Ray Caucci's guest appearances

Ray Caucci

Uncommon Wealth Podcast

Penn Mutual's Possibilities Podcast

Adam Carroll

Drew McLellan

Chris Prefontaine

Mitch Matthews

Jesse Cole

Jordan Harbinger

Stacy Jones

Justin Taylor

Mark Stanley

Chris Ramsey

GRAHAM BROWN

Gabriel Glynn

Justin Wise

Jocelyn Pearson

Renee Williams

OwlTail

The insurance industry is pretty confusing for most of us. We send our money into what feels like a black box and things magically happen…or don’t. Our guest for this episode, Ray Caucci, is here to demystify the insurance business to paint a broader picture of its stability, the impact on the health of our economy, and why it matters to your finances. Ray has been in the insurance industry for his entire adult life. He has spent the better part of twenty years on the actuarial side in product development with Penn Mutual, and he now serves on the executive management team. As an actuarial mathematician and business leader, Ray keeps his finger on the pulse of industry trends. He brings tons of value to our listeners with unique insights into the mechanics of war-room decision-making in the insurance industry. He also shares his perspective on the versatility of whole life insurance policies. Ray graduated from UPenn’s Wharton School of Business with a Master’s in Actuarial Science, along with a Chartered Financial Consultant (ChFC) designation from The American College of Financial Services. During our conversation, he shares his expertise and provides a perspective on the role of insurance in the bigger picture.   what you will learn in this episode:  The power of assigning value to your giftings All of the ways you can use a whole life insurance policy to your benefit The role and function of an actuary in the insurance industry How actuaries approach product development and pricing The types of statistics, data, and algorithms insurance companies use to find the best bang for the buck and a product fit for all parties involved What insurance companies have done to adapt during the pandemic Penn’s perspective on the different insurance policy types The role insurance plays in our entire financial system How the protection of insurance policy cash value has evolved 

The insurance industry is pretty confusing for most of us. We send our money into what feels like a black box and things magically happen…or don’t. Our guest for this episode, Ray Caucci, is here to demystify the insurance business to paint a broader picture of its stability, the impact on the health of our economy, and why it matters to your finances. Ray has been in the insurance industry for his entire adult life. He has spent the better part of twenty years on the actuarial side in product development with Penn Mutual, and he now serves on the executive management team. As an actuarial mathematician and business leader, Ray keeps his finger on the pulse of industry trends. He brings tons of value to our listeners with unique insights into the mechanics of war-room decision-making in the insurance industry. He also shares his perspective on the versatility of whole life insurance policies. Ray graduated from UPenn’s Wharton School of Business with a Master’s in Actuarial Science, along with a Chartered Financial Consultant (ChFC) designation from The American College of Financial Services. During our conversation, he shares his expertise and provides a perspective on the role of insurance in the bigger picture. what you will learn in this episode: <ul> <li>The power of assigning value to your giftings</li> <li>All of the ways you can use a whole life insurance policy to your benefit</li> <li>The role and function of an actuary in the insurance industry</li> <li>How actuaries approach product development and pricing</li> <li>The types of statistics, data, and algorithms insurance companies use to find the best bang for the buck and a product fit for all parties involved</li> <li>What insurance companies have done to adapt during the pandemic</li> <li>Penn’s perspective on the different insurance policy types</li> <li>The role insurance plays in our entire financial system</li> <li>How the protection of insurance policy cash value has evolved</li> </ul>

Episode 76: Beyond Life Insurance with Ray Caucci

Penn Mutual’s Senior Vice President of Product Management and Underwriting talks about the company’s top rankings across all of the key whole life measures, the company’s dividend consistency and the key competitive advantages of Guaranteed Whole Life.  All guarantees are based on the claims paying ability of the issuer provided required premiums are paid. Guaranteed Whole Life (ICC18-TL) is a whole life insurance policy offered by The Penn Mutual Life Insurance Company. Policy form number may vary by state. Product and features may not be available in all states. Optional riders and benefits may be subject to eligibility requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and rider provisions vary by each state. Rider form numbers: ICC17-TL-EPPUA, ICC18-TL-FP, ICC17-TL-APPUAAccessing cash value through policy loans or withdrawals will reduce policy death benefit and values and may result in certain fees and charges and require additional premium payments. Ask a financial professional for additional information about accessing cash value, including the potential impact on coverage guarantees and certain circumstances under which the values you access could be taxable. Competition and ranking information based on competitor illustrations as of December 2019 are obtained by Penn Mutual and believed to be accurate. Past performance is not indicative of future results. Dividends are subject to change and are not guaranteed. ACE is currently not available in New York and may not be available for all products. Minimum issue age 20. This podcast is for informational purposes only and should not be considered as a specific financial, legal or tax advice. Depending on your individual circumstances, the strategies discussed in this presentation may not be appropriate for you or your client’s situation. The information in this material is not intended as tax or legal advice. Always consult your legal or tax professionals for specific information regarding your individual situation.Penn Mutual’s products and services are provided through knowledgeable, licensed Financial Professionals who were previously referred to as advisers.  This Possibilities Podcast was recorded prior to this change in title. Therefore, any references to the term adviser in this podcast should be interpreted as “Financial Professional."For Financial Professional Use Only2886119CC_Dec21

Penn Mutual’s Senior Vice President of Product Management and Underwriting talks about the company’s top rankings across all of the key whole life measures, the company’s dividend consistency and the key competitive advantages of Guaranteed Whole Life.  All guarantees are based on the claims paying ability of the issuer provided required premiums are paid. Guaranteed Whole Life (ICC18-TL) is a whole life insurance policy offered by The Penn Mutual Life Insurance Company. Policy form number may vary by state. Product and features may not be available in all states. Optional riders and benefits may be subject to eligibility requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and rider provisions vary by each state. Rider form numbers: ICC17-TL-EPPUA, ICC18-TL-FP, ICC17-TL-APPUA Accessing cash value through policy loans or withdrawals will reduce policy death benefit and values and may result in certain fees and charges and require additional premium payments. Ask a financial professional for additional information about accessing cash value, including the potential impact on coverage guarantees and certain circumstances under which the values you access could be taxable.  Competition and ranking information based on competitor illustrations as of December 2019 are obtained by Penn Mutual and believed to be accurate. Past performance is not indicative of future results. Dividends are subject to change and are not guaranteed.  ACE is currently not available in New York and may not be available for all products. Minimum issue age 20.  This podcast is for informational purposes only and should not be considered as a specific financial, legal or tax advice. Depending on your individual circumstances, the strategies discussed in this presentation may not be appropriate for you or your client’s situation. The information in this material is not intended as tax or legal advice. Always consult your legal or tax professionals for specific information regarding your individual situation. Penn Mutual’s products and services are provided through knowledgeable, licensed Financial Professionals who were previously referred to as advisers.  This Possibilities Podcast was recorded prior to this change in title. Therefore, any references to the term adviser in this podcast should be interpreted as “Financial Professional." For Financial Professional Use Only 2886119CC_Dec21

Ray Caucci on Our Guaranteed Whole Life product