The Actuarial Program at the University of Illinois has been approved to grant qualified students eligibility for UEC credits for all SOA exams that can be obtained through UEC credits, namely: FM, FAM_L, FAM_S, FAM, SRM, ASTAM and ALTAM. The final exam to be approved, SRM, will now be offered in the upcoming Spring 2023 […]
Two years ago, the Actuarial Science Club at the University of Illinois at Urbana-Champaign presented the first ever InsureTech symposium organized entirely by actuaries. This year, the Actuarial Science Club joined forces with the Illinois Risk Lab to present our first virtual symposium on March 27, 2021. The Risk Analytics Symposium 2021: Actuarial Innovations to […]
Every year, the Actuarial Science Club (ASC) hosts one of our largest events called Meet the Firms. Students ranging from freshmen to graduates dressed in professional attire line up at each company’s station with a resume in one hand and a handshake in the other. The sound of well-practiced elevator pitches and engaged conversations echo […]
Professors Alfred Chong and Runhuan Feng, and our graduate supervisor Linfeng Zhang, speaks at the Education and Research Section Webcast of the Society of Actuaries, on their timely research project hosted in the Illinois Risk Lab: Pandemic Risk Management: Resources Contingency Planning and Allocation. During the COVID-19 pandemic, an extraordinary shortage of medical resources is […]
Although the pandemic is continuing to change the way of learning, opportunities unfold because of this. In Spring 2020, the Illinois Risk Lab initiated a series of hack night events and received a great echo from students, alumni, and faculties. In Fall 2020, the Illinois Risk Lab is very happy to announce that the hack […]
The pandemic seems to have caused (or even still causing) disruptive changes in our work, study, and daily lives. However, actuaries should see risk as opportunities! In Summer 2020, the Illinois Risk Lab recruited 17 students, including Actuarial Science, Mathematics, Statistics, Economics, and Engineering majors, to launch a web-baesd tool (https://covidplan.io), to showcase the pandemic […]
The pandemic seems to have caused (or even still causing) disruptive changes in our work, study, and daily lives. However, actuaries should see risk as opportunities! In Summer 2020, the Illinois Risk Lab recruited 17 students, including Actuarial Science, Mathematics, Statistics, Economics, and Engineering majors, to launch a web-baesd tool (https://covidplan.io), to showcase the pandemic […]
Professor Zhiyu (Frank) Quan joins the Actuarial Science program at the University of Illinois! Before joining Illinois, he worked for a cutting-edge Insurtech company as an R&D data scientist developing data-driven solutions to major insurance companies. He holds a Ph.D. in Actuarial Science from the University of Connecticut. He has a broad spectrum of research […]
The Illinois Risk Lab are delighted to announce that six projects in Fall 2020 are now calling for applications. Using Text Mining and Natural Language Processing (NLP) to Extract Actuarial-Related Information from Online Customer Reviews for Businesses covidplan.io Maintenance and Development Implied Value-at-Risk: Model-Free and Forward-Looking Risk Estimates for the US Banks AI-Powered Lifecycle Financial […]
The University of Illinois at Urbana-Champaign is one of four recipients of the 2020 CAS University Award from the Casualty Actuarial Society (CAS). The annual award program celebrates and honors universities committed to fostering the development of the next generation of property and casualty actuaries. This is the second time Illinois has been recognized with […]