Research - Socioeconomic Factors Driving the Need for Actuarial Products

How does this role benefit the work of the organization and the profession?            

This role supports the research activities of the Diversity, Equity and Inclusion Research Advisory Council (DEIRAC). Project Oversight Group volunteers help ensure a high-quality SOA research product that will educate and inform the profession, helping to identify ways to improve actuarial products, services, or tools in ways that serve the public more equitably. This research project is to identify the socioeconomic factors other than income or wealth level that play a significant role in the need and demand for insurance, retirement and financial products and services with which actuaries work. Identify differences in those factors across varying economic, racial/ethnic groups and the impact on actuarial or related products and services.

Responsibilities & Duties

• finalize the project scope and set expectations in collaboration with the researcher
• provide guidance to researchers in the form of insights, experience, expertise and knowledge
• review draft material and provide feedback to the researcher
• advise on appropriate forms of dissemination of results

Time Commitment

• 11 to 20 hours
• Estimated time commitment is 1-3 hours per month, including 1-hour conference calls throughout the project. Most research projects last for 6-9 months.
• Most of time will be spent reviewing materials and providing feedback on conference calls and/or by email.

Experience Required

• Open to SOA Members, Non-Members and Candidates
• Passionate about improving the U.S. industry's and general public's experience with actuarial products and services, especially with respect to equity across racial and ethnic groups and other minorities such as LGBTQ+ persons. Experience or interest in product development a plus.

Opportunity Location

U.S. Only

Travel Required

None

SOA Training Required

None

Specializations  

Open to all specializations