Awards, Competitions, Prizes & Scholarships

James C.H. Anderson Memorial Prizes

ERM Research Excellence Award

David Garrick Halmstad Prize

John Hanson Memorial Prize

Everett Curtis Huntington Prize

Individual Grants Competition

Wynn Kent Public Communication Award

Actuary of Tomorrow - Stuart A. Robertson Memorial Scholarship

John Culver Wooddy Scholarship

CAS Trust Scholarship


James C. H. Anderson Memorial Prizes
In coordination with friends and former associates of the late James Charles Henry Anderson, AERF Committee of TAF signed an agreement in late 1995 to establish a memorial fund for awards and grants for achievements reflecting innovative, and even iconoclastic, ideas by individuals that reflect the values and leadership that were associated with Mr. Anderson during his lifetime.

The Memorial embraces the concept of rewarding, on an international basis, achievements by individuals in fields related to financial and actuarial matters, especially those of an innovative visionary and iconoclastic nature.

Funds will be used to :

  • Commission papers or other work in actuarial or related fields identified by the AERF Committee as needing study
  • Provide rewards for the best papers submitted to the AERF Committee in response to Calls for Papers on designated topics
  • Provide awards for excellence of papers or for other achievements relating to financial or actuarial matters.

Past Award Recipients

Bowles Symposium 2007 - $10,000

Living to 100 Symposium 2007 - $20,000

Educational Monograph on the Topic of Stochastic Processes and Modeling in Financial Reporting and Capital Assessment - $20,000

Outstanding Contribution to the Actuarial Profession
Hans Buhlmann was awarded the James C. H. Anderson Memorial award for outstanding contribution to the actuarial profession during the last 50 years. The prize, a one-time $10,000 scholarship, has been awarded in Buhlmann's name to his alma mater, University of Zurich. The institution will select the scholarship recipient subject to guidelines on the nature and scope of studies to be funded. The award was presented at the Society of Actuaries 50th Anniversary Celebration and Annual Meeting.

Fellowship Award
Edoh Afambo, a Ph.D. candidate in the Department of Risk Management and Insurance at Georgia State University, was awarded Anderson Memorial Fellowships for the 2000-01 and 2001-02 academic years.  Each $12,000 Fellowship award is in recognition of Mr. Afamboâs past achievements and future ambitions. 

Outstanding Papers at ICA 
At First Prize and two second prizes were awarded for outstanding papers prepared for the 27th International Congress of Actuaries (ICA), held in Cancun, Mexico on 17-22 March.

The First Prize of $10,000 (U.S.) was awarded to Victor Manuel Jimenez Escobar (Mexico) for his paper "Testing the Stability of the Components Explaining Changes of the Yield Curve in Mexico: A Principal Component Analysis Approach." 

Second prizes of $5,000 (U.S.) each were presented to Andrew Wise, Andrew Barnes and Andrew Reid (United Kingdom) for their paper "Risk Sharing in Employer Pension Provision" and to Javier Guitierrez Garcia and Jesus Alan Elizondo Flores (Mexico) for their paper"Credit Risk: The Actuarial Value." 

Copies of the papers are available on the web site of the ICA at www.ica2002.com.

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ERM Research Excellence Award
The Actuarial Foundation presents an award for the best overall paper submitted in response to a Call for Papers, issued in conjunction with the ERM Symposium, for excellence and to recognize its significant contribution to the growing body of ERM knowledge and research. A representative of The Actuarial Foundation will present the Award and $5,000 prize at the ERM Symposium.

2008
B. John Manistre, FSA, FCIA, MAAA, for “A Practical Concept of Tail Correlation”.

PDF 2008 Best Overall Paper

PDF 2008 Article by Steven C. Siegel

2007
Mark Beasley, Don Pagach, and Richard Warr of North Carolina State University for “Information Conveyed in Hiring Announcements of Senior Executives Overseeing Enterprise-Wide Risk Management Processes.”

