I encourage you all to attend this event. Alberto is a great speaker, and last I heard, his company was hiring! -- Stefanos

---

Alberto Ramirez will be speaking to our club about his work experiences at CRISIL and elsewhere. He will also be discussing the comparisons of working for an insurance carrier vs. consulting, or pursuing SOA vs. CAS credentials. Feel free to bring any questions that you may have about the actuarial profession. Please join us on Monday, May 6th from 5:30-6:30 in Arts & Letters Room 112.

 

 

CAA Spring Fun @ the Ballpark

The spring actuarial exams will soon be over, and you'll be waiting for results. It's time to have some fun! The Chicago Actuarial Association is sponsoring our annual actuarial group outing to a baseball game at Guaranteed Rate Field, home of the Chicago White Sox, as they meet the Cleveland Indians on Game of Thrones Night. Comiskey Cash will be provided at the game to exam takers, supervisors, proctors, and organizers. Other attendees will be responsible for their own food & drinks.

Where: Guaranteed Rate Field (333 W 35th Street)
When: Monday, May 13 at 7:10 PM
Cost: Tickets are only $5 for exam participants and members of the Chicago Actuarial Association. Other guest tickets are $15.
RSVP on CAA website: http://chicagoactuarialassociation.org/events/46/spring-fun-the-ballpark

 

Risk Analytics Symposium 2019

The Chicago Actuarial Association is partnering with the UIUC Department of Mathematics to present a Risk Analytics Symposium at the Illini Center. You can earn up to 7.25 hours toward your annual AAA and SOA CPD requirements at this event. Please go to https://math.illinois.edu/illinois-risk-lab/risk-analytics-symposium for more details and to sign up.

Where: Illini Center (200 S Wacker Drive)
When: Monday, May 16 at 8:30 AM
Cost: $30 for CAA Members, students, academics, and UIUC alumni; $60 otherwise
More info on CAA website: http://chicagoactuarialassociation.org/events/47/risk-analytics-symposium-2019

 

 

We are going to have a Tacos & Trivia night to kick-off spring quarter. It will be this Monday, April 15th from 5:30-6:30 PM.

Use this opportunity to get to know your fellow actuarial students and have fun! Getting involved with the club has many benefits: down the road, you may want to ask for funding to travel to an actuarial conference, or be included in a study group and have your questions answered by a more senior member, or get reimbursed for an exam you passed, or become a club officer!

Please RSVP to the event on orgsync by Monday noon. We would appreciate that you RSVP even if you are not coming. We don't know how much food to order if we don't know who's coming, and we don't want to waste food and club funds. So we will order food based on the number of RSVPs we get. 

 

 

 

 

The CAA workshops cover a variety of hot topics in each of the time slots. Use this opportunity to fulfill some of your continuing professional development requirements. You can earn up to 3.6 hours toward your annual AAA and SOA CPD requirements while you meet and greet with other local actuaries face-to-face!

We welcome and encourage students and non-actuaries to attend our workshops because information covered is relevant to a wide range of work within the insurance and consulting industries. Please share this email with others who may be interested.

After a successful transition last year, this year's event returns to DePaul University - Loop Campus. Registration, workshops, and all breaks will be on the 8th floor. Post-workshops reception and dinner will be 11th floor. All breaks will include coffee/tea service, soft drinks, and snacks. For full details on the event, including registration, please navigate to our website at the address below.

When: March 26, 2019
Where: DePaul University - Loop Campus
Registration - 8th Floor, Sessions - 8th Floor, Post-workshops reception/dinner - 11th Floor.
1 East Jackson Blvd.
Chicago, IL 60604
How: Sign up here - http://chicagoactuarialassociation.org/events/45/2019-spring-workshops

Please sign up today! Registration closes March 20, 2019. Any questions, email us at contactus@chicagoactuarialassociation.org

 

 

Read below for a message by Prof Yates.

I would also urge you to consider participating. Data science skills can be the differentiating factor in your job search and your future career as an actuary. -- Stefanos

---

Hi everybody

I strongly encourage any of your undergraduate or graduate statistics and data science students to sign up for this. DataFest Chicago will be at Loyola from March 29 to March 31. Details, including how to sign up, can be found at the link below.

http://pascal.math.luc.edu/datafest/

Thanks,

Phil

 

 

The Society of Actuaries (SOA) is dedicated to advancing education and research for the actuarial profession. As part of its mission, the SOA recognizes the importance of partnering with colleges and universities to help develop future actuaries. With this in mind, the SOA's Research Department is holding a Student Research Case Study Challenge, which provides an opportunity for teams of students to apply their actuarial skills on a real world problem.  Please read the full details of the case study, and listen to a podcast which provides valuable information and guidance to students on this page.

Please note, intention forms must be submitted by February 15, 2019.  Any questions or clarifications on the rules should be directed to the SOA via email to research@soa.org.

Laura S. Levsky, MBA

Research Communications Coordinator

SOCIETY OF ACTUARIES

475 N. Martingale Rd., Suite 600

Schaumburg, Illinois 60173

P +1.847.273-8833

llevsky@soa.org

 

 

See below for more info. We can sponsor teams of participating DePaul students and pay for their registration, accommodation and basic travel costs. Let me know if you are interested – Stefanos

---

The Drake Symposium focuses on actuarial science and insurance. Hosted by the Chi Chapter of Gamma Iota Sigma at Drake University, the event brings together students from across the country to engage the industry and provide a meaningful educational experience. This year, there is a case competition that provides students an opportunity to perform real, actuarial work and present to a panel of judges during the Symposium. The event is sponsored by the Casualty Actuarial Society and the Society of Actuaries, and generously supported by the Drake University School of Actuarial Science and Risk Management.

https://www.drakesymposium.com/

 

 

 

 

Meeting featuring SOA Board of Directors member Sara Teppema
Co-sponsored by the DePaul University Actuarial Science Club

Society of Actuaries (SOA) Board of Directors member Sara Teppema will provide an update on the SOA 2017-2021 Strategic Plan and recent developments.  Join us as she shares insights on key programs from the organization.

The event ends with a networking reception at 5:30 p.m.

This event is free to all attendees, whether members of the Chicago Actuarial Association or not.

Where: DePaul University, Room 8005, DePaul Center, 1 E Jackson Blvd, Chicago, IL
When: February 6, 2019, 4:30 pm - 7:00 pm (doors open at 4:00 pm)
Cost: Free to all attendees
RSVP on CAA website: http://chicagoactuarialassociation.org/events/44/meeting-featuring-soa-board-of-directors-member-sara-teppema

Sara C. Teppema leads value-based model design at Health Care Service Corporation (Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma and Texas), as part of HCSC's Provider Payment Innovation  and Analytics team.  Sara has over 25 years of health care and actuarial experience, primarily in consulting with a wide variety of clients, including providers, health plans, employers and government entities.  She is a member of the Society of Actuaries' Board and recently chaired the SOA's Research Executive Committee, and led a task force as part of the SOA's Health Section's strategic initiative for Public Health. She is a Fellow of the Society of Actuaries, a member of the American Academy of actuaries and has a degree in Mathematics from the University of Illinois at Urbana-Champaign. When she is not involved in volunteer activities, Sara spends time with her husband and three young adult daughters; plays music and sings as much as possible; and regularly hikes and practices yoga. Her current New York Times crossword puzzle streak is 213 days.

 

 

Reimbursement by DePaul

We reimburse $225 per exam passed, i.e. the full amount for exams P and FM. Apply before December 15th to be considered on this round of awards. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P, FM, MFE/IFM, MLC/LTAM, C/STAM, SRM, S/MAS I-II. But see below for some of these exams.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

Reimbursement for later exams by the SOA

The Society of Actuaries offers full reimbursement of exam fees to three (3) DePaul students each year. The exam should be either MFE/IFM, MLC/LTAM, C/STAM or SRM, and you should have received your official grade within the past 90 days and no earlier than July 1st.

If you satisfy the requirements, contact me at sorfanos@depaul.edu to submit your reimbursement form.

Note: students getting reimbursed directly from the SOA or from any other source should not apply for reimbursement by DePaul.

Let me know if you have any questions.

