News

The Actuarial Standards Board (ASB) of the American Academy of Actuaries recently approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas).

The Casualty Actuarial Society (CAS) and Society of Actuaries (SOA) are working together to explore modifications to their jointly-sponsored Diversity Exam Reimbursement Program. A revised program is expected to be announced in 2024 as soon as the review can be completed; in the interim, the current program has been sunset. The Needs-Based Exam Reimbursement Program will remain available to actuarial candidates who demonstrate financial need.

The CAS Research Council is issuing a Request for Proposals (RFP) to generate a brief which discusses potential unintended impacts on protected classes other than race or ethnicity when mitigating racial bias in insurance rating.

The CAS Research Council is issuing a Request for Proposals (RFP) to generate a brief that discusses issues and best practices as relates to emerging regulation/statutes surrounding algorithmic bias.

The Dive in Festival, a global movement dedicated to diversity, equity and inclusion in the insurance industry, will take place worldwide from September 26-28, 2023. For the third consecutive year, Dive In will be held in a hybrid format, with in-person events streamed live and online sessions accessible through the festival’s online portal.

The CAS Actuary of the Future Speaker Series features CAS members who represent that future – actuaries who have solved big problems faced by their employers or principals by thinking boldly and creatively applying their actuarial skills, while collaborating with other stakeholders. Ultimately, these actuaries brought value to their organizations in ways that haven’t been done before.

The 2023 CAS election ballot is now available to be completed online.

Join the International Actuarial Association (IAA) and the CAS on September 1st* to celebrate International Actuaries Day 2023: The Actuarial Planet - Extending our Wings.

For almost thirty years, The Actuarial Foundation has been changing the lives of students through its math tutoring, competition, and scholarship programs. As a former Trustee of the Foundation, I was inspired to serve and saw firsthand the difference that the Foundation’s programs are making. On May 11, there is a wonderful opportunity for the actuarial community to come together and celebrate the achievements of our Foundation.