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The CAS has released its 2024 Fall E-Forum that contains Reserves Call Papers on the topic of “Technology and the Reserving Actuary.” The CAS Reserves Working Group issued the call for papers in December 2023.
The Fall E-Forum includes the following papers:
The CAS is committed to fostering a diverse and inclusive actuarial community and promoting equality of opportunity along the entire actuarial career path.
Please note the CAS email address for accommodations correspondence - accommodations@casact.org.
The Casualty Actuarial Society’s Risk Working Group is issuing a Request for Proposals (RFP) seeking research related to the use of AI in actuarial work. Compensation is up to $25,000. Proposals must be submitted by Tuesday, March 18, 2025.
The Joint Casualty Actuarial Society and Society of Actuaries Committee on Inclusion, Equity, and Diversity (JCIED) is holding its second annual Diversity Symposium on July 31, 2024 in Philadelphia. The Symposium will bring together CAS and SOA diversity champions, and you are invited to participate!
For a French version of this announcement, select French from the drop-down list of language options at the top of the webpage, beside the search icon.
The CAS Volunteer Resources Working Group (VRWG) recently presented a report to the CAS Executive Council and Board of Directors of the results from the third annual Volunteer Feedback Pulse Survey conducted in Q3 2024. The report highlights key findings, celebrates our volunteer program’s strengths, and provides actionable recommendations to further enhance the volunteer experience.
The CAS is pleased to announce the publication of the MAS-I, MAS-II, 5, 6-Canada, 6-United States, 7, and 9 Content Outlines for the April 2025 exam administration. Candidates should refer to these Content Outlines for the April 2025 exams. Exam registration and study kits are expected to be available in late January.
PFAS, or per- and polyfluoroalkyl substances, are found in an enormous range of products, from food packaging and cosmetics to medical devices and clothes. But these “forever chemicals” linger in the body and have been correlated with various health conditions—potentially putting insurers at risk for PFAS claims and litigation.
Purdue University announces two faculty position openings in Actuarial Science as part of an initiative to expand the university’s Actuarial Science program to the Indianapolis campus. Purdue University in Indianapolis is a new, fully integrated expansion of the West Lafayette campus, extending to central Indiana the academic rigor and accessible excellence for which Purdue is known.
The Home for Future CAS Candidates
Welcome to the home for CAS candidates! This is the place to stay updated on everything you need to know as a candidate headed towards membership in the CAS. If you’re looking for information on a specific topic, like exams or study tips, browse through our past issues of Future Fellows.
Contact the Candidate Advocate Working Group
Active CAS Candidates – those who have sat for a CAS exam within the past two years – are invited to take advantage of a variety of benefits. Please feel free to contact the CAS Administrative and Customer Support Department at acs@casact.org or 703-276-3100 with any questions about the benefits of being a CAS Candidate!
Exams 1 and 2
Obtaining credit for these basic education requirements from the CAS is detailed below and in each individual exam syllabi.
Exam 1 - Probability
Exam 2 - Financial Mathematics
How to Obtain Credit for Exams 1 and 2
Credit can be obtained for these exams by taking the exams of one of the following organizations:
Three academics from Germany have won the ARIA Prize, a CAS-sponsored award established in 1997. The ARIA Board of Directors recently announced the paper “Detecting insurance fraud using supervised and unsupervised machine learning” by Jörn Debener, Volker Heinke and Johannes Kriebel in volume 90 of the Journal of Risk and Insurance as winner of the 2024 ARIA Prize by the CAS.
Registration for this event will be paused starting on December 31, 2024 while the CAS migrates to a new Association Management System. Registration will reopen at the end of January.
Electric vehicles (EVs) are rapidly increasing in popularity, and many manufacturers have stated goals of migrating to all-electric vehicle offerings. By 2030, seven percent of the U.S. fleet is predicted to be electric powered vehicles. The price, power, weight, form factor and garaging location of EVs vary considerably from internal combustion engine vehicles.
Registration for this event will be paused starting on December 31, 2024 while the CAS migrates to a new Association Management System. Registration will reopen at the end of January.
Research & Development Working Groups
CAS Research Working Groups and Task Forces play a critical role in advancing actuarial science through identifying research topics, reviewing proposals and papers, working with researchers and making recommendations. This work contributes to the growing body of research that will support actuaries in their day-to-day functions, offer novel approaches to problem solving and address current issues.
We are excited to share an update on the Actuarial Professional Analysis (APA) initiative, an effort to ensure that the CAS credentialing pathway and professional education offerings continue to empower and prepare our members for excellence in the actuarial field. Your voice and input have been integral to this process, and we want to keep you informed about the progress we’ve made and what lies ahead.
All October/November 2024 CAS exam results have been released, bringing the sitting to a close.
When studying for exams, do you ever wonder when and how you’ll use any of the concepts you’re learning? Then look no further! This article is one in a series about “Exams IRL.” A previous version of this article by Rehan Siddique, FCAS, can be found in Future Fellows, December 2020.1 This article will offer an updated perspective on how we as actuaries use Exam 6 material in the real world. We’ll focus on Exam 6-U.S. but also touch upon the Canadian and International versions of Exam 6 as well. Let’s start by going through each exam section of the Exam 6-US Content Outline.2
Many P&C actuaries find themselves working in popular lines of business such as homeowners, automobile, workers’ compensation or general liability. However, the P&C industry extends even beyond these lines into many nontraditional sectors. For example, there are actuaries working in telematics and the financial sectors.