Stefanos Orfanos

 

 

Canceled due to unexpected conflict. Sara Teppema will be visiting instead on 2/6.

---

The President of the Society of Actuaries, Jim Glickman, will be coming to DePaul to speak to local actuaries and actuarial students about about issues facing the profession on Wednesday, February 6, from 4:30 to 5:30 pm at the DePaul Center. A reception will follow. Registration for the event will be free, thanks to the Chicago Actuarial Association.

This is a great opportunity to meet local actuaries, network, and learn more about careers in the actuarial profession. Hope to see everyone there!

 

 

 

Friday, November 30, 2018

Volunteers Needed – Please Mark Your Calendars!

The Society of Actuaries, Casualty Actuarial Society, International Association of Black Actuaries, Organization of Latino Actuaries and the Actuarial Foundation are teaming up again with DePaul University for the Chicago High School Actuarial Day.

Volunteers - like you - are needed! As a volunteer at the event, you'll serve as the first connection many students have to the actuarial field. We invite you to participate and share your love of the profession with a group of local high school students.

High School Actuarial Day–Chicago

Friday, November 30, 2018

DePaul University–Lincoln Park Campus

2250 N. Sheffield Ave, Chicago, IL

8:30am–2:00 p.m. 

 

Please sign up at the SOA Volunteer site or email us at Candidate@soa.org no later than November 9, 2018.

Sponsored by 

 

 

Stronger as One: An Important Message for CAS and SOA Members

Dear CAS and SOA Members,

The environment in which actuaries practice continues to change. From predictive analytics to technology that transforms how we work, there are new opportunities for our profession to impact business and societal issues. We also face competitive challenges from other professions related to data science that seek to benefit from these opportunities. The CAS and SOA Boards of Directors recognize that changes will continue, and that we need to lead – not react – to maintain our competitive edge, embrace new opportunities, and better serve our current and future members.

Together we agreed to explore a combination of the CAS and SOA into one new professional organization that has the scale and resources to support our members' efforts to shape and grow the areas in which we practice. 

Our Boards are currently conducting their due diligence to best understand how we can work together. While we are excited for the many opportunities a combination will offer our profession, we must pass several major milestones before an official combination of the CAS and SOA could happen. Those milestones include a formal presentation of the combination agreement in early October, votes by both Boards by mid-November, and member votes from both organizations in early 2019.

We are committed to keeping you informed as we begin this journey and value your feedback along the way. Today we launched StrongerAsOne.net, where you can find more information, including a video from us, a robust FAQ and a living "Updates" section. We're also sending CAS and SOA leaders to meet directly with members for town hall discussions in several cities starting next month. For those who cannot attend in person, we're planning a town hall webinar with both of us on October 9. We hope you'll join us.

If you have any questions or comments, send them to mail@StrongerAsOne.net, and our team will share responses to frequently asked questions through the website as quickly as possible.

We believe we can unite our knowledge, resources and leadership to better serve our members, prepare candidates and equip employers. Potential benefits of a combined organization could include:

• New opportunities: More resources would be deployed to place our members at the forefront of leading edge developments in evolving fields and opportunities – especially predictive analytics. This allows us to better serve our North American members while expanding our relevance and growing internationally.

• Unified education system: Leveraging the best practices and innovations from both organizations, actuarial students would learn a common set of core fundamentals. Members and candidates could access rigorous and specialized education tracks and professional development opportunities to prepare them better for new opportunities.

• Enhanced diversity of thought and efficiency to serve members: Working together to address areas of common interest from different perspectives and avoiding duplicative efforts allows us to operate more efficiently and deploy improved resources to enhance the member and candidate experiences.

• Stronger global brand for the actuarial profession: A combined organization would increase the value of our actuarial credentials and allow us to speak with one voice on actuarial education and research, providing more clarity for the direction of our profession.

Together we are excited about the opportunity to build a stronger actuarial profession. Over the coming weeks, we will be sharing more information as we continue our journey. We look forward to working together and leading the way for the future of our profession.

 

Brian Brown, FCAS, MAAA

2017-2018 CAS President

 

Mike Lombardi, FSA, CERA, FCIA, MAAA

2017-2018 SOA President

 

 

The Society of Actuaries is pleased to announce the Data Analysis Contest (├óÔé¼┼ôContest├óÔé¼┬Ø). The purpose of this Contest is to encourage SOA members and students, as well as the general public, to apply their data analysis and predictive analytics skills to a large, public dataset to test the dataset for issues, gaps, inconsistencies, outliers and problems. 

Entering the Contest

Contest entries should analyze the dataset and identify any problems, issues, gaps, inconsistencies and outliers with the dataset.  Entries must be submitted between September 1st and October 31st, 2018.  You may enter individually or as a member of a group. 

Prizes

Prizes for first, second and third place of $5,000 USD, $3,000 USD and $2,000 USD, respectively, will be awarded to the winners based on the quality of the analysis submitted. Winners will be announced on January 31, 2019. 

Please be sure to read the official rules carefully, as well as ensuring that you meet the eligibility conditions. 

This is new territory for the Society of Actuaries to sponsor a contest where we are releasing preliminary data for SOA members and the general public to use their data analysis skills to determine if there are problems with a dataset. We would like to take this opportunity to thank all those entering in advance. We look forward to receiving your submissions!

For more info, data, rules, etc. go here.

 

 

Today is the deadline to submit your resume/transcript for participation in the Actuarial Recruitment Day 2018, our career fair that takes place next Friday. Register at this page if you would like to be considered for interviews. Companies participating in this event have a range of internship and entry-level opportunities for which they are recruiting. Don't miss the chance!

 

 

The Society of Actuaries (SOA) invites you and your students to attend our upcoming Candidate Connect Event in Chicago on Friday, November 9. This full-day program allows students to learn about important actuarial topics while getting the opportunity to network with SOA leaders, industry members and fellow candidates.

When & Where:

8:30 a.m. – 5:00 p.m., November 9, 2018 at the Westin O'Hare, 6100 North River Road, Chicago, IL

Who should attend?

Students or candidates taking actuarial exams, but not members of the SOA as an Associate (ASA), Chartered Enterprise Risk Analyst (CERA) or Fellow (FSA). Professors and faculty advisers are also invited to attend.

What to expect?

• A full-day of professional development and industry seminars for future actuaries.
• Insights into the profession from top-notch speakers.
• Plenty of networking time to connect with the local actuarial community–practicing actuaries and fellow candidates.

Registration is open now!

Please note the SOA will sponsor student attendance and waive meeting costs, however there is a $25 administrative fee per student that will be charged upon registration. Breakfast and lunch are included in that fee. Attendees are responsible for their transportation and lodging.

We hope to see you and your students in Chicago!

All the best,

 

Beth Gall     

Candidate Relations Specialist

 

SOCIETY OF ACTUARIES                     

475 N. Martingale Rd., Suite 600       

Schaumburg, IL 60173

P 1-847-273-8834    

bgall@soa.org

 

 

Come to the Kickoff Meeting to get acquainted with the actuarial club officers and other actuarial students. There will be food!

Our topics of discussion at the meeting include:

• Actuarial Recruitment Day 
• High School Actuarial Day 
• Study sessions 
• The Midwest Actuarial Science Conference
• Exam fee reimbursements

Also, Lisa Pawlowski from the Math Motivators program will be joining to inform us about tutoring opportunities. We are still looking for volunteers to tutor at Noble Street College Prep and Golder College Prep. 

We will be raffling off 10 copies of "Actuarial Learning: A guidebook to exam success and workplace advancement├óÔé¼┬Ø at the meeting. 

Hope to see everyone there!

 

 

Exam Fees Reimbursement 

We reimburse $225 per exam passed, i.e. the full amount for exams P and FM. Apply before June 15th to be considered on this round of awards. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S. New exams, such as IFM, LTAM, STAM, and MAS I-II, will become eligible in the next few months. 

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

Reimbursement for later exams by the SOA

The Society of Actuaries offers full reimbursement of exam fees to three (3) DePaul students each year. The exam should be either MFE, MLC or C, and you should have received your official grade within the past 90 days and no later than June 30th (from July 1st, it falls in the next academic year). We have awarded two such reimbursements and can give one more.

