Actuarial Review, May-June 2019

This May-June issue includes articles on: CAS President’s Message, Relations With the Society of Actuaries; What to Do When Your Results are Challenged; A View from Silicon Valley: How To Make Good on the Insurtech Promise


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CAS Student Program at Seminar on Reinsurance in Bermuda

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The Casualty Actuarial Society is pleased to offer a FREE student program at this year’s Seminar on Reinsurance in Bermuda on June 3, 2019. University students and high school seniors are invited to participate in this one-day program! The program is geared towards students interested in learning about the reinsurance field including, but not limited to, prospective actuaries.

CAS Student Program Attendees Will:

  • Learn More About the CAS and the Reinsurance Industry
  • Connect and Network with CAS Members
  • Attend Professional Concurrent Sessions
  • Participate in Student Specific Sessions including a Career Panel

There is no cost for students to register to attend the CAS Seminar on Reinsurance Student Program; attendees are only responsible for transportation to/from the one-day event.

If you would like to register to attend the CAS Student Program, please contact CAS University Engagement Manager, Tamar Gertner, at Tgertner@casact.org, to reserve your space. There are a limited number of spaces available, therefore any students that contact us after we have reached capacity will be placed on a waiting list.

Location:
Fairmont Southampton
101 South Shore Road
Southampton SN 02, Bermuda

Time CAS Student Program – June 3, 2019
8:15 a.m. – 8:30 a.m. Registration
8:30 a.m. – 9:30 a.m. Welcome and Introduction to the CAS and P&C Industry
9:30 a.m. – 10:00 a.m. Networking Break – Meet Mentors
10:00 a.m. – 11:15 a.m. Introduction to Reinsurance
11:15 a.m. – 11:30 a.m. Refreshment Break
11:30 a.m. – 12:45 a.m. Attend Concurrent Sessions 2
12:45 p.m. – 1:45 p.m. Luncheon with Mentors
1:45 p.m. – 3:00 p.m. Attend Concurrent sessions 3
3:00 p.m. – 3:45 p.m. Career Panel
3:45 p.m. – 4:00 p.m. Group Photo and Evaluation

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CAS is Hosting a Student Program in New Orleans

The Casualty Actuarial Society is pleased to offer a FREE student program at this year’s CAS Spring Meeting in New Orleans, LA on May 21, 2019. University students interested in pursuing an actuarial career are invited to participate in this one-day program!

CAS Student Program Attendees Will:

  • Learn More About the CAS and the Property and Casualty Industry
  • Connect with CAS Members and Participate in a Speed Network Session
  • Attend Professional Concurrent Sessions and Student-Specific Sessions
  • Take Professional Headshots

There is no cost for students to register to attend the CAS Spring Meeting Student Program, attendees are only responsible for transportation to/from the one-day event.

If you would like to register to attend the CAS Spring Meeting Student Program, please contact CAS University Engagement Manager, Tamar Gertner, at Tgertner@casact.org, to reserve your space. There are a limited number of spaces available, therefore any students that contact us after we have reached capacity will be placed on a waiting list.

Time CAS Student Program Schedule – May 21, 2019
7:15 a.m. – 8:15 a.m. Registration and Professional Headshots (Optional)
8:15 a.m. – 9:15 a.m. Welcome and Introduction to the CAS and P&C Industry
9:15 a.m. – 9:45 a.m. Meet and Network with Mentors
9:45 a.m. – 11:00 a.m. Attend Concurrent Session with Mentors
11:15 a.m.  –  12:15 p.m. Career Panel
12:30 p.m. – 1:30 p.m. Luncheon with Mentors
1:30 p.m.  –  2:30 p.m. Speed Networking
2:45 p.m. – 3:30 p.m. Interactive Insurance Session
3:30 p.m. – 4:00 p.m. Closing: Group Photo, Evaluations, Wrap-Up

 

Location:

Hyatt Regency New Orleans
601 Loyola Avenue
New Orleans, Louisiana 70113


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Getting Involved Outside of Your University By Attending Insurance Conferences

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Do you ever want to travel to cool places around the country? Do you want to meet and network with actuarial students from other universities? Do you want the opportunity to learn about insurance from seasoned industry professionals? If you answered yes to any of these questions, you should keep reading to learn about some of the experiences we’ve had at insurance conferences throughout the United States.


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Register for CAS Student Central Webinar: A Day in the Life of a P&C Actuary

Registration Now Open for CAS Student Central Webinar: A Day in the Life of a P&C Actuary

The CAS is hosting a webinar for Student Central members entitled, “A Day in the Life of a Property and Casualty Actuary.” The one-hour webinar will take place on May 2 at 3 p.m. ET and will feature speakers with significant actuarial experience.

Agenda

  • What a workday looks like for entry-level ratemaking and reserving actuaries
  • Similarities and differences between working at a consulting company vs. an insurance company
  • Detailed ratemaking and reserving examples to illustrate for students the types of real-life projects they can expect to encounter on the job
  • Opportunity for Q&A

Online Registration

Registration is free and open to CAS Student Central Members. Not yet a member? Sign up today!

Presenters

  • Timothy Vosicky, FCAS, MAAA, Consulting Actuary, Milliman
    Tim is a Consulting Actuary in Milliman’s Chicago office. His clients include large deductible and self-insured corporations, local and national healthcare providers and public entities. His primary focus is in workers’ compensation, general liability, commercial auto liability and medical professional liability but has also worked with warranty, asbestos, E&O and property. Tim earned a B.S. in Actuarial Science from the University of Illinois at Urbana-Champaign in 2010, and he’s a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries. He also serves on the Casualty Actuarial Society’s Exam Committee.
  • Richard Moncher, FCAS, MAAA, Director – Pricing, USAA
    Rich leads Property Pricing’s Northeast Region for USAA, where he’s responsible for rate adequacy and equity for Homeowners, Renters and Rental Property Insurance.Prior to joining USAA, Rich led Farmers Personal Lines Actuarial Team and prior to that, he led Bristol West’s Actuarial Team. In both of those roles, Rich had responsibilities for pricing, reserving and modeling, especially streamlining and enhancing those processes. He also expanded profitability and reserving analyses to additional states, products, companies, channels and LOBs. Prior to Bristol West, Rich projected IBNR reserves for workers compensation residual markets and coordinated, presented and defended state filings at NCCI.  Prior to NCCI, Rich priced specialty lines insurance and reserved for loss, LAE, dividends, audit and retrospective premiums at the Hartford.

    Rich earned a B.S. in Mathematics from Penn State, and he’s a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.


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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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