Building Pooling and IBNR Allocations in PeopleSoft

Presented by Beacon Application Services

Session ID 101010, presented at RECONNECT 13

Insurance industry requirements for calculating Pooling and IBNR are often too complex to be easily accommodated with PeopleSoft Allocations. Often part or all of the calculations are done outside of the system and then manually booked. This session will discuss approaches for building these allocations within PeopleSoft including an iterative process to calculate IBNR while maintaining non-negative balances.