Thursday, July 24, 2014

UNO Mathematics Department Hosts 2014 IABA Foundation Actuarial Boot Camp

Sometimes things really do add up.

Next week, the University of New Orleans Department of Mathematics will host on campus an "Actuarial Boot Camp" organized by the International Association of Black Actuaries Foundation (IABA Foundation). The Actuarial Boot Camp, slated to run Sunday through Thursday, July 27-31 on the University's Lakefront campus, is an intensive 4-day workshop geared toward preparing students for the interview process associated with obtaining an actuarial internship or entry-level position, said UNO Professor of Mathematics Jairo Santanilla.

Join Us!

The University of New Orleans Mathematics Department hosts a 4-day intensive "Actuarial Boot Camp" from Sunday through Thursday, July 27-31.

For more information, please contact Jairo Santanilla at

Actuaries use mathematics, statistics and financial theory to study uncertain future events, especially financial risk. They are an important part of any management team and play a special role in insurance and pension companies, as well as other types of companies requiring a high level of risk management. Their work, which entails designing and managing programs that control risk, requires a combination of strong analytical skills, business acumen and understanding of human behavior, according to the Society of Actuaries.

The UNO Mathematics Department offers a concentration in actuarial mathematics— the study of risk in a financial setting — and a mathematics curriculum specifically designed to help students pass the Society of Actuaries tests. Courses are designed to help students learn to collect and analyze large data sets; to apply theory to a wide spectrum of practical problems through statistics; or in the industrial and applied mathematics concentration, to study differential equations, mathematical modeling, numerical analysis, and optimization, skills that prepare students to work in a variety of settings.

The boot camp will allow participants a chance to meet and greet professionals at meals and special events. Centered around the theme, "The Actuarial Career Development Road Map," the 4-day intensive will include:

  • a team-building session;
  • an introduction to risk, insurance and insurance products;
  • a "road map" for understanding and navigating the actuarial career pathway;
  • a session on "being an effective intern," that focuses on creating a mission, vision and career plan;
  • a workshop on personal branding and self-awareness;
  • a resume-writing workshop;
  • a working dinner in which participants will review dining etiquette;
  • an "elevator speech" practice session;
  • workshops on using Excel and Access programs for data-mining and graphical capabilities;
  • a case study presentation;
  • an introduction to actuarial modeling;
  • a working dinner focused on social, corporate and international etiquette;
  • a working breakfast in which participants will review how to prepare for exams and be an effective actuarial student;
  • a workshop on developing emotional intelligence;
  • a review of keys to working and networking more effectively with others;
  • an interview skills panel;
  • a workshop on professional communication entitled "What Message Are You Sending?";
  • a networking event simulation, and
  • mock interviews.

The Actuarial Boot Camp to be held next week at UNO precedes "Mission Impossible," the 21st Annual Meeting of the IABA, a two-day networking and professional development conference to be held the Intercontinental Hotel in downtown New Orleans. Attendees will have the opportunity to interact in an intimate environment with high-level executives from IABA's Corporate Advisory Council including Aetna, Allstate, DW Simpson, Ernst & Young, Liberty Mutual, Lincoln Financial Group, Marsh & McLennan, New York Life, Prudential, Towers Watson, Travelers, Santanilla said.


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