If you satisfy the requirements, contact me at sorfanos@depaul.edu to submit your reimbursement form.

Note: students getting reimbursed directly from the SOA or from any other source should not apply for reimbursement by DePaul (see above)

Let me know if you have any questions.

Stefanos Orfanos

 

 

Please join us in welcoming Brian Brown, President of the Casualty Actuarial Society on Monday, April 16th from 4-5pm in Arts & Letters 414. He will be presenting to us about his career at Milliman and will have a Q&A session at the end. Hope to see you all there!

 

 

We have extended the registration for the CAA workshops to this Tuesday, March 13!

The CAA workshops cover a variety of hot topics in each of the time slots. Use this opportunity to fulfill some of your continuing professional development requirements. You can earn 3 hours toward your annual AAA and SOA CPD requirements while you meet and greet with other local actuaries face-to-face!

We welcome and encourage students and non-actuaries to attend our workshops because information covered is relevant to a wide range of work within the insurance and consulting industries. Please share this email with others who may be interested.

This year the event will be held in a brand new location, DePaul University - Loop Campus! Registration, workshops, and all breaks will be on the 8th floor. Post-workshops reception and dinner will be 11th floor. All breaks will include coffee/tea service, soft drinks, and snacks. For full details on the event, including registration, please navigate to our website at the address below.

When: March 20, 2018
Where: DePaul University - Loop Campus
Registration - 8th Floor, Sessions - 8th Floor, Post-workshops reception/dinner - 11th Floor.
1 East Jackson Blvd.
Chicago, IL 60604
How: http://chicagoactuarialassociation.org/events/38/2018-spring-workshops

Please sign up today! Registration closes March 13, 2018. Any questions, email us at contactus@chicagoactuarialassociation.org

 

 

Dear Colleagues,

After a successful inaugural Statsketball competition last year where HS and undergrad students could apply their statistical skills to two contests associated with the NCAA men's basketball tournament, we are again sponsoring the contests through This is Statistics.

The information pasted below is from http://thisisstatistics.org/home-2/statsketball/.

 6 rounds.

68 teams.

Thousands of possibilities.

One winner.

Statsketball Tournament 2018

Don't leave your NCAA College Basketball Tournament bracket predictions to chance-put your statistics skills to the test!

We already know statistics has the power to best predict a winner, and analytics careers in sports are booming. Whether you enter for fun or to jumpstart your future career as a statistician, you won't want to miss it.

This is Statistics and the American Statistical Association are challenging high school and undergraduate students to predict the outcome of the 2018 NCAA Basketball Tournament using statistics rather than luck.

Get Started

Statsketball consists of two challenges, open to high school and undergraduate students:

"Pick 'Em": Upset Challenge - Submit a list of 32 winners to the first-round games.

"Build Your Own Bracket": Draft Challenge - You have 224 drafts points to assemble your cohort of teams from the seeded participants. 

Get the full details, rules and prizes for the challenges here. All submissions are due by March 14, 2018, at 12:00PM ET. 

Join our email list to be the first to know about news and announcements.

 
Thanks,

Rebecca Nichols 

Director of Education  

American Statistical Association
Promoting the Practice and Profession of Statistics®
732 North Washington Street
Alexandria, VA 22314-1943
(703) 684-1221, Ext. 1877
Fax: (703) 684-3768
www.amstat.org

 

 

The CAA workshops cover a variety of hot topics in each of the time slots. Use this opportunity to fulfill some of your continuing professional development requirements. You can earn 3 hours toward your annual AAA and SOA CPD requirements while you meet and greet with other local actuaries face-to-face!

We welcome and encourage students and non-actuaries to attend our workshops because information covered is relevant to a wide range of work within the insurance and consulting industries. Please share this email with others who may be interested.

This year the event will be held in a brand new location, DePaul University - Loop Campus! Registration, workshops, and all breaks will be on the 8th floor. Post-workshops reception and dinner will be 11th floor. All breaks will include coffee/tea service, soft drinks, and snacks. For full details on the event, including registration, please navigate to our website at the address below.

When: March 20, 2018
Where: DePaul University - Loop Campus
Registration - 8th Floor,
Sessions - 8th Floor,
Post-workshops reception/dinner - 11th Floor.
How: Sign up here: http://chicagoactuarialassociation.org/events/38/2018-spring-workshops

Please sign up today! Registration closes March 9, 2018. Any questions, email us at contactus@chicagoactuarialassociation.org
 

 

 

Don't miss the opportunity to participate in the 2018 SOA student research case study challenge, which will be posted here next month. It's not too early to start thinking about teams and to familiarize yourself with the competition rules. The case study represents a real-life actuarial problem and you could get nationwide exposure (and money!) for proposing a way to solve it.

Also consider the following scholarships:

• Actuarial Diversity Scholarship. Deadline: March 1, 2018
• Actuary of Tomorrow - Stuart A. Robertson Memorial Scholarship. Deadline: June 1, 2018
• Curtis E. Huntington Memorial Scholarship. Deadline: April 1, 2018
• The International Association of Black Actuaries Scholarship Program. Deadline: March 31, 2018

 

 

 

 

The International Association of Black Actuaries (IABA) has recently launched its Scholarship and Boot Camp applications! 

The application deadline for both programs is March 31, 2018. 

IABA Scholarship

The IABA Scholarship Program provides scholarships at the undergraduate and graduate level for black students who are interested in pursuing actuarial careers. 

In 2017, IABA awarded $93,000 to 28 students.  The scholarship award (ranging from $3,000 - 5,000) also includes a trip to IABA's Annual Meeting and a stipend for passing exams during the award period.  Many scholarships also come with an internship or entry-level offer from some of the industry's leading employers.

Eligibility info: http://www.blackactuaries.org/page/Eligibility 

Application info: http://www.blackactuaries.org/page/ScholarshipApplicat 

IABA Boot Camp

The IABA Actuarial Boot Camp is the premier program for transitioning black actuarial students to the actuarial industry. The majority of past attendees report that the Boot Camp was instrumental in confirming their interest in the career and helping them through the interview process. In many cases, they were introduced to their employer through their Boot Camp participation.  Visit the website for more information (https://blackactuaries.site-ym.com/page/2018IABABootCamp)

Eligibility & application info: http://www.blackactuaries.org/general/custom.asp?page=BootCampApplication 

If you have any questions, please contact IABA's Executive Director, Kate Weaver, at iaba@blackactuaries.org.

 

 

 

Greetings,

Please see the attached announcement from the Society of Actuaries Cultivate Opportunities Team regarding the 2018 Summer Internship Program. More information about this opportunity, including embedded links and how to apply, is included within. Interested students must have all documents submitted by the application deadline of January 19, 2018. 

If you have any questions, please email the Director of Employer Relations and Opportunities, Courtney Nashan at cnashan@soa.org.

 

 

 

Hello! We are now distributing the official invitation (linked here) for our Milliman Actuarial Career Day event, which is taking place in Milwaukee on Thursday, January 4^th, and in Chicago on Friday, January 5^th.

Please forward this invitation to your actuarial science/math/statistics students or professors for further distribution. Please emphasize to the students that RSVPs are required for planning purposes.

Questions regarding this event may be sent to Milwaukee.hr@milliman.com. Thank you!

Morgan St. George

Recruiting Coordinator

Milliman

15800 W. Bluemound Road, Suite 100

Brookfield, WI 53005 USA

+1 262 923 3697 Office├óÔé¼┬Ø

 

 

Please join us today, November 2nd from 4:45-5:45 in welcoming Chris Cahill from CNA.

He will be informing us on the opportunities that CNA has to offer those interested in a career in Actuarial Science.

It will be in Arts & Letters 204.

Hope to see everyone there!

 

 

Interested in Volunteering with the Society of Actuaries (SOA)?

The SOA Actuary of the Future Section is looking for an intern!

 

Description

The Section Council Intern (SCI) will be an affiliate member of the SOA Actuary of the Future Section (AOF). The position has a one-year, non-renewable term, and participation will be as a non-voting Friend of the Council.

