"Illinois State University is among the universities with the most
Actuarial Foundation scholarship awards," said Illinois State's
Actuarial Program Director Krzysztof Ostaszewski.
In his new role, he will lead the underwriting,
actuarial, product management and product development functions for Merchants.
The Labuan branch of Nicholas
Actuarial Solutions will initially perform
actuarial and risk management work for Labuan insurance companies.
He is a fellow of the Casualty
Actuarial Society and a Member of the American Academy of Actuaries.
"The
Actuarial Foundation has deep expertise in promoting math education in a fun and engaging way.
Throughout the exploration process, the CAS and SOA have identified several potential benefits a combined organisation could offer, including more resources to prepare members for evolving fields and opportunities; a unified
actuarial education system that leverages best practices and innovations from both organisations; enhanced diversity of thought and efficiency to serve members; and, a stronger global brand for the
actuarial profession.
The groups acknowledged that
actuarial science continues to change and evolve, due in part to predictive analytics and other technology, and they said their combined organization could help the profession remain competitive and relevant.
The highly lauded Department of Risk, Insurance and Healthcare Management offers both undergraduate (BBA) and graduate (MS, MBA and PhD) degrees in three program areas:
actuarial science, healthcare management, and risk management and insurance.
As the
actuarial science field has changed in the past two decades with advances in predictive modeling, modern financial economics, and statistical computing methods, there has been a great need for developing modern
actuarial methods that focus on the computational aspects of
actuarial science.
This is the first part of three written by EY that explores the elements of a successful
actuarial transformation.
For the individual market in each state included in the report, CCIIO gives the average monthly premium, the average plan health risk score, the average enrollee age adjustment factor, and the average
actuarial value of the benefits included in the plan.