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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CSAF Scholarship

The Central States Actuarial Forum (CSAF) will award a scholarship of $1,000 to up to two college students in the central states for the upcoming academic year.


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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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Apply for the 2019 CAGNY Scholarship

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Application deadline is April 15, 2019

OBJECTIVE:
The objective of the scholarship is to further students’ interest in the property/casualty actuarial profession and to encourage the pursuit of the Casualty Actuarial Society designations.

ELIGIBILITY:
The CAGNY Scholarship Program is available to any U.S. or Canadian citizen or holder of a permanent resident visa who is currently a full-time student at a U.S. or Canadian college or university, and will attend a U.S. or Canadian college or university as a full-time student for the 2019-2020 academic year. An applicant must have demonstrated high scholastic achievement and strong interest in pursuing an actuarial career in the property/casualty insurance industry.

Preference will be given to applicants native to the Greater New York area or attending universities in the Greater New York area.

PROCEDURE:
An application is considered complete when it includes:

  1. The CAGNY Scholarship application, along with the requested essay.
  2. The recommendation form included with this application, preferably completed by an instructor who knows the applicant well.
  3. A current official transcript.

Completed applications are due by April 15, 2019. Winners will be notified during May 2019 and will be invited to attend the CAGNY spring meeting in May in New York City.

AMOUNT OF SCHOLARSHIP:
Scholarships are awarded on the basis of individual merit. In the last several years awards have typically ranged from $1,000 to $3,000.

FOR FURTHER INFORMATION, CONTACT:
Halina Smosna
CAGNY Education Chair
Casualty Actuarial Society
4350 N. Fairfax Drive
Suite 250
Arlington, Virginia 22203

Or E-mail: CAGNY@casact.org


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Apply for the 2018-2019 Central States Actuarial Forum (CSAF) Scholarship

The Central States Actuarial Forum (CSAF) will award a scholarship of $1,000 to up to two college students in the central states for the upcoming academic year. The scholarship program’s mission is to encourage students who reside or attend school in the region to become future working members of the Casualty Actuarial Society.

The CSAF Scholarship Program is open to all college students who will be continuing as full-time students for the academic year (or half-year for December graduates) to which the scholarship will apply at a college or university in one of the following states: Colorado, Iowa, Kansas, Missouri, Nebraska, North Dakota, or South Dakota.

The selected candidate will:

  • reside or attend a college or university in one of the Central States,
  • 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.

Completed applications are due by October 31st of each year for scholarships awarded for the academic year beginning in the Fall. Winners will be notified by December 15 .

Download CSAF Scholarship Application

If you have questions or need more information, contact:

Mikey Cafarelli
Casualty Actuarial Society
4350 N. Fairfax Dr. Suite 250
Arlington, VA 22203
mcafarelli@casact.org


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CAS Spring Meeting Student Program - Group Photo

Attend CAS Student Program at the Casualty Loss Reserve Seminar in Anaheim, CA!

The Casualty Actuarial Society is offering a Student Program at this year’s Casualty Loss Reserve Seminar (CLRS) in Anaheim, CA on September 6, 2018.  Members of CAS Student Central are invited to participate in this FREE one-day program!

Attend the CAS Student Program for the opportunity to:

  • Enhance your knowledge on reserving and the property and casualty industry.
  • Network with practicing actuaries.
  • Participate in both regular seminar sessions and student-specific sessions.
  • Be mentored by CAS members, who will provide guidance on the actuarial career and help navigate the seminar while you network and attend sessions together.

If you would like to register to attend the CLRS Student Program, please contact Tamar Gertner, CAS University Engagement Manager at Tgertner@casact.org. There are a limited number of spaces, so we recommend you reach out early!

Location:
Anaheim Marriott
700 West Convention Way
Anaheim, CA 92802


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Get to Know the CAS Trust Scholarship Recipients

The CAS Trust Scholarship Committee is pleased to announce this year’s winners of the CAS Trust Scholarship: Ann Pogrebitskiy, Kristen Marshall and Adam Lathan.

Ann_Trust-ScholarshipAnn Pogrebitskiy, a junior at The University of Nebraska – Lincoln double majoring in actuarial science and finance and minoring in computer science, mathematics, and statistics, is this year’s recipient of the $10,000 CAS Trust Scholarship.

“I am incredibly honored to be selected as one of the scholarship recipients this year,” she said. Pogrebitskiy is currently interning at Cigna, within the Group Healthcare Expense Pricing sector. Her internship allows her to analyze the expense allocation factors to determine how expenses are included in group case premiums, as well as communicate with various matrix partners to learn how financial reporting currently allocates expenses. “Becoming an Actuary is no easy feat, but having the support of an organization like the CAS simplifies the process and makes a complicated career path understandable. I have worked very hard to get to where I am today, and this award means that I am heading in the right direction. I hope that winning this award inspires other young aspiring actuaries to take the chances they think are impossible.”

