News Type: News

Register Now for the Spring CAS Student Central Webinar: Risk in Flames: Navigating the Impact of Wildfires in the Property and Casualty Insurance Industry

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Join CAS Student Central on April 30 at 2pm ET for an enlightening one-hour session that delves into the dynamic landscape of the Property and Casualty Insurance Industry amidst the growing threat of wildfires. As climate change intensifies, so does the frequency and severity of wildfires, posing unprecedented challenges for insurers. This session will explore the evolving risks and innovative insurance solutions designed to navigate the complex impact of wildfires. Don’t miss this opportunity to stay ahead in understanding and addressing the fiery challenges reshaping the insurance landscape.

Register Now

Meet the Presenters

Kathryn Koch, FCAS, MAAA

Katie is a Vice President and Principal at Lewis & Ellis. She has a diverse background of experience through her over 20 years of actuarial work experience in regulatory, insurance company and consulting environments.  Katie develops unpaid claim liability estimates in her roles as appointed actuary, audit actuary, self-insured actuary and examination actuary.  As a regulatory actuary, Katie has been responsible for reviewing property and casualty insurance rate filings for both personal and commercial lines as well as working on insurance fund adequacy and company solvency. Additionally, Katie currently serves as the Chair of the CAS Trust Scholarship Task Force and is a CAS University Liaison.

Ken Williams, FCAS, MAAA

Ken is a Staff Actuary of the Casualty Actuarial Society, a leading international organization for credentialing and professional education of actuaries. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 10,000 members worldwide.

In his work with the CAS, Ken is a frequent author and presenter on a variety of actuarial subjects.

Prior to joining the CAS, Ken spent 26 years working in the insurance industry in a variety of actuarial practice areas, including pricing, loss reserve analysis, budgeting, and enterprise risk management.

Ken was a lecturer in the Mathematics department at Illinois State University for over 20 years. He holds a BS in Actuarial Science from Purdue University and is both a Fellow of the Casualty Actuarial Society (FCAS), and a member of the American Academy of Actuaries (MAAA).

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CAS Spring Student Conference in Toronto – Register Now!

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The Casualty Actuarial Society is thrilled to offer another free student conference at this year’s CAS Spring Meeting! The CAS Student Conference is a unique opportunity for students to learn about the actuarial profession, meet industry leaders, and expand their networks. Taking place in Toronto on May 6, 2025, this one-day event is ideal for university students interested in P&C actuarial work.

Throughout the day, CAS Student Conference attendees will:

  • Meet with practicing actuaries who can offer career guidance, share industry insights, and answer questions about the profession.
  • Network and engage with fellow students and practicing actuaries, building meaningful connections to support their career growth.
  • Attend professional sessions tailored specifically to students.
  • Take advantage of opportunities like a free professional headshot session.

Members of CAS Student Central can register here to attend the conference. Students who are not yet members of CAS Student Central can easily make an account by following these instructions.

There is no cost for students to register to attend the CAS Student Conference at the CAS Spring Meeting. However, attendees are responsible for any travel costs incurred, including transportation and lodging.

Conference Agenda

Time Activity
9:15-9:30 a.m. Registration
9:30-9:45 a.m. Meet and Greet with Travelers Actuaries
9:45-10:45 a.m. Welcome and Introduction to the CAS
10:45-11:00 a.m. Break and Transition
11:00-11:45 a.m. Case Study – Predictive Modeling
11:45 a.m.-12:15 p.m. Professional Headshots
12:15-1:30 p.m. Lunch and Speed-Networking with Mentors
1:30-1:45 p.m. Break and Transition
1:45-2:45 p.m. Bias Measurement and Mitigation in Insurance Pricing – Concurrent Session
2:45-3:15 p.m. Break with Spring Meeting Exhibitors
3:15-3:30 p.m. Break and Transition
3:30-4:30 p.m. Exploring the Quantitative Analysis of Gambling and the Parallels to Insurance
4:30-4:45 p.m. Wrap-Up and Group Picture

If you have any questions, please contact the CAS Student Engagement Coordinator, Meredith Burke, at MBurke@casact.org.

REGISTER NOW!

