The Longevity Brief with Siegel and Clark - Episode 1

Can an AI model deliver strong predictive accuracy while still relying on biased or distorted data? In this episode of the Society of Actuaries Research Institute's Research Insights podcast, host Lisa Schilling, Director of Practice Research, welcomes researchers Hong Li, FSA, ACIA, and Jiangang He to discuss their report, Evaluating Bias Mitigation Strategies in AI Models for Insurance Pricing and Risk Assessment. The conversation explores how measurement distortions and indirectly associated variables can affect insurance risk predictions, even when sensitive group labels are excluded from model training. Drawing on synthetic simulations across five insurance applications—life, auto, credit, mortgage and health—the researchers compare traditional generalized linear models, standard neural networks and adversarial neural networks designed to mitigate potential bias. Listeners will discover why predictive accuracy alone may not be sufficient, how adversarial learning can help reduce group-level disparities, and why evaluating model performance at real-world decision thresholds is essential for effective model validation and governance. Listen to the episode to learn how actuaries can strengthen AI model validation while balancing predictive performance, fairness and responsible risk assessment.

What happens when the retirement benefits employees value most are compared with what those benefits actually cost employers? In this episode of the Society of Actuaries Research Institute's Research Insights Podcast, host Lisa Schilling, Director of Practice Research, welcomes Timothy Geddes, FSA, EA, FCA, MAAA, Managing Director at Deloitte Consulting LLP, and Ian Raver, EA, FCA, MAAA, Actuarial Manager at Deloitte Consulting LLP. Building on earlier research into employee retirement preferences, the discussion explores how plan sponsors can balance employee satisfaction with financial sustainability. Topics include the cost-effectiveness of survivor and legacy benefits, surprising opportunities involving 20-year certain annuities, the expense of inflation protection, disability coverage, retirement eligibility ages and employee cost-sharing arrangements. Discover how understanding both employee preferences and employer costs can help plan sponsors make more informed retirement plan design decisions and potentially deliver greater value without significantly increasing spending. Explore the research: What Retirement Plan Features Do Employees Really Want?

In recognition of World Environmental Health Day, this episode of the Research Insights Podcast revisits a Research Insights Classic exploring climate change and its connection to health, risk, and decision-making. The discussion examines how climate-related changes—including shifts in air quality, extreme heat, severe storms, and displacement—can affect health outcomes, economic stability, and the risks individuals, communities, and organizations may need to consider and plan for. World Environmental Health Day highlights the important relationship between the environment and human health. This conversation offers a timely opportunity to revisit how changing environmental conditions can translate into real-world challenges and why understanding these interconnected risks continues to matter. Listen now to revisit this Research Insights Classic and explore the connections between climate change, health, and risk.

Behavioral health is increasingly recognized as an important part of overall health—and an area where health plan sponsors, providers and actuaries have opportunities to improve outcomes. In this episode of the Research Insights Podcast, Kara Clark, Senior Research Actuary at the Society of Actuaries Research Institute, is joined by Joan C. Barrett, FSA, MAAA, author of the report Developing and Evaluating Behavioral Health Solutions. Their conversation explores the connection between behavioral and physical health, how behavioral health disorders are diagnosed and treated, and the barriers patients may face when seeking care. Joan also discusses emerging opportunities, including digital health applications, advances in treatment and genetics, evolving provider strategies, and the growing role of health plan sponsors in addressing behavioral health. The episode also examines how actuaries can evaluate behavioral health solutions from both financial and stakeholder perspectives, with the goal of lowering total cost of care, improving quality of care and improving quality of life for patients and caregivers. Tune in to learn more about the challenges, opportunities and evolving strategies shaping behavioral health today. Series Landing page: https://www.soa.org/resources/research-reports/2026/behavioral-health Feedback at [email protected]

How can actuaries assess mortality and morbidity risk when historical experience may no longer fully reflect a changing climate environment? In this episode of the Research Insights Podcast, Dale Hall, Managing Director of Research at the Society of Actuaries Research Institute, welcomes Carlos Arocha, FSA, SCR, and Jérôme Crugnola-Humbert, SAV, IA, authors of the report Quantifying Mortality and Morbidity Impacts from Climate Risks: A Practical Framework for Decision-Making. Carlos and Jérôme discuss how climate hazards, population exposure and vulnerability can translate into life and health outcomes and ultimately affect actuarial decision-making. They explore why historical mortality and morbidity data alone may be insufficient in a changing risk environment, how climate-related variables can be incorporated into mortality modeling, and what a case study examining France, Italy and Spain can teach actuaries about interpreting forward-looking scenarios. The conversation also examines the "streetlight effect" and the "quantitative fallacy," along with practical considerations for life and health insurers seeking to better understand and prepare for climate-related risks. Listen to the episode and explore the full report, accompanying actuarial toolkit, and additional research from the Society of Actuaries Research Institute by visiting SOA.org and navigating to the Catastrophe & Climate research area. Read the Report: https://www.soa.org/resources/research-reports/2026/climate-mortality-morbidity-framework/