Abraham, Jon P.
The purpose of this Major Qualifying Project is to assist Phoenix Life Insurance Company in a transition to a new actuarial valuation software, PolySystems. We gathered data from Phoenix’s variable annuity product portfolio, including all death benefits and riders, with a special focus on features and mechanics, and organized the information into templates in accordance with product specifications. In addition, we updated and peer reviewed the universal life and variable universal life insurance product template to ensure accuracy for the conversion to PolySystems. The constructed variable annuity templates and updated universal life and variable universal life templates were delivered to the conversion team at Phoenix who will use them to code the product blocks into PolySystems.
Worcester Polytechnic Institute
Major Qualifying Project
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