Volunteer for the CAS
For general information on volunteering please send an email to firstname.lastname@example.org.
The CAS has a great culture and history of volunteerism and depends very heavily on its volunteers. The Participation Survey is the primary tool used by committee chairpersons to staff their committees. Please take the time to complete the participation survey when it is available.
Your volunteering is good for the CAS, but it’s also good for YOU.
- Volunteering provides a great opportunity for networking. Working on CAS Committees is a great way to meet other CAS members with similar interests.
- Serving as a committee member or chair will give you the opportunity to develop interpersonal and time management skills that will benefit you on the job.
- Many volunteer opportunities offer a chance to become involved in pioneering fields of actuarial practice.
- Volunteer opportunities can be tailored to meet your particular situation. Your personal interests, available free time, and travel constraints all factor into the committees and roles that will work for you.
- Geography is not a limitation to your involvement. Participation by members outside the U.S. and Canada is encouraged.
- If you are looking for short term commitments, those are available as well.
Call for Volunteers for New UK GIRO Working Party, Better Sensing and Responding to Change
Posted: March 22, 2016
The Better Sensing and Responding to Change Working Party seeks proactive volunteers to complement the existing skillset of the research group.
It was agreed that waiting for changes in the triangles before taking action is too slow and so the working party are examining ways of better detecting (‘sensing’) and responding to change. They report into the General Insurance Reserving Oversight Committee (GI ROC).
This role is suited to individuals who have a background in the GI practice area, particularly those with reserving, pricing and capital experience, as well as those with experience of strategic processes, such as business planning. But it also carries relevance for those working in risk functions.
The Working Party’s research will focus on:
- how more information can be used, holistically, to better see what is changing and develop the best responses to those changes
- how best to better prepare individuals and businesses to naturally apply this approach.
- presentation and paper at the General Insurance Research Organisation (GIRO) Conference 2016, and possible one day seminars.
- meetings will be held in London every three weeks, 17:00-18:30 on Wednesdays, and attendance can be in person or by conference call
- a minimum of 90 minutes every three weeks for working party meetings in addition to two-to-four hours per month for those actively contributing to the working party’s output
- this working party is expected to have a two year tenure.
How to get involved:
If you would like to express your interest in volunteering for this working party, please contact Debbie Atkins, Head of Volunteer Engagement for the Institute and Faculty of Actuaries, providing brief details of your relevant experience and explaining your desire to become involved. For IFoA members please also provide a note of your ARN. Nonmembers are also welcome to volunteer, and it would be helpful if they would please provide contact details and a CV/Resume.
New Research Working Party - Microinsurance - Looking for Volunteers
Posted: March 22, 2016Background
Microinsurance is defined as "insurance that is designed specifically for the low income market." This cover is critical for development in emerging economies because it provides enhanced risk-taking ability. Resulting economic growth creates new insurable value to which early movers have advanced access. The global microinsurance market represents over $40 billion in value and growing. Life and health insurance comprise the majority of the market, which is estimated at 5% penetration; the strongest demand for property and casualty relates to crop and livestock. The most significant players today are global insurers and reinsurers (or local players) working in partnership with governments, non-governmental organizations (NGOs), community-based organizations (CBOs), and others. In 2015 a consortium of ten leading companies formed Blue Marble Insurance with plans to launch ten microinsurance ventures in the next decade.
Opportunities and challenges for the CAS
Factors such as limited or poor quality data, high price elasticity, rudimentary contract language (if any), and extreme risk volatility amplify the importance of casualty actuaries and other qualified quantitative risk specialists to the success of microinsurance. Similar to the risks and opportunities presented by autonomous vehicles and cyber (to which the CAS already has dedicated workgroups), the ramifications of the microinsurance revolution are worthy of deep consideration. Significant quantitative analysis is merited for any prospective market an insurer considers entering. Upon entry non-traditional products will likely develop (e.g. combining life and dwelling, or crop and some non-financial instrument such as a loan), and the most successful may find their way back to developed markets. Quantitative social impact metrics will measure the extent to which served markets develop. Because demand is presently greatest for life microinsurance, and non-traditional insurance players such as cell providers are taking a key role in distribution, the CAS risks forsaking a seat at the table if they don't provide leadership and direction with respect to the risk assessment aspect of microinsurance.
