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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: Future of the Profession
CAS’ Continuing Diversity Efforts
Led by the CAS Diversity Committee, the CAS continues to ramp up efforts to promote diversity and inclusion within the actuarial profession. Last year, we organized or supported a number of signature events, such as: Our general session on diversity and inclusion (D&I) at the 2018 Spring Meeting, Presentations by the International Association of Black … Read more
Posted in Diversity, Future of the Profession.
Are You Qualified?
Earning the ACAS designation is a great accomplishment. Your college education, hundreds of hours of studying, and maybe a little exam luck have earned you a valuable accreditation for work in insurance and other industries. The question you should now ask yourself is “What does a CAS designation allow me to do?” If you work … Read more
Overcoming the Insurance Talent Gap
You’ve likely heard about the talent gap facing the insurance industry. The gap was detailed in a 2018 report by the Bureau of Labor Statistics; it found that there would be over 200,000 open positions in the industry by 2022 due to an aging workforce. Since that time, our industry is experiencing unprecedented change brought … Read more
Posted in Future of the Profession, Volunteerism.
Expectations for the CAS for 2019: My Presidential Goals
It is a tremendous honor to become the new President of the Casualty Actuarial Society (CAS). Last year brought several special challenges for the CAS. With lots of hard work from hundreds of volunteers we surmounted those issues and emerged stronger than ever. The CAS continues to be the premier educator of property casualty actuaries … Read more
Challenges to the Casualty Actuarial Profession 2018
In previous years I’ve posted about some of the challenges facing the property and casualty actuarial profession. In 2018 we are facing a new, unique set of challenges, and I invite your thoughts on a few relevant topics: Big Data Recently, actuaries have been inundated with the availability of big data. We now have the … Read more
“Crash Course” Seminar: A Smashing Success
I had the pleasure of attending the “Crash Course on Vehicle Technology and Driverless Cars” seminar this July, jointly organized by the CAS and IIHS/HLDI.* The event hosted about 80 people, most of whom were actuaries. While a highlight of the event was a real live crash test (see the video I took below), it also included … Read more
Posted in Future of the Profession, Professional Education.
High School Actuarial Day at DePaul University: Building a Diverse Pipeline for 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
Mango Talks Professionalism [Podcast]
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
How Do Actuaries Preserve Their Market Value?
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
Posted in Future of the Profession, Professional Education.