Cass PhD students win prestigious Society of Actuaries’ research challenge
Students scoop first prize
A team of Cass Actuarial Science PhD students have won the 2018 Society of Actuaries Student Research Case Study Challenge.
More than 70 teams of actuarial students from universities around the world participated in a research competition to apply their actuarial skills to a case study problem that focused on providing advice to a government on how it could fund long-term care for its citizens. The students were required to carry out actuarial analyses, determine an appropriate methodology, test various scenarios, develop solutions and provide policy recommendations to deal with the problem.
The Society will award a grant of $5,000 USD to Cass, as well as giving each team member a cash prize of $500 USD.
Professor Ben Rickayzen, Head of the Faculty of Actuarial Science and Insurance at Cass said:
“This represents a remarkable achievement by our three PhD students. They were able to apply their actuarial knowledge to a realistic social care problem and produce excellent robust and practical recommendations. It is wonderful that they were awarded top prize amongst over 70 entries coming from all over the world. I congratulate them wholeheartedly”.
The team members were: Silvana Pesenti, Khadija Gasimova and Leonel Rodrigues Lopes Junior.
Team members with Dr David Smith, Faculty of Actuarial Science and Insurance
Further details about the competition can be found here.