 

Benefits

To the selected SCI:

• Enhance your resume with industry-level leadership experience
• Opportunities to network
• Gain familiarity with the AOF and SOA
• Develop business skills such as written and oral communication, organization, leadership and effective teamwork skills

To all SCI applicants:

• Practice applying for a position
• Open doors to additional opportunities for participation in the AOF and SOA
• Candidates who are not selected can still contribute to the AOF and SOA in other capacity through opportunities posted on the Volunteer Opportunities Database

 

Requirements

Preferred applicant requirements include: two exams completed and 3.0 (or equivalent) GPA if enrolled at a college. A resume is required, and a brief cover letter is encouraged. You must also be a member of the Actuary of the Future Section. Joining is easy! JOIN THE AOF.

If interested in the SCI position, fill out our online application by Nov. 24, 2017.

 

Frequently Asked Questions

• How will the SCI be selected?

The Section Council Intern Position Team will review all applications received and perform phone interviews, if deemed necessary. The SCI will be selected by the AOF Section Council in early December.

• When does this position take effect?

Once the SCI is selected, he or she will participate in monthly council calls and AOF initiatives starting in late December.

• What will be expected of the SCI?

The SCI will be expected to attend monthly council calls, participate on at least one AOF project, and serve as an ambassador for the AOF. Recent AOF projects include developing SOA podcasts, creating marketing materials for the AOF Section, writing articles for the AOF newsletter, and planning seminars at SOA meetings. The total time commitment will be based on the project selected. Some projects have consistent time commitments from month-to-month, while others vary depending on project deadlines. It is estimated that the average total time commitment is up to five hours per month.

• What are the responsibilities of the council with respect to the SCI?

The council will support the participation and involvement of the SCI. The section chair will ultimately be responsible for ensuring that the SCI is actively engaged.

 

For more information about the AOF Section and how to become a member, please visit our webpage.

 

Jane Lesch

Section Specialist

 

SOCIETY OF ACTUARIES                     

475 N. Martingale Rd., Suite 600       

Schaumburg, IL 60173                                   

P +1-847-706-3558     

jlesch@soa.org

 

 

Don't miss your chance to claim your $100 reimbursement per actuarial exam passed! This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 11/31, but you can apply today! The review process will take place at the beginning of December, and at the same time, a new link will be posted with a deadline in February.

 

 

If you are interested in the following event, then get in touch with us (depaulactuarialclub@gmail.com) by Friday, so that we arrange for transportation and housing.

---

Date

September 29 - 30, 2017

Location

Coralville Marriot Hotel & Conference Center
300 East 9th Street
Coralville, IA 52241

Description

Please join us September 29th and 30th, 2017 at the Coralville Marriott Hotel and Conference Center in Coralville, IA for the 5th Annual Midwest Actuarial Student Conference hosted by the University of Iowa's Actuarial Science Club. This will be a great opportunity to learn more about actuarial science as well as network with other students and industry professionals.

Both the Conference and Meet the Sponsors events are free to attend.

• Meet the Sponsors: Friday, September 29th, 2017 from 7:00 to 8:30 p.m. Meet other actuarial students and our conference sponsors for a night of networking. Hors d'oeuvres will be served during the event. Our sponsors include: The Society of Actuaries, The Casualty Actuarial Society, Principal, Transamerica, Allstate, Willis Towers Watson, Coaching Actuaries, and The Infinite Actuary.
• 5th Annual Midwest Actuarial Student Conference: Saturday, September 30th, 2017 from 8:30 a.m. to 5:00 p.m. Come and join us for our annual one day conference! The conference is for college students who are studying or are interested in learning more about actuarial science, as well as high school students who are interested in exploring the field. Breakfast and lunch will be included.

Registration will close exactly 1 week before the start of the conference, on Saturday, September 23rd at 8:30 a.m.

Register here

 

 

Greetings!

This is a reminder for today's kick-off meeting/resume workshop. You will learn about our club and its activities and will have the opportunity to connect and interact with other budding actuaries. There will be pizza too!

We will also have a resume workshop led by Leyla, a career center rep. Please bring a copy of your resume to make the most out of the workshop, and feel free to ask any questions you may have about resumes or interviewing. 

The meeting starts at 5:00 PM in ALH 104. 

---

Also: This is the second announcement about the Actuarial Recruitment Day– a career fair for actuarial students– that will take place at DePaul on Friday, September 22. For more information and to register, go to our website

We expect a number of insurance companies and consulting firms to be represented. It's a great opportunity to learn about actuarial internships or jobs and the actuarial field in general.

Students who register and upload their resumes/transcripts by tonight at midnight, will be considered for first-round interviews by the participating employers. 

 

 

Greetings!

This is the first announcement about the Actuarial Recruitment Day– a career fair for actuarial students– that will take place at DePaul on Friday, September 22. For more information and to register, go to our website

We expect a dozen or more insurance companies and consulting firms to be represented. It's a great opportunity to learn about actuarial internships or jobs and the actuarial field in general.

Students who register and upload their resumes/transcripts by midnight on Friday, September 15, will be considered for first-round interviews by the participating employers. Reminder: if you have resume or interview questions, don't miss our kick-off meeting/resume workshop, also on Friday, September 15, from 5:00 - 6:30 PM.

 

 

 

 

Please join us for our 2017 kick-off meeting this Friday, September 15th at 5:00pm in Arts & Letters Hall, Room 104. At our meeting, we will have a resume workshop to help you prepare for future internships/jobs, so please bring your resume and any questions you have. Free pizza!

Hope to see you all there!  

 

 

Don't miss your chance to claim your $100 reimbursement per exam passed! This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 8/31, so hurry up! Then the review process will take place, and at the same time, a new link will be posted with a deadline in November.

 

 

Your spring actuarial exam is behind you, and you're either celebrating or resolving to do better next time.  Either way, it's time to have some fun! The Chicago Actuarial Association is sponsoring our annual actuarial group outing to a baseball game at Guaranteed Rate Field, home of the Chicago White Sox, as they meet the Houston Astros. Comiskey Cash will be provided at the game to exam participants.

Date: Thursday, August 10, 2017. Game begins at 7:10 p.m.
Location: Guaranteed Rate Field (New Comiskey Park), 333 West 35th Street, Chicago, IL 60616
Tickets are only $10 for exam participants and $15 for members of the Chicago Actuarial Association. Other guest tickets are $20. At the ballpark, all exam takers will get $15 in Comiskey Cash by presenting a photo ID and their original ticket of admission to the exam (or other proof, such as exam results; for FAP modules, please bring proof of registration or progress). Exam supervisors, proctors, and organizers will also get the $15 in Comiskey Cash by presenting a photo ID if their name is on Pat Pruitt's list of exam volunteers. Members and other guests will be responsible for their own cash expenditures.

Order your tickets online by August 1 here http://chicagoactuarialassociation.org/events/32/summer-fun-at-the-ballpark.   We are again using PayPal.com to receive payments. (We count these payments as reservations.) You do not need a PayPal account if you use a credit card. Please note that your reservation is not complete until payment is made.
Event Pricing*: $10/ticket for exam participants; $15/ticket for members; $20/ticket for guests

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 8/31. Then the review process will take place, and at the same time, a new link will be posted with a deadline in November.

Stefanos

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 5/31 (tomorrow). Then the review process will take place, and at the same time, a new link will be posted with a deadline in July.

Stefanos

 

 

New sample exam questions and some minor study note updates are now available for the June 2017 and later administrations of Exam FM.

1.      New sample questions, some of which are on topics new to this exam, have been added to the sample exam questions and solutions documents and the online sample exam. Additional questions are likely to be added. Please check the Exam FM Updates page regularly. 

2.      Two study notes for Exam FM have been updated.

• Study note FM-25-17 ├óÔé¼┼ôInterest Rate Swaps├óÔé¼┬Ø has been updated with some clarifications and corrected calculations.
• Study Note FM-26-17 ├óÔé¼┼ôDeterminants of Interest Rates├óÔé¼┬Ø has had minor corrections plus a correction to the definition of PPI on Page 17.

The topics and methodologies covered on the exam are not affected by the above changes.

Questions may be sent to education@soa.org.