Scope of proposed research
The world is not waiting for the CAS to act, so aggressive and incisive research will be necessary to establish relevance. A microinsurance working party is the most efficient path to such leadership. Two areas for initial research are the following:
- As Blue Marble and others chart their course, market selection becomes a critical decision. The working party should establish best practices and case studies for quantifying need (e.g. penetration and insurable value) as well as associated risks (e.g. political or regulatory instability, or rejection of the product) in prospective markets. Although microinsurance is typically considered a global concern, there are also underserved markets warranting consideration in developed economies.
- A critical hypothesis underlying microinsurance investment is that cover on existing insurable value will create new insurable value. With several programs already in operation, we may now begin to identify commonalities among the most successful. The working party should look to establish robust social impact metrics (e.g. protection, inclusion) as well as best practices regarding estimation.
These two research tracks are complementary because understanding where and how programs succeed will help inform market selection. Deliverables will consist of final whitepapers as well as intermediate presentations of findings. The initial tracks should commence research by April 15, 2016 and conclude by December 31, 2016 with a presentation at the CAS Spring Meeting in Toronto, May 21-24, 2017.
The working party should include representation from those presently most active in microinsurance both inside (e.g. global insurers, reinsurers, and brokers) and outside (e.g. non-governmental organizations) insurance. Representation should include quantitative risk professionals as well as those who are extremely knowledgeable about microinsurance program design and administration (regardless of background). The working party will be filled by both invitation and a call for volunteers. We need a minimum of five volunteers one of whom is willing to be the working party chairperson to lead the calls and summarize tasks and responsibilities.
If you are interested in participating, please email David Core, CAS Director of Professional Education and Research by April 1.
Exam 6U and 7 Graders Needed
Posted: March 15, 2016
The Exam Committee is in need of spring graders for Exams 6U and 7. Graders will receive papers around May 20 and after initial grading, the entire committee will meet in June. Attendance at the June session is required. Most travel expenses are reimbursed. Please contact Matt Caruso at email@example.com if you are interested.
Limited Attendance Seminar Planning Committee
Posted: February 19, 2016
The CAS is looking for volunteers to join the Limited Attendance Seminar Planning Committee, which is responsible for developing the comprehensive program (or contracting with a vendor) for seminars on topics of current interest to a limited group of 30-35 in a very hands-on environment. Limited Attendance Seminars are 1 ½ day seminars for specific small audiences. Past and current seminars address subjects such as predictive modeling, introduction to R, reserve variability, reinsurance boot camp, among others. Volunteers for this committee would send out RFPs to find suitable Subject Matter Experts and then review the content they develop for the seminars.
Volunteers should expect monthly calls and up to one hour of work a week.
Please contact Nora Potter at firstname.lastname@example.org with any questions.
CAS Exam Committee is Seeking Volunteers
Posted: January 25, 2016
The CAS Exam Committee needs you! FCAS volunteers are needed for question writing and/or grading. There are opportunities available throughout the year. This is a great way to contribute to the CAS and expand your network within the actuarial community. Please contact Matt Caruso at email@example.com for more information or to volunteer.
Volunteer Judges Needed for Temple University Actuarial Students Case Competition – April 2, 2016
Posted: January 20, 2016
Temple University is seeking volunteer judges for its bi-annual case competition on Saturday, April 2, 2016. The competition will run from 8:30 a.m. to 1:30 p.m. on the main campus of Temple University in Philadelphia. Judges will have the opportunity to review the student submissions, evaluate their oral presentations, ask the students questions and select the best presenters and best papers. Please contact Dr. Norm Baglini at firstname.lastname@example.org if you are interested in volunteering as a judge.
