The CAS/SOA Joint Committee for Inclusion, Equity and Diversity (JCIED)
In 2019, the Joint Committee for Inclusion, Equity and Diversity was created as a partnership between the Casualty Actuarial Society and the Society of Actuaries. The purpose of the committee is to advise on and oversee inclusion and diversity strategy, in line with organizational strategy of both the Society of Actuaries and the Casualty Actuarial Society, for the actuarial profession in the geographies and practice areas we serve. The JCIED will invest in resources and programs to achieve the greatest effect on inclusion and diversity for SOA and CAS members, candidates and potential future members, in areas of awareness, recruitment, advancement, leadership, education, professional development and culture.
JCIED Mission Statement
The CAS/SOA JCIED works to promote:
- Our profession as the STEM career of choice for candidates of all perspectives, experiences and backgrounds
- A strong sense of belonging such that our members fully contribute to advance the profession
- Equitable opportunity for education, research and leadership for our stakeholders
JCIED Working Groups
- Career Encouragement and Actuarial Diversity
- Purpose: Promoting the actuarial profession among students in underrepresented groups and educators.
- Professional Development
- Purpose: Raise awareness about diversity and inclusion issues and share best practices with the CAS and SOA memberships. Enable our members to influence diversity and create inclusive environments within their respective workplaces.
- Diversity in Leadership
- Purpose: Create and maintain a focus on diversity efforts towards increasing diversity within CAS and SOA leadership as well as management roles at their employers and sponsoring organizations. Work with nominating committees and committee leadership to develop a diverse pipeline of future leaders.
CAS Diversity Strategy
(as adopted by the CAS Board of Directors, May 12, 2018)
CAS Non-Discrimination Statement
The CAS promotes involvement in the property/casualty actuarial profession regardless of race, ethnicity, gender, religion, age, sexual orientation, national origin, physical or mental ability, appearance, military service or geographic location.
CAS Diversity Statement
In principle and in practice, the CAS values and seeks diverse participation within the property/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/casualty actuarial profession by increasing total membership of under-represented groups in the CAS. 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. 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 order to maintain the public’s trust, we must 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.