CAS Re-Launches The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program

The Casualty Actuarial Society (CAS) is honored to lead the next chapter of The Actuary — A Career Change: Elizabeth M. Mauro Reimbursement Program, an initiative that provides financial and professional support to career changers transitioning into the actuarial profession.

Originally established by the Actuarial Foundation, the program commemorates the life and legacy of Elizabeth “Liz” M. Mauro, FCAS. Liz shifted her career to the actuarial profession after working for several years as a social worker and went on to become a dedicated Fellow of the CAS while working at Zurich North America. Following her passing in 2011, her family and friends endowed an exam reimbursement program to ensure that others making similar career changes would have access to the support they need to succeed.

The Mauro Reimbursement Program aims to ease the financial and professional challenges of entering the actuarial field. Accepted candidates will receive reimbursement for the cost of an actuarial exam and associated study materials. Candidates will also be paired with a CAS member to act as a mentor for six months, offering career guidance, encouragement, and advice. By combining practical assistance with personal mentorship, this program helps career changers focus on building their knowledge and advancing toward an actuarial career.

To be considered, an applicant must meet the following eligibility criteria:

  • Must be 25 years of age or older by the application deadline
  • Must have not received any actuarial designation
  • Must be legally authorized to work in the U.S.
  • Must have passed at least one actuarial exam within the 24 months prior to the application deadline
  • May not receive (or be entitled to receive) reimbursement for exam registration fees and/or the cost of study materials through any other source (including university or employer programs)

Individuals who qualify are invited to apply online. The first application deadline is October 31, 2025. Beginning in 2026, the program will offer two application cycles annually.

By continuing this program in Liz’s name, the CAS seeks to honor her legacy by sharing her example of perseverance and dedication. Career changers bring unique perspectives and valuable experiences to the property and casualty actuarial profession, and the CAS is committed to supporting their success through the Mauro Reimbursement Program.

This program would not be possible without the commitment of the CAS’s dedicated volunteer task force, many of whom are career changers themselves — whose prior careers range from long-haul trucking to personal trainer, to math teacher to history professor, with many stops in between. If you are interested in serving as a mentor, you can volunteer in the Portal by following these instructions.


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2025 CAS Trust Scholarship Recipients Announcement

The Casualty Actuarial Society (CAS) is thrilled to share the winners of the 2025 CAS Trust Scholarship! This award was made with the intention of furthering students’ interest in the property and casualty actuarial profession and encouraging the pursuit of CAS designations. The CAS received a record number of applications from around the world this year, resulting in an incredibly competitive cycle. This year’s eight recipients have demonstrated remarkable achievements, both academically and professionally, as well as a strong commitment to the P&C industry.

The 2025 awardees are Ava Brown, Jolin Cheung, Radhika Damle, Michal Gabrick, Saul Garcia, Sang Huynh, Duong Nguyen, and Alexia Xu.

$5,000 CAS Trust Scholarship Recipients

The awardees of the $5,000 CAS Trust Scholarship are Jolin Cheung, Radhika Damle, Sang Huynh, and Alexia Xu.

Jolin Cheung is a fifth-year student at McMaster University, where she is studying Actuarial and Financial Mathematics. In 2024, she interned at Echelon Insurance, where she gained experience with both the Commercial Property Pricing and Corporate Actuarial teams. This summer, she has returned to Echelon for another internship, working with the Corporate Actuarial and Personal Auto Pricing teams. She is also actively involved in the McMaster Actuarial Society.

“I am honored to receive this recognition from the CAS and deeply grateful for the support from my mentors, family, and friends. I’m excited to continue pursuing my passion for the profession and to give back to the next generation of actuaries.”

Radhika DamleRadhika Damle is a rising senior at the University of Nebraska – Lincoln in the Jeffrey S. Raikes School of Computer Science and Management, where she is majoring in Actuarial Science and Data Science with a minor in Computer Science. She previously held actuarial internships at Lincoln Financial and Travelers, and will gain additional actuarial experience through her internship at State Farm this summer. Radhika is currently serving her second term as the President of the Actuarial Science Club. She has held leadership positions as an Ambassador for the Honors program and Gamma Iota Sigma, and serves on the study advisory board for the College of Business.