The 2025 CAS Spring Meeting will be held at the Fairmont Royal York. Please find the full address details below:

Fairmont Royal York
100 Front St W
Toronto, Ontario M5J 1E3

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Apply Now for the 2025 CAS Student Central Summer Program!

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The CAS is now accepting applications for the 2025 Student Central Summer Program! Developed by practicing actuaries, this program is offered in three different formats: the mentor-led program, the East Asia program, and the self-paced option. All three programs are designed to help university students advance their careers through technical and soft skill development.

Mentorship and networking opportunities are additional benefits offered through the mentor-led and East Asia programs.

2025 Mentor-Led Program Details

This eight-week program will run from Monday, June 9 to Friday, August 1. Over the course of eight weeks, participants will gain:

  • Technical Expertise: Deep dive into property and casualty actuarial topics — including pricing, reserving, and data visualization — through engaging weekly modules.
  • Professional Mentorship: Weekly sessions with experienced actuaries who will guide your learning and career growth.
  • Soft Skills Development: Enhance your resume, interview techniques, and professional communication.
  • Real-World Experience: Collaborate in a team-based case competition, addressing a real-life actuarial problem with prizes for winning teams.

Participants will spend approximately 10 to 15 hours a week participating in the program and are expected to attend the program in its eight-week entirety. Presentations and materials will be in English. Successful participants will earn a digital badge from the CAS to showcase their achievement.

What Past Participants Say:

“I thoroughly enjoyed the weekly mentor sessions with my wonderful cohort mates and mentors. I had so much fun sharing and conversing with them about the P&C Insurance industry and gained valuable, which will definitely propel me forward as an Actuary.”

“The CAS Student Central Summer Program was nothing short of a unique and high-quality experience where I got the opportunity to engage in webinars and assignments regarding the topics of Property and Casualty basics – Excel, Data Visualization, Ratemaking, Reserving, Predictive Modeling, and soft skills!”

Who Should Apply?

The program is geared towards university students who are interested in gaining actuarial experience and knowledge of the property and casualty insurance industry. We particularly encourage applications from:

  • Students Without a Summer Internship: If you haven’t secured an internship for the summer of 2025, this program offers a valuable opportunity to gain practical experience.
  • Students from Non-Actuarial Programs or Those in Actuarial Programs with Limited P&C Exposure: If your school doesn’t offer a dedicated actuarial science program—or if your current curriculum provides limited exposure to property and casualty topics—this program bridges the gap through hands-on learning and real-world applications.

Application Information

Students who are interested should submit their application form by Friday, April 11, at 11:59pm EST. Please note, we require one recommendation submitted within the application for the Mentor-Led program.

Applicants will be notified no later than Monday, May 5, regarding the status of their application.

East Asia Summer Program

If you are located in Australia, Mainland China, Hong Kong, Indonesia, Japan, Malaysia, Mongolia, Nepal, Philippines, Singapore, South Korea, Taiwan, Thailand, or Vietnam, please apply to the East Asia Summer Program

The East Asia Summer Program is specially designed for students in the region. It runs for five weeks, from July 6 to August 9. The program covers key general insurance concepts, including pricing, reserving, predicative analytics, reinsurance, IFRS-17, Insurtech, and more.

For more information and application, please visit: CAS Student Central East Asia Summer Program.

Self-Paced Option

For those with limited availability, the CAS Student Central Independent Summer Program is also available. This self-paced alternative runs from June 23 to August 1 and covers the same materials, excluding the case competition and weekly mentor discussions. Interested applicants should complete the CAS Student Central Mentor-led Summer Program application form. Please note that a recommendation is not required for the Independent Summer Program.

The CAS is committed to providing universal access to all of our programs. Any accommodation requests can be submitted during the program enrollment process once admissions notifications have been circulated.

Questions? Please email us at StudentPrograms@casact.org.

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Attention First-Time CAS Student Central Exam Takers

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We are pleased to inform you that registration for CAS exams is now open in the CAS Portal for all students and candidates. Please follow the instructions below to complete your exam registration. As always, full-time students who are members of CAS Student Central are eligible to receive discounts on their CAS exam registration.

