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The CAWG kicked off a new series with the goal of taking your questions and answering them in each issue. We invite you to send us your questions by emailing cawg@casact.org. All questions will be posted anonymously and answered by members of the CAWG.
Q: When will candidates be required to take the new Property Casualty Predictive Analytics (PCPA) project as part of achieving the CAS Associate designation?
The new practice exam, which consist of new and original questions developed by The Infinite Actuary, ACTEX and Coaching Actuaries, in partnership with the CAS, launched in October 2023. Candidates can register at any time to take the four-hour practice exam, consisting of 45 new multiple-choice questions, by visiting the MAS landing pages on the CAS website. A full announcement is available on the CAS website.
OBJECTIVE
The objective of the scholarship is to further students’ interest in the property/casualty actuarial profession and to encourage the pursuit of the CAS designations.
AMOUNT OF SCHOLARSHIP
The CSAF Scholarship Program will award $2,000 scholarships to college students for the current or subsequent academic year to assist with exam costs. This scholarship will be awarded on the basis of individual merit.
ELIGIBILITY – To be considered all applicants must:
Deadline extended to January 5, 2024 and prize fund increased to $15,000!
The Casualty Actuarial Society (CAS) and the CAS Reserves Working Group are pleased to issue a call for papers on reserving topics, with a focus on technology and the reserving actuary. The goal of this call for papers is to facilitate the publication of clear, practical, and accessible papers. Proposals should be submitted by January 5, 2024.
Join us at this CAS-exclusive seminar for a unique blend of traditional actuarial principles and cutting-edge machine learning insights. Led by Max Martinelli, Actuarial Data Scientist at Akur8, we'll explore how classic actuarial methods can be enhanced with the latest predictive analytics techniques. Discover practical strategies to stay competitive in the actuarial field and build superior models. Don't miss out on this opportunity to gain valuable insights and level up your skills in model building!
The CAS provides continuing education through live events and online content to actuaries and other professionals interested in property, casualty, and similar risk exposures. CAS works to create programs to enhance an actuary’s skills and knowledge and help experienced professionals keep up to date on advances in the field.
In the evolving diversity, equity and inclusion (DEI) conversation, the focus is often on one pillar or another and not necessarily the fact that DEI is a Venn diagram. This session will focus on the dynamics of two components of DEI: Black and LGBTQ+ identity as it relates to the actuarial profession. We will cover personal experiences of our practitioners and the areas where diverse perspectives can impact the products and services we provide to the market.
Through the discussion of interactive case studies the panelist will illustrate the use of professionalism standards like the Code of Conduct, ASOPS, guidance from the ABCD, US Qualification standards, in "real life" situations.
Learning Objectives:
Learn how the Code of Conduct, ASOPS, and US Qualification standards apply to CAS members.
Apply these documents in real-life situations.
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The Exam 6-Canada syllabus includes the CCIR Final 2023 IFRS 17 P&C Insurance Return. Please note that several of the documents linked below are reproductions of an official work. In these cases, "the reproduction is a copy of an official work that is published by the Government of Canada and that the reproduction has not been produced in affiliation with, or with the endorsement of the Government of Canada." To emphasize that several of these documents are copies of an official work, a "SAMPLE" watermark has been added to these archived documents.
With the spring exam administration closing and summer nearing, we recognize that it may be difficult to stay informed about updates being implemented through our Admissions Transformation Plan (ATP), so we are providing multiple updates at this time. Some of these updates directly impact the October/November 2023 administration, while others will take effect in 2024 and beyond.
Announcements at a glance:
Announcing New Property and Casualty Predictive Analytics (PCPA) Requirement
Registration is now open for the October/November CAS Exam Administration. The registration deadline is October 2, 2023 at 11:59 PM ET. For exam dates and additional information, visit the exam registration page.
The CAS offers candidates single sign-on access. Your CAS and Pearson VUE accounts are linked, so you are able to access Pearson VUE to schedule your exam directly from your CAS account after you receive your Authorization to Test (ATT) email.
Three CAS members were recently recognized by the American Academy of Actuaries as part of the organization’s Rising Actuary Awards. The awards recognize young actuarial leaders—35 years and younger or credentialed 10 years or less—who are making an impact in the actuarial profession.
The CAS members recognized on the list are:
Our meeting will be held at Mercer County Community College in West Windsor Township, NJ. Please refer to www.mccc.edu for driving directions from your location. Virtual participation is also available.
A continental breakfast will be available starting at 8:00 AM, and the meeting will also include a buffet lunch and morning and afternoon breaks. A reception will be held following the conclusion of the meeting. (Due to unforeseen events, alcoholic beverages will not be available at the reception.)
Thank you to all candidates who participated in the October/November 2023 exam administration.
Candidates who took exams MAS-I or MAS-II received their results on Tuesday, December 5, 2023.
Take advantage of this one-day virtual seminar on Wildfires. This virtual seminar features five sessions, each consisting of an engaging presentation and discussions with speakers and other attendees. Please see the “Sessions” section below for session descriptions, learning objectives, and speaker biographies.
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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.
