Metrics/Model_Pricing_Accuracy) — measured by · Metrics
- [Valuation Close Timeliness](/Metrics/Valuation_Close_Timeliness) — measured by · Metrics
- [Actual-to-Expected Experience Variance](/Metrics/Actual-to-Expected_Experience_Variance) — measured by · Metrics
- [Regulatory Filing Timeliness](/Metrics/Regulatory_Filing_Timeliness) — measured by · Metrics
- [Valuation Cycle Time](/Metrics/Valuation_Cycle_Time) — measured by · Metrics
- [Reserve Adequacy Ratio](/Metrics/Reserve_Adequacy_Ratio) — measured by · Metrics

### Processes it runs

- [Perform liability and insurance reserve valuations](/Processes/Perform_liability_and_insurance_reserve_valuations) — runs · Processes
- [Maintain Assumption Libraries](/Processes/Maintain_Assumption_Libraries) — runs · Processes
- [Support Financial Reporting with Actuarial Estimates](/Processes/Support_Financial_Reporting_with_Actuarial_Estimates) — runs · Processes
- [Respond to Regulator Actuarial Inquiries](/Processes/Respond_to_Regulator_Actuarial_Inquiries) — runs · Processes
- [Prepare Rate Filings](/Processes/Prepare_Rate_Filings) — runs · Processes
- [Maintain the Actuarial Model Inventory](/Processes/Maintain_the_Actuarial_Model_Inventory) — runs · Processes
- [Prepare Regulatory Actuarial Reports](/Processes/Prepare_Regulatory_Actuarial_Reports) — runs · Processes
- [Conduct Experience Studies](/Processes/Conduct_Experience_Studies) — runs · Processes
- [Develop Product Pricing Models](/Processes/Develop_Product_Pricing_Models) — runs · Processes

### Part of

- [Health Insurance Company](/CompanyTypes/Health_Insurance_Company) — part of · CompanyTypes
- [Life Insurance Company](/CompanyTypes/Life_Insurance_Company) — part of · CompanyTypes
- [Insurance Carrier](/CompanyTypes/Insurance_Carrier) — part of · CompanyTypes

### Staff

- [Chief Actuary](/JobTypes/Chief_Actuary) — staff · JobTypes
- [Actuarial Manager](/JobTypes/Actuarial_Manager) — staff · JobTypes
- [Appointed Actuary](/JobTypes/Appointed_Actuary) — staff · JobTypes
- [Pricing Actuary](/JobTypes/Pricing_Actuary) — staff · JobTypes
- [Reserving Actuary](/JobTypes/Reserving_Actuary) — staff · JobTypes
- [Associate Actuary](/JobTypes/Associate_Actuary) — staff · JobTypes
- [Actuarial Analyst](/JobTypes/Actuarial_Analyst) — staff · JobTypes

