Illinois State University 2019 Winner

2019 CAS UNIVERSITY AWARD WINNER

ILLINOIS STATE UNIVERSITY

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The Illinois State University’s actuarial science program has 180 actuarial students and 22 actuarial faculty members who teach classes required of actuarial students. 

As a winner of the first CAS University Award in 2016, the school had a three-year waiting period in order to apply again for the award. In the interim, the university continued developing its P&C curriculum and research as well as growing its industry engagement. 

Some of ISU’s program highlights include:

  • ISU incorporates a wide variety of P&C topics into the undergraduate and graduate curriculum. Classes cover material on all of the CAS exams, VEEs and ACAS-required online courses.
  • The program is oriented towards practical actuarial professionalism, training students for real-world actuarial work. Students are required to get actuarial internships, and the majority fulfill this requirement at P&C companies. 
  • Students can also participate in “internship-like” experiences through programs like Pinnacle Actuarial University, which pairs students with analysts from a consulting firm to conduct projects on current P&C topics. The university also hosts a Predictive Analytics Competition, supervised by P&C actuaries, and a Visual Analytics Competition organized by the ISU Katie School of Insurance. 
  • The university prides itself on the involvement of students in research work with faculty, both in its actuarial and insurance programs. The faculty consistently produce high-quality research publications on P&C insurance topics. Based on the research by ISU’s faculty and students, each year the Katie School publishes its research studies online and organizes a symposium - last year’s was titled “Disruptors, Distractions & Drones.” 

“We are extremely happy that Illinois State University is a winner of the 2019 Casualty Actuarial Society, the second time after receiving it in the inaugural competition in 2016. It is a great honor and a great motivator to continue our work dedicated to the future of the actuarial profession.” 

 

ISU CAS University Award Winner