“I am truly honored to be selected as a recipient of the 2025 CAS Trust Scholarship Award. Knowing that I have this support is very inspiring for me as I continue to grow and pursue my goals in the actuarial profession.”

Sang Huynh is in his final year of a master’s program in Actuarial Science, a joint degree between the Institut de Science Financière et d’Assurances in France and the National Economics University in Vietnam.Sang Huynh is in his final year of a master’s program in Actuarial Science, a joint degree between the Institut de Science Financière et d’Assurances in France and the National Economics University in Vietnam. After interning at Sun Life Vietnam in 2023 in an IT role, he found and developed a strong interest in the actuarial profession, which led him to pursue graduate studies in the field. In Summer 2024, he joined ORLab at National Economics University (NEU) as a Research Collaborator, contributing to a project in Portfolio Optimization. Currently, his research focuses on bias and fairness in insurance pricing.

“Receiving this recognition from the CAS is an incredible honor, one that I owe to the unwavering guidance of my professors and mentors, who are also my dearest friends. This isn’t just an award; it’s a powerful affirmation that fuels my ambition to become a researching actuary, dedicated to pushing the boundaries of actuarial science with work that genuinely matters.”

Alexia Xu is a fourth-year undergraduate student at the University of Toronto, specializing in Actuarial Science and majoring in Statistics.Alexia Xu is a fourth-year undergraduate student at the University of Toronto, specializing in Actuarial Science and majoring in Statistics. She is currently an actuarial intern at Intact Financial Corporation on the Personal Lines pricing team, after previously interning with their Specialty Lines pricing team in winter 2024. Her past experience also includes internships at Definity Financial Corporation in Commercial Lines pricing and at iA Financial Group in P&C pricing. Alexia has held leadership roles with the University of Toronto Actuarial Science Club, the Actuarial Students’ National Association (ASNA), and the Quantify Case Competition.

“I’m honored to receive the CAS Trust Scholarship and for the support I’ve had along the way. This recognition inspires me to further pursue my passion for actuarial science and give back to the community with purpose and dedication.”

$2,500 CAS Trust Scholarship Recipients

The awardees of the $2,500 CAS Trust Scholarship are Ava Brown, Michal Gabrick, Saul Garcia, and Duong Nguyen.

Ava Brown is a rising senior at Stanford University, where she is studying Data Science and interested in using machine learning and statistics for risk assessment.Ava Brown is a rising senior at Stanford University, where she is studying Data Science and interested in using machine learning and statistics for risk assessment. She spent the summer of 2023 as a data analytics intern with the Life and Annuity Predictive Analytics team at Milliman and the summer of 2024 as an investment banking intern with the Healthcare group at Goldman Sachs. In 2025, she will be joining Bridgewater Associates as a summer investment associate. Ava currently serves as the Executive President of the Associated Students of Stanford University, Executive Vice President of BLK Capital Management, Corp., President of TEDxStanford, and Team Manager of the Stanford Equestrian Team.

“I am incredibly thankful for the opportunity to be recognized as a CAS Trust Scholarship Recipient. This scholarship will help me make the most of my final year at Stanford as I explore data analytics, risk assessment, and the actuarial profession. The support of the actuarial community is unmatched, and I am grateful for the guidance and motivation I have found from outstanding organizations like the CAS.”

Michal Gabrick is a rising senior at the University of Texas at Austin, where he is studying Mathematics with a minor in Computer Science.Michal Gabrick is a rising senior at the University of Texas at Austin, where he is studying Mathematics with a minor in Computer Science. In the summer of 2025, he is working as an actuarial intern at Aon on the reinsurance solutions team, focusing on credit reinsurance. Michal currently serves as an officer for the University of Texas Actuarial Science Club and is the editor of the Actuarial program’s semesterly student newsletter.