Step 1: Log into the New CAS Portal System 

  • Upon first login, you will be prompted to:
    • Reset your password using your existing system email
    • Set up multi-factor authentication
    • Update your personal and professional profile
  • Please refer to the First-Time Login Instructions for assistance with these tasks.
  • To update your profile, you must go screen by screen in order and hit “Update or Confirm” in each section until you see “Profile Update Successful” before completing other transactions.
  • We recommend setting aside 15 minutes to complete this initial setup process.
  • You must include TWO phone numbers when updating your profile in order to go through the exam registration process. If you do not include at least two phone numbers, your file will not be transferred to Pearson VUE.

Step 2: Register for Your Exam  

  • After logging in and completing the setup, you may register for your exam by returning to the home screen and going to the “Register for an Exam” button under “Administrations” in the bottom right-hand corner.

Step 3: Schedule Your Sitting with Pearson VUE 

  • After successfully registering for your exam in the CAS Portal, you will receive an Authorization to Test (ATT) email from Pearson VUE within 5 days. Candidates requesting exam accommodations or holiday extensions may experience a slight adjustment to this timeframe as their requests are reviewed. Once you receive the ATT email, you will need to login to your Pearson VUE account though the CAS Portal. Follow the instructions provided for selecting a date and time with Pearson VUE.

Important Notes: 

  • After you click on “Register for an Exam” you will be asked whether you are requesting exam accommodations and prompted to enter the necessary information. We are asking all candidates requesting accommodations to upload their necessary medical documentation for the first time registering with our new CAS Portal regardless of past accommodations granted. If you are unable to provide your medical documentation, please contact accommodations@casact.org.
  • Registration will remain open until the official exam registration closing date (March 25, 2025 at 11:59 pm ET).
  • If you encounter any issues or have questions, please refer to the CAS Portal FAQ or contact the CAS Administrative and Customer Support Department at acs@casact.org.

Thank you,

Casualty Actuarial Society

 

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Inspiring Future Actuaries: CAS and Insurance Careers Month

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The Casualty Actuarial Society (CAS) is pleased to join the industry-wide celebration of the tenth annual Insurance Careers Month (ICM)! This initiative aims to inspire young professionals to consider careers in insurance, highlighting the industry’s unique benefits and limitless opportunities.

As part of our commitment to cultivating the next generation of actuaries, we will be featuring profiles of CAS members and candidates, sharing their career advice, insights, and personal contributions to the insurance industry. The profiles will be available on the CAS Student Central website  and across our CAS social media platforms.

We will also be posting throughout the month based on the following weekly themes:

  • February 3 – February 9: Rewarding Careers
  • February 10 – February 16: Limitless Opportunities
  • February 17 – February 23: Purpose-Driven Impact
  • February 24 – February 28: Strong Industry

Interested in being featured for ICM? Please contact our Student Engagement Coordinator, Meredith Burke, at MBurke@casact.org.

Make sure to keep up with us throughout the month of February on our social media platforms, as well as following the ICM hashtags #InsuranceCareersMonth and #ICM2025.

To learn more about this campaign, visit the Insurance Careers Month website.

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Important Announcement for the April/May 2025 Exam Registration Window

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Candidates: Please ensure that you register for your April/May 2025 Exam only within your designated registration window. Attempts to register outside of your assigned window will be canceled. Registering outside of your window violates #17 of the Exam Discipline Policy and may result in referral to the Disciplinary Committee for further action, which could include disqualification.

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Watch Now! CAS Student Central Webinar:  Introduction to Property & Casualty Pricing

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Explore the fundamentals of Property & Casualty Pricing in the recently recorded CAS Student Central Webinar! This session introduces key terminology and walks you through a simplified insurance scenario of pricing a Mobile Device Warranty. Discover answers to essential questions like, “Why do we buy insurance?” and “What factors determine the right charge for insurance coverage?” Plus, learn why understanding different segments of risk is crucial for creating an effective pricing structure. Don’t miss this opportunity to deepen your knowledge—watch the recording now!

Watch Now!

Not yet a member of CAS Student Central? Join this free membership program today and access the CAS Student Central Webinar Library!

