The Society of Actuaries in Ireland (SAI) has established the Wider Fields Committee to enable its members to reach out into new areas of work, and to promote the profession and broaden its reach beyond the traditional areas where actuaries work.
Recognising that encouraging creative thinking is central to achieving this objective, the Wider Fields Committee is launching a prize for the best University student project that demonstrates a creative use of the actuarial skillset.
Projects should be relevant not just to actuaries but to a wider audience. In keeping with the objective of the Committee, students are encouraged to consider areas beyond those where actuaries traditionally work (specifically insurance & pensions).
The winning team will receive a specially commissioned medal, a cash prize of €2,000, and the opportunity to present their project to members at a Society event.
The deadline for entries for the inaugural 2020 prize is 31st July 2020.
For their entry, each team is required to produce a competition submission which includes:
- A 4-6 minute video presentation.
- A written report (5-10 pages).
- Any supporting data analysis documentation/programmes.
In advance of this deadline, teams are asked to submit an expression of interest (to include a team name and list of members) by 30 April 2020. Expressions of interest and competition entries should be submitted by email to firstname.lastname@example.org.
The winning project will be announced by end October 2020. The prize will be presented at an event organised by the Society.
Please read the 'Prize for the Creative Use of Actuarial Skills (Competition Outline)' document (as attached below) for further details.