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About CAS
The Casualty Actuarial Society is a professional organization whose purpose is the advancement of the body of knowledge of actuarial science applied to property, casualty, and similar risk exposures.
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Category Archives: Communications
International Picnic Day – More than Your Picnic Basket May Be at Risk
This Saturday marks International Picnic Day! Celebrated around the world, June 18 is the day that people take their food and eat outside, enjoying the fresh air, beautiful sun, and…swarm of insects. Some claim the original concept of a picnic dates back to outdoor medieval feasts held by the nobility. Others assert that picnics came … Read more
Posted in Communications, Risk Management and tagged Food risk, International Picnic Day, Picnic, workers compensation.
The Staff Actuary’s Blog: The CAS Institute
Not surprisingly, one of the many things I’m helping with, in my month-old position as CAS Staff Actuary, is the development of The CAS Institute and its credentialing programs, beginning with a data science and predictive analytics credential. This is an initiative for which I was delighted to have cast an approving vote last year … Read more
Posted in Communications, Future of the Profession, Risk Management and tagged CAS Institute, icas, predictive analytics, professional education, Value at Risk.
Join the Live Stream Event during the RPM Seminar
The Planning Committee for the Seminar on Ratemaking and Product Management (RPM) is excited about providing a live streaming option on Tuesday, March 15, for the RPM seminar. This option provides our members with an additional way to receive CAS Continuing Education Credits in an interactive way, even while being offsite. In addition to the … Read more
Posted in Communications and tagged CAS Continuing Education, Enterprise Risk Management, RPM Seminar.
The CAS University Award Program: Celebrating Property and Casualty Achievement
When I was an undergraduate actuarial student at the University of Michigan in the early 1990’s, I didn’t realize that property and casualty actuarial work existed separate and distinct from the life insurance field. In fact, it was the first day of my actuarial internship, the summer before my senior year in college, when I discovered … Read more
New CAS Institute to Offer Specialty Credentials
As I announced on November 16 at the CAS Annual Meeting in Philadelphia, during the CAS Board of Directors meeting held on November 15, the Board unanimously approved the formation of The CAS Institute, which will provide credentialing and professional education for technical quantitative specialists whose work often overlaps and supports that of actuaries. The … Read more
Access Resources to Advance Your Technical Skills
Big Data has officially arrived, and it’s changing the way business works, including actuarial science, wrote David Zornek, an actuarial consultant at Oliver Wyman, in the most recent issue of the Actuarial Review. Zornek, who is also a candidate representative to the CAS Candidate Liaison Committee, highlighted a variety of resources that actuaries can use … Read more
#CAStyourballot – Vote in the CAS Elections
Did you know: Only one-third of all eligible voters cast a ballot each year in the CAS elections? This year, with only two weeks to go, just 20% have voted. As an organization, I am confident that we can do better. And I know our voters like a good challenge. After all, we all took … Read more
Posted in Communications, Future of the Profession and tagged actuary, Actuary profession, CAS, CAS Board of Directors, CAS Elections, Casualty Actuarial Society.
Considerations for the Casualty Actuarial Profession in 2015
Thanks to all who posted comments about challenges over the last year. For review of the many responses that showed up on the CAS website I recommend you view the CAS Risk Management Committee’s (RMC) two previous blog posts: Challenges to the Actuarial Profession in 2014 and Threats to the Actuarial Profession (written in 2012). … Read more
Posted in Communications, Future of the Profession, Risk Management and tagged actuary, Actuary Job, CAS, Casualty Actuarial Society, Data Scientist, Risk Management.
U.S. Wins Math Olympiad for First Time in 21 Years – Team Proudly Supported by the CAS
For the first time in 21 years, the United States won one of the most intensive math competitions in the world, the International Mathematical Olympiad (IMO). Teams of high school students from over 100 countries and seven continents participated in the 56th annual competition, held in Chiang Mai, Thailand. Over two days in July, a … Read more
Collaboration with Competitors — What Do We Stand to Gain? What Might We Lose?
Whether we like it or not, the environment for the Casualty Actuarial Society and its members is changing. One might paint different pictures of these environmental changes. One picture might be a major paradigm shift for the CAS that drives innovation and excellence. Another picture might be an evolution of our actuarial profession and the … Read more
Posted in Communications, From the President and tagged actuarial community, Actuarial Review, actuary, Analytics, Big Data, CAS, Casualty Actuarial Society, collaboration, Competition, data analytics, data science.