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CAS Loss Simulator 2.0 is an open source R package (cascsim.zip), helping actuaries perform transaction data fitting and claim-level loss reserving. It comes with an Excel Front End to assist users with an easy to use interface.
Conference will include:
Continental Breakfast: coffee, tea, baked goods, fresh fruit and yogurt.
Buffet Lunch: Garden Salad, Chicken Piccatta, Veggie Lasagna, sides and dessert.
Kosher meals and gluten free pasta primavera available upon request.
Midmorning and Afternoon refreshment breaks
Topics Include:
Please welcome four new candidate representatives and one new CAS member to the Candidate Advocacy Working Group this year! These volunteers help advocate candidate’s viewpoints to the broader CAS community. Candidate representatives are volunteers who haven’t yet achieved the ACAS but are actively taking CAS exams. CAWG members are your voice in the CAS — don’t hesitate to reach out to CAWG@casact.org with any feedback, ideas or comments!
The CAWG is kicking off a new series in Future Fellows with the goal of taking your questions and answering them in each issue. To get us started we took a question that has come up recently as the CAS is enhancing its exams through the Admissions Transformation Plan (ATP).
Registration is now closed.
We are looking for subject matter experts who are familiar with the following CAS Exams:
Exam 5: Basic Ratemaking and Estimating Claims Liabilities
Exam 6U: Regulation and Financial Reporting (United States)
Exam 7: Estimating Liabilities, Valuation, ERM
Exam 9: Financial Risk and Rate of Return
In late May, actuaries from around the world will travel to Sydney, Australia to participate in the 2023 International Congress of Actuaries. Many CAS members are planning to be in attendance, and CAS President Roosevelt Mosley, FCAS, will be featured as a keynote speaker at the event.
Over 230 insurance industry professionals recently earned their Associateship (ACAS) or Fellowship (FCAS) credentials from the Casualty Actuarial Society (CAS) by passing examinations given during the CAS’s Fall 2022 exam sitting.
Digital transformation, autonomous vehicles, embedded insurance, reinsurance insurtechs: take advantage of the professional education in these hot topics in this one-day virtual seminar.
Group registration is available.
Data science: A new toolset for the actuarial professional
Data science is increasingly pervading different parts of our lives, from recommender algorithms suggesting what we might like to watch on Netflix to ChatGPT passing MBA exams. As many of us know or have seen firsthand, data science has also impacted our work as actuaries. Some of us might even be concerned that we’ll be replaced by data scientists!
Wherever you are on your CAS journey, there are professional standards to which you are held. Candidates must abide by the Code of Professional Ethics for Candidates. CAS members are held to the standards of the CAS Code of Professional Conduct. Precept 3 in the CAS Code states:
This article will be released around the time most of you are neck-deep in studying, which means you are probably asking yourself questions such as, “Should I take the time to read Dan’s article, or should I work on my flashcards?” or “Why am I doing this to myself? Is it all worth it?”
First of all, thank you for taking five minutes to read what we have to share here — I’m hoping it helps. Let me start by stating that your study efforts are ABSOLUTELY worth it, my friends.
There are many benefits to receiving your credentials. We will focus on the following:
Journey to the Top
November 5-8, 2023
Los Angeles, CA
The Westin Bonaventure Hotel & Suites
Deadline: March 31, 2023
Submit Your Idea
The Annual Meeting Working Group (AMWG) issues the Call for Presentations for the 2023 Annual Meeting. Speakers are expected to travel in-person to the meeting to present.
Deadline: December 29, 2023
Submit
The Casualty Actuarial Society invites you to be a part of the CAS Webinar planning process. The Webinar Working Group is soliciting your submission of proposals for upcoming CAS Webinars through fiscal year 2024 (September 2023 – October 2024).
Registration is now open for all qualified candidates.
To be eligible for the Course on Professionalism you mut meet one of the following sets of criteria:
Registration is now open for all qualified candidates.
To be eligible for the Course on Professionalism you mut meet one of the following sets of criteria:
Hosted by the International Actuarial Association and the Actuaries Institute Australia, the 2023 International Congress of Actuaries is the largest hybrid global event for actuaries and industry leaders. Join the brightest actuarial minds across five days, in-person or online, to learn, network and help solve the biggest issues – at a time the world needs actuaries more than ever.
U.S. commercial auto insurance liability claim payouts increased $30 billion more than would otherwise have been expected between 2012 and 2021 due in part to social inflation, according to an updated paper published today by the Insurance Information Institute (Triple-I), in partnership with the Casualty Actuarial Society (CAS).
The CAS Capability Model, which is a visual framework that articulates and provides guidance on the traits, skills and knowledge important for most property/casualty actuaries, is now available through the CAS website.
CAS members and other stakeholders can use the model to self-assess the levels of their professional attributes in 18 different areas, which will assist them in identifying areas of opportunity to learn and grow and planning their professional development journeys.
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.