PDF 2007 Best Overall Paper

PDF 2007 Article by Steven C. Siegel

2006
William Panning, “Managing the Invisible: Measuring Risk, Managing Capital, Maximizing Value.”

PDF 2006 Best Overall Paper

PDF 2006 Article by Steven C. Siegal

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David Garrick Halmstad Prize
The David Garrick Halmstad prize is given annually for actuarial research in memory of David Halmstad, an Associate of the Society, for his significant contributions to actuarial science and research. Funds for the prize were contributed in Mr. Halmstad's memory by his friends and colleagues. The Actuarial Foundation continues to support the prize in his memory.

To select the best paper on actuarial research published each year, a committee of the Society's Education and Research Section examines major English language actuarial journals, nominates outstanding papers, reviews the selected articles, and votes for the best paper. The results of these proceedings are submitted to the AERF Committee of TAF for the final selection. This award follows the year of publication rather than the actual calendar year.


Past Prize Winners

Year of Publication

Author(s)

Title of Paper and Reference
2006 David Blake, PhD, BSC, MSc

Andrew J.G. Cairns, MSc

Kevin Dowd, PhD

“Pricing Death: Frameworks for the Valuation and Securitization of Mortality Risk” Published in Astin Bulletin, Vol. 36, no1, 2006, pp. 79-120
2005 Geoffrey H. Hancock

John Manistre

 

Variance of the CTE Estimator
2004 Leslaw Gajek

Dariusz Zagrodny
“Reinsurance Arrangements Maximizing Insurer’s Survival Probability,” Journal of Risk and Insurance, Vol. 71, 421-435.
2003
A. S. Macdonald, BSc, PhD, FFA; H. R. Waters, DPhil, FIA, FFA and C. T.Wekwete, BSc,MSc, PhD;
"The Genetics of Breast and Ovarian Cancer I: A Model of Family History" and "The Genetics of Breast and Ovarian Cancer II: A Model of Critical Illness Insurance" Scandinavian Actuarial Journal 1-50
     
2002
Dr. Thomas Moller
“On Valuation and Risk Management at the Interface of Insurance and Finance,” British Actuarial Journal, 8, IV, pp. 787–827
     
2001
Dr. Martin Schweizer
“From Actuarial to Financial Valuation Principles,” Insurance: Mathematics and Economics, 2001, Volume 28, Issue 1, pp. 31–47
     
2000
Hans U. Gerber, Ph.D., A.S.A.
Elias S.W. Shiu, Ph.D., A.S.A.
"Investing for Retirement: Optimal Capital Growth and Dynamic Asset Allocation," NAAJ, April 2000, Vol. 4, No. 1, pp. 42-62.
     
1999

Uwe Schmock

"Estimating the Value of the Wincat Coupons of the Winterthur Insurance Convertible Bond: A Study of the Model Risk," ASTIN Bulletin, Vol. 29, No. 1, 1999, pp. 101-163

1998

Hans U. Gerber, Ph.D., A.S.A.
Elias S. W. Shiu, Ph.D., A.S.A.

"On the Time Value of Ruin," NAAJ, January 1998, Vol. 2, No.1, pp. 48-78 and "Pricing Perpetual Options for Jump Processes," NAAJ, July 1998, Vol. 2, No. 3, pp. 101-112
 

1997

Edward W. Frees, Ph.D., F.S.A.
Yueh-Chuan King, Ph.D.
Marjorie Rosenberg, Ph.D., F.S.A.
Virginia Young, Ph.D., F.S.A.
Siu-Wai Lai, Ph.D., A.S.A.

"Forecasting Social Security Actuarial Assumptions," NAAJ, October 1997, Vol. 1, No. 4, pp. 49-82

1996

Edward W. Frees, Ph.D., F.S.A.
Jacques Carriere, Ph.D., F.S.A.
Emiliano Valdez, Ph.D., F.S.A.

"Annuity Valuation with Dependent and Mortality," Journal of Risk and Insurance, June 1996, Vol. 63, No. 2, pp. 229-261
 

1995

Gregory C. Taylor, Ph.D., FIA., F.I.A.A.

