As part of its commitment to advance the actuarial profession and engage future generations of property and casualty actuaries, the CAS has adopted a new strategy to enhance the diversity of its membership. Approved by the CAS Board of Directors in March, the CAS Diversity Strategy formalizes the CAS’s commitment to facilitate the evolution of a multidimensional property and casualty actuarial profession. While the CAS has historically committed time and resources to support profession-wide efforts to encourage diversity and will continue to do so, the new strategy is focused specifically on the CAS and property and casualty actuaries.
The strategy calls for recruiting quality mathematical and analytical talent from groups currently underrepresented in the profession. The strategy is consistent with the CAS Strategic Plan, which focuses on increased diversity among CAS members across a range of factors, such as location, culture and country of origin. The CAS will actively work to attract and retain talent with a wide range of life experiences and professional capabilities. The new diversity strategy is a proactive step in furthering all of these goals.
“The CAS has always encouraged an inclusive community where unique perspectives are highly valued,” said CAS President Bob Miccolis. “The challenges facing our members and their employers are increasingly multifaceted and multicultural in nature. Having a diverse membership allows the CAS to better understand these complexities and respond to the demands for casualty actuarial expertise.”
The diversity strategy is intended to cut across all functional areas of the CAS and will be integrated into all of the organization’s initiatives. The implementation of the strategy will be overseen by the newly formed CAS Diversity Committee, chaired by David Terné, FCAS.
“Given how quickly the property and casualty field is growing, the CAS is proud to recognize and embrace the need for a formal diversity strategy,” said Roosevelt Mosley, CAS vice president-marketing and communications. “Signifying our commitment to this cause can only make the CAS a better and stronger organization in the years to come.”
CAS members who are interested in joining the CAS Diversity Committee should contact Alice Chambers, marketing and communications coordinator, at achambers@casact.org.
