David F. Babbel

David F. Babbel

Senior Advisor

Dr. David Babbel is senior advisor to CRA. Prior to joining CRA, he was a senior financial economist in the Financial Sector Development Department of the World Bank and a vice president in the Pension and Insurance Department and senior advisor to Goldman Sachs. With more than 100 articles and publications to his credit, along with a number of books and monographs, Dr. Babbel is an expert in the fields of finance, investments, risk management, insurance, pensions, and international business.

His specialties within these fields are life insurance, annuities, asset/liability management, fixed income securities, and valuation. In addition, Dr. Babbel is Professor Emeritus at The Wharton School of the University of Pennsylvania, having previously served on the finance, insurance and international finance faculty at the Haas School of the University of California at Berkeley. During his more than 25-year career as an educator, Dr. Babbel has taught courses in finance, investments, fixed income, insurance, and risk management at the undergraduate, graduate, doctoral, and executive level. He has also been invited to speak before many conferences, conventions, and seminars, both in the United States and abroad.


Postdoctoral Fellow, Risk and Insurance, The Wharton School, University of Pennsylvania
Postdoctoral studies, Finance Theory and Options, University of California at Berkeley
PhD, Finance, University of Florida
MBA, Finance and International Finance, University of Florida
BA, Economics, Brigham Young University and George Mason University