Key Takeaways
- • Strongpoint Partners launched a nine-month Actuarial Career Development Program (ACDP) designed to address a critical talent shortage in pension actuarial services, with the inaugural cohort convening at the firm's Chicago headquarters in May 2026.
- • The program features three sequential rotations spanning foundational data skills (Months 1–3), intermediate actuarial applications, and advanced client-facing work, combining structured mentorship, exam support, and live client exposure throughout the curriculum.
- • The initiative targets small- to mid-sized business retirement services market, where Strongpoint operates as a tech-enabled platform offering integrated third-party administration, recordkeeping, payroll, actuarial, and HR solutions.
- • CEO Danny Hest framed the program as a response to mounting industry pressures: growing regulatory complexity, heightened competitive demand for qualified actuarial talent, and the need for practitioners trained in depth across the full scope of pension actuarial work.
Summary
The program's inaugural cohort gathered at Strongpoint's Chicago headquarters in May 2026, marking what the firm characterizes as a significant institutional investment in actuarial workforce development. According to CEO Danny Hest, the ACDP addresses a pressing industry challenge: developing deeply trained actuarial professionals amid growing complexity in regulatory requirements, heightened competitive talent demand, and the expanding scope of pension actuarial expertise required in the market.
The curriculum is organized into three sequential rotations, each designed to build competency across the full spectrum of pension actuarial work. Rotation A, spanning Months 1–3, focuses on foundational competencies including census data scrubbing and reconciliation, trust accounting, Excel proficiency, plan design fundamentals, present value calculations, and introductory plan testing concepts. Strongpoint emphasizes that the accuracy and disciplinary habits established in this foundational phase carry through the remainder of the program.
Strongpoint's platform integrates retirement third-party administration, recordkeeping, payroll, actuarial, and human resources solutions for smaller employers, positioning the firm to provide program participants with real-world exposure to client operations across multiple service verticals. This comprehensive infrastructure allows the ACDP to move beyond theoretical training into practical application within a live operating environment.
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