Society of Actuaries CEO Greg Heidrich Announces Retirement After 18 Years of Transformative Leadership
After nearly two decades steering the world’s largest actuarial organization through growth and innovation, Greg Heidrich, CEO of the Society of Actuaries (SOA), plans to retire by summer 2026. This announcement marks the end of an era for the SOA, which has expanded its global reach under his guidance.
Greg Heidrich’s Tenure: A Legacy of Growth and Innovation
Greg Heidrich assumed the role of CEO at the Society of Actuaries in July 2007, bringing extensive experience in association management and a deep understanding of the actuarial profession. Over his 18-year leadership, he has directed operations, supported the SOA’s Board of Directors, and advanced long-term strategies to elevate the field.
Under Heidrich’s helm, the SOA grew from a U.S.-centric body to a global powerhouse with more than 34,000 members across over 100 countries. His focus on operational excellence ensured stability amid evolving industry challenges, positioning the organization for sustained success.
Key Achievements and Initiatives Led by Heidrich
Heidrich’s tenure saw the launch of groundbreaking programs that addressed pressing actuarial needs. Notably, he spearheaded the creation of the SOA Research Institute, which delivers essential experience studies and in-depth research on topics like aging and retirement, climate and catastrophe risks, mortality and longevity, and health care cost trends.
These initiatives equip actuaries with data-driven insights used daily in insurance, pensions, and risk management. Heidrich also oversaw the evolution of the Fellowship pathway, enhancing educational flexibility and global relevance to attract and retain top talent in the profession.
Statements from Heidrich and SOA Leadership
Reflecting on his journey, Heidrich expressed deep pride in the SOA’s progress. “Over the past 18 years serving as the SOA’s CEO, it’s been the privilege of my professional life to work alongside our dedicated Board, staff, elected, and volunteer leaders to grow and evolve educational pathways and research programs to better meet the ever-changing needs of our members, candidates and employers,” he said. “I’m proud of what we’ve accomplished together to grow the SOA globally, help our candidates and members build great careers, and position the organization to continue to succeed in a challenging but very exciting future!”
SOA Board Chair Leigh-Ann Bulger praised Heidrich’s contributions. “Through his thoughtful guidance, Greg has led the SOA through a period of tremendous growth with a focus on operational excellence and stability, leaving us well-positioned for long-term success,” she noted. “We are grateful for his commitment, dedication and service to our organization and our members.”
Heidrich will stay in his role until a successor is appointed and fully onboarded, ensuring a smooth transition.
Public Reactions and Expert Opinions
The actuarial community has responded with a mix of gratitude and optimism. On platforms like LinkedIn, professionals hailed Heidrich’s role in modernizing education and research, crediting him for making the SOA more inclusive and forward-thinking. One industry expert remarked that his initiatives have “directly influenced risk modeling in finance and insurance, benefiting millions through better policy decisions.”
Experts anticipate the succession will maintain momentum, especially as actuaries tackle emerging issues like AI in risk assessment and sustainable finance. The SOA’s robust structure, built under Heidrich, positions it well for future leadership.
Impact on U.S. Readers: Broader Implications for Finance, Insurance, and Economy
For U.S. readers, Heidrich’s retirement underscores the actuarial profession’s vital role in everyday life—from pricing auto and health insurance to managing retirement plans and assessing climate risks. The SOA’s research influences federal policies on Social Security and disaster preparedness, directly affecting economic stability.
His global expansion efforts have strengthened U.S. actuaries’ international competitiveness, supporting jobs in a sector employing over 25,000 professionals nationwide. As the economy faces uncertainties like inflation and environmental threats, the SOA’s ongoing innovations will continue to safeguard pensions and investments for American families, ensuring financial security in retirement and beyond.
Conclusion: A Smooth Transition and Bright Future Ahead
Greg Heidrich’s retirement after 18 years concludes a chapter of remarkable achievement for the Society of Actuaries, leaving a legacy of innovation and growth. With a successor search underway and Heidrich committed to a seamless handover by summer 2026, the SOA remains poised to lead the actuarial field into its next era. This transition reaffirms the organization’s enduring impact on global risk management and financial well-being.
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