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Basic Education Waiver Policy for Actuarial Examinations
The CAS’s Basic Education Waiver Policy addresses the extent to which the CAS will grant waivers of its basic education requirements including Exams 1, 2, and 3F; DISCs; Course on Professionalism; and Validation by Educational Experience requirements, or their equivalents as defined by the Executive Council.
Breakfast, Lunch, and Breaks scheduled throughout the day.
Topics to Include: Multi-Billion Dollar Litigation Funding Industry, Artificial Intelligence, Policy Level Unreported Frequency Model for Pure IBNR estimation, CAT Bonds/Third-Party Capital, and Professionalism.
Agenda and Parking Info
As Insurance Careers Month (ICM) concludes, the CAS is thrilled to announce the addition of 20 colleges and universities being honored through the CAS University Recognition Program for their commitment to supporting students on the property and casualty actuarial career path, bringing the total of schools recognized by the CAS to 38.
In this session, we will describe one insurer's experience with integrating bias and fairness considerations into its predictive modelling plans. Our objective is to educate the audience on the practical considerations of operationalizing the bias and fairness concepts that have been the subject of presentations and research papers by the CAS and other organizations. We are members of a Working Group that has been spearheading efforts to increase adoption of bias and fairness checks by our company's predictive modelling teams.
In support of the goals of the Admissions Transformation Plan to offer new study materials to candidates, the CAS has released the October/November 2023 Post Exam Summary and a new sample exam.
A new volume in the CAS monograph series, The Actuary and Enterprise Risk Management: Integrating Reserve Variability by Mark R. Shapland, and Jeffrey A. Courchene, proposes moving beyond reserve variability quantification to allow for full integration of key reserve risk metrics into the larger enterprise risk management framework.
ATL: Adapt. Transform. Lead.
May 5-8, 2024
Atlanta, GA
Deadline: January 12, 2024
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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 Admissions team is looking for volunteers to help with the new Property and Casualty Predictive Analytics (PCPA) requirement for ACAS. This offering is a new testing experience for candidates and will feature both an examination and a project-based assessment, designed to help candidates and professionals in the actuarial field gain a deeper understanding of key concepts and improve their predictive capabilities.
We are pleased to announce that the following opportunities have been recently added to the Volunteer Interest and Participation (VIP) Survey:
Reviewing Conference Presentation Slides for ADA Compliance
A review of the potential impact of a series of recent legislative revisions to Florida’s residential property insurance marketplace. Several legislative revisions were made in May and December special sessions in 2022, with a third series of legislative revisions put in place in March and April 2023.
Papers submitted in response to CAS call paper programs and the results of other research projects are typically posted in the CAS E-Forum.
Come enjoy the acting of some fine fellow actuaries who will perform several skits involving professional dilemmas in the reserving space. The skits are new for 2023 and, as always, they will lead to some lively and educational audience discussions. You will walk away from this session with a better understanding of the ASOPs and the codes of conduct, and you will learn how to apply them when you face your own professional ethical dilemmas. This session may provide attendees with professionalism continuing education credits.
This presentation begins with an overview of the Insurance Information Institute’s (Triple-I) insurance economics outlook and underwriting projections, updated quarterly by their economists and actuaries. The presentation then transitions to Triple-I’s perspective on key risks and opportunities facing the insurance industry, including climate risk, legal system abuse, cyber, and risk-based pricing.
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The Casualty Actuarial Society (CAS) was proud to be a Diamond Sponsors of the 2024 ANÉA - ASNA Convention, the premier gathering for actuarial students in Canada. This year's event, held in Montreal, saw an unprecedented turnout, with over 700 students and 300 industry professionals in attendance.
The CAS participated in a variety of activities throughout the conference:
CAS Luncheon and Keynote Address: CAS President Frank Chang, FCAS delivered an interactive Keynote Address on redefining the actuary during the CAS-sponsored Luncheon.
The Casualty Actuarial Society (CAS) is proud to support the ninth annual Insurance Careers Month (ICM). ICM is an initiative that seeks to inspire young people to choose insurance as a career, share the benefits of working in the industry, and collaborate to retain emerging leaders in insurance.
Shane Barnes, FCAS, CSPA, was recently named among Rising Insurance Star Executives’ 2020 RISE Award winners. The awards showcase the top rising stars in the insurance industry who show leadership in their organization and community and demonstrate a commitment to advancing the industry.
As many CAS members know, September is National Hispanic Heritage Month – a month commemorating and encouraging the study, observance, and celebration of Hispanic independence .
The CAS is pleased to offer the first half of Monday, November 7, the opening day of the Annual Meeting, on a complimentary basis to CAS members and non-members alike. Please read details below for each of the individual broadcasts you wish to view.
Monday, November 7
8:00 – 9:00 AM CT
Welcome, Celebration of New Members