Actuarial Career Encouragement

Employer Sponsorship Opportunities

The Joint Committee on Career Encouragement of the Casualty Actuarial Society and the Society of Actuaries invites employers to participate in our career encouragement activities. By reaching out to students, educators, and career guidance counselors proactively with career information, we hope to ensure the continued vitality of the actuarial profession by attracting an increasing supply of the best and the brightest actuarial candidates.

How can your company get involved? Through our new Career Encouragement Sponsorship initiative, which is described below. To indicate your interest or desire to participate, please contact either Kathryn Wiener at SOA at 847-706-3501, kwiener@soa.org or Caitlin Jennings at CAS at 703-276-3100, cjennings@casact.org.

Click here to view a list of current career encouragement program sponsors.

Raising Awareness of the Profession

YOU NEED GOOD TALENT

Your company understands the value of individuals who are good at solving problems and identifying, analyzing and managing risks that challenge your business on a daily basis. You seek financial architects who have the quantitative background to provide good analysis for tough business decisions.

You need actuaries because they can do all of this and more.

As someone who hires or works with those who hire actuaries, you understand that finding high-level professionals with these skills is becoming increasingly difficult. More and more, your potential actuarial recruits are being attracted to other professions at an earlier age-mostly because they are not aware of the actuarial profession.

The pool of potential recruits is shrinking . . . while the demand for these financial risk managers is steadily increasing.

ACTUARIAL CAREER ENCOURAGEMENT

At the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS), a joint Career Encouragement Committee is continually working to help build the pool of actuarial candidates for the employment market. We recognize it is vital to build recognition and awareness of the career not only among the potential recruits, but also among individuals who influence their career decisions, namely educators and career counselors.

YOUR ROLE

We invite your support in our career encouragement outreach initiatives. By becoming a sponsor, you will help support a strong and focused effort to ensure a continual supply of future actuarial recruits for your company.

NEW CAREER INITIATIVES

We are pursuing an aggressive new career encouragement initiative. We are reaching out to actuarial candidate influencers and potential candidates in high schools, colleges and universities throughout North America in a way we haven't before to increase recognition of the career. Our objective is simple -To ensure vitality of the actuarial profession by attracting an increasing supply of the best and the brightest actuarial candidates. Your participation in this program is vital to the future direction and growth of the actuarial profession.

Our outreach plans to students include redesigning the career Web site, BeAnActuary.org, which draws 45,000 visitors monthly, and actively ensuring that the actuarial profession is well represented in other career resources. We plan to aggressively distribute our promotional materials specifically to reach the best and the brightest potential actuarial candidates. This includes the Math Association of America's Mathematics Competitions, math, statistics and finance honor societies, the American College Testing service (ACT), and associations that serve educators and career counselors. Our goal is to reach over 250,000 influencers with the potential to reach up to 21 million potential candidates on an annual basis.

We will continue to develop relationships and participate in national exhibits for associations that represent educators and career counselors.

Finally, the SOA and CAS will prepare resources aimed at mobilizing and enabling regional actuarial clubs, affiliates and individual volunteers to reach out to their community schools and participate in or sponsor local career fairs.

Casualty Actuarial Society

The purposes of the Casualty Actuarial Society are to advance the body of knowledge of actuarial science applied to property, casualty and similar risk exposures, to establish and maintain standards of qualification for membership, to promote and maintain high standards of conduct and competence for the members, and to increase the awareness of actuarial science. The Casualty Actuarial Society has nearly 4,000 members.

Society of Actuaries

The Society of Actuaries is a nonprofit educational, research and professional society of 17,000 members who are involved in the modeling and management of financial risk and contingent events. The mission of the SOA is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal problems involving uncertain future events.

To become a sponsor or for more information, please contact: