SAGAA: Sexuality and Gender Alliance of Actuaries

What SAGAA: Sexuality and Gender Alliance of Actuaries does

SAGAA (Sexuality and Gender Alliance of Actuaries) is a U.S.-headquartered nonprofit professional affinity organization founded in 2020 by Jake Akstins (ACAS) and Matthew Gentile (FCAS) to serve LGBTQ+ actuaries, actuarial students, and their allies. It operates as an all-volunteer association governed by a six-member Board of Directors, offering networking events, mentorship, an annual scholarship program, career fairs, a job posting board, regulatory advocacy on LGBTQ+ insurance and retirement issues, and quarterly newsletter communications. SAGAA is funded primarily through tiered corporate sponsorships (Bronze $1K-$5K, Silver $5K-$20K, Gold $20K+), with supplemental individual donations processed via PayPal. Its named sponsor base comprises major U.S. life and P&C insurers (New York Life as Gold; Allstate, CNA, Nationwide, Hartford, Travelers as Silver/Bronze) and the principal actuarial professional bodies (CAS, SOA, American Academy of Actuaries, CCA), alongside consulting firms such as Aon.

The organization has no proprietary technology product. Its operating stack is assembled from off-the-shelf third-party platforms: Submittable for scholarship application intake, Mailchimp for email newsletter distribution, and vfairs.com for hosting the Infinite Opportunity virtual career fair co-organized with affinity partners SANA and Abacus Actuaries. The community website at sagaactuaries.org functions as the primary member and sponsor touchpoint. SAGAA holds cross-affinity partnerships with the International Association of Black Actuaries (IABA), the Organization of Latino Actuaries (OLA), the South Asian Network of Actuaries (SANA), Abacus Actuaries, and the Native American Writers' Association of Actuaries (NAWA), and co-developed the SOA LGBTQ+ Aging Report released in March 2025.

SAGAA's business model is a community-and-sponsorship nonprofit with no paid membership dues for individual participants. Revenue is concentrated in a small set of named corporate anchors rather than distributed across a large donor base, and the organization's scale signals (15 scholarships totaling almost $40,000 awarded for the 2025-2026 academic year, roughly 15 publicly listed sponsors) place it firmly in small-organization territory. Distribution is hybrid: digital self-serve access via the website and email for the broad community, plus enterprise-style in-person events hosted at sponsor corporate locations (New York Life NYC, Allianz Minneapolis, Lincoln Financial, Travelers Hartford).

Name

SAGAA: Sexuality and Gender Alliance of Actuaries

Legal name

Sexuality and Gender Alliance of Actuaries

Website

https://sagaactuaries.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

SAGAA is a U.S. nonprofit professional affinity organization founded in 2020 that provides networking, scholarships, career fairs, and advocacy for LGBTQ+ actuaries, actuarial students, and allies, funded through tiered corporate sponsorships from major insurers and actuarial societies.

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Religious, Grantmaking, Civic, Professional, and Similar Organizations (813), Human Rights Organizations (813311), Civic and Social Organizations (8134), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

LGBTQ+ Rights & Advocacy Organizations (BPAGAFAE)

Keywords

• Actuarial professional association
• LGBTQ diversity inclusion
• Corporate sponsorship programs
• Student scholarship funding
• Regulatory advocacy services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Corporate Sponsorship: SAGAA generates revenue through tiered corporate sponsorship programs (Bronze $1K-$5K, Silver $5K-$20K, Gold $20K+). Sponsors receive benefits including website logo placement, job postings, resume books of scholarship applicants, and sponsor spotlights.
2. Individual Donations: The organization accepts individual donations through PayPal, with founding individual sponsors listed on their website.
3. Scholarship Program Support: SAGAA awards scholarships to LGBTQ+ actuarial students, funded by sponsor contributions. In 2025-2026, the board awarded 15 scholarships totaling almost $40,000.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

SAGAA is a nonprofit professional affinity organization that provides LGBTQ+ actuaries, students, and allies with a dedicated networking community, professional development resources, and a recurring scholarship program funded by tiered corporate sponsorships. The organization also operates a regulatory and advocacy committee that engages industry stakeholders on insurance and retirement issues affecting the LGBTQ+ community. Participation and membership are free; the organization's revenue is generated through annual corporate sponsorship packages at Bronze ($1K-$5K), Silver ($5K-$20K), and Gold ($20K+) tiers, supplemented by individual donations.

Product overview

SAGAA (Sexuality and Gender Alliance of Actuaries) is a professional community organization that provides networking, professional development, and advocacy services for LGBTQ+ actuaries and allies. The organization operates several interconnected programs including a networking community, annual scholarship program, regulatory and advocacy committee, career fair partnerships, job posting services, and newsletter communications. SAGAA does not offer a traditional software product but rather serves as a membership-based professional association with tiered sponsorship opportunities (Bronze, Silver, Gold) for corporate partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Sponsorship Program An annual corporate sponsorship program offering Bronze ($1K-$5K), Silver ($5K-$20K), and Gold ($20K+) tiers for insurance carriers, actuarial societies, and consulting firms. Sponsors receive website logo placement, dedicated job posting months, access to resume books of SAGAA scholarship applicants, sponsor spotlights in newsletters, and opportunities to host in-person networking events and educational presentations.
• SAGAA Scholarship Program An annual scholarship program awarding financial support to self-identified LGBTQ+ actuarial students who demonstrate academic excellence and community engagement. For the 2025-2026 school year, the board awarded 15 scholarships totaling almost $40,000. Applications are managed through the Submittable platform.
• Regulatory and Advocacy Committee Services

Quantifiable outcome

• 15 scholarships totaling almost $40,000 awarded for 2025-2026 school year
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core and supporting.

