Instructor Biography

 Bruce D. Schobel, FSA, FCA, MAAA, CLU, CEBS


Vice President and Actuary (Recently Retired 2012)
New York Life Insurance Co.
New York, New York

Mr. Schobel recently retired as vice president and actuary with New York Life Insurance Co. He was responsible for tax compliance matters, including coverage and employee benefit issues. Previously, Bruce was a principal with William M. Mercer, Inc. He also served nine years with the Social Security Administration in progressively responsible positions.

Bruce is recognized as a national and international expert on Social Security. He has testified before congressional committees and is the author or co-author of numerous publications on Social Security including: Social Security Raises Problems for Workers Transferred Abroad, A Century of Japanese Mortality Experience, An Updated Money’s-Worth Analysis of Social Security Retirement Benefits, Early Retirement Reduction and Delayed Retirement Increase Factors Under U.S. Social Security Law, Should the U.S. Privatize Social Security?, and Sooner Than You Think.

Bruce grew up in Cleveland, OH. His hobbies include music and travel. He has visited all 50 states at least three times each. He has traveled the world as well, visiting almost 60 different countries, including such exotic places as Kazakhstan and countries that no longer exist as separate entities, like East Germany. Bruce and his wife live in New Jersey and have four children.

Bruce graduated with a B.S. degree in mathematics from the Massachusetts Institute of Technology. He holds designations as: Fellow of the Society of Actuaries (FSA), Fellow of the Conference of Consulting Actuaries (FCA), member of the American Academy of Actuaries (MAAA), Chartered Life Underwriter (CLU), and Certified Employee Benefits Specialist (CEBS). He is past president of the Society of Actuaries and has also served on the board of directors of both the American Academy of Actuaries and the Conference of Consulting Actuaries, and on many professional committees. He is a founding member of the National Academy of Social Insurance.

Bruce teaches the Social Security section of Retirement Plan Basics in the Certificate Series. He likes to focus his teaching on real life situations, not just theory. “Real stories are interesting!”

Participant comments taken from Bruce’s Instructor Evaluations:

Excellent instructor – he made a very dry subject interesting and encouraged class participation.

Very Good! I liked his style. He has a good sense of humor.

Mr. Schobel was one of the most informative, funny and interesting speakers I’ve ever seen. I was quite impressed.