"The Casualty Actuarial Society (CAS) has selected four universities
to receive the 2016 CAS University Award, an honor created to recognize
schools doing exemplary work in preparing students for a career in the
property/casualty insurance industry.", continues Claims Journal
The schools honored in the
program’s inaugural year include Illinois State University, University
of California, Santa Barbara, University of Connecticut, and University
of Illinois at Urbana-Champaign.
The CAS encourages universities to expose their students to
opportunities in the property/casualty insurance industry. According to
CAS, historically at the university level actuarial students’ awareness
of the property/casualty industry at had been limited; however, with the
growth in interest of actuarial careers, as well as the increasing
demand for the skills of credentialed property/casualty actuaries,
schools have had success incorporating property/casualty curriculum into
their programs.
The selection process for the first CAS University Award Program
considered nominations of 24 schools throughout North America, Asia and
Australia. Schools shared the ways they are exposing their students to
the property/casualty insurance industry in the areas of curriculum,
research, industry engagement and innovation.
Winners of the 2016 CAS University Award Program were determined by a
panel of judges from companies across the property/casualty insurance
industry.
“The selection process was a challenge because there are so many
schools doing really exciting work to prepare our future members,” said
Chris Coleianne, a fellow of the CAS who chaired the CAS University
Award Program.
The four winning schools will be recognized at the 2016 CAS Annual Meeting, taking place November 13-16, 2016 in Orlando.
The CAS plans to conduct its University Award Program annually.
About the Casualty Actuarial Society
The Casualty Actuarial Society (CAS) is a leading international
organization for credentialing and professional education. CAS
credentials demonstrate the expertise to identify, analyze and advise on
the potential financial impact of risk and uncertainty. Professionals
educated by the Casualty Actuarial Society empower business and
government to make well-informed strategic, financial and operational
decisions.
Source: Claims Journal