2025 Board Member Candidate
Melody Prangley, FSA, MAAA, EA, FCA
Credentials: FSA 2007, MAAA 2008, EA 2009, FCA 2021
Country: Canada
Practice Area: Retirement
Employer/Current Work: NYS Teachers Retirement System
SOA Board Experience: 2022-2025
Video
Questionnaire
PROFESSIONAL BACKGROUND AND VOLUNTEER EXPERIENCE: Provide a brief description of your professional background and the type of work you have performed. Please include SOA and non-SOA volunteer and governing experiences including collaborative leadership. Explain how these experiences have prepared you as an Elected Board Member and qualify you in carrying out the strategic direction of the SOA.
I work for one of the largest pension plans in the world. I work in the actuarial department but actively work with the risk, audit and compliance departments. Recent projects include adapting AI into the workplace with the IT department, updating the risk KPIs with the risk department and reviewing our audit profiles for our board for the audit department. In my role at work, I report to the board four times a year at board and committee meetings and at ad hoc times in between. I manage a team of actuaries and actuarial students. I stay up to date on the candidate experience and the professional experience of actuaries through interactions with my team.
I have enjoyed my time as a SOA Board member. Having elected board members serve consecutive terms provides continuity and decision-making strength. As a Board member I was motivated to work on as many different committees as possible to get a full understanding of the board's work. I served as the audit and risk chair. I was a member of the education, finance and governance committees. I served as the liaison to YPAC and the DEIC. The variation allows me to understand the SOA better and make my Board decision-making strong.
Before becoming a Board member, I volunteered for the SOA for 17 years in the education department, ending my volunteer time as the Chair of the Retirement exam committee. The education volunteering allowed me to make strong decisions for the SOA Board and stay up to date with the candidate experience.
Volunteering for the SOA has been one of the most rewarding parts of my career and I hope very much to continue as a Board member.