 

 

Find Answers to Your Student's Questions about the Actuarial ProfessionThe actuarial profession has been considered a top job over the last decade. However,  the path to becoming an actuary includes more than just passing exams. The Society of Actuaries (SOA) is committed to providing your students with the resources they need to achieve their actuarial career goals, including:

 

• Practical Tips to Find a Job. A panel of experts made up of recruiters, hiring managers and actuaries share their insight on how candidates can realistically enter the actuarial profession, what skills they need to be competitive, how to write an effective resume and more.
•  The SOA Explorer Tool.  Do your students need help finding a job or internship? With the SOA Explorer Tool, they can search by geographic location or employer. Search results will include a brief description of the position, as well as a link to the full posting.
• SOA Job Center. Students can search open positions with the SOA Job Center. They can filter by actuarial specialization, credentials and location.
• Ask Stuart. Educate your students about whether or not hiring managers view passing exams differently than completing VEE requirements. They can also find answers about how to choose a Fellowship track, what computer skills are most important for an actuary, and more. See what Stuart Klugman, FSA, CERA, Ph.D., senior staff Fellow of education at the SOA has to say.
• Candidate Connect e-Newsletter. Stay up-to-date with articles about the actuarial profession, job tips, exams and more. Check out articles such as "Model for Leveraging College (MLC)" in which Zilong Zhao shares tips and advice on building a successful actuarial career or "How to Get Your First Job" where Minyu Cao, FSA, and leader of RGA's campus recruiting programs shares insights on how to secure a job.

 

 

Hello DePaul Actuarial Science Club members,

We are excited to announce a dinner social event with the Actuarial Club from University of Chicago on May 6th, 2017 at 7pm!

Location:  Barn and Company (http://barnandcompany.com/)

This is the first time the DePaul Actuarial Science Club is meeting with University of Chicago's Actuarial Club members. It will be a great networking event and is open to all club members.

To attend this event, please purchase your $5 ticket using the link below. The fee will be used to support the event.

https://www.eventbrite.com/e/depasc-dinner-social-tickets-34179956169

Hope to see you there!

 

 

Hello DePaul Actuarial Science Club members,

We are excited to announce dinner social event with the Actuarial Club from University of Chicago on May 6th at 7pm!

This is the first time DePaul Actuarial Science Club to meet with University of Chicago's Actuarial Club members. It will be a great networking event and is open to all club members.

To prepare for the event, we would like to see how many members are interested in attending this event so please fill out the form using the link below. To support this event, we will require $5 fee for all attendants. Announcements related to where to pay fees, venue, and agenda will be released closer to the date.

https://docs.google.com/forms/d/e/1FAIpQLSecjPeG4snG6hk1r715PhhTF0dV1xw4x3uHxVDfgT6hRBA2fA/viewform?usp=sf_link

Hope to see you there!

 

 

The Actuarial Foundation is pleased to announce the Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship. Full-time students, who are entering as a sophomore, junior or senior at a U.S accredited educational institution and have successfully completed two actuarial exams, are eligible to apply.The scholarship recognizes and encourages the academic achievements of undergraduate students pursuing a career in actuarial science. $9000 scholarship award will be given to the deserving candidate.

The Actuarial Foundation, a 501(c)(3) organization, was established in 1994 to help facilitate and broaden the profession's contribution to society. The Foundation explores innovative ways to apply actuarial skills in the public interest.The Actuarial Foundation fulfills its mission by providing free math education and financial literacy resources to teachers, students, and consumers.

Eligibility:

• Full-time student entering as a sophomore, junior or senior at a U.S accredited educational institution
• Minimum cumulative GPA of 3.0 (on 4.0 scale)
• Successfully completed two actuarial exams

How to Apply:

To apply, the applicant can register and submit online application through the given link: https://actfnd.academicworks.com/opportunities/112

Supporting Documents:

• Personal Essay: submit an essay on the following questions (approximately 500 words, single spaced and typed, make sure your name appears on all documents you are uploading):

1. Why do you want to be an actuary?
2. How has your work experiences prepared you for an actuarial career?
3. What are the qualifications and abilities that have helped you succeed in college and will help you succeed in an actuarial career?
4. What extracurricular activities have you enjoyed most, and how will they help you in your career and in your life in general?
5. Which college courses have you enjoyed most/least and why?

• Attach list the name and email address of a professor (preferred) or advisor who will provide a letter of recommendation supporting your academic achievement, leadership, and communication skills.
• Attach list the name and email address of the employer or previous employer who will provide a letter of recommendation.
• Submit the answer to the following supplemental questions:

1. What, if any, percent of your college expenses did you earn yourself? Please only enter a number representing the percent. For example, if you earned 60% of your college expenses, simply type the number 60.
2. How many actuarial exams are you planning to take in the spring?

Financial Aid and Award Money:

• $9,000 scholarship award will be given to the winning candidate.
• The award will be divided to cover multiple semesters or other terms comprising the academic year.
• Recipients attending school for a portion of the upcoming year (e.g., one semester) will receive the corresponding portion of a full-year scholarship amount.

Application Deadline:

The application deadline for the Memorial Scholarship is due on June 1, 2017. Awards will be announced after August 1st, 2017.

Link for More Information:

http://www.actuarialfoundation.org/programs/actuarial/robertson.shtml

Contact Information:

For additional information, contact The Actuarial Foundation at Scholarships-at-ActFnd.org

 

 

 

For more details and info on how to register, check the attached flyer.

 

 

Title:  Data Entry and Research

We are an executive recruiting firm that focuses on Actuarial (and related fields) recruitment.  We are seeking sharp students to support our efforts by performing Data Entry and Research duties. 

You must bring an exceptional work ethic, attention to detail, a sense of humor, empathy, strong writing, listening and computer skills, integrity and a drive to be the best. 

Duties: 

• Enter industry information into proprietary database 
• Comb the internet as needed for required information 
• Support recruiters by revising documents and retrieving information from our system
• Assist on ad-hoc projects 

Requirements: 

• Strong computer skills 
• Business acumen 
• Ability to work both alone and part as a team
• An interest in pursuing a career in the Actuarial field is a plus

$12/hour; Office is a < 5 minute walk from the Montrose Brown Line stop

Part-time opportunity

www.ezrapenland.com

For consideration, please send your resume to roxy@ezrapenland.com

What our ├óÔé¼┼ôAlumni├óÔé¼┬Ø say about the experience they gained working at Ezra Penland in the data support role:

"The knowledge I learned at EP about the actuarial exam process - how many exams to graduate with, the best study habits, and the material covered on each exam - were critical to understanding the entry-level market and earning a full-time role as an actuarial analyst out of college."  – Dane

├óÔé¼┼ôThe most important thing I gained from working at EP is exposure. Despite majoring in Actuarial Science, I didn't have knowledge of how many companies actually hire actuaries or even enough about the possible paths I could take.├óÔé¼┬Ø – Elizabeth

├óÔé¼┼ôWorking for EP gave me the opportunity to learn more about the business side of the industry and develop and understanding for my career options. I would have never found the career I landed in without their help and encouragement!├óÔé¼┬Ø  – Emilia

 

 

Milliman, a global leader in actuarial and related products and services, is sharing additional eligibility information about the new Milliman Opportunity Scholarship. The scholarship assists undergraduate students from ethnic groups that are under-represented in the fields of actuarial science, data science, computer science, economics, programming, mathematics, statistics, data analytics, or finance. Scholarship award $5,000 Eligibility criteria Applicants must identify as one of these ethnic groups: In the United States and Canada: Black or African American, Latino/Hispanic, American Indian or Alaskan Native, or Native Hawaiian or Other Pacific Islander In the United Kingdom and Ireland: Black African, Black Caribbean, Irish Traveller, or Gypsy In South Africa: Black or Coloured  Applicants must be full-time current or incoming undergraduate students at an accredited college or university. In the United States, Canada, Ireland, or the United Kingdom, the enrollment period is the entire 2017-2018 academic year and in South Africa, the entire 2017 academic year. Applicants must plan to pursue a career in the field of actuarial science, data science, computer science, programming, economics, mathematics, statistics, data analytics, or finance. Application process and deadline Applications are due by June 1, 2017. View the program information for a complete list of application requirements and to apply online. Sincerely, Steve White President and CEO Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in life insurance and financial services, property & casualty insurance, healthcare, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Learn more at www.milliman.com.

