CAS Supports Third Annual Insurance Careers Month

Arlington, VA – February 1, 2018 – The Casualty Actuarial Society (CAS) is proud to support the third annual Insurance Careers Month (ICM) initiative, a multi-phased collaborative effort designed to raise awareness of insurance as a compelling career choice. The campaign is focused on spreading the message of insurance as the “Career Trifecta” — stable, rewarding and limitless.

The Insurance Careers Month campaign, which initially launched in February 2016 and then broadened during its first year to the Insurance Careers Movement, aligns well with the CAS’s extensive and ongoing university engagement efforts. The CAS boasts a dedicated network of over 300 CAS members worldwide who volunteer throughout the year to bring awareness to university students about the property and casualty insurance career through the CAS University Liaison Program. The CAS also offers a free student membership program, CAS Student Central, housed at, which exemplifies the organization’s deep commitment to fostering the next generation of casualty actuarial professionals. CAS Student Central offers students access to actuarial exam preparation materials, P/C internship listings, scholarship information, and invitations to webinars and networking events.

Throughout Insurance Careers Month 2018, the CAS will promote its Millennial Profile series, first developed as a companion to the debut ICM initiative in 2016. The profiles feature CAS members and candidates offering advice and insights for students considering an insurance career, and will be available on and its social media platforms. CAS members and candidates interested in being included in the 2018 series can contact CAS Marketing and Communications Coordinator, Maha Chaudhry. The CAS will also be participating in The Pipeline, the Insurance Industry’s first Virtual Career Fair for Collegiate Talent organized by Gamma Iota Sigma (GIS), on February 13, 2018.

On an ongoing basis, the CAS promotes the property and casualty career to millennials through a wide range of activities. The CAS has developed a property and casualty resource library to help university professors design courses for students interested in joining the insurance industry as actuaries, a case competition tool-kit to allow universities and employers to introduce students to real-life challenges that are found in the insurance industry, and other resources that cover topics directly affecting the insurance field such as climate change, driverless cars, and cyber risk.

Over 850 insurance organizations have already signed on to support Insurance Careers Month, recognizing the importance of attracting the next generation of industry leaders.

To learn more, visit the Insurance Careers Month website.

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2018 CAS Student Programs – Network with Actuaries and Learn About the P&C Industry

The CAS hosts a one-day student program at each of its five large annual conferences throughout the year,  and members of Student Central are invited to participate at no cost!

Registration is open for upcoming 2018 spring events in Chicago, Boston, and New York.

Attendees will have an opportunity to:

  • Network with practicing actuaries
  • Learn more about the property and casualty industry
  • Attend conference sessions on the latest industry hot topics
  • Participate in student-specific sessions offering career guidance

Attendees can expect to gain an enhanced knowledge of the CAS and the property and casualty actuarial profession, and an expanded list of contacts.

Please contact CAS University Engagement Manager, Tamar Gertner at if you are interested in attending an upcoming program. Each program offers a limited number of spaces. 

Details for upcoming programs are outlined below.

Spring Meeting Student Program 
May 15, 2018
Boston, MA

Reinsurance Seminar Student Program 
June 4, 2018
New York, NY

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How the Actuarial Profession Matches What Millennials Want

Do you belong to the millennial generation? If you were born between the years of 1982-2004, you are officially a part of the millennial club! What makes millennials so remarkable? Well, for one, you’ve been part of the generation that has witnessed technology transform – from pagers to cellphones, and in-person meetings to virtual conferences. Your aspirations are built on transformation. And perhaps you may believe in work beyond the day-to-day routine. You specifically look for meaning in your endeavors. Meaning in the workplace, which therefore satisfies your personal desire of growth and fulfilment.

According to Bentley University’s Center for Women and Business, 84% of millennials say that helping to make a positive difference in the world is more important than professional recognition. This also corresponds with Forbes’ number one rule for guiding millennials in the workplace – treat everyone as an individual. Learn the person’s goals. Figure out how best to use the person’s abilities. And coach for career development that reflects the millennial’s individual uniqueness.

For all the reasons above, and more, the actuarial profession is quite appealing to millennials. Because actuaries analyze the risk of cost and uncertainty, they play a vital and imperative role not only in their companies, but in society at large. Their findings make an impact so great, it can mitigate potentially great losses and make a person whole in times of catastrophe. A typical day is usually never the same – actuaries are continuously assessing various models, theories, and concepts. Actuaries also have a great deal of flexibility and work life balance, hence, low stress! No surprise that actuary made it to Business Insider’s list of 32 high-paying jobs for people who don’t like stress.

Let’s not forget making a positive difference – actuaries do just that! With their specific certifications and level of advancement, actuaries are constantly on a mission to prevent mishaps from causing long-lasting harm. And because the role is exclusive to those who complete the standard certification process, only so many individuals are certified to do what they do. Millennials also enjoy having a strong support system, and as an actuary, you are surrounded by a community of individuals who support you and help you advance in your profession – those, who like you, completed the assessments and went through the journey of becoming an actuary.

How can you succeed at becoming an actuary?

