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Society of Actuaries Announces Recipients of 2020 Student Research Case Study Challenge

Schaumburg, IL (May 28, 2020) – The Society of Actuaries (SOA) announced the winners of the 2020 SOA Student Research Case Study Challenge, which include Arizona State University in Tempe, Shenzhen University in Shenzen, China; and the University of California in San Diego.

Actuarial college and university students from around the world participated in this actuarial case study competition. This year’s topic focused on an actuarial valuation of carbon credits. During this eight-week competition, student teams designed a carbon credit program that reduces carbon emissions and generates revenue to fund climate change mitigation. In addition to highlighting their actuarial knowledge and math skills, the students also demonstrated their creativity, cooperation and presentation skills as part of this competition.

These teams included detailed designs of a carbon credit program, its implementation plan and revenue analysis. The team from Arizona State University received first place and a $5,000 grant for their entry. The team from Shenzen University received second place with a $3,000 grant, and the team from the University of California received third place with a $2,000 grant. The three other finalist teams were from Arcadia University, the Renmin University of China and Towson University. See the full list of winners, finalists and semi-finalists.

About the SOA

With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 31,000 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. Visit