2021-03-17T16:14:12+00:00

August 31 – September 2, 2020: Valuation Actuary Virtual Symposium

August 18, 2020 Stop by our corporate sponsor profile page on the SOA Valuation Actuary Virtual Symposium site to chat with us and learn more about our end-to-end actuarial software solutions. And make sure to come "see" our PolySystems presenters speak at the sessions below!

2021-03-08T04:29:49+00:00

Complete support for LDTI

PolySystems is widely recognized as the best GAAP valuation system in the market and is used by more than 100 companies processing over $500 billion in GAAP reserves. Our expertise with combining policy history with projection results and calculating cohort level results for FAS97 has allowed for an aggressive timeline for software delivery which many of [...]

2021-03-08T05:14:40+00:00

Registration is Now Open for the 2019 Webcasts for GAAP Basics

PolySystems and the Society of Actuaries are sponsoring three webcasts on GAAP Basics for Traditional Life, Universal Life, and Deferred Annuities. GAAP Basics - Traditional Life Webcast Wednesday, July 31, 2019 12:00-1:30 p.m. ET For more information and to register, click here. GAAP Basics - Universal Life Webcast Wednesday, August 7, 2019 12:00-1:30 p.m. ET  For [...]

2021-03-08T04:28:20+00:00

GAAP Targeted Improvements Software Releases

FASB’s objective of targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts has a major impact on the actuarial software industry in all four categories. PolySystems best-in-class GAAP LDTI software uses our proven methods for combining policy history and projections. Partner with our team of U.S. GAAP experts to plan your [...]

2021-03-08T05:12:32+00:00

Register for the 2019 Reserves Seminars

Reserves Seminars 2019 Join PolySystems and the Society of Actuaries in June for our annual series of Reserves Seminars. PolySystems specifically designed these seminars to demonstrate how to apply the fundamental principles of reserving to the practical, on-the-job demands of statutory, GAAP, and tax financial reporting. The concentrated syllabus and classroom style atmosphere of these seminars [...]

2019-02-28T18:21:26+00:00

2019 US GAAP Basics Webcast Series – Save the Date!

Save the Date for the 2019 US GAAP Basics Webcast Series PolySystems has partnered with the SOA to provide a series of webcasts on GAAP reserving principles. Mark you calendar for the following dates: Traditional Life Wednesday, July 31, 2019 12:00-1:30 P.M. EST For more information, click here. Universal Life Wednesday, August 7, 2019 12:00-1:30 P.M. [...]

2021-03-08T04:31:29+00:00

PolySystems Enters Licensing Agreement with Oliver Wyman

PolySystems is excited to announce that we have entered a licensing agreement with the Actuarial Practice of Oliver Wyman.  Please see the following press release issued by Oliver Wyman to learn more about our partnership: February 11, 2019 The Actuarial Practice of Oliver Wyman has entered a licensing agreement with PolySystems, Inc. a software provider serving [...]

2021-03-08T05:11:13+00:00

Register for the New VM-20 Modeled Reserves Session at the 2018 Reserves Seminars

PolySystems is excited to announce a new session on VM-20 Modeled Reserves at our annual Reserves Seminars this June! Cosponsored with the Society of Actuaries, this session offers a comprehensive and introductory-level session on U.S. statutory reserving principles for modeled reserves on life insurance products under VM-20.

2021-03-08T05:10:52+00:00

Register for the 2018 Reserves Seminars: Traditional Life, Universal Life, and Deferred Annuities

PolySystems and the Society of Actuaries are once again sponsoring their annual Reserves Seminars this June. These seminars are comprehensive, introductory-level sessions on U.S. reserving principles for traditional life, universal life, and deferred annuity products.

2021-03-08T04:27:22+00:00

Guide for VM-20 in PolySystems Now Available

VM-20 is a significant addition to principles-based reserves; generally applicable for life insurance products, it applies a joint formulaic and modeled cashflow framework for calculating reserves. PolySystems offers the most comprehensive solution to VM-20 in the industry with point-in-time valuation and asset-liability projection capabilities for all lines of business.

2021-03-08T05:16:11+00:00

PolySystems Testing Services for Tax Reserve Impacts

The new tax law changes how reserves are computed for the purpose of determining taxable income. All policies in all lines of business are affected. These changes happened quickly. Many are now left wondering what the impact might be as we go into year-end work. These changes will not impact the 2017 tax returns, but some ponder how cashflow testing will be influenced.

2021-03-08T05:10:08+00:00

Registration is Now Open for the 2018 Webcasts for GAAP Basics

PolySystems and the Society of Actuaries are sponsoring three webcasts on GAAP Basics for Traditional Life, Universal Life, and Deferred Annuities. GAAP Basics - Traditional Life Webcast Thursday, March 8, 2018 12:00-1:30 p.m. ET For more information and to register, click here. GAAP Basics - Universal Life Webcast Wednesday, March 14, 2018 12:00-1:30 p.m. ET  For [...]

2021-03-08T05:13:08+00:00

Now Available: Support for VM-22 in IncomePay

VM-22 requires a new process for defining valuation interest rates and is effective for issues beginning 1/1/2018.  PolySystems made the following enhancements to the IncomePay screen system and calculation engine to support this new requirement: New fields on the NAR and PDH to look up the correct interest rate. New assumption tables in the screen system [...]

2021-03-08T05:13:55+00:00

Now Available: PolySystems Launcher Utility

PolySystems Launcher Utility provides actuarial users with a point-and-click GUI interface for custom control over the automation of run processes without the knowledge of a special IT language. The Launcher Utility has an intuitive structure for building out a scripting overlay and features the following: a process scheduler that is easy to read and update from [...]

2021-03-08T05:08:16+00:00

Now Available: PolySystems Global Assumptions Utility for Stress and Scenario Testing

The Global Assumptions Utility facilitates stress and scenario testing and reverse stress testing for multiple projection purposes, including ALM, cashflow testing, risk analysis/ERM, MCEV/EV, economic capital, plan, ad-hoc stresses, PBR, IFRS, and pricing. In one pass, the program can scenario test and stress multiple assumptions. The Global Assumptions Utility captures and delivers stress base results by [...]

2021-03-08T05:17:25+00:00

Join PolySystems at the 2017 SOA Life & Annuity Symposium

Stop by the PolySystems table near Registration during the 2017 SOA Life & Annuity Symposium to say hello and speak with John Adduci, Bob Keating, and Jason Kehrberg. 2017 SOA Life & Annuity Symposium May 8–9, 2017 Sheraton Seattle Hotel | Seattle, Washington For more information and to register, click here.