Category: Awards

Apply for the 2024 Midwestern Actuarial Forum (MAF) Scholarship

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OBJECTIVE:

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

AMOUNT OF SCHOLARSHIP:

Scholarships are awarded on the basis of individual merit. The MAF Scholarship Program will award up to three scholarships to deserving students for the 2024-2025 academic year. Award winners will receive a $2,500 scholarship.

Eligibility – You must meet all requirements to be considered

  • Must submit all sections of the MAF Scholarship application by September 6, 2024.
  • Currently attending a U.S. college or university as a full-time student.
  • Applicants must have sat for at least one actuarial exam by July of 2024.
  • Must be a member of CAS Student Central.
    • Join here for free: CASStudentCentral.org
  • Preference will be given to residents or those attending schools in one of the Midwest States (Illinois, Indiana, Iowa, Michigan, Minnesota, Ohio, or Wisconsin).
  • Applicants should demonstrate high scholastic achievement and strong interest in the casualty actuarial profession, mathematical aptitude, and communications skills.

You must submit:

The four-page MAF Scholarship application and attached essay.

Letter of Recommendation – OPTIONAL

One letter of recommendation may be included along with this application, preferably completed by internship supervisors, instructors, and/or advisers at your educational institution who know you well. However, this is not required.

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

Completed applications are due to MidwesternActuarialForum@gmail.com by September 6, 2024. You will be notified of award decisions by September 13, 2024.

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Students and Actuarial Candidates Invited to Apply for a 2019 OLA Travel Award to Attend an Upcoming Conference!

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The Organization of Latino Actuaries (OLA) will be sending students and actuarial candidates to four events this year. Students are invited to apply through OLA’s website. Dates below are inclusive of travel days.

OLA will cover the following costs: Air Travel, Lodging, and registration fees. Some meals will be provided.

At each event, an OLA board member will attend the conference with you, providing a direct link to their actuarial and industry network. These events will allow you to learn more about the insurance industry and give you an opportunity to speak to a number of different actuaries about their work. ALPFA and GIS also have career fairs as part of their conference.

This is one application for all 4 events – the deadlines for each one are listed below.

SOA Health Meeting

June 23-25, 2019
Phoenix, AZ
Deadline: May 31, 2019
Winners will be notified by June 7, 2019

The Health Meeting is an annual meeting for actuaries practicing in health insurance, and has attendance of about 1,000 actuaries. You will have the opportunity to network with OLA students, members and leaders. You will attend the Candidate Connect Day that the SOA plans for students; and have an opportunity to network with actuaries at this conference.

ALPFA – Association of Latino Professionals for America

August 2-6, 2019
Nashville, TN
Deadline: June 15, 2019
Winners will be notified by July 2, 2019

The ALPFA conference has over 50 companies in attendance, including about 10 from the insurance industry.

At the ALPFA convention you will attend workshops hosted by different companies. There will also be opportunities to network with individuals at those companies as well as Latinos working in other industries. Companies are interviewing for internship and full time positions for 2020.

CAS Casualty Loss Reserving Seminar (CLRS)

September 16-18, 2019
Austin, TX
Deadline: August 15, 2019
Winners will be notified by August 28, 2019

CLRS is a conference for actuaries whose main work is setting reserves for insurance liabilities. The attendance is around 500 actuaries. You will have the opportunity to network with OLA students, members and leaders. You will attend the Student Day that the CAS plans for students; and have an opportunity to network with actuaries at this conference.

GIS – Gamma Iota Sigma

September 25-28, 2019
Dallas, TX
Deadline: August 15, 2019
Winners will be notified by August 28, 2019

GIS is a Risk Management fraternity that is tied very closely to the insurance industry. You will attend workshops on a number of topics aimed at college students. You will network with actuaries attending the conference, and be able to participate in the career fair – where companies are recruiting for internships and full time positions for 2020. In 2018, there were over 20 companies that hire entry level actuaries.

Application Available on OLA’s Website

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Arizona State University’s GIS Chapter Hosts CAS Case Competition with Brigham Young University!

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Reprinted with permission from Arizona State University (ASU). Written by Kinsey Turk, a sophomore and CAS Student Ambassador at ASU. Original version available online.

The Gamma Iota Sigma Kappa Chapter at ASU (GIS @ ASU) hosted its 4th Annual Casualty Actuarial Society (CAS) Case Study Competition on March 18. Unlike past events where ASU teams competed against only one another, this year ASU’s two teams competed against special guests from Brigham Young University (BYU). The BYU faculty and two student teams made the 10-hour trip down to Tempe to participate in the exciting case study and network with students and faculty from ASU.

