Announcing New CAS/SOA Joint Committee for Inclusion, Equity and Diversity of the Actuarial Profession
Arlington, VA and Schaumburg, IL (September 4, 2019)—The Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA) announced the creation of a new CAS/SOA Joint Committee for Inclusion, Equity and Diversity (JCIED). This joint committee will focus its resources and programs on inclusion and diversity to support candidates and both the CAS and SOA membership.
SOA President James M. Glickman, FSA, MAAA, CLU, commented, “The CAS and the SOA are both committed to overcoming barriers to entry and advancement for demographically underrepresented groups. The JCIED will more effectively reach those candidates and future members for the betterment of the entire actuarial profession.”
This new committee replaces three pre-existing committees: the SOA Inclusion & Diversity Committee, the CAS Diversity Committee, and the CAS/SOA Joint Committee on Career Engagement and Actuarial Diversity. This new committee will identify best practices to build a successful diversity and inclusion program for the actuarial profession. The joint committee seeks to work with experts from a broad range of backgrounds, including employers and other professional associations.
CAS President James K. Christie, FCIA, FCAS, noted, “This committee will work to foster awareness of the profession among diverse audiences. I’m glad to see the CAS and SOA working together to establish and implement programs supporting inclusion and diversity on behalf of the profession and our respective memberships.”
The JCIED will identify opportunities and issues related to diversity and inclusion within the two organizations and may recommend solutions to the CAS and SOA leadership.
About the Organizations
The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 8,700 members worldwide. Professionals educated by the CAS empower business and government to make well-informed strategic, financial and operational decisions.
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 32,000 actuaries as members. Through research and education, the SOA’s mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal challenges. The SOA’s vision is for actuaries to be the leading professionals in the measurement and management of risk.