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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: From the President
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.
Why Should the CAS Exist?
At a CAS Board meeting last August, Board Member Jessica Leong posed a strategic question: “Why does the CAS exist?” Leong told the Board about author Simon Sinek’s TED Talk inspired by his book, “Start with Why.” Sinek observes how successful organizations communicate and sell themselves and believes that many organizations communicate in questions in … Read more
Social Media Discussions: My Views
Since assuming a leadership position within the CAS, I have tried to stay current on conversations about actuarial issues taking place within social media channels. As I’ve followed the conversations over the past few weeks, I’ve made note of a few issues on which I would like to share my views through the CAS’s own … Read more
Posted in Communications, From the President and tagged Actuary profession, Communication, Social Media.
Sustaining and Enhancing Value
Amid the challenges of the past year, there have been several opportunities to evaluate the CAS value proposition, that is, what we offer to our various constituents that encourages them to turn to the CAS and its members. The refreshing of the CAS Strategic Plan was the foremost opportunity to evaluate our value proposition because … Read more
Meet the CAS President: A University Student’s Interview with Gary Josephson
I was recently interviewed by a university student for his school’s actuarial science department’s newsletter. As I responded to the pointed questions about the CAS, SOA, and the future of the actuarial profession, it occurred to me that the same questions were likely on the minds of a lot of actuarial science students. So I … Read more
Posted in Exams and Admissions, From the President, Future of the Profession and tagged University Relations.
Toward a Better Understanding of the CAS Board Decision to Recognize CIA Exam Waivers for CAS Preliminary Exams
At its August 2012 meeting, the CAS Board of Directors approved the recommendation of the CAS Executive Council and the Education Policy Committee (EPC) that the CAS recognize the exam waivers granted by the Canadian Institute of Actuaries (CIA) for certain CAS preliminary examinations. This action followed the announcement by the CIA of the ten … Read more
Posted in Communications, Exams and Admissions, From the President and tagged Canadian Institute of Actuaries, CAS Basic Education.
Setting a Bold Course for the Future of the CAS
As a follow-up to my May 2012 Actuarial Review “From the President” column, I am using the CAS Roundtable to invite member input on the future of the CAS. Please read the original column (or this summary post) and provide your feedback below. As the only actuarial organization in the world exclusively devoted to property/casualty … Read more
Posted in From the President and tagged Actuarial Review.
Expanding Our Horizons
In my February 2012 Actuarial Review “From the President” column, I announced that the CAS would post a CAS Roundtable blog to solicit your views on the CAS’s geographic reach. I invite you to read the original column (or this summary post) and provide your feedback below. One of the major questions being addressed by … Read more
CAS Board Response to Members and Candidates Regarding Recent Developments
The Society of Actuaries (SOA) recently announced its intention to offer a general (property-casualty) insurance specialty track leading to Fellowship in the SOA stating that “including general insurance education will help fulfill the strategic vision for the SOA as a leading global provider of actuarial education.” The CAS Board affirms that it is the intention … Read more
Posted in From the President and tagged CAS Board of Directors.
An Open Letter Regarding the Fall 2011 CAS Exam Results
One of the primary objectives of the Casualty Actuarial Society is to establish and maintain high-quality standards for membership. The value of the CAS credential comes in large part from our offering an educational process that provides the fundamental knowledge and problem solving skills that our employers and other principals expect. The CAS learning objectives … Read more