  • Stay connected! Use your resources. CAS Student Central was designed for future actuaries to advance to their highest and greatest potential. We support you every step of the way by providing free study tools and resources, to getting you connected with actuaries in your region, schools, or community.
  • Keep yourself up-to-date and in the loop about exam changes and requirements. CAS is constantly updating its website to reflect the most current exam information, including exam dates and registration.
  • Do your research! Now that you know an actuary is a pretty good career choice for millennials/young professionals, examine why it might specifically suit you! Read about actuaries in the news, and learn about their day to day routines, which you can do this through Student Central as well. As a millennial, you can be the actuary of the future!

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IABA Scholarship and Boot Camp Applications are now available!

The International Association of Black Actuaries (IABA) has recently launched its Scholarship and Boot Camp applications!

The application deadline for both programs is March 31, 2018.

IABA Scholarship

The IABA Scholarship Program provides scholarships at the undergraduate and graduate level for black students who are interested in pursuing actuarial careers.

In 2017, IABA awarded $93,000 to 28 students.  The scholarship award (ranging from $3,000 – 5,000) also includes a trip to IABA’s Annual Meeting and a stipend for passing exams during the award period.  Many scholarships also come with an internship or entry-level offer from some of the industry’s leading employers.

Eligibility info:

Application info:


IABA Boot Camp

The IABA Actuarial Boot Camp is the premier program for transitioning black actuarial students to the actuarial industry. The majority of our past attendees report that the Boot Camp was instrumental in confirming their interest in the career and helping them through the interview process. In many cases, they were introduced to their employer through their Boot Camp participation.  Visit the website for more information (

Eligibility & application info:

If you have any questions, please contact IABA’s Executive Director, Kate Weaver, at

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Three New Year’s Resolutions for Actuarial Students

The beginning of a new year is often a time to pause and reflect – in both directions, forward and backward. We look back at the calendar year just completed, and we can’t help but try to recall its major events, assess how good or bad it was, and evaluate its general impact on our lives. Such reflection is a good thing – especially if it encourages us to learn from the past, identifying and responding appropriately to both the good and the bad.

But when it comes to a New Year, mostly we think of resolutions: those plans and promises we make to ourselves regarding the future (e.g., from my personal resolution repertoire: losing weight, getting better organized), and which often last far shorter than originally planned (e.g., again from my personal resolution experience: 24 hours, and ditto).

Despite occasional failures to live up to our plans, the idea of a resolution is a good one, whenever it is made. And so I herein offer three possible resolutions for actuarial science students: three recommendations for habits and behaviors that will help you to better develop your business skills and actuarial persona. And these are non-technical resolutions. In our actuarial world, it is easy to let the pursuit of technical skills overwhelm us: taking university courses, preparing for actuarial exams, learning a new programming language. But full and ultimate success in a career is, I believe, at least as dependent upon the softer, or non-technical skills, as it is on the technical. And to have both technical and non-technical skills – that’s a recipe for well-rounded success.

Here are three non-technical resolutions for actuarial science students – resolutions that you can begin implementing now, and continue for the rest of your career.

1. Begin or Enhance Your Networking Efforts: All successful people network. Period. And there is always more networking one can do, limited only by the number of hours in a day, the need for sleep, and other such minutiae of life.

“Networking” is the systematic development and nurturing of relationships to fulfill certain needs or desires. From a career perspective, building such relationships can facilitate knowledge and opportunities, and it is something you should work on daily, throughout your career.  And it is never too early to start.  There are dozens of ways to network; just a few examples:

  • If you read something interesting – e.g., an article, email, or blog post – send a quick message to the author expressing your appreciation and showing interest in the topic.
  • When meeting someone new, consider following up with a brief phone call or email. If relevant and appropriate, ask if they’d be interested in talking further over a cup of coffee, or perhaps grabbing a sandwich for lunch.
  • Keep a list or database of names, contact information, and a few important characteristics about each person.

2.  Become a Career-Long “Student” of Your Industry: Absorb as much information and knowledge of your industry / profession as possible. For actuarial students, right now that may mean learning about actuarial science and risk management in a broad, general sense; you can tailor your information-gathering efforts to your specific career focus (e.g., property / casualty insurance, health risk management, etc.) later, once you have made a decision on where to concentrate your career.

Nowadays, there are numerous “news aggregator” apps that allow you to collect, organize, and read information, by searching news articles and other media based on your selected key words. (Start with “actuary” and “actuarial,” and add other key words as desired.)  Make a daily habit of perusing your aggregated news, reading a few of the links in-depth.  Soon, you’ll have plenty of industry knowledge with which to better understand discussions, see connections between topics, or start your own cocktail party conversations.

3. Subscribe To and Read a Newspaper: Sounds trivial, I know. But this is something I always recommend to near- and recent-graduates who will be starting their jobs and careers. Knowing a bit about what’s going on in the world – internationally, nationally, and locally – is an important indicator of your presence and engagement. And, more importantly, it will help you to better appreciate your life and the world around you.

Keep in mind that much of job and career success is a matter of engaging with others in conversation, and being aware of what’s happening in the world that might be notable or relevant to your industry. Small talk at the beginning or end of (or sometimes even during) meetings is not unimportant; demonstrate engagement and enthusiasm at every opportunity.

Best of luck – and Happy New Year!

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