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The CAS in partnership with The Institutes is excited to announce that registration for the new Online Course, Introduction to Data & Analytics is now open! Students and candidates can register and access the course through The Institutes website. The first window available for candidates to take the exam will be January 15, 2023 – March 15, 2023.
Submission Deadline: October 31, 2022
The Casualty Actuarial Society (CAS) invites you to be a part of the upcoming 2022 China Insurance Summit taking place in Beijing on December 9, 2022. This will be a hybrid event, with participants joining from all over China, Hong Kong, Taiwan, and beyond. We welcome your proposals for presentations that are engaging and educational. In-person presentations are preferred, but virtual sessions will also be considered.
TOPICS
Four CAS members were recently recognized as distinguished leaders on industry lists published by Business Insurance and Digital Insurance.
Amanda Smith, FCAS, Plymouth Rock, was recognized on Digital Insurance’s Women in Insurance Leadership list, which honors the transformative women leaders who are bringing the industry into the connected future.
Dear CAS Members:
As we approach one year since my Presidential Address given at the 2021 CAS Annual Meeting, I am renewing my call for members to pledge to be the “Actuary of the Future.” What do I mean by that?
A new paper has been published on the Variance website:
“Euler Allocation for Performance Measurement”
By Shayan Sen
In this paper the authors give a simple example that highlights why an Euler allocation is not always appropriate for performance measurement if the cost of equity capital varies by line.
The Casualty Actuarial Society yesterday announced the winners of the first-ever CAS Hacktuary Challenge, a contest designed to showcase the actuarial skill set in developing novel risk engineering solutions. Entrants were challenged to create an end-user application that would be actuarially grounded but address a risk management problem of relevance to a typical consumer.
Arlington, Va. – The Casualty Actuarial Society (CAS) announces the appointment to the CAS Board of Directors of Brian Duperreault, ACAS, former CEO and executive chairman of American International Group, Inc. (AIG); Stephanie Espy, founder and CEO, MathSP, LLCM; and Alicia Speight, a senior insurance executive with WTW. The CAS also announces the appointment of a new vice president-professional education, Anthony Bustillo, FCAS, to the CAS Executive Council for 2022-2023. These appointments will begin on November 9, at the close of the CAS Annual Meeting.
As actuaries work more and more with teams of data scientists and software engineers, they are more likely to encounter use of the Python programming language. While R is an environment for performing statistical analysis, Python is a general purpose programming language.
This workshop will provide an introduction to Python and show how to perform data collection, data visualization, and data analysis in Python. There will be six 90-minute sessions.
The Casualty Actuarial Society and Society of Actuaries are excited to bring back the in-person Be An Actuary Day with DePaul University! Share your love of the profession by inspiring the next generation of actuaries. Volunteers are needed to share their stories about why they became an actuary and help high school students learn about the profession during this free, fun, and interactive half-day event!
Location:
DePaul University—Lincoln Park Campus
When the Casualty Actuarial Society began administering the multiple-choice exams MAS-I and MAS-II in 2018, a 0.25-point penalty was assessed for each incorrect response to prevent a candidate from guessing correct responses. In September 2021, in conjunction with the release of the Admissions Transformation Plan, and motivated heavily by candidate feedback, staff and volunteer input, the decision was made to remove the guessing penalty.
The CAS is pleased to announce that as part of the announced Admissions Transformation Plan, computer-based practice exams for the MAS exams will be available exclusively for candidates that are registered for the fall 2022 sitting of MAS-I and/or MAS-II.
In the spirit of our on-going commitment to transparency as we announce key milestones of the Admissions Transformation Plan (ATP), the CAS is sharing details regarding the process for deciding changes to topics covered on CAS exams.
Anticipated launch of updated exams MAS-I, MAS-I and 5 in fall 2023.
Anticipated launch of updated exams — Spring 2024: exams 7 and 9. Fall 2024: exams 6 and 8.
Moved all CAS exams to the Computer-Based Testing (CBT) format with Pearson VUE.
Completed all grading in new grading management software.
