Course on Professionalism

The August course will be limited to 42 participants. Registrations will be taken in the following order

Registration is open to all qualified candidates. Qualified candidates should meet one of the following requirements:

• Credit for any six (6) actuarial exams in the 2020 education structure-regardless of Internet courses or VEE status. 

OR:

• Credit for any five (5) actuarial exams AND three (3) out of four (4) non-exam requirements: Online Course 1, Online Course 2, VEE-Corporate Finance, and VEE-Economics.

Note: For this eligibility prerequisite, the actuarial exams are: Exams 1, 2, 3F, MAS-I, MAS-II, 5, and 6.

Registration/Fees

Attendance for the Virtual Course is limited to 42 participants. Note that sellouts do occur. Course applications will be accepted in the order in which they are received (within the noted eligibility guidelines), and a confirmation will be emailed to registrants after the registration payment is processed. Please allow the CAS office one week to process your registration. A receipt will be sent via email to all registrants.
 
The early registration fee for the COP is $1,175 (US). Registrations received after July 18, 2021 will incur a late fee of $200.00. 

Attendance

• Please note that the same professionalism standards that are set for the in-person COP will be held for the virtual offerings.
• Candidates will be expected to attend and actively participate in the full course in order to receive the professionalism credit.
• In order to successfully participate in the virtual COP, candidates will need a strong internet connection and a personal device with a web camera, keyboard, and microphone. There will be additional required pre-work to be completed for the virtual course.

Preliminary Requirements

All registered candidates will be required to view presentations on each of the ASOPs before attending the in-person course. These presentations, termed e-modules, consist of a series of slides with audio to guide you through the ASOP presentations. Each presentation contains questions placed throughout the slides that will need to be answered correctly in order to proceed and complete the presentation. Completion of each e-module for each candidate will be tracked by the CAS; in order to successfully complete the Course on Professionalism all presentations must be completed by the date noted in your confirmation email.

A link for these presentations will be emailed to you post registration. This requirement will take approximately three hours in total to complete. Additional pre readings will need to be completed in addition to the e-module requirement.

Canadian Candidates

Important update on changes to the CIA Qualification Requirements for Property and Casualty candidates:

Effective in 2019, all Canadian property and casualty (P&C) candidates will be required to have successfully completed the CIA Professionalism Workshop for qualification as an Associate of the CIA (ACIA) and will have to successfully complete the Practice Education Course (PEC) for qualification as a Fellow of the CIA (FCIA). Both courses will be required to receive credit for the CAS Course on Professionalism, a requirement for Associate of the CAS (ACAS).

Starting in 2019, the CAS will accept successful completion of the CIA's Professionalism Workshop (PW) in addition to the Practice Education Course (PEC) in Canada as meeting the requirements for the CAS Course on Professionalism (COP).

In addition, candidates will be required to complete pre-work on communication skills topics and should be prepared to use these skills during the course.

Attire

The attire for the course is business casual (no denim, no shorts, no athletic shoes), and as meeting room temperatures vary, we recommend that you bring a sweater or jacket to the course. For the Virtual COP please wear appropriate and comfortable clothing.

Additional Information

If you have any questions or need additional information, contact the CAS Office at (703) 276-3100 or via email at meetings@casact.org and/or rguo@casact.org.

Purpose

Candidates must successfully complete the Course on Professionalism to achieve the designation: Associate of the Casualty Actuarial Society (ACAS).

Learning Objectives

The Course on Professionalism is designed to make the candidate aware of the requirements of the CAS, CIA, and AAA regarding the conduct of the actuary in the performance of his or her duties. After working through the pre-work and taking the course, the candidate completing the course should know:

• The Code of Professional Conduct and how to apply it in everyday work.
• The importance of the applicability of the Code of Professional Conduct to members of the profession at all levels and areas of practice given the self-regulating nature of the actuarial profession.
• What types of formal professional guidance are applicable to the Casualty Actuary, and which organizations are responsible for promulgating them.
• The potential consequences of violations of the Code of Professional Conduct or other formal professional guidance.
• Basic business communication skills and show familiarity with the skills necessary to communicate actuarial topics to actuarial and non-actuarial audiences.
• The function of organizations that promulgate formal professional guidance.
• How an actuary who violates professional standards may be counseled or disciplined.
• How an actuary should handle an apparent material violation of formal professional guidance by another actuary.
• The requirements for continuing professional education for the jurisdiction relevant to the Actuary's practice.