New! Underwriting Collaboration Seminar Planning Committee: Call for Volunteers
Posted: January 14, 2016
In order to address the evident interest in underwriting collaboration among our members, the EC has approved a new Underwriting Collaboration Seminar to be given in Spring of 2017 for around 200-250 attendees. The CAS is now seeking dedicated volunteers who would help to organize and plan a program that will allow actuaries and underwriters to network and learn about issues that affect them both and how to work together to resolve them. The CAS is currently seeking to cross-collaborate on this event with the CPCU Society.
We are seeking at least eight volunteers to work on this planning committee. Volunteers should be expected to attend monthly calls, which may increase to biweekly closer to the seminar. There will be additional work outside of the calls (e.g. recruiting speakers, reviewing material) that may take up to a five hours each month.
If you have any questions or would like to volunteer please contact CAS Professional Education Coordinator, Nora Potter at email@example.com.
CAS Looking for Volunteers for New Research Working Parties
Posted: December 16, 2015
As a result of member input at the CAS Annual Meeting, five new working parties are being proposed in these areas:
- Agricultural Insurance – Asian
- Insuring for Sustainability, Sustainable ERM
- Claims Level Analytics
- Impact of Mitigation on Property Insurance
- A Better Exposure Basis for HPL (Hospital Professional Liability) Medical Malpractice Line
- The Impact of Car Safety Features on Auto Insurance
The CAS is looking for 5-7 volunteers for each group so that work may begin with the expectation that by the next CAS Annual Meeting, November 13-16, 2016 in Orlando finished research products or status reports would be presented. The frequency of the calls or meetings and the level of volunteer activity will be set by each working party depending on the scope of work and volunteer commitment. This is an excellent way for CAS members to commit to short-term volunteer research projects with definite deliverables. In addition, volunteers may be able to count their hours to “organized activity” as committee work according to the American Academy of Actuaries Qualification Standards.
If interested in working in these areas, please complete this survey by January 6.
Call for Volunteers: Actuarial Innovators
Posted: September 22, 2015
The CAS Innovation Council is looking for actuarial innovators who have demonstrated the ability to apply actuarial skills and experiences to creatively address complex business issues.
The CAS has a proud reputation of developing innovative solutions for the insurance industry for over 100 years. Beginning with the formation of product pricing for workers compensation in the early 1900's, to fostering innovative research and applications in economic capital modeling, catastrophe management, and predictive analytics, CAS members have been at the forefront of applying actuarial techniques in new and creative ways.
Help celebrate our innovative culture by volunteering as an Actuarial Innovation Ambassador.
Actuarial innovators serves as ambassadors on innovation to the CAS membership by presenting webinars through the Innovation Council’s profile series. These webinars educate our members on how innovation is used to expand the actuarial footprint in traditional and emerging practice areas. Following their webinar presentations, Ambassadors are encouraged to support additional ways to share their stories, such as through articles published in the Actuarial Review.
Actuarial Innovators who have presented to date include:
- Serhat Guven, who shared how innovation is used to expand the actuarial footprint in the emerging Predictive Analytics practice areas.
- Jason Harger, who shared how the principles of innovation are applied in catastrophe management.
- Melissa Salton, who shared how the principles of innovation are applied in the development of an ERM framework for US P&C Insurers.
- Mike Schmitz, who discussed how the principles of innovation are applied in credit risk analysis.
We are also excited to let you know that John Welch, FCAS, President & CEO of XL Reinsurance America, will be presenting an innovation profile series webinar on the CEO’s perspective on innovation in December.
If you’d like to join this group of members showcasing how actuarial skills are applied in innovative ways to create new opportunities, please contact us.
