CAS Diversity Strategy
(as adopted by the CAS Board of Directors, March 25, 2015)
CAS Non-Discrimination Statement
The CAS promotes involvement in the property and casualty actuarial profession regardless of race, ethnicity, gender, religion, age, sexual orientation, national origin, disability, appearance, military service or geographic location.
CAS Diversity Statement
In principle and in practice, the CAS values and seeks diverse participation within the property and casualty actuarial profession. In support of those values, the CAS encourages an inclusive community where differences are celebrated and all have the opportunity to participate to their fullest potential in the CAS’s success. The CAS commits time and resources to accomplish this objective.
CAS Diversity Goal
The CAS will facilitate the evolution of a multi–dimensional property and casualty actuarial profession by recruiting quality mathematical and analytical talent from groups currently under-represented in the profession. This will be accomplished by increasing total membership of under-represented groups in the CAS to the levels of the population. While our membership and our goal for a multi-dimensional profession are global, our immediate focus is the membership of the U.S. population, where the vast majority of our members practice. Hence our initial focus is toward the under-represented groups in the U.S. relative to the U.S. population. However, we would also lend support to diversity efforts outside the U.S. where feasible.
The Value of Diversity
To meet the ever-changing needs of an increasingly complex world, our membership needs to mirror the marketplace and our local communities in both the U.S. and internationally. In order to be worthy of the public’s trust, we must fully understand the risks and challenges they face and provide protection, products, and services tailored to their needs. To ensure products and services are designed for a diverse customer base, we must attract and retain the best talent who will bring unique life experiences and professional capabilities that enrich all of us and our respective communities.
Hence, diversity is foundational to creating an innovative and competitive membership able to relate to the multi-faceted issues facing today’s employers. Having a diverse membership helps to build a broad array of backgrounds and talents to approach and solve business problems in the modern global economy. Having an actively involved, diverse membership reflective of the broader general population helps the CAS recognize the full horizon of issues that are central to the success of our members, their employers and society as a whole.
- Continue contributing staff and volunteer resources to the work of the CAS/SOA Joint Committee on Career Encouragement and Actuarial Diversity (JCCEAD), which is currently focused on the African-American, Hispanic, and Native American communities.
- Determine whether there are other demographic groups, beyond those targeted by the JCCEAD, which should be the focus of diversity efforts.
- Develop partnerships with other organizations that will help advance our goals to develop a diverse actuarial profession. Clearly define the activities that will be undertaken to support the relationships.
- Create a Diversity Committee within the CAS structure to leverage the work of existing CAS Committees to meet the CAS Diversity Goal by promoting and coordinating diversity activities within the CAS.
- Provide a mentoring program to ensure the success and retention of diverse candidates in the pipeline to CAS membership: ACAS and FCAS.
- Raise awareness about diversity with the CAS membership.
- Leverage work of CAS Regional Affiliates to reach diversity goals.