"An Equilibrium Model of Insurance Pricing and Capitalization," Journal of Risk and Insurance, Sept 1995, Vol. 62, No. 3, pp.409-446
 

1994

Hans U. Gerber, Ph.D., A.S.A.
and Elias S. W. Shiu, Ph.D., A.S.A

"Martingale Approach to Pricing Perpetual American Opions," ASTIN Bulletin, Vol. 24, 1994, pp. 195-220. and "Option Pricing by Esscher Transforms," TSA, Vol. XLVI, 1994, pp. 99-140.
 

1993

Knut K. Aase

"Equililbrium in a Reinsurance Syndicate: Existence, Uniqueness and Characterization," ASTIN Bulletin, Vol. 23, no. 2, 1993, pp. 185-211 and "Premiums in a Dynamic Model of a Reinsurance Market," Scandinavian Actuarial Journal 1993, pp. 134-160
 

1992

James A. Tilley, Ph.D., F.S.A.

"An Actuarial Laymen's Guide to Building Stochastic Interest Rate Generators," TSA, Vol. XLIV, 1992, pp. 509-538.
 

1991

Patrick L. Brockett, Ph.D.

"Information Theoretic Approach to Actuarial Science: A Unification and Extension of Relevant Theory and Application," TSA, Vol. XLIII, 1991, pp. 73-114
 

1990

Edward W. Frees, Ph.D., F.S.A.

"Stochastic Life Contingencies with Solvency Considerations," TSA, Vol. XLII, 1990, pp. 91-129.
 

1989

Hal W. Pederson,
Elias S.W. Shiu, Ph.D., A.S.A.,
and A. Eric Thorlacius, F.S.A.

"Arbitage-Free Pricing of Interest-Rate Contingent Claims," TSA, Vol. XLI, 1989, pp. 231-265.
 

1988

Henrik Ramlau-Hansen

"The Emergence of Profit in Life Insurance," Insurance: Mathematics and Economics, Vol. 7, 1988, pp. 225-236
 

1987

F. Delbaen and J. Haezendonck

"Classical Risk Theory in an Economic Environment," Insurance: Mathematics and Economics, Vol. 6, 1987, pp. 85-16.

and
C.D. Daykin, G.D. Bernstein,
S.M. Coutts, E.R.F. Devitt,
G.B. Hey, D.I.W. Reynolds,
and P.D. Smith

"Assessing the Solvency and Financial Strength of a General Insurance Company," Journal of the Institute of Actuaries, Vol. 114, Pt. 2, 1987, pp. 227-309
 

1986

Ragnar Norberg

"A Contribution to Modeling of INBR Claims," Scandinavian Actuarial Journal, No. 3-4, 1986, pp. 155-203.
 

1985

Robert P. Clancy, F.S.A.

"Options on Bonds and Applications to Product Pricing," TSA, Vol. XXXVII, 1985, pp. 97-151
 

1984

James D. Broffitt, Ph.D., A.S.A

"Maximum Likelihood Alternatives to Actuarial Estimators of Mortality Rates," TSA, Vol. XXXVI, 1984, pp. 77-142.
 

1983

Anders Martin-Lof

"Premium Control in an Insurance System, An Approach Sharing Feedback and Persisting Scandinavian Actuarial Journal, No. 1, 1983, pp. 1-27.
 

1982

L.A. Balzer, Ph.D.

"Control of Insurance Systems with Delayed Profit/Loss Sharing Feedback and Persisting Unpredicted Claims," Journal of the Institute of Actuaries, Vol. 109, 1982, pp. 285-313
 

1981

Newton L. Bowers, Jr., F.S.A.,
James C. Hickman, Ph.D., F.S.A.,
Cecil J. Nesbitt, Ph.D., F.S.A.

"Dynamics of Pension Funding: Contribution Theory," TSA, Vol. XXXI, 1979, pp. 93-119.
 

1980

William S. Jewell, Ph.D.

"Models in Insurance: Paradigms, Puzzles, Communications, and Revolutions," Transactions, 21st International Congress of Actuaries, Zurich, June 19, 1980, Vol. S, pp. 87-130.
 