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 5/31. Then the review process will take place, and at the same time, a new link will be posted with a deadline in July.

Stefanos

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 2/28. Then the review process will take place, and at the same time, a new link will be posted with a deadline around the end of May.

Stefanos

 

 

Greetings,

The Society of Actuaries (SOA) is dedicated to advancing education and research for the actuarial profession.  As part of its mission, the SOA recognizes the importance of partnering with colleges and universities to help develop future actuaries.  With this in mind, the SOA is holding a Student Case Study Challenge, which provides an opportunity for teams of students to apply their actuarial skills on a real world problem.

Teams interested in entering the challenge must fill out the Intent to Submit Form by Friday, March 3, 2017.

For more information about the Case Study Challenge, including a link to the official rules with dates noted, visit the 2017 Student Case Study Challenge webpage.  Final submissions are due by Friday, April 7, 2017.

 

 

This message is being sent on behalf of the International Association of Black Actuaries (IABA)

 

Dear Colleague:

We would appreciate your assistance in promoting the International Association of Black Actuaries (IABA) scholarship within your student and educator groups, as well as on your website.  We are seeking undergraduate and post-baccalaureate minority student applicants (particularly students of African descent originating from the United States, Canada, the Caribbean and African nations). 

Scholarships are awarded annually on the basis of individual merit and may be renewed upon reapplication and continued eligibility. IABA typically awards amounts ranging from $2,000 - $5,000/year towards educational expenses including tuition, books, housing, research, etc. and is based on full-time status during the school year. Last year, we awarded 27 students close to $90,000.  Since 1992, IABA has awarded over $500,000 in scholarship funds. 

The benefits of becoming a scholarship recipient are not limited to educational expenses. In addition to the scholarship, award recipients also receive the following:

├é┬À         Internship and entry-level opportunities;

├é┬À         A paid trip to IABA's Annual Meeting;

├é┬À         A one-time stipend for passing actuarial exams during the scholarship period (depending on available funds and academic performance).

Application materials for this year are available online only at Scholarship 

If you have any questions, please contact our Executive Director, Kate Weaver, at iaba@blackactuaries.org.

We truly appreciate your attention.

Sincerely,

 

Adrian Cox

IABA Scholarship Committee Chair

www.blackactuaries.org

 

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 2/28. Then the review process will take place, and at the same time, a new link will be posted with a deadline around the end of May.

Stefanos

 

 

The email below is from the Society of Actuaries. This is a great opportunity and an excellent learning experience for members of our club. I would be glad to serve as a faculty advisor to any DePaul team that decides to compete. – Stefanos

---

We're approximately one month away from the release of our Society of Actuaries 2017 Student Research Case Study Challenge, where student teams will be able to research a current actuarial issue, summarize their findings and submit their recommendations.  Last year we had a terrific turnout with over 40 teams from universities around the world submitting responses to the case study.  Individual prizes and university grants will be awarded to top teams, and we look forward to recognizing students in a wide range of SOA publications.

We've been busy working on the final pieces of this year's case study, and have recently placed an overview of the challenge along with rules at the following web address:

SOA 2017 Student Research Case Study Challenge

http://www.soa.org/Research/2017-student-case-study.aspx

I encourage you to get together with students and faculty at your university in order to organize teams for this upcoming event.  The Case Study will be released on Friday, Feb. 10, 2017.  If you'd like to see examples of a case study, along with submissions and results of last year's challenge, check out our webpage summary athttp://www.soa.org/Research/student-case-study.aspx .  Last year's challenge focused on quantifying healthcare industry adverse disruptors, and we have another current event case study in development that we believe will be of strong interest to students.

Thanks for working with us to create this continuing opportunity for students and encouraging the next generation of actuaries and researchers!

If you have any questions or comments, please feel free to reach us at research@soa.org

 

 

The SOA will sponsor its second annual Student Research Case Study Challenge to provide a forum for students to showcase their knowledge, develop new and creative research ideas, and enhance their exposure to the profession.

The research topic will be issued in February 2017. The document will include a statement of the problem, desired research objectives, and reference or supply applicable data that would fall within the scope of thechallenge. The challenge will encompass two stages: 

├é┬À         Evaluation of initial written submissions documenting the statement of the problem, the team's research on the issue, and the team's conclusion.

├é┬À         A set of finalists resulting from the evaluation of initial submissions will then compete for the top rankingsthrough a web-based or face-to-face oral / multimedia presentation.

The target completion date for the competition is April 2017.

 

For additional information including the Challenge rules, please see the SOA web site athttp://www.soa.org/Research/2017-student-case-study.aspx

 

For results and examples of the 2016 competition, please see the following website: http://www.soa.org/Research/student-case-study.aspx

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 11/30. Then the review process will take place, and at the same time, a new link will be posted with a deadline around the end of February.

Stefanos

 

 

For MASC volunteer walk-through tomorrow, we are going to meet at Brownstones at 9:35am (the actual walk-through will start at 9:45am), the coffee shop just inside the east entrance of the student center at LPC.

Again, the volunteer walk-through for MASC would be on Tuesday Oct 11th, 9:45am - 11:00am (we will start our walk-through at Lincoln Park Campus at 9:45am, and we will start walk-through at Loop Campus roughly at 10:30am).

Even though you are not registered for the walk-through, we welcome everyone that can make it at the last minute!

Thank you and see you there!

 

 

We are still in need of volunteers and there is still time to be involved in volunteering MASC! Those who are available at that time and wants to be part of volunteering MASC, please find a link below to fill out short survey.

The volunteer walk-through for MASC would be on Tuesday Oct 11th, 9:45am - 11:00am (we will start our walk-through at Lincoln Park Campus at 9:45am, and we will start walk-through at Loop Campus roughly at 10:30am).

https://docs.google.com/forms/d/e/1FAIpQLSd-Lo74o25JVJc3qrCKIHj3sScZr8s6lyPQoKvcrHSmSJmEAw/viewform?entry.2005620554&entry.1045781291

Again, as a volunteer, you will have great opportunities to network with fellow volunteers/sponsors and play a role in making the event possible. This is a great opportunity for us to enhance DePaul Actuarial Science Club's reputation for competence, thoroughness, and friendliness!

Thank you and see you there!

*Attention Graduate student! Some of you may aware that MASC and Math Department's Comprehensive exams are offered on the same date (October 22nd). If you plan to attend MASC, However, you can take your Comprehensive exams on the following weekend. For more information, please contact Steve, slruttenberg@gmail.com.

 

 

There has been a minor change in walk through time. The walk through would be on Tuesday Oct 11th, 9:45am - 11:00am (we will start our walk-through at Lincoln Park Campus at 9:45am, and we will start walk-through at Loop Campus roughly at 10:30am). 

We are still in need of volunteers and there is still time to be involved in volunteering MASC! Those who are available at that time and wants to be part of volunteering MASC, please find a link below to fill out short survey.

https://docs.google.com/forms/d/e/1FAIpQLSd-Lo74o25JVJc3qrCKIHj3sScZr8s6lyPQoKvcrHSmSJmEAw/viewform?entry.2005620554&entry.1045781291

Again, as a volunteer, you will have great opportunities to network with fellow volunteers/sponsors and play a role in making the event possible. This is a great opportunity for us to enhance DePaul Actuarial Science Club's reputation for competence, thoroughness, and friendliness!

Thank you and see you there!

*Attention Graduate student! Some of you may aware that MASC and Math Department's Comprehensive exams are offered on the same date (October 22nd). If you plan to attend MASC, However, you can take your Comprehensive exams on the following weekend. For more information, please contact Steve, slruttenberg@gmail.com.

 

 

This event is free for students, including breakfast and lunch on each day. If you are interested in Biostatistics, this meeting would be great one to attend. Flyer with more information is attached.

