Casualty Actuarial Society

Community

Volunteer for the CAS

For general information on volunteering please send an email to volunteer@casact.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.

ARECA Scholarship Writers - Call for Volunteers

September 19, 2017

ARECA, our CAS regional affiliate in Asia, is launching a scholarship competition for undergraduate actuarial students in Asia. ARECA is seeking volunteers to write one or more short scenarios on a diverse array of topics for the scholarship competition. Topics can be related to general insurance, to the societal or business environment in which general insurance risks arise, or to other topics that might utilize the skills of general insurance actuaries. Two sample scenarios are included at the end of this message.

Each scholarship applicant will select one of the scenarios, do some research as needed, conduct some thinking and analysis, and write a paper (approximately 5 pages) with the applicant’s analysis and recommendations.

We invite CAS members to submit scenarios for the competition. The ARECA committee will select the scenarios for the competition, which may include using in whole or part, adapting, and/or translating your submission. Your response should be submitted to CAS International Relations Manager, Michael Chou (mchou@casact.org) by October 27, 2017.

Scenario descriptions should be no longer than 100 words. Your submission may be in English or Mandarin. Please recall that our audience is undergraduate students. You are welcome to submit more than one idea. You must identify any portion of your submission that is the intellectual property of someone else (such as a scenario that you found in a textbook).

ARECA thanks you for your creative assistance.

Sample Scholarship Scenarios:

  1. You are the chief actuary of XYZ Insurance Company. The CEO asks you to describe the potential implications and opportunities for the company’s insurance business, as self-driving vehicles become more common, and asks you to suggest some strategic projects that he should launch so the company will be prepared. Please prepare a report for the CEO.
  2. A manufacturer is about to launch a major new subsidiary, “Skyware,” that will focus on producing and selling drone hardware and software to businesses and consumers. What are some of the key issues that Skyware needs to think about in [planning its risk management program and] obtaining insurance coverage for this new venture?

SYLLABUS AND EXAMINATION COMMITTEE

Posted: October 13, 2017

The Syllabus and Examination Committee is responsible for organizing, managing and administering the CAS examinations and ensuring that individual exam syllabi are up-to-date. The committee tries to place every volunteer on the exam that best fits the member. The CAS asks that volunteers make every effort to commit 3 years to the committee to maintain quality and consistency of the exams.

The work of the Syllabus and Examination Committee is key to maintaining the high standards of professionalism of the CAS membership. Volunteering for the committee is a great way to get involved in the CAS. Volunteers are placed primarily during February through April and July through October.

Question Writing (Exams 5-9)

New question writers participate in a two hour training webinar with no travel required. After submitting questions, the entire committee meets for 2 days to refine questions and compile the exam(s).

  • Exams 5, 7 and 9 – July/August through September with a writers’ summit in September/October.
  • Exams 6C, 6U and 8 – February through April with a writers’ summit in April/May.

Grading (Exams 5-9)

  • Spring exams – starting in mid-May, culminating in a 2 day grading session in Las Vegas in mid-June.
  • Fall exams – starting in mid-November, culmination in a 2 day grading session in Las Vegas in early December.

Modern Actuarial Statistics – MAS I and MAS II

Committee members write multiple choice questions. Each committee (MAS I and MAS II) will meet for 2 days twice a year (late April/early May and late October/early November) to review questions, compile the next exam and conduct the pass mark panel. Committee members will serve on just one of the MAS exams. No grading is involved.

Syllabus

Committee members review the individual exam syllabi regularly to ensure that the learning objectives are supported by the best reference readings available. Both short- and long-term goals for improvement are developed.

Committee members participate in conference calls two to three times per year to discuss updates and changes to the syllabus.

Reimbursement Guidelines

The CAS covers up to $800 for airfare and selects a hotel that falls within reimbursement guidelines for all exam committee travel.

If you are interested in the Syllabus and Examination Committee or have questions please email Shelby at swolff@casact.org


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 over 300 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. 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.

Please contact the CAS University Engagement Manager, Tamar Gertner, at Tgertner@casact.org to volunteer as a University Liaison to one of the schools on the target list.

For more information about the role of University Liaison, please review the description of the expectations for University Liaisons.

*****

participation survey

Volunteer with the CAS

The CAS Roundtable

Posted on 10/25/2017
By Erin Olson

Read More