IBM M2020-622 - IBM Risk Analytics for Insurance and Pensions Sales Mastery Test v1 Exam
Page: 3 / 5
Total 24 questions
Question #11 (Topic: )
For which type of company would the Compliance & Reporting Edition of the IBM
Algorithmics Economic Capital & Solvency II Solution be most suitable?
Algorithmics Economic Capital & Solvency II Solution be most suitable?
A. A North American-based insurer seeking NAIC and SMI compliance
B. A large global insurer interested in using Internal Models to compute Economic Capital
C. A firm interested in upgrading to a new actuarial modeling system
D. A multi-line insurance company interested in a complete package that supports the Standard Formula
Answer: D
Question #12 (Topic: )
What is the appropriate Solvency II solution for a large life insurance company with a
complex organizational structure which prefers to build internal models?
complex organizational structure which prefers to build internal models?
A. IBM Algorithmics Actuarial & Financial Modeler
B. IBM Solvency II Accelerator
C. IBM Algorithmics Economic Capital and Solvency II: Enterprise Edition
D. BM Algorithmics Economic Capital and Solvency II: Compliance and Reporting Edition
Answer: C
Question #13 (Topic: )
What is the appropriate solution for an insurer seeking a stand alone reporting system for
Solvency I Compliance?
Solvency I Compliance?
A. IBM Algorithmics Economic Capital and Solvency II: Compliance and Reporting Edition
B. IBM Algorithmics Economic Capital and SolvencyII: Enterprise Edition
C. IBM Solvency II Accelerator
D. IBM OpenPages Operational Risk Management Solution
Answer: A
Question #14 (Topic: )
Which is the appropriate qualifying question for a prospect for the Pillar II solution?
A. Where do you see the challenges for risk reporting for Solvency II?
B. What are the key risk measures you want from your risk system?
C. How do you plan to define, monitor and report on Risk Objectives, Risk Management Principals, Risk Appetite, and Assignments of Responsibility?
D. What risk systems are you currently using?
Answer: A
Question #15 (Topic: )
What are the most likely organizations to be competing for control of a Solvency II
Compliance Initiative in a large complex insurance company'?
Compliance Initiative in a large complex insurance company'?
A. Actuarial Investment, IT, Finance,and Risk
B. Underwriting, Actuarial, Investment, Finance, and Risk
C. European Sales, Underwriting, IT, Finance, and Risk
D. Actuarial, HR, Investment, IT, and Risk
Answer: B