1979

James C. Hickman, Ph.D., F.S.A.,
Robert B. Miller, Ph.D.

"Bayesian Bivariate Graduation and Forecasting," ARCH, 1979.3, pp. 99-136.
 

1978

Phelim P. Boyle, Ph.D., F.C.I.A.

"Immunization Under Stochastic Models of the Term Structure," Journal of the Institute of Actuaries, Vol. 105, Pt. II, 1978, pp. 177-187. Also ARCH, 1980.1, pp. 19-29.

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John Hanson Memorial Prize
The John Hanson Memorial Prize is awarded for the best paper on an employee benefits topic.  Submissions are judged on appropriateness of subject material, timeliness of topic, originality and practical application to employee benefits.  Nominations and submissions are open and not limited to U.S. actuaries.  The author does not need to be a member of the Conference.  The prize consists of a cash award, meeting registration fee waiver for the Conference’s Annual Meeting at the time the prize is presented along with a recognition plaque.  Submission deadline is March 15th of each year.

Award Information & Submission Form


Past Award Recipients

Year of Award

Author(s)

Title of Paper and Reference

2008

Aaron Meder, FSA, EA

Renato Staub, PhD.
“Linking Pension Liabilities to Assets” Published October 2007 issue of the Actuarial Practice Forum (APF)
     

2007

Donald E. Fuerst, EA, FSA, MAAA "Risk Allocation in Retirement Plans: A Better Solution"
     

2006

Jeremy Gold, FSA, PhD "Retirement Benefits, Economic and Accounting: Moral Hazard and Frail Benefit Designs"
     

2004

Tony Day "Financial Economics and Actuarial Practice," The Proceedings, Vol. LIV.
  Edward E. Burrows, M.S.P.A., M.A.A.A., E.A. "Fixing the Pension Plan Funding Rules," The Proceedings, Vol. LIV.
     

2000

Robert L. Brown
A.C.A.S., F.C.I.A., F.S.A

"Impacts on Economic Security Programs of Rapidly Shifting Demographics." The Proceedings, Vol. XLIX.
 

1999

Robert J. Rietz, E.A., F.C.A., F.S.A., M.A.A.A.

"Early Retirement Subsidies: A Plan Design Whose Time Has Passed?" The Proceedings, Vol. XLIX.
 

1992

E. Paul Barnhart, F.S.A., M.A.A.A.

"1991 Long Term Care Continuance Tables,"
The Proceedings, Vol. XLI.
 

1991

Daniel F. McGinn, E.A., F.C.A., F.S.A. "Multiemployer Retirement Plans in the 1990s," The Proceedings, Vol. LX.
 

1987

William H. Blake, E.A., F.C.A., F.S.A., M.A.A.A. "1985 Disability Study," The Proceedings, Vol. XXXVI.

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Everett Curtis Huntington Prize
The Everett Curtis Huntington Prize is awarded to the best research paper receiving Associateship or Fellowship credit under the Society of Actuaires educational program for research papers. The prize was established by Curtis E. Huntington to honor his father, Everett Curtis Huntington, a Fellow of the Society who was an actuary at State Mutual Life Assurance Company of America from 1938 until his death in 1971, to make the research paper option for credit as attractive as possible to potential researchers, and to encourage the submission of additional papers under this option.

The prize, which comprises a cash award of $1,000 and a plaque, is awarded under the administration of the AERF Committee of TAF.

With the changes in the examination system effective January 1, 2000, the research paper option is no longer available. The AERF Committee of TAF is considering other criteria for future awards.

Past Award Recipients

Year of Award

Author(s)

Title of Paper and Reference
Award Winners
2002
(No Award)  
 

2000

Hsiu-An Lin, Ph.D., A.S.A.

"A Co-Integrated Multivariate Time Series Model fdor the Economic Assumptions of the OASDI Trust Funds," ARCH 2000.2, pp. 349-399
 

1999

Dorothy L. Andrews, A.S.A., M.A.A.A.

