Steve Craighead is a Director and an Actuary at Pacific Life Insurance Company. He is an expert in the fields of model efficiency and data compression. He has over 35 years of experience in various actuarial fields. His prior employers include Towers Watson Software Solutions, Nationwide Insurance, Ohio State University, Ohio State Life Insurance Company, and William M. Mercer.
He has conducted extensive research and software development regarding ERM, economic models, modeling efficiency, and firm insolvency and has published papers in ERM, insolvency, risk, portfolio selection, optimization, graduation theory, term structure of interest rates, scenario generation using chaos/complexity theory, and applications of extreme value statistics in life insurance.
Craighead is active on ERM-related industry committees. Currently he serves on two Joint Risk Management Section subcommittees – the Extreme Value subcommittee and the Research subcommittee. He previously served as newsletter assistant editor for the Joint Risk Management Section global publication Risk Management magazine; Chair of the Investment Section Committee for Finance Research; and committee member on the Academy of Actuaries’ Modeling Efficiency Working Group.
Craighead has a master’s degree in mathematics from James Madison University and a B.S. in mathematics and physics from Emory and Henry College. He is a Certified Enterprise Risk Analyst (CERA), an Associate of the Society of Actuaries (ASA), and a Member of the American Academy of Actuaries (MAAA).