OLA Exam Scholarship

It is common in the actuarial profession to have to retake exams, even after hundreds of hours of study! Failure does not indicate a person’s inability to become an Actuary, especially with a grade of 4 or 5, exams are challenging! If you were close (score of 4 or 5) to passing exams P (Probability) or exam FM (Financial Mathematics), the Organization of Latino Actuaries invites you to apply to the perseverance exam scholarship.

Eligibility: Latino actuarial candidates who sat for exam P or FM after June 1, 2019 who received a grade of 4 or 5 and need financial support. OLA will cover the cost of the failed exam with the condition that the same exam is retaken after the date of this application and within 90 days of this application. Applicants need to be U.S. based. This scholarship is not designed for individuals with full-time jobs in an actuarial position.

Selection Criteria: Applications will be reviewed seeking candidates who show commitment to pursuing the actuarial career and have a plan to improve their scores. Eligible applicants will be asked to answer some questions and submit their exam transcript showing the grade and the date the exam was taken. Preference will be given to applicants who need greater assistance and who will benefit the most.

Deadline: The deadline to apply is 90 days after the failed exam sitting except for students who sat for exams from June 1 through September 30, 2019 who can apply before the end of 2019. Winners will be notified via e-mail.

If you don’t have funds to register for the next sitting, you can register to the subsequent sitting once you have the check.

If you have any questions about this application, please contact us at LatinoActuaries+Exam@gmail.com.

Learn more and apply here!

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2020 IABA Scholarship and Boot Camp Application Deadline March 31st

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, 2020.

IABA Scholarship

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

Scholarships are awarded on the basis of individual merit. The amount of the award typically ranges from $2,000-$5,000 and is based on full-time status during the upcoming school year.

The scholarship program is available to students of African descent originating from the United States, Canada, the Caribbean and African nations.

Eligibility info: http://www.blackactuaries.org/page/Eligibility

Application info: https://www.blackactuaries.org/page/Scholarship

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/2020IABABootCamp)

Eligibility & application info: https://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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2020 ARECA Actuarial Scholarship Announced for Undergraduates in Asia

ARECA is pleased to announce the 2020 scholarship competition for current undergraduate students in the Asia Pacific region who are interested in pursuing the actuarial profession.

About the Scholarship:

The primary element of the scholarship competition is for the applicant to prepare an essay (approximately five pages) addressing a business scenario that is illustrative of the issues that are analyzed by property / casualty actuaries in their daily work.

Scholarship awards of US $1000 each (cash) will be awarded to three students. In addition, ARECA and CAS plan to publish the winning scenario essays, and to invite the three winning students to participate in an upcoming local ARECA meeting (or other actuarial event) during 2020.

The funding for these scholarships is sponsored by AXIS, part of the AXIS Capital group of companies, which includes global insurers and reinsurers providing clients and distribution partners with a broad range of specialized risk transfer products and services.


ARECA (“Asia Region Casualty Actuaries”) was formed in 2015 as a regional affiliate of the Casualty Actuarial Society.  ARECA provides continuing education programs, information and other support to actuarial programs at universities across Asia, networking opportunities for current and future actuaries, and now the ARECA scholarship.  For more information about ARECA, visit the CAS website.

Applications are due by 1 March, 2020.

Interested? Get more information and apply here!


If you have questions about the scholarship, ARECA, the Casualty Actuarial Society, or the actuarial profession after reviewing the material available through the above link, please contact Michael Chou, CAS International Relationship Manager, at mchou@casact.org.

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