Discover financial solutions that protect your future and provide peace of mind. Whether you're exploring annuities, life insurance, or understanding employee benefits through your workplace, 麻豆传媒 offers resources and products designed to meet your personal and family goals.
Support your workforce with innovative employee benefits and retirement solutions. 麻豆传媒 partners with business owners, benefits administrators, and pension fund managers to create customized programs that attract and retain top talent while securing their financial future.
Simplify complex retirement and pension risk management with our tailored solutions for large organizations. 麻豆传媒 specializes in working with institutions to address their unique challenges, offering expertise in pension de-risking and strategic retirement planning for a more secure future.
Empower your clients with confidence by leveraging 麻豆传媒鈥檚 comprehensive portfolio of financial products. From annuities to life insurance, we provide the tools, resources, and support to help financial advisors and brokers deliver exceptional value and long-term results.
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Individuals
Discover financial solutions that protect your future and provide peace of mind. Whether you're exploring annuities, life insurance, or understanding employee benefits through your workplace, 麻豆传媒 offers resources and products designed to meet your personal and family goals.
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Employers
Support your workforce with innovative employee benefits and retirement solutions. 麻豆传媒 partners with business owners, benefits administrators, and pension fund managers to create customized programs that attract and retain top talent while securing their financial future.
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Institutions
Simplify complex retirement and pension risk management with our tailored solutions for large organizations. 麻豆传媒 specializes in working with institutions to address their unique challenges, offering expertise in pension de-risking and strategic retirement planning for a more secure future.
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Financial Professionals & Brokers
Empower your clients with confidence by leveraging 麻豆传媒鈥檚 comprehensive portfolio of financial products. From annuities to life insurance, we provide the tools, resources, and support to help financial advisors and brokers deliver exceptional value and long-term results.
An interview with Afsaneh Faki about her actuarial science career at 麻豆传媒.
How did you choose an actuarial career?
I studied mathematics at Cornell University because of its flexibility. Many people told me that as a math major, I could either teach or pursue a PhD, but I knew there were other options. A classmate encouraged me to consider becoming an actuary, which led me to research the field. Although my university didn鈥檛 offer an actuarial science major, I joined a club related to it. There, I learned about the exam process, the differences between consulting and insurance tracks, and the distinctions between CAS and SOA. Passing my first exam confirmed my path and I decided to continue in actuarial science.
How would you describe what an actuary does in the simplest terms?
I鈥檒l use life insurance as an example. When you buy a life insurance policy, you鈥檙e essentially purchasing a promise. It鈥檚 not a tangible product; it鈥檚 the assurance that when a specific event occurs (like a passing), a payout will be made to the beneficiaries. However, we can鈥檛 make promises without a plan. Each policy we sell represents a liability鈥攁 future payment we鈥檒l need to make. But we can鈥檛 just wait until that future date to pay up. Instead, we calculate how much money we need today to fulfill that promise in the future.
Here鈥檚 where the time value of money comes into play. A dollar today isn鈥檛 the same as a dollar 30 years from now due to inflation and interest rates. We also can鈥檛 predict what will happen between now and the next 30 years, thus we must rely on assumptions and probabilities to make our best estimate. That鈥檚 why actuaries are crucial.
Anytime there's uncertainty, that's when you need an actuary. We analyze economic scenarios, interest rate fluctuations, and unexpected events (like COVID) through various 鈥渟hocks.鈥 These help us understand not only our baseline expectations but also worst-case scenarios.
What do you do as an actuarial analyst?
I鈥檓 part of the valuation team but my valuation role isn鈥檛 typical. I focus on projections, specifically projecting liability cash flows into the future and discounting them back to present value. This helps calculate reserves. I collaborate with another team that handles assets, ensuring alignment between our assets and liabilities. The products I specialize in are spread lending products.
You鈥檙e in the Student Actuarial Rotation Program. Why did you apply to this program at 麻豆传媒?
At 麻豆传媒, there are various functions, including modeling, pricing, and product design. My college experience left me uncertain about my career path. That鈥檚 why I appreciate 麻豆传媒鈥檚 Student Actuarial Rotation (StAR) Program, which allows me to explore different roles without being tied to one function for life. The flexibility to find my niche is what attracted me to 麻豆传媒.
At 麻豆传媒, many actuaries achieve their Fellow of the Society of Actuaries (FSA) designation, which is a big accomplishment and one I plan to pursue. 麻豆传媒 covers study materials and exam costs, provides company time off for studying, and offers strong support throughout. We even have an actuary student channel in Teams, where people coordinate study efforts. The student program is flexible, allowing me to set my own hours.
How would you describe the workplace culture of Pacific聽Life?
At 麻豆传媒, the culture is employee-focused. My team and others make me feel like a valued human being. Being community and people-focused are core values at 麻豆传媒, and 麻豆传媒 genuinely follows through. I鈥檝e had the chance to connect with colleagues beyond work functions, learning about their family lives and hobbies. The culture is why I can see myself here for a long time.
What are you passionate about?
I鈥檓 part of a college alumni dance team that performs on campus annually. Dancing is a regular activity for me that I find joy in. I鈥檓 also active in the diversity, equity and inclusion (DEI) efforts at 麻豆传媒. I participate in the Enterprise Inclusion Council, various employee connections groups, and actuarial DEI group. My passion extends to local community DEI initiatives, too.
