Category Archives: Future of the Profession

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 »

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 »

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 »

Driving Innovation: The CAS Accelerator

My agenda for the CAS has been focused on our future and living up to the aspirations of our current and future members, and our various supporters and constituents. We certainly have challenges: We work in an environment that is questioning traditional business models, is experimenting with new and transformative technologies, and is redefining the … Read more »

Wanted: Actuary with Predictive Modeling Experience

Does your actuarial training make you attractive to employers looking for someone to join their predictive analytics team? Why would they hire you over, say, a PhD in statistics? This was an important question for me personally, as I was looking to break into the world of predictive analytics. And yes! Success! I’m 6 months … Read more »

Three Modern-World Risks That Will Invigorate the P&C Insurance Industry

It’s an exciting time to be a property and casualty actuary. More and more new technologies are emerging, creating an ever-changing landscape in the insurance industry. A feature story in the latest issue of the Actuarial Review, “The Risks Around the Corner,” explains the effects that evolving technology has on the insurance industry and the … Read more »

What are Your Highlights from the CAS Centennial Celebration and Annual Meeting?

As the CAS moves forward in its Centennial year to address the many challenges that lie ahead, I want to take a moment to reflect on the kick-off to the year – the Centennial Celebration and Annual Meeting held last month in New York City. The Centennial Committees who put together the event did a … Read more »

How to Run for the Board of the CAS if You are Young and Unafraid

I think that we need more young people on the Board of the CAS. The Board demographics should mimic the membership demographics – after all, we are representing you, and your point of view. We have a lot of young members, never mind our other large body of stakeholders: our candidates. This isn’t reflected at … Read more »