Description: The SOA Research Institute tasked the Workforce Science Institute to investigate how retirement benefit plans can affect a plan sponsor’s workforce and business results. The following is an interview with Rick Guzzo and Haig Nalbantian co-founders of the Workforce Science Institute who are the researchers on this project. The interview gives a helicopter view of the project as well as provides some “food for thought” on how retirement plans can be designed to produce an effective workforce.

Description: This report updates the Canadian Mortality Data through 2021 in the Human Mortality Database and Canadian Human Mortality Database, including methodology, data sources, and internal consistency checks.

Description: Review the syllabus for the August 2024 Introduction to General Insurance (GIINT) Exam.

Description: View and download the report "Informal Caregiving: Measuring the Cost and Reducing the Burden" in Simplified Chinese.

Description: Interview of Natasha Regan about her mastery of the game of chess.

Description: The article introduces a cashflow matching strategic asset allocation (SAA) framework for life insurers. Given the recent shift to higher interest rates after two decades of persistent low interest rates, insurers have an opportunity to enhance their asset liability management by rebalancing asset portfolios to narrow duration gaps and attain higher risk-adjusted yields. The framework aims to align investment objectives with economic, regulatory, and rating agency requirements. It prioritizes cashflow matching as the primary optimization goal and incorporates security-level asset information to assist portfolio managers in executing SAA seamlessly. The article highlights the benefits of the cashflow matching SAA framework, including greater attention to cashflow matching, unbiased results, readily executable strategies, and stable economic reserves. A case study is included to demonstrate the effectiveness of the framework in improving risk-adjusted return and cashflow matching for a representative liability block.

Description: The Society of Actuaries (SOA) Spotlight Societal Purpose Award is dedicated to recognizing the extraordinary contributions of candidates, members, affiliates, and employers who are leaders in championing community involvement for positive purpose.

Description: Please join the council and friends of the Social Insurance and Public Finance section to hear what we are all about. We will share a bit about the purpose of the section and our recent activities. We will also open up the floor to attendees to find out what you are most interested in over the coming year pertaining to this section.

Description: Read this essay, which addresses the actuarial impact of mental health issues in retirement.

Description: The SOA honors individuals making important strides in the diversity, equity and inclusion space. Learn more about the process and nominate a volunteer.