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CAS Re-Launches The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program

The Actuary - A Career Change: Elizabeth M Mauro Reimbursement Program on light blue background

The Casualty Actuarial Society (CAS) is honored to lead the next chapter of The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program, an initiative that provides financial and professional support to career changers transitioning into the actuarial profession.

Originally established by the Actuarial Foundation, the program commemorates the life and legacy of Elizabeth “Liz” M. Mauro, FCAS. Liz shifted her career to the actuarial profession after working for several years as a social worker and went on to become a dedicated Fellow of the CAS while working at Zurich North America. Following her passing in 2011, her family and friends endowed an exam reimbursement program to ensure that others making similar career changes would have access to the support they need to succeed.

The Mauro Reimbursement Program aims to ease the financial and professional challenges of entering the actuarial field. Accepted candidates will receive reimbursement for the cost of an actuarial exam and associated study materials. Candidates will also be paired with a CAS member to act as a mentor for six months, offering career guidance, encouragement, and advice. By combining practical assistance with personal mentorship, this program helps career changers focus on building their knowledge and advancing toward an actuarial career.

To be considered, an applicant must meet the following eligibility criteria:

  • Must be 25 years of age or older by the application deadline
  • Must have not received any actuarial designation
  • Must be legally authorized to work in the U.S.
  • Must have passed at least one actuarial exam within the 24 months prior to the application deadline
  • May not receive (or be entitled to receive) reimbursement for exam registration fees and/or the cost of study materials through any other source (including university or employer programs)

Individuals who qualify are invited to apply online. The first application deadline is October 31, 2025. Beginning in 2026, the program will offer two application cycles annually.

By continuing this program in Liz’s name, the CAS seeks to honor her legacy by sharing her example of perseverance and dedication. Career changers bring unique perspectives and valuable experiences to the property and casualty actuarial profession, and the CAS is committed to supporting their success through the Mauro Reimbursement Program.

This program would not be possible without the commitment of the CAS’s dedicated volunteer task force, many of whom are career changers themselves — whose prior careers range from long-haul trucking to personal trainer, to math teacher to history professor, with many stops in between. If you are interested in serving as a mentor, you can volunteer in the Portal by following these instructions.