Meet the Presenter

Ken Williams is a Staff Actuary of the Casualty Actuarial Society, a leading international organization for credentialing and professional education of actuaries. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 10,000 members worldwide.

In his work with the CAS, Ken is a frequent author and presenter on a variety of actuarial subjects.

Prior to joining the CAS, Ken spent 26 years working in the insurance industry in a variety of actuarial practice areas, including pricing, loss reserve analysis, budgeting, and enterprise risk management.

Ken was a lecturer in the Mathematics department at Illinois State University for over 20 years. He holds a BS in Actuarial Science from Purdue University and is both a Fellow of the Casualty Actuarial Society (FCAS), and a member of the American Academy of Actuaries (MAAA).

 

 

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2025 CAS Trust Scholarship

Apply for the 2025-2026 CAS Trust Scholarship!

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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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Fifth CAS Student Central Summer Program Completed!

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The CAS is excited to announce the completion of the fifth Student Central Summer Program, with students from over 32 countries participating worldwide across three different summer program models. This year, we are thrilled to award certificates to a record number of graduates, totaling 473 graduates between the Mentor-led, Independent, and East Asia Summer Programs.  

Mentor-led & Independent Summer Programs 

The CAS Student Central Summer Program was established at the start of the global pandemic in 2020, to help bridge the experience gap for students whose internships were abruptly canceled. As the program has developed over the past several years, it has evolved into one that seeks to expand a diverse pool of students’ knowledge of the Property and Casualty actuarial profession. The activities students participated in over the past couple months include:   

  • Weekly modules that consisted of webinars and exercises on P&C actuarial topics, including pricing, reserving, data visualization, and more 
  • Connecting and networking with practicing actuaries serving as mentors to a cohort of students, helping them navigate the program content while providing real-world insights and examples. 
  • Working with their cohort members on a homeowners’ insurance pricing case study and presenting their research to professionals in a case competition. 

As part of the Mentor-led program, 24 student cohorts competed against one another in the end of program case competition. Congratulations again cohorts 2, 5, 12, 16, and 18 for winning their panels based on their presentation skills, technical analysis, and business knowledge.  

Additionally, we are pleased to announce that over 40 outstanding students from the Mentor-led Summer Program have been accepted into the CAS Student Central Scholars Program. This program provides high-achieving students from the summer program with the opportunity to continue their engagement with the CAS throughout the next academic year, offering networking events, access to actuarial study resources, extended mentorship, and more. We look forward to welcoming the upcoming class of CAS Student Central Scholars.  

The CAS also hosts an Independent Summer Program, providing participants the opportunity to learn the same actuarial subjects over the course of six weeks at their own pace. This summer, we offered a Discord server as a medium for students to connect and network with one another. This was also our largest program of the summer, with over 250 graduates worldwide at its completion. 

East Asia Summer Program 

Last summer, the CAS launched our newest summer program iteration with the East Asia Summer Program. With nearly 400 students from nine different countries applying to participate in this summer’s program, word has spread quickly about the benefits of participating in this unique educational opportunity. This program brings together actuarial science students in East Asia with successful CAS members working in their region to share about the general insurance profession in the local context.  

Students participated in the five-week course, which consisted of a combination of live sessions involving lectures and office hours with CAS members, as well as a team-based data analytics case competition. This year 86 students successfully fulfilled the program requirements to earn a certificate for their participation in the 2024 East Asia Summer Program. 

We would like to congratulate all participants of the Mentor-led, Independent, and East Asia Summer Programs for earning their badges of completion! We commend you for the hard work and dedication you have all demonstrated over the past several weeks.  

To our Dedicated Volunteers 

We also want to extend our sincere gratitude to the over 50 dedicated members who volunteered their time and expertise throughout the 2024 Summer Program. These practicing actuaries served as mentors, speakers, case competition judges, and more, providing invaluable support to ensure the success of this year’s program. 

Their commitment to guiding the next generation of actuaries goes beyond enriching our students’ experience, sustaining the program’s initiative each year. Without our hardworking community of practicing members and volunteers, the CAS Student Central Summer Program would not be the robust learning experience that it is today. We are incredibly thankful for their ongoing support and tireless efforts in making a lasting impact on future actuaries.  

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