### Problems this exposes

- [state DOI statutory rate/reserve filing deadlines are penalized as market-conduct violations, yet the valuation-run-to-filing dependency chain has no deadline-backward critical path](/Problems/state_DOI_statutory_rate%2Freserve_filing_deadlines_are_penalized_as_market-conduct_violations,_yet_the_valuation-run-to-filing_dependency_chain_has_no_deadline-backward_critical_path) — exposes problem · Problems
- [a slipped upstream experience study or sign-off silently consumes the DOI filing-window float with no early warning against the statutory due date](/Problems/a_slipped_upstream_experience_study_or_sign-off_silently_consumes_the_DOI_filing-window_float_with_no_early_warning_against_the_statutory_due_date) — exposes problem · Problems
- [regulatory reports drawn from the department's valuation run can't cite the specific model-inventory version that produced the figures for examiner traceability](/Problems/regulatory_reports_drawn_from_the_department's_valuation_run_can't_cite_the_specific_model-inventory_version_that_produced_the_figures_for_examiner_traceability) — exposes problem · Problems
- [report sign-off responsibility isn't reconciled against the experience-study owner whose assumptions the report attests to](/Problems/report_sign-off_responsibility_isn't_reconciled_against_the_experience-study_owner_whose_assumptions_the_report_attests_to) — exposes problem · Problems
- [pricing and reserving models share derived assumptions but the inventory tracks them as unrelated entries, hiding cross-model dependency](/Problems/pricing_and_reserving_models_share_derived_assumptions_but_the_inventory_tracks_them_as_unrelated_entries,_hiding_cross-model_dependency) — exposes problem · Problems
- [inventory register doesn't gate the quarterly valuation run, so models with lapsed validation status are used in production reserving](/Problems/inventory_register_doesn't_gate_the_quarterly_valuation_run,_so_models_with_lapsed_validation_status_are_used_in_production_reserving) — exposes problem · Problems
- [study results lack a versioned handshake to the model inventory, so which valuation consumed which study basis is untraceable](/Problems/study_results_lack_a_versioned_handshake_to_the_model_inventory,_so_which_valuation_consumed_which_study_basis_is_untraceable) — exposes problem · Problems
- [experience-study assumption updates aren't propagated as the official basis into the department's pricing models and reserve valuations, leaving bases divergent](/Problems/experience-study_assumption_updates_aren't_propagated_as_the_official_basis_into_the_department's_pricing_models_and_reserve_valuations,_leaving_bases_divergent) — exposes problem · Problems
- [quarterly reserve valuation run is a manual orchestration of extracts, models, and sign-offs under deadline](/Problems/quarterly_reserve_valuation_run_is_a_manual_orchestration_of_extracts,_models,_and_sign-offs_under_deadline) — exposes problem · Problems
- [actuarial model inventory (versions, owners, validation status) maintained in a spreadsheet register](/Problems/actuarial_model_inventory_(versions,_owners,_validation_status)_maintained_in_a_spreadsheet_register) — exposes problem · Problems
- [loss-development factor selection is hand-judgment per line, undocumented for the next reviewer](/Problems/loss-development_factor_selection_is_hand-judgment_per_line,_undocumented_for_the_next_reviewer) — exposes problem · Problems
- [GLM rating models retrained in R/Emblem can't be traced back to the booked rate tables in the policy admin system](/Problems/GLM_rating_models_retrained_in_R%2FEmblem_can't_be_traced_back_to_the_booked_rate_tables_in_the_policy_admin_system) — exposes problem · Problems
- [IBNR estimates lag because claims-feed extracts arrive monthly, not at experience-study cadence](/Problems/IBNR_estimates_lag_because_claims-feed_extracts_arrive_monthly,_not_at_experience-study_cadence) — exposes problem · Problems
- [credibility blending of thin segments is ad-hoc, varying analyst to analyst](/Problems/credibility_blending_of_thin_segments_is_ad-hoc,_varying_analyst_to_analyst) — exposes problem · Problems
- [ASOP/actuarial-opinion sign-off requires re-deriving assumptions the prior analyst left only in spreadsheet cells](/Problems/ASOP%2Factuarial-opinion_sign-off_requires_re-deriving_assumptions_the_prior_analyst_left_only_in_spreadsheet_cells) — exposes problem · Problems
- [rate-filing exhibits must be rebuilt per state DOI format from one underlying experience model](/Problems/rate-filing_exhibits_must_be_rebuilt_per_state_DOI_format_from_one_underlying_experience_model) — exposes problem · Problems
- [reserve triangles in Excel/ResQ break silently when a single claim's accident-year is miscoded](/Problems/reserve_triangles_in_Excel%2FResQ_break_silently_when_a_single_claim's_accident-year_is_miscoded) — exposes problem · Problems
- [Experience Study Data Prep](/Problems/Experience_Study_Data_Prep) — exposes problem · Problems
- [Experience Study Data Preparation](/Problems/Experience_Study_Data_Preparation) — exposes problem · Problems