Penn State’s 2019 Actuarial Science Career Fair saw over 160 students and 30 employers! The Club also hosted 19 company information sessions in the weeks leading up to the Career Fair with industries that included P&C, Life, Health, Consulting, and Retirement. All of our Top Sponsors (Prudential, Cigna, Aetna, and Highmark Health) held on-campus information sessions with great food and dialogue! This year was the first year where a company, Erie Insurance, held a P&C focused session. The session gave an overview of the P&C industry and differences between the CAS and SOA paths. Students attended to learn more about which path they could be a better fit in and the opportunities available. The club is working to increase exposure in the CAS branch. Another P&C company, Starr Insurance, held an information session later on in the fall semester after the Career Fair. Representatives from Starr discussed the many types of P&C insurance that ranged from Cyber Risk to Environmental.
This has been an exciting year in the Actuarial Science Club, with some awesome new resources available for our students. One of the biggest update is that Actuarial Science will be its own major within Smeal, rather than an option, for the 2019 - 2020 school year and onward. While the business major is still housed under the Risk Management department, being its own major means that it qualifies for a STEM designation, an important factor for international students with regard to student visas.