• New York LifecoreChannel Partner/ Reseller/ DistributorGold Sponsor of SAGAA. Hosted SAGAA's HIV & Insurance research presentation at their Manhattan headquarters. Provides funding support for scholarships and organizational initiatives.
• Casualty Actuarial Society (CAS)coreStrategic or Co-development PartnerSilver Sponsor. Featured SAGAA in CAS Spotlight on Diversity infographic showing first LGBTQ+ professional statistics. Hosted joint webinar on intersectionality. Open calls for presentations at CAS conferences.
• Society of Actuaries (SOA)coreStrategic or Co-development PartnerSilver Sponsor. Collaborated with SAGAA on LGBTQ+ Aging Report with SAGAA board members serving on the Oversight Group.
• AllstatecoreChannel Partner/ Reseller/ DistributorSilver Sponsor. Posts actuarial job opportunities through SAGAA platform.
• CNAcoreChannel Partner/ Reseller/ DistributorSilver Sponsor. Hosted Actuarial Job Shadow event and posts job opportunities through SAGAA.
• NationwidecoreChannel Partner/ Reseller/ DistributorSilver Sponsor supporting SAGAA initiatives and scholarship program.
• HartfordcoreChannel Partner/ Reseller/ DistributorSilver Sponsor supporting SAGAA initiatives.
• AllianzsupportingChannel Partner/ Reseller/ DistributorProvided meeting space for SAGAA's annual in-person board meeting in Minneapolis, MN. Sponsor of organization.
• Lincoln Financial GroupsupportingChannel Partner/ Reseller/ DistributorHosted SAGAA and IABA joint presentation on intersectionality of LGBTQ+ and Black experiences in the actuarial profession.
• International Association of Black Actuaries (IABA)coreStrategic or Co-development PartnerAffinity group partner. Co-presented Renaissance intersectionality presentation with SAGAA at IABA's 2023 annual conference and subsequent events.
• South Asian Network of Actuaries (SANA)coreStrategic or Co-development PartnerAffinity group partner. Co-hosted first virtual career fair with SAGAA and Abacus Actuaries on August 22, 2024.
• Abacus ActuariescoreStrategic or Co-development PartnerAffinity group partner. Co-hosted virtual career fair with SAGAA and SANA.
• Organization of Latino Actuaries (OLA)coreStrategic or Co-development PartnerAffinity group partner. Collaborates on joint networking events including Hartford networking happy hour.
• Native American Writers' Association of Actuaries (NAWA)supportingStrategic or Co-development PartnerAffinity group partner. Collaborates on joint networking events.
• American Academy of ActuariessupportingChannel Partner/ Reseller/ DistributorBronze Sponsor. Featured SAGAA in Contingencies Magazine.
• AonsupportingChannel Partner/ Reseller/ DistributorBronze Sponsor. New sponsor for 2024-25.
• Conference of Consulting Actuaries (CCA)supportingChannel Partner/ Reseller/ DistributorBronze Sponsor.
• Travelers InsurancesupportingChannel Partner/ Reseller/ DistributorPartnered with SAGAA to host in-person networking event in Hartford, CT on November 21, 2024.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• International Association of Black Actuaries (IABA): Racial/ethnic affinity group for actuaries serving the same professional community-and-pipeline function as SAGAA, with overlapping board membership, co-hosted events (IABA 2023 annual conference joint intersectionality presentation), and shared employer sponsors.
• Actuarial Diversity Pipeline: Nonprofit focused on increasing diversity in the actuarial profession through scholarships, mentorships, and recruiting — directly comparable to SAGAA's scholarship and talent-pipeline programs and a likely partner/comparator organization.
• Abacus Actuaries: Actuarial affinity organization co-hosting the August 2024 virtual career fair with SAGAA and SANA, comparable in scope as a small volunteer-run affinity group within the actuarial profession.
• South Asian Network of Actuaries (SANA): Affinity group for South Asian actuaries that co-hosted the first virtual career fair with SAGAA and Abacus Actuaries on August 22, 2024, serving the same talent-pipeline and community-building role.
• Organization of Latino Actuaries (OLA): Ethnic-affinity actuarial organization that collaborates with SAGAA on joint networking events including the Hartford happy hour, mirroring SAGAA's community and DEI mission within the actuarial profession.
• Native American Writers' Association of Actuaries (NAWA): Smaller affinity group for Native American actuaries collaborating with SAGAA on joint networking events, providing a direct peer comparison for SAGAA's niche community-building model.

Broad incumbents

• National LGBT Chamber of Commerce (NGLCC): National LGBTQ+ business certification and advocacy organization. Related in mission of advancing LGBTQ+ economic inclusion, though focused on certified business enterprises rather than employees within a profession.
• Out & Equal: Large, established LGBTQ+ workplace equality organization. Comparable in mission (LGBTQ+ professional inclusion in the workplace) but operates across all industries rather than specializing in actuarial; relevant as a model for SAGAA's corporate-sponsorship and employer-engagement GTM.
• Out Leadership: LGBTQ+ business talent and executive network. Comparable mission (advancing LGBTQ+ professionals in industry) but operates at the executive level across multiple industries rather than within a single profession.
• Human Rights Campaign (HRC): Largest U.S. LGBTQ+ civil rights advocacy organization. While much broader in scope than SAGAA, HRC's Corporate Equality Index and DEI benchmarking directly shape the sponsor environment SAGAA operates in.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sagaactuaries

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SAGAA: Sexuality and Gender Alliance of Actuaries