“Receiving this scholarship from the CAS is an incredibly meaningful milestone in my journey toward becoming an actuary. I’m deeply thankful for the encouragement and support it represents, and I look forward to giving back to the actuarial community through hard work, curiosity, and service.”

Saul Garcia is a rising senior at Siena College, where he is pursuing a double major in Actuarial Science and Applied Mathematics with a statistics track, as well as two minors in Computer Science and Data Science.Saul Garcia is a rising senior at Siena College, where he is pursuing a double major in Actuarial Science and Applied Mathematics with a statistics track, as well as two minors in Computer Science and Data Science. He spent the summer of 2024 as an intern at Chubb’s reserving department and is returning for the summer of 2025 in their Westchester Programs company. Saul currently serves as the president of the Actuarial Science Club and the treasurer of the Computer Science Club at Siena.

“I am incredibly honored to receive this recognition from the CAS to help me in my upcoming career. I am also extremely thankful for my academic adviser, professors, parents, friends, and colleagues who supported me in my actuarial development.”

Duong Nguyen is a master's student in the joint program between Claude Bernard University Lyon 1  and the National Economics University.Duong Nguyen is a master’s student in the joint program between Claude Bernard University Lyon 1  and the National Economics University. In summer 2024, she interned in risk management at Bao Viet Life Corporation and later worked as an actuarial intern at Tasco Insurance, focusing on automobile insurance. In summer 2025, she will join PTI Insurance for another actuarial internship, focusing on product pricing. During the 2025-2026 academic year, Duong will continue her studies in France to complete the final year of her master’s program.

“I’m honored to receive this recognition from the CAS. I’m deeply grateful to my family, professors, mentors, and friends for their support — this encouragement inspires me to give back to the actuarial community and support others on their journey.”

LEARN MORE ABOUT OUR CAS TRUST SCHOLARSHIP PROGRAM

The CAS Trust Scholarship Program is funded by donations to the CAS trust, which affords members and others an income tax deduction for contributions of funds used for scholarships and research grants. The CAS Trust was qualified by the Internal Revenue Service in 1979 as a non-profit organization exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code.

CAS members are invited to contribute to the Trust; inquiries and contributions should be addressed to the CAS’s Chief Business Officer, Joyce Warner, at JWarner@casact.org.


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2025 CAS Trust Scholarship

Apply for the 2025-2026 CAS Trust Scholarship!

The Casualty Actuarial Society (CAS) is pleased to announce that we are now accepting applications for the 2025-2026 CAS Trust Scholarship! The CAS Trust Scholarship Foundation, funded by donations to the CAS Trust, is open to full-time college students pursuing a career in actuarial science. Scholarships will be awarded in the amount of $2,500 and $5,000 for the 2025-2026 academic year.

The CAS Trust Scholarship Program application details and eligibility requirements are outlined below.

Applicant Eligibility Requirements:

  • Submit all sections of the CAS Trust Scholarship application by January 31, 2025.
  • Must be currently attending a college or a university as a full-time student and continuing as a full-time student in the 2025-2026 academic year.
  • Must have sat for at least one actuarial exam by March 31, 2025.
  • Must be a member of CAS Student Central.

Application Details: You must submit all the following to apply.

  • The online CAS Trust Scholarship application and essay.
  • Two recommendation letters included in the application, preferably completed by an internship supervisor, instructor, and/or adviser at your educational institution who knows you well.
  • A current transcript. Indicate whether the academic term is a semester, trimester, or quarter. If the current transcript shows grades for only one academic term, then also provide the official transcript from your prior educational institution.

Interested in applying? Please visit the CAS Trust Scholarship Program web page to learn more and submit your application.

If you have any questions about the CAS Trust Scholarship application, please email CASStudentCentral@casact.org. Completed applications must be submitted by January 31, 2025, and winners will be notified by May 31, 2025.

About CAS Student Central: CAS Student Central is a membership program for university students interested in pursuing an actuarial career. Join a community of nearly 8,000 students from over 600 universities who have already joined this free membership program to access career resources, study tools, and more!


