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Society of Actuaries Keywords Society of Actuaries Keywords • Accident insurance • Birth rates • Corporate bonds • Accountable care organizations= ACO • Book value • Corporate finance • Accounting standards • Budgets • Corporate governance • Acquisition expenses • Business intelligence • Corporate owned life insurance=COLI • Actual-to-expected=A/E=Actual to expected ratio • Cafeteria benefit plans • Cost of capital • Actuarial Board for Counseling & Discipline=ABCD • Canadian Institute of Actuaries=CIA • Counterparty risk • Actuarial Opinion and Memorandum= AOM • Cancer • Credibility theory • Actuarial Standards Board=ASB • Capital Asset Pricing Model=CAPM • Credit default swaps • Actuarial Standards of Practice=ASOP • Capital gains • Credit insurance • Allocation of capital • Capital management • Credit risk • Alternative careers • Capital markets=Stock market • Creditable coverage • Alzheimer's disease and dementia • Captive Insurance • Critical illness insurance • American Academy of Actuaries=AAA • Cardiovascular disease=Heart disease • Currency risk • American Institute of Certified Public • Career planning • Data mining=Big data Accountants=AICPA • Cash balance plan • Data quality • Analytics and informatics • Cash flow testing • Data warehousing • Annuities • Cash value • Death benefits • Annuity reinsurance • Catastrophe reinsurance • Deductible • Annuity reserves • Catastrophic risk • Defaults • Annuity valuation • Causes of death • Deferred acquisition cost=DAC • Antiselection • Central banks • Deferred annuities • Appointed actuary • Chronic illness management • Deferred benefit reserves • Arbitrage • Chronic obstructive pulmonary disease=COPD • Deficiency reserves • Artificial intelligence • Claim cost • Defined benefit plans=DB plans • Asset adequacy analysis • Claim experience • Defined contribution plans=DC plans=401(k) plans • Asset allocation • Claims processing • Definition of life insurance • Asset liability management=ALM • Claims review • Demographics • Asset management • CLASS Act • Demutualization • Asset modeling • Cluster analysis • Derivatives • Asset valuation • Coinsurance • Deterministic models • Assisted living facilities • Collateralized debt obligation=CDO • Diabetes • Assumptions • Commissions • Diagnostic tests • Audits • Committee of Sponsoring Organizations=COSO • Differential mortality • Bank distribution=Bancassurance • Comparative effectiveness • Direct response=Direct marketing • Bank owned life insurance=BOLI • Complexity science • Disability insurance • Banking regulations • Computer science • Disability rates=Disability tables • Bankruptcy • Conditional Tail Expectation=CTE • Discount rates • Basel • Consumer-driven health plans=CDHP • Disease management • Bayesian methods • Contingencies • Dividends • Behavioral economics • Contribution index • Dodd-Frank Act • Beneficiaries • Conversion • Dread disease insurance Property of the Society of Actuaries – Not for Distribution Jun-13 1 Society of Actuaries Keywords • Dynamic simulation models • Funding policy • Health risks • E-commerce • Funding reform • Health savings accounts=HSA • Economic capital • Futurism • Hedge funds • Economic value • GAAP reserves • Hedging • Efficient frontier • Gaussian models • High-deductible health insurance plans • Electronic medical records=EMR • Generalized linear model • High-yield bonds • Embedded value • Generally Accepted Accounting Principles=GAAP • Home health care • Employee contributions • Generally Recognized Expense Table=GRET • Hospitalization • Employee Retirement Income Security Act=ERISA • Genetic algorithms • Hybrid pension plans • Employer contributions • Genetic applications • Illustrations=Illustration actuary=Sales illustration • Enterprise risk management=ERM • Genetic studies • Indexed annuities=Equity indexed annuities=EIA • Entrepreneurism=entrepreneurs • Geopolitical risks • Individual annuities • Episode-based payment • Global markets • Individual health plans • Equities=Common stock=Stock=Preferred stock • Globalization • Individual life plans • Equity indexed annuities • Government bonds • Individual retirement accounts=IRA • Equity indexed life insurance • Government-funded healthcare • Inflation • Estimation methods • Gross premium valuation • Informatics • Ethics • Group health plans • Insolvency • Evidence-based medicine • Group life plans • Institute and Faculty of Actuaries=IFA=UKAP • Expense ratio • Group pensions • Institute of Actuaries of Australia=IAAust • Experience refund • Guaranteed investment contract=GIC • Insurance guaranty fund=Insurance guaranty • Expert witness=Expert testimony • Guaranteed issue=GI association • Extreme value theory • Guaranteed living benefits=GLB • Insurance valuation tables • Factor analysis • Guaranteed minimum accumulation benefits=GMAB • Interest rate modeling • Fair value accounting • Guaranteed minimum death benefits=GMDB • Interest rates • Family coverage • Guaranteed minimum income benefits=GMIB • Intergenerational equity • Federal Reserve Bank • Guaranteed minimum withdrawal benefits=GMWB • Internal replacements • Fiduciary • Health care costs • Internal Revenue Service=IRS • Financial accounting controls • Health care quality • International Accounting Standards Board=IASB • Financial Accounting Standards Board=FASB • Health care reform • International Accounting Standards=IAS • Financial economics • Health economics • International Actuarial Association=IAA • Financial management • Health factors • International Financial Reporting Standards=IFRS • Financial planning • Health information exchanges • Interpersonal skills • Financial reform • Health information technology • Investment policy • Financial reinsurance • Health insurance • Investment risk • Financial reporting • Health Insurance Association of America=HIAA • Investment strategy • Financial security • Health insurance high risk pools • Lapse rates=Lapses • Fixed income • Health maintenance organization=HMO • Letters of credit • Fixed income annuities • Health policy • Leverage • Fixed indexed annuities • Health reinsurance • Liability driven investments=LDI • Foreign exchange • Health reserves • Liability valuation Property of the Society of Actuaries – Not for Distribution Jun-13 2 Society of Actuaries Keywords • Life and annuity expenses • Mergers and acquisitions=M&A • Pension benefits • Life company expenses • Microeconomics • Pension equity plan • Life expectancy • Middle market • Pension finance • Life expectancy calculator • Military pensions • Pension funds • Life insurance • Model validation • Pension legislation • Life Insurance Marketing and Research • Modeling efficiency • Pension liabilities=Pension obligations Association=LIMRA • Modified coinsurance=Modco • Pension plan assets • Life Office Management Association=LOMA • Modified endowment contract=MEC • Pension plan costs • Life reinsurance • Monetary policy • Pension plan governance • Life reserves • Monte Carlo simulation • Pension plan term • Life settlements • Morbidity rates=Morbidity tables • Pension policy • Life valuation • Mortality assumption • Pension reform • Liquidity • Mortality modeling • Pension trusts • Logistic regression • Mortality rates=Mortality tables=Death rates • Pension valuation • Longevity • Mortality risk • Persistency • Longevity risk • Mortality-based securities • Personal health records • Long-term care insurance=LCTI • Mortgage-backed securities • Phased retirement • Long-term care policies • Mortgages • Policy loans • Long-term care reinsurance • Multi-employer plans • Policyholder behavior • Long-term care reserves • Municipal bonds • Population mortality • Long-term care=LTC • National Association of Insurance • Portability • Loss ratio=LR Commissioners=NAIC • Portfolio management • Loss reporting • Neural networks • Post-acute care • Macroeconomics • Nonforfeiture benefits • Post-employment benefits=OPEB=Other post- • Major medical insurance • Obesity employment benefits • Managed care • Offshore insurance • Practice notes • Management skills • Online insurance sales=Automated underwriting • Predictive modeling • Market Consistent Embedded Value=MCEV • Operational risks • Preferred provider organization=PPO • Market risk • Optimization • Premium deficiency reserves • Market value of assets • Own Risk Solvency Assessment=ORSA • Premiums • Market value of entities • Partial annuitization • Prescription drug costs • Market value of liabilities • Participating life insurance • Presentation skills=Public speaking • Marketing and distribution • Patient Protection and Affordable Care Act= • Preventive care • Markov Chain PPACA=Affordable Care Act • Previous benefit cost • Medicaid • Patient-centered medical homes • Previous benefit cost ratio • Medical demography • Payment models=Health care payment models • Principal-agent relationship • Medical expenses • Payment reforms=Health care payment reforms • Principles-based approach=PBA • Medical Loss Ratio=MLR • Payout annuities • Principles-based reserves=PBR • Medicare • Pension accounting • Privacy laws • Medicare supplement • Pension annuities • Private equity • Mental health care • Pension Benefit Guaranty Corporation=PBGC Property of the Society of Actuaries – Not for Distribution Jun-13 3 Society of Actuaries Keywords • Private sector pension plans=Corporate pension • Scenario generation=Scenario generators=Economic • Termination rates plans scenario generators • Third party administration=Third party • Product administration=Policy administration • Secondary guarantees administrator=TPA • Product development • Securities and Exchange Commission=SEC
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