Month: September 2024

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.