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CAS Releases New Spotlight on Diversity 2020 Infographic Detailing Membership Demographics Over Time
As part of the CAS Strategic Approach to Diversity, Equity and Inclusion (DE&I) adopted by the Board of Directors in September 2020, the CAS has committed to setting concrete goals and maintaining transparency and accountability on progress on our DE&I initiatives. To this end, we have built a set of detailed demographic metrics for CAS members and candidates, designed to help us understand the current state of diversity in the CAS, set goals, and track changes over time.
The article is part of the publication’s celebration of Insurance Careers Month and covers the many factors that make the actuarial career unique and rewarding.
9/2/20: If you missed participating in any of these webinars live, you may purchase them for only $80 for all three, or $30 each. Please go to UCAS (https://www.pathlms.com/cas/courses/22745) for more information.
This session will review natural catastrophes of the past twelve months, including the extremely active severe convective, hurricane and wildfire seasons, as well as the more recent 2021 February cold winter weather episode that had significant humanitarian and financial impacts across Texas. The initial outlook for the 2021 Atlantic hurricane season will also be discussed in detail, with a focus on the modeling techniques currently used to issue these forecasts.
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This webinar will examine several case studies of challenges faced by actuaries working in innovative industries or coverage segments. Actuarial work in areas such as vehicle sharing, the gig economy, telematics, medical technology, e-tail shipping insurance, and COVID business interruption all face complications in their work.
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Arlington, Va. – March 18, 2021 – The Casualty Actuarial Society (CAS) and Society of Actuaries (SOA) recently hosted three Be An Actuary programs in conjunction with Arizona State University, DePaul University and Temple University.
Need additional CE, go to UCAS (Virtual CE) to access hundreds of low-cost event recordings.
Dear CAS Fellows and Associates,
With the cancellation of the 2020 Ratemaking, Product and Modeling Seminar, we understand that some of our members are concerned about completing their continuing education requirements. In order to better support those efforts, we want to remind members of the variety of opportunities to participate in CAS virtual continuing education programs:
At this year’s virtual CLRS, September 15-17, two sessions were recognized as the best sessions by attendee evaluations:
CAS is proud to announce Charles Wheelan, PH.D., as its featured speaker for the CAS 2021 virtual Spring Meeting. He will speak on "The Unintended Consequences of Data."
Charles Wheelan is a senior lecturer and policy fellow at the Rockefeller Center at Dartmouth College and author of Naked Statistics: Stripping the Dread from the Data (W.W. Norton). Learn more.
The Society of Actuaries’ Committee on Knowledge Extension Research and the Casualty Actuarial Society announce the 2020 Individual Grant Competition to support the advancement of knowledge in actuarial science.
The project may be either theoretical or empirical in nature. A key criterion is that the project should have the potential to contribute significantly to the advancement of knowledge in actuarial science.
The purpose of the "Exams in Real Life" series is to share how content from CAS exams is used in the workplace today. In essence, we would like to supply a little motivation by answering the questions, "Why am I learning this stuff?" and "When am I ever going to use any of it?" If you have not already done so, please read the two prior articles on MAS I & MAS II.
The purpose of the “Exams In Real Life” series is to share how content from CAS exams are used in the workplace today. In essence, we would like to supply a little motivation by answering “Why am I learning this stuff?” and “When am I ever going to use any of it?” If you have not already done so, please take a moment to read our prior articles. (See Exams IRL Archive below this article.)
Files are available in PDF Format.
2019/2020
Winter 2019/2020
2019
The CAS Reinsurance Research Committee is sponsoring a call for papers related to reinsurance. This program is undertaken every two years in an effort to enhance the actuarial literature on reinsurance topics.
The Committee welcomes papers on any reinsurance-related topic, including but not limited to:
The CAS has made it easier for actuarial employers to sign up their actuarial employees for CAS webinars and at substantial savings for those companies with a large number of actuaries spread across multiple locations.
The CAS is offering a yearly subscription for multiple webinar connections starting in FY 2021 (October 1, 2020 – September 30, 2021). A minimum of 24 webinars will be offered during the fiscal year for a one-time cost of $9,600. Any additional webinars offered during the year will be included in that cost.
The CAS has made it easier for actuarial employers to sign up their actuarial employees for CAS webinars and at substantial savings for those companies with a large number of actuaries spread across multiple locations.
Dynamic Financial Analysis Prize
This award is made to the authors of the best papers submitted in response to a call for dynamic financial analysis discussion papers whenever the program is conducted by the Casualty Actuarial Society. Papers are judged by a specially appointed review committee on the basis of quality of the overall content of the paper as an advancement to the published literature on dynamic financial analysis as well as other factors. If no paper is considered eligible in a given year, the award shall not be made. The committee's decision will be final.
In August 2020, the CAS began a partnership with MZD to help with its transition from traditional paper-based exams to a more modern computer-based design. In addition to unveiling a new computer-based assessment experience for its members, CAS was seeking a solution to address in-person scoring challenges imposed by the COVID-19 global pandemic. As an industry leader in assessment scoring solutions, MZD supported the CAS credentialing program by providing robust and secure exam scoring technology through its Online Scoring and Reporting platform, OSCAR.
The Casualty Actuarial Society is again pleased to extend a peer-reviewed call for discussion papers on ratemaking topics. This call offers one-year and two-year cycles, demonstrating our efforts to improve the process for submitting and reviewing papers, giving authors enough time to explore topics and submit high-quality research. We designed the one-year cycle for authors whom have written papers that require peer and editorial review.
The 2020 Hachemeister Prize has been awarded to Ronald Richman for his paper, “AI in Actuarial Science,” presented at the 2019 ASTIN Colloquium. The Charles A. Hachemeister Prize is awarded annually to ASTIN Bulletin or ASTIN or AFIR Colloquium paper(s) based on several criteria but with emphasis placed on the paper’s impact for North American actuaries and its practicality of application.
The Casualty Actuarial Society (CAS) selected four universities as recipients of the 2020 CAS University Award, an honor created to celebrate universities that share our commitment to fostering the development of the next generation of property and casualty actuaries.
The 2020 Spring Meeting of the Casualty Actuaries of the Southeast (CASE) will be held in Nashville, TN on Monday, March 16, 2020. The meeting will start with breakfast at 8:30 am and is expected to adjourn by 3:45 pm. Business casual attire is recommended.
MEETING LOCATION:
Room: Memorial Hall
Alumni Hall Vanderbilt University,
23rd Ave N,
Nashville, TN 37212
Please note that due to limited space, registrations will be accepted on a first come first basis. Be sure to register early and ensure your attendance.
The letter below was sent to all CAS candidates earlier today in response to their concerns regarding the Spring 2021 exam sitting. As members have also contacted us with concerns, we wanted to make sure all members were aware of this information provided to candidates.
Letter to Candidates from the CAS President and CEO Regarding CAS Exams
Closing Out the Fall 2020 Exam Sitting and Addressing the Spring 2021 Exam Challenges
The Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA) are excited to announce the expansion of the Diversity Exam Reimbursement Program for actuarial candidates. This program now offers qualified candidates exam reimbursements and study material stipends for two additional credentialing requirements, beyond Exams P and FM, as outlined below.