Description: The SOA Research Institute is pleased to make available material for Primer on Retirement Income Strategy Design and Evaluation, a primer that addresses strategies to generate income during retirement from the perspectives of their design and evaluation. Design involves specifying a joint investment and withdrawal strategy, which entails deciding how to invest available assets and setting a plan for withdrawing income. Evaluation involves analyzing how well the potential outcomes arising from a strategy satisfy objectives, which provides the foundation for strategy selection. The main focus of this Primer is investment strategy rather than withdrawal strategy. However, investment strategy cannot be examined independently from withdrawal strategy. Income generation is the focal point of a retirement income strategy, and this in turn depends on the rules under which income is drawn. In addition to the primer, the authors have created two Excel models for illustrative purposes.

Description: Relationship management is your ability to use your awareness of your own emotions and those of others to manage interactions successfully. Given enough time and quality exchanges, we can form a relationship with any person we encounter. We should strive to develop positive relationships with people we like, and even with those we don’t like as much. Once established, both parties will understand each other better and benefit from the connection. Relationships can be challenging, especially at work or under stress. Skillfully managing them will help you initiate direct and productive conversations to alleviate misunderstandings, solve conflicts and achieve desired goals. This article explores strategies to develop the skill of relationship management.

Description: The Retirement Section Research Committee (RSR) of the Society of Actuaries Research Institute is interested in an exploration of the evolution of the effects of pension plans on their sponsors from a corporate financial perspective and the implications for plan sponsors, actuaries working on these plans and other impacted stakeholders.

Description: Actuarial science curricula at universities tend to focus on preparing students for academic and professional exams. In this article, I will share the value of student professional development and how it complements the technical skills taught in the classroom, using Temple University as an illustrative case study.

Description: Further explore the pipeline of large claims approaching in the future in this webcast. Some of these upcoming claims include Cell and Gene Therapies, as well as high medical costs. In order to prepare for the multitude of claims, this session provides the insurance industry with an overview of what these large claims consist of. You can also expect important recommendations on how to properly prepare for them to succeed in this market.

Description: An article about redefining risk management, written entirely by ChatGPT.

Description: The SOA announces the evolution of the Fellowship of the SOA (FSA) pathway. The SOA is making enhancements to help meet the growing global demand for actuarial talent. These enhancements will improve the candidate learning experience and provide more flexibility and global relevancy in the curriculum while maintaining the rigor that has earned respect for the FSA designation worldwide.

Description: This report provides actuaries and other finance professionals with an example of running the Medicaid Unwinding model with results at the national level on projected changes in both acuity and enrollment for Medicaid and Children’s Health Insurance Program.