Cummings Begins Term as President of the Casualty Actuarial Society

David Cummings, FCAS, CERA, began his term as the president of the Casualty Actuarial Society (CAS) last week in conjunction with the 2024 CAS Annual Meeting. He will 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. During his year as president-elect, Cummings chaired the CAS Membership Linkage Task Force, a group whose recommendations seek to enhance the communication, collaboration, and engagement between the CAS Board of Directors and the CAS membership. He also previously served on several CAS committees related to examinations, risk management, research and programming. Cummings has also held prominent leadership roles on the CAS board of directors (2018-2021) and as the CAS vice president-research (2014-2017).

During his term as CAS 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).

Barry Franklin, FCAS, assumed the role of president-elect of the CAS. Franklin currently serves as founder & president of Upstate Actuarial LLC.