"Simplified Cash Flow Testing of Traditional Participating Whole
Life Insurance
" ARCH
1996.2, pp. 65-178
 

1995

Gary Parker, Ph.D., A.S.A.

"Stochastic Analysis of the Interaction between Investment and Insurance Risks" ARCH 1995.2, pp. 179-224
 

1992

Gordon E. Willmot, F.S.A., F.C.I.A.

"A Queueing Theoretic Approach to Analysis of the Claims Payment Process," TSA XLII (1990), pp. 447-497
Honorable Mention

1992

B. John Manistre, F.S.A., F.C.I.A.

"Some Simple Models of Investment Risk," ARCH 1990.2, pp. 101-177

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Individual Grants Competition
Individuals or organizations interested in seeking a research grant should begin the process with a brief letter of intent outlining the nature of the research project, a rough estimate of the funding requirements, the anticipated distribution of results and the qualifications of the applicant(s). Such letters should be as brief as possible (under two pages generally) while covering all of the points listed. Letters of intent are due in October.

The Research Committees will respond to these initial letters in November. At that time, application forms will be distributed to researchers who are invited to submit proposals for funding consideration. The deadline for submitting formal applications is January and grant awards will be announced in March.

2009 Individual Grants Competition Announcement

2008 Grant Recipients

Completed Individual Grants Competitions Projects

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Wynn Kent Public Communication Award
The Wynn Kent Public Communication Award is awarded to recognize an actuary who has contributed to the public awareness of financial risk and the work product of the actuarial profession to the public in the fields of life, health, casualty, pension and/or in other related areas. The intent of this award is to encourage actuaries to engage in activities that highlight the actuarial profession’s role in financial security issues benefiting the public.

Award Information & Submission Form

Past Award Recipients

Year of Award Recipient Recipient
2008 Ronald Gebhardtsbauer, FSA, EA, MAAA, MSPA, FCA
2007 A. Haeworth Robertson, FSA, MAAA
2006 Anna M. Rappaport, FSA, MAAA

Actuary of Tomorrow Stuart A. Robertson Memorial Scholarship
Stuart A. Robertson, FSA, MAAA, a distinguished actuary, passed away on November 4, 2005 at the age of 87. Mr. Robertson co-founded the actuarial and consulting firm Milliman & Robertson (now Milliman, Inc.) over 50 years ago, together with Wendell Milliman. Mr. Robertson served as CEO and Chairman of the firm for many years prior to his retirement in 1983. He was also active in the actuarial profession, serving on the Society of Actuaries Board of Governors and in other capacities. A scholarship fund was established in 2006 in Stuart Robertson's name at the Actuarial Foundation to honor his dedication to excellence and to recognize his tremendously positive influence on the professional lives of many colleagues. Funding is being provided by Milliman, Inc. and by several of Mr. Robertson's colleagues and friends. .

The Actuary of Tomorrow Scholarship recognizes and encourages the academic achievements of undergraduate students pursuing a career in actuarial science. Applicants must be a full-time undergraduate student entering as a sophomore, junior or senior, must have a minimum cumulative GPA of 3.0 (on 4.0 scale) and must have successfully completed two actuarial exams. The Actuarial Foundation provides an award of $7,500 for education expenses at any accredited U.S. educational institution.

Download the Actuary of Tomorrow 2009 guidelines and application.

Contributions to the Stuart A. Robertson Memorial Scholarship Fund can be made through the Actuarial Foundation, either online or via mail at: ActuarialFoundation.org/donor.

For additional information contact The Actuarial Foundation at: Scholarships@ActFnd.org or 847-706-3535.

Actuary of Tomorrow Scholarship Winners

Year of Award Recipient College/University
2008 Colleen McGlaughlin University of Iowa
Iowa City IA
2007 Keone A. Wilkie St. John's University
Queens, NY
2006 David Liner University of Connecticut
Storrs, CT

John Culver Wooddy Scholarship
The John Culver Wooddy Scholarship is awarded annually to college seniors who have successfully completed at least one actuarial examination, rank in the top quartile of their class and are nominated by a professor at their school. Each year, selected students receive $2,000 scholarships, established by the estate of John Culver Wooddy, a distinguished actuary who set aside funds to provide scholarships to actuarial students.

