Deferred Annuities

PolySystems annuity software offers integrated financial reporting and modeling from a single platform, and our extensive product knowledge allows us to build the solutions you need. PolySystems supports all major U.S. statutory, tax, and GAAP reserving methodologies. We actively follow potential changes to reserving rules and guidelines (e.g., VM-22 for fixed annuities) to keep our software compliant and ready for new regulations.

Broad Product Support

Broad Product Support

PolySystems deferred annuity software supports all major deferred annuity products, from legacy products to the most innovative products coming to market.

  • Fixed, variable, indexed, and combination products
  • Dual fund
  • Deferred maturity products
  • Long Term Care (LTC) riders, including acceleration, inflation, and extension of benefits
  • Living benefit riders:
    • Guaranteed Minimum Accumulation Benefit (GMAB)
    • Guaranteed Minimum Income Benefit (GMIB)
    • Guaranteed Minimum Withdrawal Benefit (GMWB)
    • Guaranteed Lifetime Income Rider (GLIR) or Benefit (GLIB)
    • Earnings Preservation Rider (EPR)
  • Guaranteed Minimum Death Benefit (GMDB) riders:
    • Ratchet
    • Enhanced
    • Return of Premium

Our deferred annuity software features innovative, out-of-the box functionality that can be customized with your whole actuarial department in mind so that you can focus on analyzing the results.

Processing Highlights

Processing Highlights

Processing capabilities for our deferred annuities software include:

  • Robust scenario projections required for SOP 03-1, FAS 133, and other actuarial standards on large blocks of data that can require a large amount of computing power
  • Generational mortality tables (2012 Individual Annuity Reserve IAR)
  • Joint life mortality
  • Index crediting strategies
  • Attribution analysis to roll forward reserves
  • Sensitivity testing and other ad hoc runs
  • GAAP unlocking
  • Weighted utilization GWBs
  • User-defined formulas for complex and custom dynamic policyholder behavior such as lapses, annuitizations, fund transfers, and EI renewals
  • Annuity reinsurance (assumed and ceded)

Multiple Accounting Methodologies

Multiple Accounting Methodologies

Supported deferred annuity accounting methodologies include:

Statutory and Tax Accounting

  • Actuarial Guideline 33, 34 , 35, 39, and 43 calculations
  • NY Regulation 127 for market value adjustments
  • RBC C3 Phase 2

GAAP Accounting

  • GAAP projections for FAS 97, FAS 133, FAS 157, SOP 03-1, and other necessary accounting bases
  • Stochastic scenarios
  • Purchase GAAP for VOBA and other intangibles


  • Economic capital for ORSA, pricing, and other applications
  • Economic reserves for reinsurance and other applications

Available Modules

Available Modules

Additional modules can also be run with our Deferred Annuities software for a variety of actuarial needs.

  • Policy History Management

    Our Horizon Software gathers, edits, manages, and prepares policy inventory data from admin systems or data warehouses.

  • Experience Studies

    Our Measure software automates and productionalizes experience studies using data and assumptions in valuation and projection setups.

Find your software solution today!