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SOA Podcasts - Society of Actuaries

Society of Actuaries (SOA)www.soa.org
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Episodes

PD Edge Pod Episode 4: Actuaries building trust while utilizing AI models with Amanda Hug

This interview featured Amanda Hug, the president and chair of the Society of Actuaries, discussing the role of actuaries in building trust with AI models. Amanda shared a personal anecdote from a trip to Uganda, highlighting the global reputation of actuaries. The discussion covered the importance of integrity, excellence, and professionalism in the actuarial field and provided advice on incorporating AI into actuarial processes while maintaining ethical standards. Contributors: Amanda Hug, FSA...

Aug 12, 202515 min

Health Section: Bridging Data Science and Actuarial Science

Listen to this interview with Whitney Pratt – an actuary who leads a team of data scientists – about similarities and differences of the two fields and how we can better work together. If you are an actuary wanting to know more about data science, or trying to choose between the two career paths, this is a must listen!

Aug 04, 202527 min

Faulty Medication by Brian Tajlili, FSA, MAAA

SOA is proud to present the audio version of the winning entry in the 2024-25 Speculative Fiction Contest, Faulty Medication by Brian Tajlili, FSA, MAAA. Here is what the contest's literary judge, Dr. Bob Mielke, had to say, “Nothing but positives here. A plausible and timely scenario, excellent world-building, vivid incidents, lively and detailed, polished and very well-written. …This story has a real shot at publication even beyond the realm of actuaries.” Find the written version at https://w...

Jul 10, 202522 min

Marketing and Distribution Section: The Rise of Marketing Actuaries: Where Data Science Meets Marketing

Join host Tiana Zhao, FSA, CERA, as she explores the emerging field of marketing actuaries in this insightful episode of the SOA Marketing and Distribution podcast. Discover how these professionals blend actuarial science with marketing strategies to drive data-informed business decisions. Tiana breaks down the key responsibilities of marketing actuaries, including data analysis, predictive modeling, customer segmentation, and pricing optimization. Learn how this evolving role is shaping the fut...

Jul 02, 202510 min

Emerging Topics Community: Model Validation 101: Bring your Calculus Mindset!

In this podcast episode Joe Alaimo interviews Bob Leach. Bob introduces us to model validation concepts from the article that he has written for the emerging topics community: Model Validation 101: Bring your Calculus Mindset! Bob discusses how to use calculus concepts to validate results from actuarial models. This discussion is in the context of principle-based reserve valuation models, but the concepts can be extended to other types of actuarial models, like pricing or risk management models....

Jun 30, 20258 min

Young Professional Advisory Council: The Path Less Actuaried: from Med School to Actuary

In this podcast, Michael Frings FSA, MAAA, now Chief Actuary at one of the Bermuda insurance companies, shares his experiences on his career path, where he started from an unexpected place -- medical school, which ultimately took him to where he is now -- an actuary. Please join us as we explore how Michael navigated his "unusual" path, how he found success, and what one may expect entering the profession from a different background.

Jun 30, 202529 min

PD Edge pod Episode 3: The Building Blocks of IFRS 17 with Darryl Wagner

In this podcast Darryl Wagner, Principal with Deloitte Consulting, discussed the complexities and principles of IFRS 17, highlighting its goal to standardize insurance accounting globally. He explained the building blocks of IFRS 17, including best estimate cash flows, risk adjustment, and contractual service margin (CSM). Darryl emphasized the significant data and technology requirements for implementation and the importance of cross-disciplinary collaboration among actuaries, accountants, and ...

Jun 27, 202520 min

Health Section: MAPD Landscape

Host Jackie Lee discusses the MAPD historical and future landscape of the Medicare Advantage market. They talk about notable milestones throughout the years and their impact on the growth of this sector.

Jun 16, 202524 min

Professional Development Edge+: Episode 2 Why Actuaries should oversee AI models with Sherry Chan & Robert Eaton

This podcast features Robert Eaton, Principal and Consulting Actuary at Milliman and Sherry Chan, Managing Director at EY. They discussed the role of actuaries in overseeing AI models, highlighting their unique skills in data analysis and model evaluation. Robert and Sherry emphasized the importance of actuaries in ensuring AI models are free from bias and leveraging AI to handle routine tasks, allowing actuaries to focus on strategic and analytical roles. For more info on PD Edge+ click here: h...

Jun 03, 202512 min

Marketing & Distribution Section: Building Strong Relationships in Actuarial Marketing and Distribution

Join host Tiana Zhao as she explores the critical role of relationships in actuarial marketing and distribution. In this insightful episode, Tiana discusses why strong partnerships are essential in the insurance and financial services industry, and provides practical tips for understanding distribution partners, effective communication, collaborative product development, and building trust.

Jun 02, 20259 min

Health Section: High Road Leadership

Join Host Jackie Lee with Brian Pauley as they discuss the characteristic of leaders, including developing an abundance mindset. Their discussion is based on the High Road Leadership book by John Maxwell and Brian’s article featured in The Stepping Stone .

