{"id":9129,"date":"2023-02-21T08:51:27","date_gmt":"2023-02-21T14:51:27","guid":{"rendered":"https:\/\/www.wisconsin.edu\/all-in-wisconsin-new\/?post_type=campus_story&#038;p=9129"},"modified":"2023-02-21T08:51:27","modified_gmt":"2023-02-21T14:51:27","slug":"international-organization-recognizes-uw-eau-claires-actuarial-science-program-as-one-of-the-best-in-the-world","status":"publish","type":"campus_story","link":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/story\/international-organization-recognizes-uw-eau-claires-actuarial-science-program-as-one-of-the-best-in-the-world\/","title":{"rendered":"International organization recognizes UW-Eau Claire\u2019s actuarial science program as one of the best in the world"},"content":{"rendered":"<section>\n<figure id=\"attachment_9131\" aria-describedby=\"caption-attachment-9131\" style=\"width: 1920px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.wisconsin.edu\/all-in-wisconsin-new\/wp-content\/uploads\/sites\/378\/2023\/02\/EAU_winter_20453-20221215-Winter-Scene-76-002-feature.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-9131 size-full\" src=\"https:\/\/www.wisconsin.edu\/all-in-wisconsin-new\/wp-content\/uploads\/sites\/378\/2023\/02\/EAU_winter_20453-20221215-Winter-Scene-76-002-feature.jpg\" alt=\"Photo of UW-Eau Claire campus in winter\" width=\"1920\" height=\"824\" \/><\/a><figcaption id=\"caption-attachment-9131\" class=\"wp-caption-text\">UW-Eau Claire\u2019s actuarial science program is one of four university programs in the world to receive the 2022 CAS University Award, recognizing the exemplary ways it prepares students for a career in the property and casualty insurance industry. Over the past 20 years, the university\u2019s actuarial science program has grown from a small emphasis within its math major to a large, stand-alone program. (Photo by Shane Opatz)<\/figcaption><\/figure>\n<\/section>\n<section>The University of Wisconsin-Eau Claire\u2019s\u00a0<a href=\"https:\/\/www.uwec.edu\/academics\/programs\/undergraduate\/actuarial-science\/\">actuarial science program<\/a>\u00a0is among the best in the world, according to the Casualty Actuarial Society, an organization with more than 9,000 members worldwide.UW-Eau Claire\u2019s program is one of four university programs to receive the 2022 CAS University Award, recognizing the innovative and exemplary ways it is preparing students for a career in the property and casualty insurance industry.It\u2019s an honor to have the program recognized by a \u201cprestigious organization on a worldwide stage,\u201d says\u00a0<a href=\"https:\/\/www.uwec.edu\/profiles\/preslekk\/\">Kristopher K. Presler<\/a>, professor and actuarial science program director. He says the award reflects the hard work the program\u2019s faculty, students and alumni have done to build an exceptional program that prepares Blugolds for future success in the field of actuarial science.\u201cOver the past 20 years, actuarial science has grown from a small emphasis within our math major to a large, stand-alone program,\u201d Presler says. \u201cThe focus of our efforts has always been on the student experience; ensuring that they emerge with the skills to succeed and an appreciation for the challenges within this field.\u201dPresler says UW-Eau Claire\u2019s property and casualty industry partners have been vital to the program\u2019s growth and success.<\/p>\n<p>Actuaries use mathematics, statistics and financial theory to assess the likelihood of future events, develop policies and strategies to reduce the likelihood of undesirable events and to minimize the impact of undesirable events that do occur. Its work is essential to the insurance industry.<\/p>\n<p>UW-Eau Claire\u2019s actuarial science program has four faculty members and approximately 100 actuarial students. The university impressed the award program\u2019s judges with its focus on property and casualty insurance across curriculum, research and industry engagement.<\/p>\n<p>\u201cThis award provides an endorsement of our efforts thus far, while also providing inspiration to further enhance the learning experiences for our students to build foundations for successful future careers in the P&amp;C industry,\u201d says Presler, who has Fellow of the Society of Actuaries certification.<\/p>\n<p>The CAS is the world\u2019s only actuarial organization focused exclusively on property and casualty risks, serving members worldwide who work for insurance companies, educational institutions, state insurance departments, federal government agencies and independent consulting firms.<\/p>\n<p>The CAS University Award Program is an annual program designed to celebrate and honor universities that share a commitment to fostering the development of the next generation of property and casualty actuaries. The selection process is competitive, with just 21 programs receiving the designation since the award was established in 2016.<\/p>\n<p>Three other schools were also recognized as 2022 winners: Bryant University, Drake University and Sri Sathya Sai Institute of Higher Learning. Winning schools will each receive a $5,000 monetary award to further enhance their programs.<\/p>\n<\/section>\n<hr \/>\n<p>Written by Judy Berthiaume<\/p>\n<p>Link to original story: <a href=\"https:\/\/www.uwec.edu\/news\/news\/international-organization-recognizes-uw-eau-claires-actuarial-science-program-as-one-of-the-best-in-the-world-5575\/\">https:\/\/www.uwec.edu\/news\/news\/international-organization-recognizes-uw-eau-claires-actuarial-science-program-as-one-of-the-best-in-the-world-5575\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The University of Wisconsin-Eau Claire\u2019s\u00a0actuarial science program\u00a0is among the best in the world, according to the Casualty Actuarial Society, an organization with more than 9,000 members worldwide.UW-Eau Claire\u2019s program is one of four university programs to receive the 2022 CAS University Award, recognizing the innovative and exemplary ways it is preparing students for a career [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":9131,"comment_status":"closed","ping_status":"closed","template":"","institution":[96],"story_category":[],"class_list":["post-9129","campus_story","type-campus_story","status-publish","has-post-thumbnail","hentry","institution-uw-eau-claire"],"_links":{"self":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/campus_story\/9129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/campus_story"}],"about":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/types\/campus_story"}],"author":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/comments?post=9129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/media\/9131"}],"wp:attachment":[{"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/media?parent=9129"}],"wp:term":[{"taxonomy":"institution","embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/institution?post=9129"},{"taxonomy":"story_category","embeddable":true,"href":"https:\/\/www.wisconsin.edu\/all-in-wisconsin\/wp-json\/wp\/v2\/story_category?post=9129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}