Category Archives: Uncategorized

Eliminating the Penalty for Incorrect Responses

Eliminating the Penalty for Incorrect Responses Authored by: Carrie Cross, CAS, Chad Buckendahl & Susan Davis-Becker, ACS Ventures, LLC One of the concerns about multiple choice questions is that candidates can randomly guess and get a correct response. Although true in theory, well-constructed multiple choice questions include a correct response and alternative response options, often … Read more »

Be An Actuary Month: A Shining Example of Staff, Volunteer and Partner Collaboration 

Originally featured in the March-April 2022 issue of AR  Interview with CAS President, Kathy Antonello  This interview is focused on one, action-packed month, but members should know that our efforts to reach students and career changers has been a long-term, multi-year project. The CAS is fortunate to have vital programs in place to promote the … Read more »

National Volunteer Week – Why I Volunteer for the CAS

As a member of the CAS (Casualty Actuarial Society) for over 20 years, during National Volunteer Week, I am thinking of how the success of our organization depends greatly on the thousands of volunteers (and members of the CAS staff) that contribute to the CAS. For the past 10 years, I have been volunteering on … Read more »

CAS & NAWA Highlight Two Inspiring Female Actuaries

As we celebrate Women’s History Month in March, the Casualty Actuarial Society and the Network of Actuarial Women and Allies interviewed Julie Joyce, FCAS, senior vice president and chief corporate actuary at Travelers and Janet Lindstrom, FCAS, executive vice president and chief transformation officer for Arch Insurance North America. Thank you, Julie, and Janet, for … Read more »

CAS Women’s History Month- Profiling Marcela Granados

Marcela Granados, FCAS, CSPA, has been a long-time supporter of the actuarial profession. She started her actuarial career within the insurance industry, then moved to consulting before finally joining Databricks, a data and AI company, as their global head of insurance. Marcela was raised in Mexico City, but she was born in the United States … Read more »

Black History Month – Highlighting CAS Community Voices

February is National Black History Month – a month honoring the contributions and legacy of Black people throughout U.S. history. To celebrate, the CAS ran the BHMxCAS campaign, sharing special features and stories on our LinkedIn, Instagram, Facebook and Twitter platforms using the hashtag #BHMxCAS. Below we are sharing some highlights from three Black History … Read more »

An Actuary and an Epidemiologist Walk into a Bar 

Actuaries and epidemiologists share a lot in common. Both use advanced mathematical tools to study human behavior, investigate patterns, and manage risks. The medical profession has long utilized epidemiological models to understand the dynamics of epidemics and to project the trends, preparing for the allocation of medical resources and developing public health policies. Similar goals … Read more »

CAS Research Review Q&A: Practical Guide to Predictive Models

As part of our new CAS Research Review series, CAS is highlighting important papers and articles you may have missed! Here we are speaking with Don Closter ACAS, MAAA, co-author of Predictive Models: A Practical Guide for Practitioners and Regulators. What is the objective of this paper, and who is it for? The objective of … Read more »

It’s Time to Take Visualization Seriously

In 2019, I gave five talks about data visualization. This was great fun, but as I looked back, I felt compelled to confront a difficult question: what are we as actuaries still not getting about this? Haven’t actuaries embraced data visualization? We understand that it’s important. We understand that it’s an essential element of communication. … Read more »

Let’s All Visit Jupyter

The actuarial workflow typically looks like this: you complete an analysis in a spreadsheet, then you paste the chart into a word-processing document. If you want to make a change to the math, or the data, that copy-and-paste step must be repeated. It’s easy for the two (or more!) documents to fall out of sync, … Read more »