Pioneering CAS Fellows: Linda Shepherd and Ollie Sherman Reflect on their Careers

In ways small and large, Linda Shepherd and Ollie Sherman have forged a path for others looking for fulfilling actuarial careers. November 2020 marked a milestone for actuaries as Linda Shepherd, who in 1988 became the first Black woman to earn a CAS Fellowship, officially retired. Four years earlier, in 1984, Ollie Sherman became the …

CEOs on the Big issues of 2020

Chief executives have the view from the top. When you assemble several of them together, as the CAS did for a general session at the organization’s Annual Meeting in November, it makes sense to find out what the view is like — especially in this most unusual of years, where a pandemic has changed the …

Social Justice and the Actuary: What’s Next?

Racial injustice and discrimination became a prominent issue in 2020. As awareness of the true scope of disparate impact and discrimination has grown, property-casualty insurance — and actuarial techniques in particular — have come under greater scrutiny. The key questions are as follows: Does insurance perpetuate inequities in biased systems? Do predictive models eliminate discrimination …

Meet the Winners of the 2020 CAS University Award

McMaster University, Middle Tennessee State University, Temple University and University of Illinois at Urbana-Champaign are the 2020 recipients of the CAS University Award. The program recognizes innovative and exemplary ways that universities are preparing students for careers in the property-casualty insurance industry. Each school will receive a $5,000 award to further enhance their own programs. …

Actuarial Science Majors Dominate the Current CAS Pipeline for Candidates and Members … is this a Good or Bad Thing?

Throughout the summer, the CAS has been poring over data to try and explain where our 8% annual growth rate of new members is coming from and what commonalities there may be amongst our new members. In terms of CAS members (defined as ACAS or FCAS), what we found was that approximately 10% to 20% …

Sep/Oct 2020 Comings and Goings

Shane Barnes, FCAS, CSPA, has been named a Rising Insurance Star Executive (RISE) winner. The annual RISE Awards showcase the top rising stars in the insurance industry who show leadership in their organization. CANARY Consulting was recently recognized by the Dayton Area Chamber of Commerce as the 2019 Recipient of Premier Health Workplace Diversity Award. …

We Aren’t Slowing Down

COVID-19 has been shutting down meetings around the world, but without missing a beat, CAS members and staff worked to create a virtual Spring Meeting after the decisions were made to postpone CAS meetings and seminars, starting with March’s Ratemaking, Product and Modeling Seminar. For this Spring Meeting, CAS members and speakers met the challenge …