Jeffrey K. Dellinger

Jeffrey K. Dellinger, a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries, is President of Longevity Risk Management CorporationŽ.

A business executive, actuary, mathematician, author, speaker, inventor, expert witness, and consultant, Mr. Dellinger is a Phi Beta Kappa graduate of Indiana University, holding Bachelor’s and Master’s Degrees in Mathematics.

Now in his fifth decade in the financial services industry and retirement income field, Mr. Dellinger provided successful leadership as Individual Annuity Profit Center Head for the third largest U.S. annuity company with 60 billion dollars in assets. Responsible for profitability, governance, product development (product strategy, conception, design, pricing, investment policy, patents, quantitative models), marketing, communications, investment company relationship management, distributor relationship management, asset/liability management, state regulatory compliance, information technology application development, valuation, customer service center, interest crediting strategy, and in-force business management for individual annuities — deferred and immediate, fixed, equity-indexed, and variable — his extensive breadth of experience and strong analytic skills provide a unique vantage point for sharing insights on retirement income.

Mr. Dellinger is the inventor of the Guaranteed Lifetime Withdrawal Benefit (GLWB) and Guaranteed Minimum Withdrawal Benefit (GMWB) for variable annuities, fixed annuities, and mutual funds (U.S. Patent 7,089,201, filed September 1998). These are widely used nationwide and revolutionized the annuity industry, being described as the most important annuity innovation of the last twenty years. GLWB assets alone total hundreds of billions of dollars. Mr. Dellinger is also the inventor of contingent deferred annuities (U.S. Patent 7,089,201).

In addition to being “father of the GLWB,” Mr. Dellinger has been awarded numerous other retirement income patents, including U.S. Patent 7,376,608, “Method and System for Providing Retirement Income Benefits.” This retirement income management tool has been commercialized under the marketing name i4LifeŽ in the United States and i2LiveŽ in the United Kingdom. Over 180,000 individuals have collectively elected to have more than 37.5 billion dollars managed under this system as of 2021. His other retirement income inventions awarded U.S. patents include an efficient method for retirement income volatility management.