November 10-11, 2016
at Lincolnshire Marriott Resort
Lincolnshire, IL 60069

Day 1: Thursday, November 10
Breakfast and Onsite Registration (8:00-9:00)
Short Courses
1. Kert Viele, Berry Consultants, Prior Elicitation and Dynamic Historical Data Borrowing (9:00 - 12:00)
2. Lei Shen, Eli Lilly, Subgroup Identification for Precision Medicines (1:30 - 4:30)

Day 2: Friday, November 11
Breakfast and Onsite Registration (8:00-9:00)
Opening Remarks (9:00-9:15)

Keynote Addresses:
Kevin Chartier, Global Head of Biostatistics, Astellas, Strong Technical Skills Are Necessary But Not Sufficient to Being an Effective Industry Statistician (9:15-9:45)
Ivan Chan, Head of Pipeline Statistics and Programming, AbbVie, Statistical Innovations and Leadership for the Future of Pharmaceutical Industry (9:45-10:15)

Awards will be presented for best student posters. To be considered for awards, please submit your poster proposal via email to poster.icsa2016@gmail.com no later than October 28.
Online registration and detailed program information will be available at www.midwest-icsa.org. For
hotel reservation, please call Marriott at (847) 634-0100 and mention ├óÔé¼┼ôICSA Midwest Chapter Meeting├óÔé¼┬Ø to get a special rate ($164 per night) by October 19.

 

 

 

 

Interested in Volunteering with the SOA? The SOA Actuary of the Future Section is looking for an intern! This is a volunteer position that should involve at most 5 hours a month (an hour or so a week).  Students with two exams passed are eligible to apply.

 

Description

The Section Council Intern (SCI) will be an affiliate member of the SOA Actuary of the Future Section (AOF). The position has a one-year, non-renewable term, and participation will be as a non-voting Friend of the Council.

 

Benefits

To the selected SCI:

├é┬À         Enhance your resume with industry-level leadership experience

├é┬À         Opportunities to network

├é┬À         Gain familiarity with the AOF and SOA

├é┬À         Develop business skills such as written and oral communication, organization, leadership, and effective teamwork skills

To all SCI applicants:

├é┬À         Practice applying for a position

├é┬À         Open doors to additional opportunities for participation in the AOF and SOA

├é┬À         Candidates who are not selected but choose to participate with the AOF in another capacity will have access to the same benefits outlined for the selected SCI

 

Requirements

Preferred applicant requirements include: two exams completed and 3.0 (or equivalent) GPA if enrolled at a college. A resume and brief cover letter is required. References may be requested. You must also be a member of the Actuary of the Future Section. Joining is easy! JOIN THE AOF.

If interested, fill out our online application by October 21, 2016.

 

Frequently Asked Questions

├é┬À         How will the SCI be selected?

The Section Council Intern Position Team will review all applications received and perform phone interviews if deemed necessary. The SCI will be selected by the AOF Section Council in early November.

├é┬À         When does this position take effect?

Once the SCI is selected, he or she will participate in monthly council calls and AOF initiatives beginning in late November.

├é┬À         What will be expected of the SCI?

The SCI will be expected to attend monthly council calls, participate on at least one AOF project, and serve as an ambassador for the AOF. Recent AOF projects include developing the first SOA podcasts, creating marketing materials for the AOF Section, and leading a mentoring effort to connect young actuaries with  more experienced actuaries. The total time commitment will be based on the project selected. Some projects have consistent time commitments from month-to-month, while others vary depending on project deadlines. It is estimated that the average total time commitment is five hours per month.

├é┬À         What are the responsibilities of the council with respect to the SCI?

The council will support the participation and involvement of the SCI. The section chair will ultimately be responsible for ensuring that the SCI is actively engaged.

 

For more information about the AOF Section and how to become a member, please visit our website.

 

Jane Lesch

Section Specialist

 

SOCIETY OF ACTUARIES                     

475 N. Martingale Rd., Suite 600       

Schaumburg, IL 60173                                   

 

P +1-847-706-3558     

jlesch@soa.org

 

 

Join the Chicago Actuarial Association for an exciting event this Friday Sept 23rd at DePaul Loop campus. Free to all DePaul students and staff!

Please register for the event by Tuesday Sept 20th here: http://chicagoactuarialassociation.org/events/27/the-success-tract-insights-and-strategies-for-effectively-managing-your-actuarial-career

Title: The Success Tract: Insights and Strategies for Effectively Managing Your Actuarial Career

Speakers: Joanne Turner, National Territory Manager, The Jacobson Group

Description:
Navigating your career journey, developing soft skills, and establishing your professional brand and network can be a challenge. What are the hot careers within the actuarial arena? What are the ├óÔé¼┼ômost wanted├óÔé¼┬Ø skills and attributes employers are looking for in today's actuarial candidates? Explore the answers to these pressing questions and more as you move forward in your insurance actuarial career. Gain insights from an industry insider with observations into trends, hot topics and in-demand skill sets and leadership characteristics for the insurance professionals of tomorrow. This session will feature perspectives, insights and strategies for success.

Session Objectives:

• Understand the current state of the insurance industry labor market, the actuarial sector and its impact on future career opportunities.
• Examine and explore areas of high demand and hot trends within the actuarial arena.
• Gain insight into the characteristics, core competencies and soft skills that industry employers are looking for in today's actuarial job candidates.
• Discuss best practices and strategies for success in managing and enhancing your career, including networking and the development of a personal brand.

About The Jacobson Group:
The Jacobson Group is the leading global provider of insurance talent. For 45 years, we have been connecting insurance organizations with professionals from the board room to the back room on both a permanent and temporary basis. We offer a variety of solutions including executive search, professional recruiting, emerging talent, RPO, temporary staffing, subject matter experts, and onsite and work-at-home operations support. Regardless of the need or situation, Jacobson is the insurance talent solution. Further information is available at jacobsononline.com.
 

Location:
DePaul University
1 E Jackson Blvd
DePaul Club, 11th floor
Chicago, IL 60604

Date/Time:
Friday, September 23rd 2016
Registration from 3:30 to 4:00 PM
Session from 4 - 5:00 PM
Reception from 5 - 6:30 PM with Hors d'oeuvre and cash bar

Price:
$30 for CAA Members
$40 for non-Members
$10 for Retiree/Unemployed/Non-DePaul students
Free for DePaul students and staff

 

 

Please join us October 21^st-22^nd, 2016 at DePaul University in Chicago for the 4^th Annual Midwest Actuarial Student Conference and Meet the Sponsors event hosted by the DePaul Actuarial Club in conjunction with DePaul University. The event will be a great opportunity to learn about the actuarial field while networking will other students and potential employers. We have speakers lined up to talk about the different industries, exam changes, interview tips and so much more! This event is FREE to all students attending.

On Friday, October 21^st 2016 we will hold the "Meet the Sponsors" event (6:00-8:30PM) at the DePaul Center (Downtown Campus 1 E Jackson Blvd, Chicago), Concourse level. Refreshments will be provided at no cost.

On Saturday, October 22^nd 2016 the 4^th Midwest Actuarial Student Conference (8:30-5:00PM) will be held in the DePaul Center (Lincoln Park Campus- 2250 N Sheffield Ave, Chicago), 120AB. Breakfast and Lunch will be provided at no cost.

Registration is now open, which can be done at: https://www.eventbrite.com/e/4th-annual-midwest-actuarial-student-conference-registration-27035871018

Conference Program:
8:30 – 9:00             Registration and breakfast
9:00 – 10:30           Updates from the Society of Actuaries and the Casualty Actuarial Society
10:45 – 11:30         Your Actuarial Career
11:30 – 12:45         Lunch / Networking session
12:45 – 1:45           Interview Tips
2:00 – 2:45             Career opportunities in Life, Health, and P&C
3:00 – 3:45             Career opportunities in pensions, ERM, and QFI
4:00 – 5:00             ├óÔé¼┼ôI Wish I Had Known├óÔé¼┬Ø

Be sure to reserve your spot. We look forward to seeing you at the conference!

 

 

Hi there everyone!

