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.
- The Future of Credentialing for Catastrophe Risk
- 2019 CAS Spring Meeting: President’s Perspective
- Publishing Research Through the CAS
- What is CAS Student Central and How Can it Benefit Your Future Employees?
- Rating Variables, Educative Statements, and the I.I.I.
Category Archives: Future of the Profession
The first High School Actuarial Day was held on April 18 at DePaul University in Chicago, led by the CAS. Our goal was to expose high school students of color to the actuarial profession. We partnered with DePaul and were joined by the SOA, The Actuarial Foundation, the International Association of Black Actuaries, the Organization of … Read more
Podcasts are the most effective educational innovation since the printing press. That’s big talk! Formal learning channels teach you a lot but nothing matches the power of a good conversation for realizing the deepest insights. How many of us are fortunate enough to spend time with superstars? Podcasts are full of awesome people in exactly … Read more
Strategic Planning in a World of Constant Change: The More Things Change, the More They Stay the Same
This blog post is based on the “From the President” column in the January/February 2017 issue of the Actuarial Review. We are posting it here in an effort to solicit member comments on issues that will affect our refreshed Strategic Plan. We welcome you to leave a comment below. I am looking forward to the … Read more
In the 1990s, we wondered how actuaries would preserve their market value when competing with product managers. In the 2000s, some wondered if CFAs would encroach upon our territory. Others viewed the SOA general insurance track as a danger. Today, data scientists are our newest “threat.” There are two fundamental facts to keep in mind. … Read more
The United States presidential election is upon us. As an actuary, I find statistics interesting and recently read that voter turnout rates for U.S. presidential elections has been between 50-60 percent over the past decade. In comparison, here at the CAS, only around one-third of all eligible voters cast a ballot when CAS election season … Read more
In my address to new members at the 2016 Spring Meeting, I offered three emerging trends that new members should consider as they pursue future career opportunities. Disruption in our industry will continue and will do so at an exponential pace. Some of these disruptions will take the form of technology firms entering the insurance … Read more
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
Should property-casualty actuarial science be considered an engineering specialty? Thanks to the Internet of Things (IoT) revolution, there are compelling reasons to consider aligning ourselves with engineers. According to Wikipedia, the Internet of Things is “the network of physical objects or ‘things’ embedded with electronics, software, sensors and network connectivity, which enables these objects to … Read more
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
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