The AERF Committee of TAF administers the scholarship as part of its mission to carry out research and education projects in the field of actuarial science on behalf of the actuarial profession.

Download The John Culver Wooddy Scholarship 2009 guidelines and application.


Past Scholarship Awards

Year

Recipient

College / University

2008
Kimberly Cessna University of Iowa
Iowa City, IA
  Ian G. Clarke Howard University
Washington, DC
  Andrew Furlan University of Illinois at Urbana - Champaign
Champaign, IL
Ben Kester Northwestern College
Orange City, IA
  Ian McCulla Indiana Wesleyan University
Marion, IN
  Mary Lee Meyer University of Wisconsin - Milwaukee
Milwaukee, WI
  Michelle J. Mitchell Lebanon Valley College
Annville, PA
  David Prevo Illinois State University
Normal, IL
  Ryan Sieberg Carnegie Mellon University
Pittsburgh, PA
  Zi Jun (Shirley) Song University of Waterloo
Waterloo, Ontario, Canada
  Darcy Thomas University of Northern Iowa
Cedar Falls, IA
  Andrew Timcheck Pennsylvania State University
University Park, PA
     
2007
Kyle Bauer Purdue University
West Lafayette, IN
  Nicole Belmonte Bentley College
Waltham, MA
  Shamir Bhimani University of Calgary
Calgary, Alberta, Canada
  Cecilia Cancino Universidad de las Americas
Puebla, Mexico
Jit Seng Chen University of Waterloo
Waterloo, Ontario, Canada
  Jeff Danzig Wharton School
University of Pennsylvania
Philadelphia, PA
  Divyaa Mohan Cass Business School
City of London
London, UK
  Sarah Robinson Saint Mary’s College
Notre Dame, IN
  Xue Ying The University of Hong Kong
Hong Kong
     
2006
Tyler Birkel University of Wisconsin Eau Claire
  Sally Chan University of Waterloo
  Laura Delaney Purdue University
  Yang Gao Worcester Polytechnic Institute
  Shane Latchman

Sir John Cass Business School at City University

  Brent Petzoldt Maryville University
  Sean Ruegg Bentley College
  Jessica Rosso Robert Morris University
  Thomas James Turner Illinois State University
     
2005
Horia Basarabeanu University of South Carolina
  Kenneth S. Birk Pennsylvania State University
  Destiny Coslett Virginia Tech
  Robert J. Egnor Florida State University
  Renneè M. Kitchenman Lebanon Valley College
  Yijing Lin University of North Carolina at Chapel Hill
  Justin Panther Maryville University of St. Louis
  Carol M. Sorenson Illinois State University
     
2004
Andreea Brezaie University of South Carolina,
Columbia, SC
Eric Geissler Murray State University,
Murray, KY
Natalie Lysenko Simon Frasier University,
Burnaby, British Columbia
Wendy Yawen Yu University of Waterloo,
Waterloo, Ontario
 
2003
Gary Chan University of Hong Kong,
Hong Kong
Tristan Christ University of St. Thomas,
St. Paul, MN
Jill McCurdy Central Washington University,
Ellensburg, WA
Lori Peacock Duke University,
Durham, NC

2002

Travis Gaertner University of Illinois,
Champaign, IL
Ge Jennifer Kang University of Waterloo,
Waterloo, Ontario
Michael Petrauskas Florida State University, Tallahassee, FL
Kathryn Robertson University of Western Ontario, London, Ontario

2001

Kelly Baluta Drake University,
Des Moines, IA
Paul Houchens Ball State University,
Muncie, IN
Katherine Karius Robert Morris College,
Corapolis, PA
Michael Lai University of Waterloo,
Waterloo, Ontario
Tamara Schlauch Massachusetts Institute of Technology,
Cambridge, MA