Volunteer Judges Needed for Temple University Actuarial Students Case Competition – November 7, 2015
Posted: August 31, 2015
Temple University is seeking volunteer judges for its annual case competition on Saturday, November 7, 2015. The competition will run from 8:30 a.m. to 1:30 p.m. on the main campus of Temple University in Philadelphia. Judges will have the opportunity to review the student submissions, evaluate their oral presentations, ask the students questions and select the best presenters and best papers. Please contact Professor Storm Wilkins if you are interested in volunteering as a judge.
Climate and Cyber Risk Session Planning Task Force
Posted: August 24, 2015
Seeking volunteers a short-term task force to develop two sessions (a total of three speakers) for an upcoming Caribbean Actuarial Association meeting.
Volunteers for this task force would be responsible for brainstorming possible session ideas and speakers, write session descriptions, and research past sessions at seminars/meetings for possible speaker or topic ideas. We expect the time commitment will be approximately 10-20 hours over two months and will communicate with volunteers via teleconference and email.
Please contact Stephanie Litrenta at firstname.lastname@example.org with any questions.
Candidates: Help Shape the Future of the CAS by Joining the Candidate Advisory Panel
Posted: July 8, 2015
The CAS is inviting candidates to join the Candidate Advisory Panel (CAP) to provide feedback to the CAS on issues of strategic importance to the organization. The CAP will serve as an on-call survey response group that will facilitate CAS candidate research activities by:
- Providing a mechanism that can be used to assess CAS candidate satisfaction levels and identifying opportunities to enhance the value of CAS affiliation;
- Providing CAS leaders and committees with access to a representative collection of candidates who are willing to participate in surveys and research conducted by the CAS;
- Providing a dynamic vehicle for CAS candidates and leaders to communicate and interact on topics of mutual interest;
- Providing a mechanism to assess progress towards achieving the objectives outlined in the CAS Strategic Plan.
The development of the CAP is a direct outcome of the comprehensive survey conducted of CAS candidates last fall. Survey responses indicated that candidates were interested in participating in special volunteer opportunities geared to candidates. Candidates also expressed an interest in having more opportunities to have more say in the CAS.
Eligibility and Expectations
CAP members will be called upon on an as-needed basis. There is no travel involved and the average time commitment is estimated to be about three hours per year. Panelists should be willing to complete online surveys and should be pursuing the ACAS credential or working in a property/casualty actuarial position.
Sign Up Today
The CAS is hoping to recruit at least 150 volunteers to serve on the Panel who represent the demographic make-up of the candidate population. This is a great opportunity to help influence the future direction of the CAS. If you would like to volunteer, please send an email to the CAS Actuaries' Resource Center.
Recruiting Volunteers to Join the University Engagement Committee's Case Competition Working Group
Posted: June 19, 2015
How might additional safety features impact Auto and Workers Comp insurance?
This was the topic of a recent case competition jointly sponsored by the CAS. Are you interested in sharing real life P&C issues and solutions with university students?
The University Engagement Committee is recruiting volunteers to join its Case Competition Working Group. The working group is tasked in evaluating and creating opportunities for the CAS to facilitate and participate in university level case competitions.
We are seeking up to 5 volunteers to join this working group.
If you are passionate about supporting university students, and have interest or experience with case competitions, please contact CAS University Engagement Manager, Tamar Gertner at Tgertner@casact.org to volunteer today!
Volunteers Sought for New Task Force on Professional Education Topics and Delivery
Posted: March 18, 2015
The Professional Education Policy Committee is seeking volunteers for a new task force charged with overseeing implementation of recommendations prepared by the Environmental Scan Task Force in 2014. The Environmental Scan Task Force was charged with:
- Researching continuing education delivery methods used by other organizations (webinars, in-person meetings, limited attendance sessions, hands-on sessions, etc.)
- Researching topics presented by those organizations and looking for trends in how the delivery method varied by topic and
- Developing a report of findings and recommendations with respect to continuing education provided by the CAS.