The focus of the CAS Case Study was to utilize Microsoft Excel to present information to a panel of judges about a commercial property book of business in catastrophe-prone areas. Some of the challenges included cleaning spotty data, creating a dynamic underwriting report, and finding creative and clear ways to present vast amounts of data. Each of the four teams had a unique and fresh take on the data and provided fantastic graphics. After all of the talented groups presented, the panel of judges deliberated and chose the winning team: BYU’s team consisting of Brandon Allen, Jason Colgrove, Courtney Jolley, Abby Walker, and Cason Wight. Along with the prestige of winning, the team was awarded $2,500, generously provided jointly by the ASU School of Mathematical and Statistical Sciences and the CAS.

Aside from the amazing work each of the students contributed to their presentations, the night was an excellent opportunity for fellow actuarial science students and faculty to mingle while building connections across state lines. Interacting with outside universities is a rare and gratifying experience for all involved and made the CAS Case Study an absolute success. GIS @ ASU would like to thank the panel of judges for taking the time to volunteer and BYU for journeying out to Arizona to participate in the competition. GIS @ ASU is looking forward to having a potential rematch in the coming year and to further connect with students in the actuarial science field in the Southwest.

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2019 CAS University Award Program – Now Accepting Applications

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At the CAS, we’re passionate about the unique role that universities play in advancing the body of knowledge of actuarial science, especially within property and casualty insurance.  We are pleased to announce that the CAS is now accepting applications for the 2019 CAS University Award Program. The program, now in its fourth year, will recognize colleges and universities that excel in exposing students to the property and casualty insurance industry in innovative ways, with a focus on Curriculum, Research, or Engagement.

The CAS University Award Program promotes and celebrates the award winners, and facilitates the sharing of ideas within the academic community. Up to three schools will be honored through the CAS University Award Program. The winning schools will each receive substantial recognition, such as on the CAS website and in a press release, as well as a monetary award of $5,000 to further enhance their programs.

The application deadline is March 15, 2019 and winners will be announced by June 1, 2019.

We are seeking applications from schools that demonstrate innovation in exposing students to property and casualty topics in any of the following focus areas:

  • Curriculum: Innovative classes or coursework offered that facilitate the understanding of property and casualty insurance topics.
  • Research: Production of research in the field of property and casualty insurance; innovative opportunities to pursue property and casualty research.
  • Engagement: Unique ways of fostering connections to the property and casualty industry through events or partnerships with property and casualty employers and organizations. 

These are just a few examples of ways that schools can demonstrate their commitment to enhancing education and research in the property and casualty insurance industry. Applicants are welcome to provide examples outside of those outlined. Additionally, applicants do not need to demonstrate innovation in every one of the focus areas. Our 2018 CAS University Award Program winners included Arizona State University, Renmin University of China, and The University of Texas at Austin.

Application Instructions:
Applicants can access the 2019 CAS University Award Program Application Form online using their CAS login/password credentials. Applicants requiring CAS login credentials should contact Tamar Gertner, CAS University Engagement Manager for assistance.

CAS University Award Program Timeline 
Application Deadline: March 15, 2019
Announcement of Winners: June 1, 2019
Recognition at CAS Annual Meeting in Hawaii: November 10-13, 2019

Please direct questions about the CAS University Award Program to Tamar Gertner, CAS University Engagement Manager, at Tgertner@casact.org.

The CAS University Engagement Committee has implemented a three year waiting period before winners of the CAS University Award may reapply for the award. See complete list of winners from previous years.

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Apply for the 2019-2020 CAS Trust Scholarship

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The Casualty Actuarial Society is accepting applications for its scholarship program for college students pursuing a career in actuarial science. The CAS Trust Scholarship Program, funded by donations to the CAS Trust, will award up to three scholarships to deserving students for the 2019-2020 academic year. One recipient will receive a $10,000 scholarship. Two other recipients, if chosen, will each be award a $5,000 scholarship.

To apply online, please visit the CAS Trust Scholarship Program website.

Applicant Eligibility Requirements:

  • Must submit all sections of the CAS Trust Scholarship application by January 31, 2019
  • Currently attending a U.S. or Canadian college or university as a full-time student and continuing as a full time student at a U.S. or Canadian college or university in the 2019-2020 academic year
  • Applicants must plan to sit for at least one actuarial exam by March 31, 2019
  • Applicants should demonstrate high scholastic achievement and strong interest in the casualty actuarial profession, mathematical aptitude, and communication skills.

Application Details:

  • The online CAS Trust Scholarship application and attached essay.
  • The 2 recommendation letters included in this application, preferably completed by internship supervisors, instructors and/or advisors at your educational institution who know you well. Only 2 recommendation letters will be considered.
  • A current official transcript.

Please upload your official transcripts directly to the CAS Trust Scholarship application.

If you have questions or need more information, contact:

CAS Trust Scholarship Coordinator – Maha Chaudhry
Mchaudhry@casact.org

Completed applications are due by January 31, 2019. Winners will be notified of award decisions by May 17, 2019.

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Apply for the 2018 CAGNY Scholarship

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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 2018-2019 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, 2018. Applications are available from CAGNY or online at the CAGNY website at http://www.casact.org/community/affiliates/cagny/. Winners will be notified during May 2018 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:
Jason Pessel
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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