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Apply for the 2022-2023 Central States Actuarial Forum (CSAF) Scholarship

 

APPLICATION DEADLINE:  April 1, 2023                                                            Academic Year:  2022-2023

Objective

The objective of the scholarship is to further students’ interest in the property/casualty actuarial profession and to encourage the pursuit of the CAS designations.

Amount of Scholarship

The CSAF Scholarship Program will award $1,500 scholarships to college students for the current or subsequent academic year to assist with exam costs. This scholarship will be awarded on the basis of individual merit.

Eligibility – To be considered all applicants must:

  • submit all sections of the CSAF Scholarship application by the application deadline,
  • reside or attend a college or university in one of the Central States,
    (Colorado, Iowa, Kansas, Missouri, Nebraska, North Dakota, or South Dakota)
  • currently attend a U.S. college or university as a full-time student and continue as a full-time student at a U.S. college or university throughout the current academic year,
  • have sat for at least one actuarial exam by the application deadline,
  • be a member of CAS Student Central, and
    (Join here for free: CASstudentcentral.org)
  • demonstrate high scholastic achievement and strong interest in the casualty actuarial profession, mathematical aptitude, and communication skills.

Additional Rules

You must submit the full CSAF Scholarship application and required short essay.

A current official transcript will also be required from the selected candidate, once the award decision has been made.

Incomplete applications will be disqualified without any consideration to partial information received.

Completed applications are due by April 1, 2023. The award decision will be made April 15, 2023.

Apply Now!


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Casualty Actuarial Society Announces 2022 CAS Trust Scholarship Recipients

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The Casualty Actuarial Society (CAS) is pleased to announce that eight university students have been selected as recipients of the 2022 CAS Trust Scholarship! This honor was created to further students’ interest in the property and casualty actuarial profession and encourage the pursuit of the CAS designations. This year’s awardees are Neil Bhardwaja, Jacob Heit, Gabriel Morin, Caitlyn Nielson, Gavin Rublewski, Celeste Trevino, Jabari Washington and Trisha Vazquez.


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2022 IABA Scholarship and Boot Camp

The International Association of Black Actuaries (IABA) is now accepting applications for the IABA Scholarship and registrations for their Boot Camp!

IABA Scholarship

IABA provides scholarships at the undergraduate and graduate level to qualified Black students who are interested in pursuing an actuarial career.

Scholarships are awarded on the basis of individual merit. The amount of the award typically ranges from $1,500 – $5,000/year and is based on full-time status during the upcoming school year.

Deadline: March 31, 2022

IABA Boot Camp

The International Association of Black Actuaries (IABA) kicks off their 2022 Virtual Boot Camp on Wednesday, February 9. The Boot Camp is an immersive seven module experience that runs through May 2022 and is designed to prep students for actuarial internships and entry level opportunities.

Module 1: Day in the Life of an Actuary includes an overview of the actuarial profession and practice areas, and features a panel discussion between practicing actuaries!

Modules 2-7 cover resume writing, interview skills, exams, presentation skills, technical skills, and professional branding.

Visit the IABA website for additional information and the links to register.

If you have any questions, please contact IABA’s Student Programs Coordinator Morgan Colvin, at m.colvin@blackactuaries.org.


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2021 ARECA Actuarial Scholarship Announced for Undergraduates in Asia

ARECA is pleased to announce the 2020/21 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, the Scholarship winners will have the opportunity to publish their scenario essays in CAS publications, and to participate in an upcoming local ARECA meeting (or other actuarial event) during 2021.

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.

About ARECA

Asia Region Casualty Actuaries (ARECA), based in Asia Pacific, is a Regional Affiliate of the Casualty Actuarial Society (“CAS”). ARECA is one of 18 CAS Regional Affiliates providing high-quality education opportunities to CAS members, candidates, students and other risk professionals across the world. For more information visit the CAS website.

Applications are due by 31 March, 2021.

Interested? Get more information and apply here!

Contact:

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 Relations Manager, at mchou@casact.org.


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