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Do you know that the CAS has 14 regional affiliates in North America which provide locally-available CE opportunities? I serve as Vice-President of one such affiliate, the Midwest Actuarial Forum (MAF). We represent actuaries in Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin. Each year, we hold two meetings which provide up to six hours of CE credit per session. In the spring we schedule an event in the Chicago area, where the bulk of our member actuaries reside. In the fall, we get together elsewhere in the region; most recently, in Saint Paul, Minnesota and Columbus, Ohio. These one-day meetings are currently free of charge, thanks to our generous local companies’ offers to graciously host us. These gatherings are wonderful chances to obtain your CE credits, network with your local peers and spend a day out of the office!
This past spring, the MAF held its meeting at the campus of Allstate Insurance in Northbrook, Illinois. It was a great event, with Allstate providing us the perfect meeting space and A/V technology. There were over 150 regional actuaries in attendance. The morning included presentations on the development of class rates, the return on equity calculation and insurance challenges arising from the sharing economy. During the afternoon, we heard from Rob Walling, Pinnacle Actuarial Resources, Inc. Principal and Consulting Actuary, who gave us an update from the CAS Board of Directors. The following segment covered predictive analytics and reserving. We typically end our meetings with a session on professionalism.
The mission of regional CAS affiliates is not only to provide continuing education. We also seek to engage with local universities and students by inviting academics and future actuaries to our meetings, pairing up students with actuaries for the day. We also just announced that we will be awarding two $1,000 scholarships for the 2016/17 academic year. You can find more information on our website. The application deadline is June 15, 2016.
Our CAS regional affiliates are wonderful organizations with which to get involved in both volunteerism and giving back to our profession. The MAF’s board of four volunteer members organize and run the meetings and university engagement. Volunteering for one of these positions has enabled me to network with many actuaries and develop my teamwork, leadership and public-speaking skills. Volunteering is a four-year commitment and, as Vice-President, I’m now in my third year. Each year, a new board member joins as a previous one departs. If you are interested in volunteering, please let us know.
We look forward to seeing you at our upcoming Fall 2016 Meeting! For more information on the MAF, please visit our website at www.casact.org/community/affiliates/maf
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Pinnacle is an actuarial firm focused on property/casualty insurance, including alternative markets, captives, self insureds, enterprise risk management, predictive analytics, commercial lines and more. We serve trucking, insurance, health care, medical professional liability, reinsurance, workers compensation, public entities and other companies and concerns.
Our services include expert witness, loss reserving, litigation support, pricing, ratemaking, rate filing, statements of actuarial opinion, feasibility studies, capital modeling and other actuarial services and products.
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