2019 CAS UNIVERSITY AWARD WINNER
UNIVERSITY OF TORONTO
The University of Toronto’s actuarial science program has five actuarial faculty members, more than ten adjunct instructors, and about 250 actuarial students. The university impressed the judges with its focus on P&C insurance as shown in the following examples:
- The university offers a wide range of actuarial courses related to P&C insurance, including a three-course P&C series taught by seasoned CAS Fellows working in the Canadian P&C industry: Reserving Methods for P&C, Ratemaking Methods for P&C and Advanced Methods for P&C (which incorporates catastrophic pricing), and reinsurance pricing and GLM applications to P&C.
- Several opportunities are available for real-world exposure to the P&C industry through various courses and programs. These include a case studies and communications course focusing on presentation skills, a peer-mentorship program embedded into a data science course for actuarial students, and the actuarial club’s mentorship program pairing industry professionals with students.
- Collaborations with P&C industry partners with professors and students to conduct research aiming to produce highly innovative and implementable models and methodologies to solve real-world problems in P&C insurance.
“We are thrilled to receive the CAS University Award this year! University of Toronto has been building a world-class actuarial science program for decades and, in the past few years, the addition of a suite of P&C courses has further elevated our profile in the P&C insurance sector,” said Professor Vicki Zhang, Associate Chair, Undergraduate Studies in Actuarial Science. “We feel honored and energized to be recognized for our efforts. We also want to take this opportunity to thank all our amazing industry instructors who had devoted huge amount of personal time to enrich our program. They are our partners in the truest sense. And of course, thank you CAS, for the award!”