The recommendations produced by the Task Force were as follows:
- Continue the current focus on developing content that is more interactive to engage attendees and enhance learning
- Develop a formal strategic plan for incorporating technology-enabled and technology-enhanced learning
- Increase online content available to alleviate travel conflicts and costs, along with increasing the depth of the courses covered
- Consider establishing alliances, or sharing of content, with other associations
- U.S.-based organizations providing general insurance education
- Non-U.S.-based organizations providing general insurance education
- Sharing of international content
- Establish affiliations with other professions
The implementation task force is seeking an additional three members. The precise timeline associated with the task force's work is not certain, although the goal is to have most of the recommendations implemented within one year of formation. Should it be determined that the task force's work needs to extend beyond one year and members are not able to continue their commitments beyond one year, new members will be identified. The task force will initially plan to meet by teleconference semi-monthly for one hour meetings. Each member will be expected to assist with one of the five areas identified above. We expect that the commitment outside of the semi-monthly teleconferences will be approximately 2 to 3 hours per month on average.
Please email Dave Core if you are interested in participating.
Posted: January 23, 2015
The Examination Committee is responsible for organizing, managing, and administering the CAS Examinations, and is the most popular way for New Fellows to volunteer. The Examination Committee works hard to place every volunteer on the exam that best fits the member. The CAS asks that new members make a 3 year commitment to the exam committee to maintain consistency and quality of exams.
The work of the Exam Committee is key to maintaining high standards of professionalism of the CAS membership. Volunteering for the Exam Committee is a great way to get involved in the CAS. Volunteers are placed primarily during February through April and August through October.
New question writers are required to participate in a three hour training Webinar with no travel required. After submitting questions, the entire committee will meet to refine questions and compile the exam(s). The CAS covers up to $800 for airfare and selects a hotel that falls within reimbursement guidelines.
- Spring exams (and Exam 5) – September through October with a writers’ summit in October or November
- Fall exams (and Exams 6US and 6C) – February through April with a writer’s summit in April or May .
The CAS covers up to $800 for airfare and selects a hotel that falls within reimbursement guidelines.
- Spring exams – starting in mid-May, culminating in a two day grading session in Las Vegas mid-June.
- Fall exams – starting in mid-November, culminating in a two day grading session in Las Vegas in early December.
Exam Specific Information
- Exam 5 – now offered twice a year. There will be openings for graders (spring, fall or both) and question writers (question writing will take place only in September through October, or November at which time both exams for the following year will be compiled).
- Exam 6US – now offered twice a year. There will be openings for graders (spring, fall or both) and question writers (question writing will take place only in February through April or May).
- Exam 7 – spring exam. New members are expected to be full committee members – writing questions and grading.
- Exam 8 – fall exam. New members are expected to be full committee members – writing questions and grading.
- Exam 9 – spring exam. New members are expected to be full committee members – writing questions and grading.
- New Exams ST (Statistics) and LC (Life Contingencies) may need new members. These exams are multiple choice so no grading is involved. The Committee meets twice a year for two days each time in various locations.
CAS University Liaison
Posted: January 23, 2015
The CAS University Liaison Program, established in 1999, has grown considerably in the last year and currently matches CAS members with 287 universities around the world. We are excited about the progress that has been made, thanks to our volunteer University Liaisons, but there is still more work to be done.
The University Engagement Committee developed a list of target schools, with a goal to match a University Liaison with each university on the list. More than 150 schools on the Committee’s target list are not yet matched with a University Liaison. CAS members are invited to volunteer as a University Liaison to a school on the target list.
University Liaisons provide support in a number of ways, such as:
- Make campus visits and presentations to students and faculty
- Talk with students on an individual basis
- Advise faculty on curriculum matters
- Serve on a university Advisory Board
- Advise the universities on CAS opportunities, tools and resources, and the exam system
The CAS supports University Liaisons in their university outreach efforts by providing them with off-the-shelf presentations, case studies, and marketing materials. University Liaisons belong to an online community of fellow volunteers where they can access resources and share their experiences with other University Liaisons.
For more information about the role of University Liaison, please review the description of the expectations for University Liaisons.