News

As previously announced, the work of the CAS Admissions Transformation Plan (ATP) began with the Job Task Analysis (JTA) conducted in 2020, which resulted in recommendations for the high-level domains1 and tasks2 covered on each exam in the ACAS and FCAS exam pathway. This foundational analysis helps to inform the enhancements to all CAS exams, and we are now pleased to announce changes to Exams 7, 8 and 9.

The Casualty Actuarial Society is pleased to announce the release of a new CAS Research Paper, “Understanding the Demand for Inclusive Insurance: A Pilot Study,” authored by Ida Ferrara, Edward Furman and Tsvetanka Karagyozova. The study is intended to pave the way for a more comprehensive assessment of the potential benefit of microinsurance to low-income households in any country, regardless of level of development.

Nearly nine in ten CAS members are satisfied with their engagement with the CAS, according to a survey on membership engagement commissioned by the CAS Board of Directors. The 85% satisfaction rate was a 3% increase from a survey of the Member Advisory Panel conducted in February 2020.

CAS is transitioning to once-a-year testing for Exam 6-International to keep in line with current demand.

The CAS Nominating Committee wants your input on the slate of candidates for the 2023 CAS elections for the Board of Directors and President-Elect. Any member may submit a nomination, and if you are a Fellow of the CAS, you are welcome to nominate yourself. Fellows may also submit a petition to be placed on the ballot; see additional details on petitioning below.

In recognition of outstanding leadership and efforts within the insurance industry developing solutions for authenticity, inclusion and diversity, the Casualty Actuarial Society (CAS) has been honored with the 2022 Diversity and Inclusion Industry Champion of the Year award from Gamma Iota Sigma (GIS). GIS is the industry’s premier collegiate talent pipeline, serving over 5,000 students and 25,000 alumni from a growing network of over 100 colleges and universities throughout North America.

On December 9, the CAS hosted a day-long virtual summit, covering a wide variety of topics impacting actuaries practicing in China.

In accordance with the Admissions Transformation Plan (ATP), the CAS anticipates publishing new Content Outlines (formerly Syllabi) later this month for the October/November 2023 Exams MAS-I, MAS-II, and 5. The following information will provide our stakeholders, primarily candidates and academics, with details on the similarities and differences between our former Syllabi and new Content Outlines.  

As previously announced, the Admissions Transformation Plan (ATP) incorporated a Job Task Analysis (JTA) in 2020 to inform enhancements to all CAS exams, beginning with the new Exams MAS-I, MAS-II and 5. The JTA resulted in recommendations for the high-level domains and tasks covered on each exam in the ACAS and FCAS exam pathway.