Casualty Actuarial Society

Cover Sheet Executive Summary Our group, “The Super Six” focussed our research on the problem of ethics and actuarial science. As Sholom Feldblum states “The actuary has a dual role: an objective professional providing guidance on insurance issues and a business manager promoting the goals of an insurance company” (Sholom Feldblum, pg.1). The purpose of our research was to determine the most common ethical problems an actuary faces, and the most appropriate methods to solve these problems. Solutions

Definition History on the development of programming in the actuarial profession It has become evident in the work place that programming has become an essential skill. The importance of developing IT skills is highlighted by the Work Based Skills and Actuarial Training Offices (Actuarial Society of South Africa, 2013). Also, historical documentation has emphasized the use of technology in life insurance as well as pension funds as early as the World War II era. Yates (1997,p.60 and 1999,p.5) stated

multiple hard tests during school life and even after college. There are two different types of actuaries. The Casualty Actuarial Society and the Society of Actuaries are the two different types of actuaries. Both of them are still actuaries, but they just work on slightly different things. The Casualty Actuarial Society works a lot more of property of casualty insurance, while the Society of Actuaries deals more with life insurance, health insurance, and retirement/pension plans. They both have to

Students will begin spend the first two years studying mathematics along with introductory economics classing. Once a student reaches their junior year they will begin to take classes more specific towards actuarial work which include statistics, economics, and finances. Theoretical and analytical mathematics are studied during one’s senior year, as actuaries are required to interpret data more than they are required to do raw calculations (Joyce). Classes involving

Actuaries must have a bachelor's degree in mathematics, actuarial science, or statistics. It is also beneficial for students wanting to become an actuary to take writing, speech, and computer science classes. (“Actuaries” 4). Actuaries must be outstanding at math, because if not they need to figure out a new profession

BLAW 2210 Term Paper Career Preparation My top two career choices are corporate financial analysis in investment banking and actuary. I will be discussing the legal environment of my career choices, taxing authorities, entity structure, graduate school in order to obtain certain license, self-assessment of my chosen careers. First, I will discuss how I can work as a corporate financial analysis in investment banking. After that, I will talk about what I need prepare to be an actuary. 1.corporate

an insurance customer may live allows the agency to offer a policy accordingly. As with all careers, you must research how to go about becoming one. To become an Actuary, you must first get your Bachelor’s degree in a related study (mathematics, actuarial science, statistics etc.). A degree in a non-related field is most likely not going to cut it, such as

needed to become an actuary are being an excellent communicator, enjoying math, and being able to work with computers. Also, it is helpful to have a higher education. Many colleges offer actuarial science degrees, but in order to become an actuary, you must pass exams offered by Casualty Actuarial Society or Society of Actuaries. You may retake these tests as many times as needed. Now, not only would you want to take these college courses, but also in high school

describe your extra-curricular activities which demonstrate community service, leadership, and/or volunteerism. Outline your contribution, the time commitment required, and what you learned as a result of participating. I am a representative of the Society of Calgary Undergraduate Math. As a representative, three to four hours per week, or forty-eight to sixty-four hours per semester, are dedicated to office hours, where I am available to anyone who has questions regarding club events and services,

They help foresee the future and all that may go wrong. Organizations benefit from actuarial science because actuaries understand the nature of risk and help to protect from loss. In order to help companies plan for the future, they collect statistical data for further analysis. Also, actuaries design insurance policies, suggest investments