Funder: Society of Actuaries
Due Dates: November 13, 2026 (Proposal deadline) | End of February 2027 (Anticipated status notification)
Funding Amounts: Historical project cost guide: $25,000–$50,000 for all contracted projects; not an award limit
Summary: Supports research on how consumer use of AI could reshape life insurance policyholder behavior, product performance, pricing, and risk management.
Key Information: Proposals must be written in researchers’ own words, not by AI; any AI use in proposal generation must be disclosed.
Description
The Society of Actuaries (SOA) Research Institute seeks researchers to conduct a comprehensive study of AI-enabled policyholder behavior and its implications for the life insurance industry. As consumer AI tools become more accessible, policyholders may use them to understand policy provisions, optimize premiums, loans, withdrawals and claims, and identify features that maximize their financial outcomes.
The research will examine how these changes could affect product performance, risk management and product design. Potential topics include behavior across the policy lifecycle, products vulnerable to AI-driven optimization, changes in actuarial assumptions, emerging anti-selection risks and methods for quantifying them. The study may also explore more resilient pricing and product design strategies, alongside ways insurers can use AI to improve customer experience, manage risk and maintain a competitive advantage.