Jun 02, 202525 min

Emerging Topics Community: Comparison of Regulatory Framework for Non Discriminatory AI Usage in Insurance

Join Joe Alaimo, Founder and CEO of ProComp, and David Schraub, Founder and CEO of David Schraub Actuarial Consultancy, as they discuss the rapidly developing regulatory frameworks surrounding AI in the insurance industry. They explore the intricacies of laws and guidelines across the U.S., Canada, the European Union, and China, focusing on AI's role in underwriting, pricing, and risk management. David shares insights on how actuaries can navigate the regulatory challenges of AI while promoting ...

May 27, 202516 min

Young Professional Advisory Council: Bring Passion to Your Career Journey

Join host Andrea Wang, ASA, ACIA, for an inspiring episode featuring Vincent Lepez, PhD, IAF (Institut des Actuaires Francais), a distinguished leader and a seasoned expert in the insurance and reinsurance industry. With decades of experience bridging academia and diverse global sectors, Vincent unveils his remarkable career journey, offering actionable insights on discovering your passion and mastering industry transitions. Tune in to uncover how curiosity, adaptability, and strategic risk-taki...

Apr 28, 202542 min

Entrepreneurial & Innovation: Turning Modeling Headaches into an Actuarial Infrastructure Startup

Host Victor Zhao, FSA, CERA sits down with Frank Cheung, FSA, MAAA, CEO and Founder of Accorded, to explore how modeling headaches and operational friction inspired him to launch an actuarial data and analytics infrastructure startup. Frank shares how he identified the core problem, validated it through deep industry conversations, and took the leap into entrepreneurship.

Apr 01, 202535 min

Young Professional Advisory Council: Calculated Risks with Jing Lang - A Journey from Corporate Actuary to Entrepreneur

How do you go from working in a structured corporate actuarial role to forging your own entrepreneurial path? In this episode, Yisi Wang, FSA, CFA sits down with Jing Lang, FSA, FCIA, a seasoned actuary, writer and entrepreneur, who transitioned from corporate actuarial science to entrepreneurship. She shares her journey, the challenges she faced, and the strategies that helped her navigate uncertainty. Whether you're contemplating a career shift, exploring entrepreneurship, or simply love heari...

Mar 31, 202530 min

Health Section: Professionalism – ABCD

Do you need professionalism credits? Look no further and listen to host Jackie Lee discuss experiences with the ABCD for counseling from guests Cathy Quock and Lydia Tolman.

Mar 24, 202525 min

Young Professional Advisory Council: Leadership Lessons from an Entrepreneurial-Minded Actuary

Join host Silver Zhou, FSA, Chair of YPAC, for a dynamic conversation with Matthew Duke, ACAS, a seasoned actuary, insurance industry leader, and longtime volunteer in various actuarial organizations. Duke shares the deliberate and strategic steps that shaped his career in both traditional actuarial roles and non-traditional industries. Along the way, he reveals invaluable insights on the impact of mentors and coaches at different career stages and why understanding people is key to success as a...

Feb 24, 202536 min

Health Section: Professionalism – Actuarial Communications

Listen in to get those professionalism CE credits with host Jackie Lee and guest Cathy Quock. They talk about the differences between actuarial communications in a consulting role or internal company setting. They reference the Code of Professional Conduct and ASOPs.

Feb 17, 202526 min

Long Term Care Section: The LTC Population Research Model

Roger Loomis talks with Eddie Armentrout of Actuarial Research Corporation about the SOA Research Institute’s LTC Population Research Model, which can be used to examine the impact of public LTC plans on beneficiary finances and service utilization.

Feb 13, 202535 min

Marketing & Distribution Section: Actuarial Alliances: Navigating the Shifting Landscape of Partnerships

In this podcast episode, join host Tiana Zhao, FSA, CERA and guests Dennis Li, Director of Business Development and Partnerships at Amplify Life Insurance, and Christopher Rzany, Vice President of Strategic Marketing Alliances at Fidelity Life Association and eFinancial, to explore the dynamic world of partnerships. This podcast delves into challenges, evolution and emerging opportunities in this critical aspect of insurance and financial services industries.

Feb 10, 202537 min

Actuary of the Future: Launching Your Actuarial Career: Si Xie

Nick Kocisak, FSA, in his final episode as host, speaks with Si Xie, FSA, FCIA, CERA, about her experience working as an actuary in international markets. Si provides detailed insights into her observations from working in international markets, describes challenges and opportunities presented by international work, and offers advice on how you can establish your international footprint.

Feb 07, 202535 min

Emerging Topics Community: LLMs – Separating the Models From the Applications

Join Anders Larson and Shea Parkes as they dive into the world of large language models (LLMs) again. Actuaries are familiar with matrix multiplication, which is at the heart of most LLMs, but not all actuaries are as familiar with how complex software application components work together. In this episode we tease apart the models from the applications and discuss which is responsible for what parts of the magic.

Feb 04, 202520 min
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