CAS Profile: Alex Morrone, FCAS

I am currently an SVP & Actuary at Crum and Forster and CFO of the Commercial and Executive division. I started my career within the Travelers Actuarial Leadership Development Program and also spent time at The Hartford in a variety of roles, as well as overseeing their actuarial student program.

 

Where do you work and what is your position?

Crum and Forster, SVP & Actuary, CFO of Commercial & Executive.

Why did you decide to become an actuary?

I always had a passion for mathematics and was on a path to being a math teacher, after tutoring for a number of years. My professor saw I needed a challenge and introduced me to actuarial exams, and it quickly snowballed from there!

What parts of the profession do you love the most?

I love constantly learning about different parts of the economy. Every year brings evolving risks and with every worker, building, and liability being insured, I have a lifetime of learning and challenges ahead of me.

What is the best piece of career advice you have ever received?

Understand the “why” behind what you are doing and its importance. Doing work will only get you so far — understanding your work will unlock a lot more opportunity.

Why would you recommend a career in the P&C insurance industry to current college students?

Property and Casualty actuarial science is a constantly evolving field that works to understand and quantify risk throughout the world, and as a result there is always something new to discover.

What can students and early professionals do now to prepare for a career in the industry?

Build a strong base of mathematics and round it out with business and presentation skills so you can effectively influence business partners.