Arizona State University’s GIS Chapter Hosts CAS Case Competition with Brigham Young University!

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Reprinted with permission from Arizona State University (ASU). Written by Kinsey Turk, a sophomore and CAS Student Ambassador at ASU. Original version available online.

The Gamma Iota Sigma Kappa Chapter at ASU (GIS @ ASU) hosted its 4th Annual Casualty Actuarial Society (CAS) Case Study Competition on March 18. Unlike past events where ASU teams competed against only one another, this year ASU’s two teams competed against special guests from Brigham Young University (BYU). The BYU faculty and two student teams made the 10-hour trip down to Tempe to participate in the exciting case study and network with students and faculty from ASU.

The focus of the CAS Case Study was to utilize Microsoft Excel to present information to a panel of judges about a commercial property book of business in catastrophe-prone areas. Some of the challenges included cleaning spotty data, creating a dynamic underwriting report, and finding creative and clear ways to present vast amounts of data. Each of the four teams had a unique and fresh take on the data and provided fantastic graphics. After all of the talented groups presented, the panel of judges deliberated and chose the winning team: BYU’s team consisting of Brandon Allen, Jason Colgrove, Courtney Jolley, Abby Walker, and Cason Wight. Along with the prestige of winning, the team was awarded $2,500, generously provided jointly by the ASU School of Mathematical and Statistical Sciences and the CAS.

Aside from the amazing work each of the students contributed to their presentations, the night was an excellent opportunity for fellow actuarial science students and faculty to mingle while building connections across state lines. Interacting with outside universities is a rare and gratifying experience for all involved and made the CAS Case Study an absolute success. GIS @ ASU would like to thank the panel of judges for taking the time to volunteer and BYU for journeying out to Arizona to participate in the competition. GIS @ ASU is looking forward to having a potential rematch in the coming year and to further connect with students in the actuarial science field in the Southwest.


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2019 IABA Scholarship and Boot Camp Application Deadline March 31

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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, 2019.

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 2018, IABA awarded $114,000 to 36 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: http://www.blackactuaries.org/page/Eligibility

Application info: http://www.blackactuaries.org/page/ScholarshipApplicat

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 (https://www.blackactuaries.org/page/2019IABABootCamp)

Eligibility & application info: http://www.blackactuaries.org/general/custom.asp?page=BootCampApplication

If you have any questions, please contact IABA’s Executive Director, Kate Weaver, at iaba@blackactuaries.org.


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Register to Attend an Upcoming CAS Student Program

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 events in  New Orleans, Bermuda and Austin.

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 Tgertner@casact.org 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 21, 2019
New Orleans, LA

Reinsurance Seminar Student Program
June 3, 2019
Bermuda

Casualty Loss Reserve Seminar (CLRS) Student Program
September 17, 2019
Austin, TX


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Future Fellows – March 2019

The Future Fellows newsletter is a fantastic resource; it provides students and candidates with the latest news and information relevant to the CAS including: event dates, actuarial exam dates and registration deadlines, and articles on various pertinent topics for the aspiring actuary.

The latest issue highlights information on:

* Why Don’t They Fix That? Exam Survey Elicits Common Questions and Concerns
* Educational Enhancements Ahead
* An Interview with CAS President Jim Christie
* Should You Buy Insurance from Your Own Company?
* Blockchain Demystified
* Feeling Like a Fraud – Impostor Syndrome in Actuaries


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