2000

Alexandre Aquereburu Heriot-Watt University,
Edinburgh, Scotland
Neil Gohill University of Calgary,
Calgary, AB, Canada
Shannon Naujock Bryant College,
Smithfield, RI
Benny Wan University of Waterloo,
Waterloo, ON, Canada

1999

Michael B. Hanley University of North Carolina, Chapel Hill, NC
Chen Hui Zhongshan University,
Guangzhou, PR China
May-Yee Ng University of Iowa,
Iowa City, IA
Peter M. Shelley Elizabethtown College, Elizabethtown, PA

1998

Tanya A. Beeke Elizabethtown College, Elizabethtown, PA
Weijian Liang Zhongshan University,
Guangzhou, PR China
Victoria Maile University of Wisconsin,
Madison, WI
Daniel P. Post Lebanon Valley College,
Annville, PA

1997

Jennifer A. Cardello Tufts University,
Medford, MA
Jocelyn Norton Lebanon Valley College,
Annville, PA
Matthew Rustige Maryville University,
St. Louis, MO
Raman Srivastava University of Waterloo,
Waterloo, ON, Canada

1996

Jonathan D. Cramer Elizabethtown College, Elizabethtown, PA
Derek D. Dunnagan University of Illinois,
Urbana-Champaign, IL
Suzette L. Fleischer Concordia College,
Moorhead, MN
Aaron D. Lambright Purdue University,
West Lafayette, IN

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Practitioners Award
A good deal of practical actuarial research goes unpublished and, as a result, unrecognized by the profession. To draw out these research works, the Actuarial Education and Research Fund established the Practitioners Award. The purpose of the award is to acknowledge the considerable research done by actuaries in a nonacademic setting and to encourage the publication of research performed in the working environment. The essential requirement is that the research be practical and innovative. All submissions appear in a special edition of the Actuarial Research Clearing House (ARCH).

The AERF Committee of TAF is currently reviewing this award.

Past Award Recipients

Year of Award

Author(s)

Title of Paper
2000
(No Award)  
   
1999
(No Award)  
   
1998
(No Award)  
   
1997
(No Award)  
     

1996

(No Award)

 
 

1995

Sarah L.M. Christiansen, Ph.D., F.S.A

"Representative Interest Rate Scenarios"
 

1994

Howard L. Slaney, F.S.A., F.C.I.A.

"An Investment Actuary's Approach to ALM"
 

1993

Howard L. Slaney, F.S.A., F.C.I.A

"A Bond Manager's Method for ALM"
 

1992

Robert B. Crompton, F.S.A.

"Actuarial Issues in Prepaid Tuition Contracts"

and
Daniel F. Gogol, Ph.D., A.C.A.S

"An Actuarial Approach to Projecting Catastrophe Cover Rating"

and
Steven P. Miller, F.S.A

"The Taylor Series Approximation for FAS 91 Adjustments"
 

1991

William F. Bluhm, F.S.A.

"The Minnesota Antiselection Model"
 

1990

Thomas N. Herzog, A.S.A.,
and Theresa R. DiVenti

"Modeling Home Equity Conversion Mortgages"
 

1989

Alfred O. Weller, F.C.A.S

"Generalized Bondy Development"
 

1988

Charles S. Fuhrer, F.S.A

"A Method for the Calculation of Aggregate Stop-Loss Premiums"
Honorable Mentions

1994

P. Anthony Hammond, A.S.A

"Premiums in Regional Health Alliances under the Clinton Administration's Proposed Health Security Act"

and
Conrad J. Siegel, F.S.A.

"Pennsylvania Funeral Directors Association Actuarial Study Pre-Need Trusting Legislation"
 

1993

Adam J. Reese, A.S.A., F.C.A., F.I.A.

"Health Care Costs in the Last Year of Life"
 

1988

David L. Creswell, F.S.A.

"Required Surplus with Emphasis on C-2 Risk"

and
David L. Ingram, F.S.A.

"Unreleased Capital Gains on Common Stock As Required Surplus"

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