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 investigate and quantify the impact of a wide variety of insurance, retirement and financial product and services on the income and wealth gap across various racial and ethnic groups in the U.S. for reasons other than income, wealth level, or employment status. The SOA would like to understand the prevalence of each product or service, variation of prevalence across racial and ethnic groups, and its impact on the wealth gap by racial and ethnic group, including the impact across decades or generations.
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, and
- 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.
Opportunity Location
U.S. Only
Travel Required
None
SOA Training Required
None
Specializations
Open to all specializations