Marshall_Trust-ScholarshipKristen Marshall, a senior at Illinois State University working towards a major in actuarial science and a minor in risk management & insurance, has been awarded a $5,000 CAS Trust Scholarship.  “As an aspiring Fellow of the Casualty Actuarial Society, I am truly honored to be chosen as one of the recipients of the prestigious CAS Trust Scholarship. I am blown away by the generous support from the industry through scholarships, internships, and conferences that foster the next generation of leaders,” Marshall said. Senior year, Marshall will serve as Co-President of the Actuarial Club and Treasurer of Christian Business Leaders. Throughout the remainder of her college career, she will continue to gain experience through her internship at Pinnacle Actuarial Resources, where she has accepted a full-time offer after graduation. “I look forward to the opportunity to meet actuaries from across the nation at the Annual Meeting in the fall. For my senior year at Illinois State University, I am excited to help improve participation in the Actuarial Club and to pay it forward by taking the time to help younger students find their way in the competitive field of actuarial science. Finally, I would like to thank my family, co-workers, professors, and classmates who supported me in pursuing my passion.”

Adam Lathan is an actuarial science, data analytics, and information systems major, and rising junior at Drake University. He has been awarded a $5,000 CAS Trust Scholarship. “I am incredibly honored to be selected as one of the scholarship recipients this year,” Lathan said. Lathan recently completed an actuarial internship at the Iowa Farm Bureau where he contributed to the creation of automated reporting tools to be used across multiple departments, as well as worked on automation, reducing runtime by over 50%, or roughly 20 hours. Prior to his internship at the Farm Bureau, Lathan worked as a project associate at Bridge Solutions, studying historical pricing methods for microinsurance products, among other tasks. “Receiving this scholarship helps me with more than just paying for school—it gives me the confidence of knowing that there is a wealth of support and resources for aspiring actuaries like myself.”

To learn more about the CAS Trust Scholarship, and to apply for next year, be on the lookout for the 2018-2019 announcement and application! Coming soon – fall 2018.


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Announcing the Winners of the 2018 CAS Trust Scholarship

The CAS is pleased to announce the winners of the 2018 CAS Trust Scholarship. Ann Pogrebitskiy, rising junior at the University of Nebraska–Lincoln is the recipient of the $10,000 scholarship. Adam Lathan, rising junior at Drake University and Kristen Marshall, rising senior at Illinois State University, are recipients of the $5,000 scholarships.

The CAS Trust Scholarship program, funded by donations to the CAS Trust, awards up to three scholarships to deserving students annually. The scholarship’s intent is to further students’ interest in the property and casualty actuarial profession and encourage pursuit of CAS designations. Recipients are chosen by the CAS Trust Scholarship Subcommittee of the University Engagement Committee.

“The 2018 application process was extremely competitive,” commented Silvia Bach, FCAS, chair of the CAS Trust Scholarship Program. “We had a large pool of highly qualified candidates, making the selection process quite a challenge. The three awardees really impressed the committee, and we look forward to celebrating their achievements at the 2018 CAS Annual Meeting in Las Vegas, where they will be recognized!”

CAS President Brian Brown added, “The CAS is dedicated to fostering the next generation of property and casualty actuaries. With programs like the CAS Trust Scholarship, we are able to recognize and support extraordinary actuarial students who will be joining the community of property and casualty actuaries in the near future. I congratulate this year’s winners of the CAS Trust Scholarship and look forward to meeting them at our Annual Meeting.”

To learn more about the CAS Trust Scholarship visit the CAS website or contact CAS Marketing and Communications Coordinator Maha Chaudhry.


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2018 OLA Industry Travel Scholarship

The Organization of Latino Actuaries (OLA) is launching a travel scholarship program!

The scholarship sponsors candidates to attend CAS student programs held in conjunction with CAS conferences. The programs offer actuarial students the opportunity to engage with practicing actuaries and learn more about the actuarial profession and the property and casualty insurance industry. At the end of the meetings, students will attend an OLA networking event.

In order to apply, you must be a Latino actuarial candidate with at least one exam passed. Candidates who are new to OLA will be asked to submit a resume.

To learn more and apply, visit the OLA Travel Scholarship application website.

See dates and locations of upcoming CAS Student Programs:

Casualty Loss Reserve Seminar
September 6, 2018
Anaheim, CA

Annual Meeting
November 13, 2018
Las Vegas, NV


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