Casualty Actuarial Society Names David Cummings as President-Elect

The Casualty Actuarial Society (CAS) has announced the results of its elections, with David Cummings, FCAS, being named president-elect for 2023-2024. Cummings will begin his term at the close of the 2023 CAS Annual Meeting in November and will go on to serve as CAS president for 2024-2025.

Cummings is currently chief actuary and head of analytics, senior vice president at the USAA Property & Casualty Group in San Antonio, Texas. He previously served as senior vice president of insurance operations and analytics for Insurance Services Office, Inc. (ISO) and as the director of enterprise risk management (ERM) for State Farm Insurance. He also served in the United States Air Force from 1994-2000, where he was awarded a Meritorious Service Medal.

Cummings earned his CAS Fellowship in 2002 and is a longtime CAS volunteer, currently serving on the CAS Risk Management Committee. He previously served on several CAS committees related to examinations, research and programming; he also held prominent leadership roles on the CAS board of directors (2018-2021) and as the CAS vice president-research (2014-2017).

During his terms as CAS president-elect and president, Cummings plans to work with CAS leadership to enhance the reputation and value of the actuarial profession, ensuring people with analytical skill sets are aware of the career path and its benefits.

“I want to strengthen our profession to become even more respected and influential than it is today. We must ensure the value of actuaries remains relevant to our current members and attractive to others we want and need to join us. We also need to continue to increase the value we bring to our employers, principals, and other key stakeholders during this time of industry change. I look forward to working closely with the Board, other member leaders, and the CAS staff to advance and strengthen our profession in this way.”

Cummings holds a master’s degree in computational and applied mathematics from Rice University. He is a distinguished graduate of the United States Air Force Academy where he earned his bachelor’s degree in mathematical sciences and operations research. He is a member of the American Academy of Actuaries (MAAA), a Chartered Enterprise Risk Analyst (CERA) and a Chartered Property Casualty Underwriter (CPCU).

The CAS also announced newly elected Board members: Wanchin Chou, assistant deputy commissioner and chief actuary, Connecticut Department of Insurance; Sandy Lowe, actuary, manager, global risk markets, U.S. personal lines at Liberty Mutual Insurance; Joe Milicia, chief reserving actuary, QBE North America; and and Kathleen Ores-Walsh, chief actuary - personal lines at The Hartford.

Frank Chang, FCAS, vice president, applied science, at Uber Technologies, will serve as CAS President for the 2023-2024 term.

CAS President Roosevelt Mosley, FCAS, said, “We are thrilled to welcome our newest board members to the CAS. Each of them brings a unique set of skills and perspectives that will be invaluable in guiding our organization. We are fortunate to have Dave as our incoming president-elect, as he has proven to be a dedicated and inspirational leader for the CAS. I look forward to working with the incoming leaders to further our mission of providing credentialing and professional education to property and casualty actuaries around the world.”