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PFAS, or per- and polyfluoroalkyl substances, are found in an enormous range of products, from food packaging and cosmetics to medical devices and clothes. But these “forever chemicals” linger in the body and have been correlated with various health conditions—potentially putting insurers at risk for PFAS claims and litigation.
Information on study aids and seminars is provided only as a convenience to CAS candidates. The CAS takes no responsibility for the accuracy or quality of the study aids and seminar announcements attached to this notice.
Please note that the Examination Committee expects candidates to read the material cited in the Syllabus and to use other material as a complement to the primary sources rather than a substitution for them.
Thank you for your patience while the CAS transitions to its new and improved e-commerce platform and user database. If you are accessing the CAS membership directory to verify actuarial credentials of a CAS member for employment or regulatory purposes, please send an email to acs@casact.org with the name of the CAS member you are trying to confirm.
Purdue University announces two faculty position openings in Actuarial Science as part of an initiative to expand the university’s Actuarial Science program to the Indianapolis campus. Purdue University in Indianapolis is a new, fully integrated expansion of the West Lafayette campus, extending to central Indiana the academic rigor and accessible excellence for which Purdue is known.
The Home for Future CAS Candidates
Welcome to the home for CAS candidates! This is the place to stay updated on everything you need to know as a candidate headed towards membership in the CAS. If you’re looking for information on a specific topic, like exams or study tips, browse through our past issues of Future Fellows.
Contact the Candidate Advocate Working Group
Active CAS Candidates – those who have sat for a CAS exam within the past two years – are invited to take advantage of a variety of benefits. Please feel free to contact the CAS Administrative and Customer Support Department at acs@casact.org or 703-276-3100 with any questions about the benefits of being a CAS Candidate!
Exams 1 and 2
Obtaining credit for these basic education requirements from the CAS is detailed below and in each individual exam syllabi.
Exam 1 - Probability
Exam 2 - Financial Mathematics
How to Obtain Credit for Exams 1 and 2
Credit can be obtained for these exams by taking the exams of one of the following organizations:
Three academics from Germany have won the ARIA Prize, a CAS-sponsored award established in 1997. The ARIA Board of Directors recently announced the paper “Detecting insurance fraud using supervised and unsupervised machine learning” by Jörn Debener, Volker Heinke and Johannes Kriebel in volume 90 of the Journal of Risk and Insurance as winner of the 2024 ARIA Prize by the CAS.
Registration for this event will be paused starting on December 31, 2024 while the CAS migrates to a new Association Management System. Registration will reopen at the end of January.
Electric vehicles (EVs) are rapidly increasing in popularity, and many manufacturers have stated goals of migrating to all-electric vehicle offerings. By 2030, seven percent of the U.S. fleet is predicted to be electric powered vehicles. The price, power, weight, form factor and garaging location of EVs vary considerably from internal combustion engine vehicles.
Registration for this event will be paused starting on December 31, 2024 while the CAS migrates to a new Association Management System. Registration will reopen at the end of January.
Research & Development Working Groups
CAS Research Working Groups and Task Forces play a critical role in advancing actuarial science through identifying research topics, reviewing proposals and papers, working with researchers and making recommendations. This work contributes to the growing body of research that will support actuaries in their day-to-day functions, offer novel approaches to problem solving and address current issues.
We are excited to share an update on the Actuarial Professional Analysis (APA) initiative, an effort to ensure that the CAS credentialing pathway and professional education offerings continue to empower and prepare our members for excellence in the actuarial field. Your voice and input have been integral to this process, and we want to keep you informed about the progress we’ve made and what lies ahead.
All October/November 2024 CAS exam results have been released, bringing the sitting to a close.
When studying for exams, do you ever wonder when and how you’ll use any of the concepts you’re learning? Then look no further! This article is one in a series about “Exams IRL.” A previous version of this article by Rehan Siddique, FCAS, can be found in Future Fellows, December 2020.1 This article will offer an updated perspective on how we as actuaries use Exam 6 material in the real world. We’ll focus on Exam 6-U.S. but also touch upon the Canadian and International versions of Exam 6 as well. Let’s start by going through each exam section of the Exam 6-US Content Outline.2
Many P&C actuaries find themselves working in popular lines of business such as homeowners, automobile, workers’ compensation or general liability. However, the P&C industry extends even beyond these lines into many nontraditional sectors. For example, there are actuaries working in telematics and the financial sectors.
At first glance, generative AI sounds like something out of science fiction: a seemingly all-knowing computer that can answer any question that it is posed. It can do everything from writing code to composing a poem to answering trivia questions. Some even worry that it will one day replace white collar jobs. It’s clear that generative AI is a powerful new technology. But new technologies also pose challenges for actuaries that should be considered before being applied in a wider context.
As 2024 comes to a close, the Candidate Advocate Working Group (CAWG) is taking a moment to reflect on what has truly been an outstanding year. It’s been a year filled with growth, collaboration and a deep commitment to supporting the voices of candidates across the CAS community.
Dear CAS Community,
As we prepare for the launch of the new CAS Portal, our new and improved e-commerce platform and user database, we want to provide important updates to ensure a smooth transition:
Key Details
The Casualty Actuarial Society’s (CAS) Reinsurance Working Group is offering up to $75,000 for a research project that advances the quantitative estimation and prediction of specific aspects of social inflation for at least one insurance line. Proposals are due Monday, January 27, 2025.
Research Problem Description
Registration is now open only for candidates with the following prerequisites:
The Casualty Actuarial Society (CAS) is excited to announce the upcoming launch of the CAS Portal, our new and improved e-commerce platform and user database. Designed to better serve the needs of the CAS community, the CAS Portal will provide a cleaner, more intuitive interface, advanced tools, and enhanced functionality to simplify your online interactions with the CAS. This includes registering for exams and events, paying dues, volunteering, and much more.
