2010 Cagny Scholarship Programe

February 19th, 2010

2010 Cagny Scholarship

About CAS :
In the early 1900s in the United States, problems requiring actuarial treatment were emerging in sickness, disability, and casualty insurance-particularly in workers compensation, which was introduced in 1911. The differences between the new problems and those of traditional life insurance led to the organization in 1914 of the Casualty Actuarial and Statistical Society of America, with 97 charter members of the grade of Fellow. Dr. I.M. Rubinow, who was responsible for the Society’s formation, became its first president. The Society adopted its present name in 1921.

Since the problems of workers compensation were the most urgent, many members played a leading part in developing the scientific basis for that line of insurance.

From its inception the Society has grown constantly, not only in membership, but also in range of interest and in scientific and related contributions to all lines of insurance other than life, including automobile, fire, homeowners, commercial multiple peril, and others.

Objective :
The objective of the scholarship is to further students’ interest in the property/casualty actuarial profession and to encourage the pursuit of the Casualty Actuarial Society designations.

Eligibility :
The CAGNY Scholarship Program is available to any U.S. or Canadian citizen or holder of a permanent resident visa who is currently a full-time student at a U.S. or Canadian college or university, and will attend a U.S. or Canadian college or university as a full-time student for the 2010-2011 academic year. An applicant must have demonstrated high scholastic achievement and strong interest in pursuing an actuarial career in the property/casualty insurance industry.

Preference will be given to applicants native to the Greater New York area or attending universities in the Greater New York area.

Procedure :
An application is considered complete when it includes:

  • The 3-page CAGNY Scholarship application.
  • The recommendation form included with this application, preferably completed by an instructor who knows the applicant well.
  • A current official transcript.
  • Completed applications are due by April 15, 2010. Additional applications are available from CAGNY and online at the CAGNY web site. Winners will be notified during May 2010 and will be invited to attend the CAGNY spring meeting.

Amount of Scholarship :
Scholarships are awarded on the basis of individual merit. CAGNY expects to award up to $3,000 to one or more qualified candidates for the 2010-2011 academic year.

Contact :
Michael Dubin
CAGNY Education Chairperson
Casualty Actuarial Society
4350 N. Fairfax Drive
Suite 250 Arlington, Virginia 22203
Phone: (609) 219-8876
E-mail: CAGNY@casact.org

Source : http://www.casact.org/

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