The CAS Trust Scholarship Committee is excited to announce this year’s winners of the CAS Trust Scholarship: Chase Yetter, Chloe Marshinski and Sarah Rumon.
Chase Yetter, a rising senior at Lebanon Valley College double majoring in actuarial science and mathematics, was this year’s recipient of the $10,000 CAS Trust Scholarship. “When I was a student in high school, I knew I wanted to pursue a career that would challenge me, and I wanted it to involve both mathematics and business,” said Yetter. Chase is excited about pursuing a career in the property and casualty industry and has already been able to attend multiple industry events, including the Spring 2015 and Fall 2015 Casualty Actuaries of the Mid-Atlantic Region (CAMAR) meetings, as well as the 2015 CAS Annual Meeting as part of the student program. “I hope to quickly become a Fellow of the Casualty Actuarial Society (FCAS) and a Chartered Property Casualty Underwriter (CPCU) … I also hope to become one of the first to earn the predictive analytics credential that arises from the partnership between the CAS and The Institutes.”
Yetter gained industry experience at XL Catlin as a Global Claims Actuarial Intern; his responsibilities included supporting the Global Claim Actuary and CFO, analyzing operational performance metrics and emerging claim trends, and assisting in the development of a claim handler staffing model. This summer he will intern for The Hartford’s P&C Student Program. “My drive to succeed will continue to motivate me, and I look forward to an exciting, innovative career supplemented by the education and guidance of the CAS.”
Chloe Marshinski, a senior at the University of Illinois at Urbana-Champaign majoring in actuarial science and statistics, was awarded a $5,000 CAS Trust Scholarship. “Knowing my work is contributing to a field that helps our society function and grow gives me motivation and purpose,” said Marshinski. “I am specifically interested in the property-casualty industry because it encompasses so many different types of risk and is constantly faced with new challenges.” Marshinski interned this past summer with CNA, where she completed two pricing reviews consisting of pulling and organizing data and making loss ratio selections, and performed comprehensive pricing analysis of the umbrella book of business. She also presented findings and recommendations on future business strategies to underwriting. Before that Marshinski interned with a State Farm agent, researching products, communicating with customers about their product interests, and calculating auto insurance quotes for online leads. “While the data and the numbers are important during an analysis,” she said, “it’s being able to communicate your findings and recommendations to others that makes the analysis worthwhile.”
Sarah Rumon is an actuarial science major and rising junior at the University of St. Thomas in St. Paul, Minnesota. She was awarded a $5,000 CAS Trust Scholarship. Rumon is the founding member and president of Gamma Iota Sigma Beta Pi Chapter at the University of St. Thomas and was voted the international student representative for Gamma Iota Sigma at the annual Gamma Iota Sigma Conference last year. Rumon has also taken part in the Travelers Insurance Actuarial Summer Student program as well as their Actuarial and Analytics Leadership Development Programs, where she summarized and presented aggregate review results to the loss analytics department, and learned about public sector products. “I have come to realize that being an actuary is so much more than passing tough exams and being skilled with using Excel,” said Rumon. “To me, a successful actuary has three distinct sets of skills — analytical skills, business acumen and knowledge — but also soft skills such as leadership, communication, time management and more.