Thanks to you all who were able to come out to the kick-off presentation on Monday! It was a great time and we look forward to seeing more of you in the future, I just wanted to share the PowerPoint from Monday. I have updated it to include a link to InterviewStream where you can record yourself answering interview questions and then watch them. Please let us know if you have any questions, you can find the presentation on OrgSync at: https://orgsync.com/60179/files/1071389/show

Best,
DePasc

 

 

Hi all,

This is a reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 11/30. Then the review process will take place, and at the same time, a new link will be posted with a deadline around the end of February.

Stefanos

 

 

Please join us October 21^st-22^nd, 2016 at DePaul University in Chicago for the 4^th Annual Midwest Actuarial Student Conference hosted by the DePaul Actuarial Club in conjunction with DePaul University. We encourage you to share this message with members of your club and any other actuarial students you may know in the Midwest. More information will be provided as we get closer to the date.

Registration is now open, which can be done at: https://www.eventbrite.com/e/4th-annual-midwest-actuarial-student-conference-registration-27035871018

Be sure to reserve your spot. We look forward to seeing you at the conference!

 

 

Hi Everyone,

School will be starting up very soon and with that actuarial recruitment season will also be firing up. I just wanted to notify you that you can apply for the CNA Actuarial Internship (and many others as well!) on the DePaul Handshake website. To use the website you will need to make a profile, you can log in using your DePaul credentials. This website is a great tool for learning about internships, job fairs, and interview tips. If you are interested in applying for the CNA internship please go here after you have logged into handshake, below I am providing some information about the internship.

CNA's Actuarial Summer Internship Program is looking to create a team of interns for a dynamic 10 week training program that provides hands on Actuarial experience and unique opportunities in the Insurance industry. This program gives each intern their own manager and practical Actuarial assignments to gain real-world experience. All intern projects and managers are selected by a committee to ensure that all interns receive meaningful and challenging actuarial work. Interns can be placed in one of the following areas within the Actuarial department: Commercial & Specialty Pricing, Reserving, Life & Health or Enterprise Risk Management.

Program Features and Benefits:
├óÔé¼┬ó Luncheons with senior staff covering various topics related to the insurance industry
├óÔé¼┬ó Professional and personal development activities including public speaking and preparing a presentation
├óÔé¼┬ó Specialized training sessions and activities for actuarial interns
├óÔé¼┬ó Other exciting activities such as a boat cruise on Lake Michigan, beach volleyball, and a baseball game which provide great opportunities to meet full time actuaries from all areas of CNA.
├óÔé¼┬ó Furnished housing in downtown Chicago is provided to all actuarial interns
├óÔé¼┬ó Higher hourly rates are available to students who have passed one or more exams
├óÔé¼┬ó Consideration for potential Full Time placement upon graduation
Required Knowledge, Skills and Experience:
├óÔé¼┬ó Must be a sophomore or junior pursuing a degree in Actuarial Science, Statistics, Mathematics or any other related degree
├óÔé¼┬ó GPA of 3.25/4.0 required but a GPA of a 3.5 or higher is strongly preferred
├óÔé¼┬ó Interest in the Insurance Industry
├óÔé¼┬ó Interest in pursuing an Actuarial career upon graduation
├óÔé¼┬ó Must have thorough understanding of the Actuarial exam process
├óÔé¼┬ó Ability to work independently as well as in a team environment, and the ability to cultivate and maintain positive business relationships
├óÔé¼┬ó Strong organization and project management skills
├óÔé¼┬ó Excellent interpersonal and communication skills
├óÔé¼┬ó Effective problem solving, analytical aptitude, learn quickly and embrace change
├óÔé¼┬ó Demonstrated leadership ability
├óÔé¼┬ó Must be legally authorized to work in the United States without sponsorship now or in the future

Internship Location:
CNA Corporate Headquarters is located in the heart of Downtown Chicago at 333 S. Wabash Ave, just one block west of Michigan Avenue.

See you all soon!

Best,
Kinga

 

 

Hi all,

This is yet another reminder to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was more than a year ago.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and stamped page you get right after you take a CBT exam at a Prometric examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The above link will be valid up until 8/31. Then the review process will take place, and at the same time, a new link will be posted with a deadline around the end of November.

Stefanos

 

 

Hi all,

You may wish to go to https://www.soa.org/curriculum-changes/curriculum-changes-default/ and read about the changes to ASA and CERA that the SOA has just announced.

Cheers,

Stefanos

 

 

Hi all,

This is the second opportunity this year to claim your $100 reimbursement per exam passed. This link will take you directly to Scholarship Connect to submit your application. A few things to keep in mind:

• You cannot get reimbursed for a passed actuarial exam if it was before May 2015.
• Your application will be rejected if you submit no proof of passing an actuarial exam (either the signed and sealed page you get right after you take the exam at the examination center, or a screenshot of your SOA transcript). 
• You cannot apply if you have already been reimbursed for the same exam from DePaul or from elsewhere.
• The opportunity is open to undergraduate and graduate students regardless of their major.
• Eligible actuarial exams are: P/1, FM/2, MFE/3, MLC, C/4 and S.

A final note: you have the choice to have your full name or just your initials appear on the list of exam passers maintained by the Actuarial Club.

The award will go offline from 6/15 - 7/1 (together with the rest of DePaul scholarships) and will come back online after 7/1.

Stefanos

 

 

          

A Full-day Program for Future Actuaries

  

"Enjoyable and uplifting. I am extremely grateful for attending as it turned out to be everything I'd hoped for and much more." (Feedback survey, Candidate Connect--Seattle, 2015)

Register Now at https://www.soa.org/Professional-Development/Event-Calendar/2016-candidate-connect-chicago.aspx

This is one-of-a-kind event only for actuarial students and candidates. You will find inspiration, practical knowledge, and camaraderie–in short, you will find your people. 

  

Learn, network and grow with us May 20 at the SOA Candidate Connect event in Chicago. 

  

See what's in store for you:

Network all day to meet actuaries, fellow candidates and actuarial employers

Opening general session presentation from SOA President-Elect Jerry Brown

A panel of featured actuaries will take you through an intimate journey of their career and unveil opportunities for you as a future actuary

Keynote speaker Jacob Furst will share what every new actuary needs to know about cybersecurity, a top emerging risk

Informative break-out sessions hosted by actuarial employers Milliman, Swiss Re and Willis Towers Watson, actuarial recruiting firm The Jacobson and SOA section communities  

We look forward to meeting you on May 20! 

  

Society of Actuaries

  

Copyright © 2016. Society of Actuaries. 

475 N. Martingale Road, Suite 600, Schaumburg, Illinois 60173 

P +1 888-697-3900 | F +1 847-706-3599 | SOA.org | candidate@soa.org

Forward to a Friend | Manage Your Email Preferences

 

 

The Actuarial Foundation is accepting scholarship applications for the 2016-2017 academic year. Please notify your students as they may be eligible to apply for the following opportunities:

Actuarial Diversity Scholarship 
Deadline: May 2, 2016

Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship 
Deadline: June 1, 2016

Curtis E. Huntington Memorial Scholarship 
(Formerly known as John Culver Wooddy Scholarship) 
Deadline: June 17, 2016

Check the web address below for scholarship eligibility requirements, guidelines and applications. The Foundation looks forward to receiving applications from your students. 

Thank you,

The Actuarial Foundation 
475 North Martingale Road, Suite 600 
Schamburg, Illinois 60173 
847-706-3535 
www.actuarialfoundation.org 


About The Actuarial Foundation 
The Actuarial Foundation is a 501(c)(3) organization established in 1994 to help facilitate and broaden the actuarial profession's contribution to society. The mission of the Foundation is to enhance math education and financial literacy through the talents and resources of actuaries. The Foundation's vision is an educated public in pursuit of a secure financial future. For more information, please visit www.actuarialfoundation.org.

 

 

 

Hi All,

Just wanted to remind you that the deadline for Allstate Actuarial Award is on 4/17. Both undergraduate and graduate students are welcome to submit applications through Scholarship Connect, and the award is $500. The one strict requirement is to have attempted or passed an actuarial exam!

Also, don't miss the opportunity to request a $100 reimbursement of your actuarial exam fees per exam passed (anytime since last summer), provided you haven't got reimbursed from another source, also through Scholarship Connect. The deadline for that is 5/1.

Cheers,

Stefanos