OLA Industry Newsletter: February 2023
Thursday, February 9, 2023
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Posted by: Marcela Granados
Dear OLA Community,
This industry newsletter is provided to our professional members, industry sponsors, partners, allies, and subscribers to keep you current with OLA's various activities, spotlight members of our community, and connect you with career and volunteer opportunities.
As an original OLA co-founder, I always believed in the need to have more Latine actuaries in the community. I had the pleasure of serving as Director of Marketing but stepped down from the role after having a baby and not being able to give 100%. A couple
of years later, and I’m super excited to be back as Director of Membership. Our mission involves increasing the number of Latino Actuaries by promoting the profession and providing guidance, mentorship and networking opportunities. But now that we’ve
grown, we also want to help Latinos advance their careers.
I am currently the Global Head of Insurance at Databricks, the Data & AI company. My actuarial skills are super relevant in my role, as I enable the field on insurance trends and use cases. I also apply heavy math and statistical concepts to the solution
accelerators my team of data engineers and data scientists build.
If you are not already on our distribution list, please register for an OLA Member Portal account at members.latinoactuaries.org to receive this newsletter and other important communications!
Please reach out to our newsletter team at newsletter@latinoactuaries.org if you have any questions or feedback (or for corporate sponsors and partners, any items you'd like featured in this newsletter),
and thank you for your continued support of OLA!
Strength lies in differences, not in similarities.
Super excited for what’s to come!
Marcela Granados, FCAS (she/her)
Director of Membership
Table of Contents
- January 2023 Highlights
- Upcoming Events & Announcements
- Community Spotlights
- Career Corner
- Volunteer Opportunities
- Support OLA!
- Connect With Us
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2023 OLA Annual Leadership Meeting
At the end of January, we held our first in-person Annual Leadership Meeting since 2020! The OLA Leadership team got together in Scottsdale, AZ to strategize for 2023, figure out what we can do to make the biggest impact for the community, and of course
spend time bonding and enjoying the limited time together (with a salsa lesson lead by two of our very own Program Managers!).
We'd like to thank the team members at Nationwide, one of OLA's Platinum Sponsors, for their invaluable assistance in planning this year's meeting at their Scottsdale, AZ, offices. We'd also like to thank the employers of many of OLA's Leadership team
members for sponsoring their travel costs associated with attending this year's meeting.
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OLA @ CAS RPM SEMINAR in SAN DIEGO
The Casualty Actuarial Society (CAS) is hosting its Ratemaking, Product, and Modeling (RPM) Seminar from March 13-15, 2023, in San Diego, CA!
Anthony Lucero, OLA's Director of Early Career Development, will be attending the Seminar Luncheon on Tuesday, March 14, 2023, from 12:00 P.M. - 1:30 P.M. to represent OLA as a table host and meet with other OLA members and allies.
Special thanks to the CAS for their generous invitation and support!
Please email Anthony Lucero at events@latinoactuaries.org if you are planning to attend the RPM Seminar so we can plan to connect with you at the event. We look forward to seeing you there!
CAS CALL FOR NOMINATIONS
The CAS Nominating Committee wants your input on the slate of candidates for the 2023 CAS elections for the Board of Directors and President-Elect. Any member may submit a nomination, and if you are a Fellow of the CAS, you are welcome to nominate yourself.
The deadline for submissions in February 24, 2023.
This could be a great way for OLA members to promote themselves as leaders and develop leadership skills outside of their employers!
Click here for more information.
Submit your nominations here.
Spread the news--OLA scholarships
Do you know any Latine students that would benefit from our scholarships? If so, please help us spread the word so we can reach as many students as possible.
The link to the applications can be found here, and applications are due April 15, 2023.
We also encourage students to look at all the scholarships listed in case they qualify for something else. We'd like them to get as much support as possible!
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Lucas Regina
Hometown: Arlington Heights, IL
University: University of Iowa
Major: B.S. Actuarial Science, Data Science, Mathematics, Certificate in Risk Management and Insurance
Expected Graduation Date: December 2024
How has OLA impacted your career? OLA has been such an incredible organization to be a part of! The career fairs hosted by OLA, in particular, introduced me to a variety of employers and helped
me see the opportunities out there. Additionally, being a tutor for exams P and FM allows me to meet motivated, ambitious future actuaries; I am so grateful to be a part of their journey down the exam path!
Lucas has been a volunteer exam tutor for Exams P and FM for our other OLA members!
Ryan Diaz
Hometown: Jacksonville, FL
University: University of Florida
Major: Finance
Expected Graduation Date: May 2025
Tell us a little about yourself: I like playing soccer, pickleball, and basketball. I’m also always looking for fun skate spots and am a frequent hiker!
How has OLA impacted your career? I love helping out with OLA in any way I can. They’ve been instrumental in helping me begin my actuarial career and I will always be grateful for that. They do a great
job and are all incredibly passionate and kind people.
How have you been involved with OLA so far? I have participated in the OLA Academy, been an OLA Campus Ambassador, a member of the Rising Leaders Program,
and have been the recipient of an academic scholarship, an exam reimbursement/stipend, and a conference/convention travel scholarship.
Ryan is currently an actuarial intern at Nationwide!
We enjoy featuring and sharing the stories of members of the Latine actuarial community! If you have a nomination for a spotlight, please ask them to fill out this form with their information/headshot.
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Platinum, GOLd PLus, and Gold Corporate Sponsor Job postings
Please click on the following job posting titles to explore openings sent to us by our Platinum, Gold Plus, and Gold Corporate Sponsors.
- Nationwide
- Ally
- Corebridge Financial
- Allstate
Industry Job Postings
Please click on the following job posting titles to explore additional openings sent to us by government agencies and our industry/community/education partners.
- State of Connecticut
- Purdue University, Mathematics
DO YOU HAVE JOB POSTINGS TO SHARE?
Our Platinum, Gold Plus, and Gold Corporate Sponsors can send us job postings for experienced professionals to be advertised in this monthly newsletter! Postings sent to newsletter@latinoactuaries.org before
February 24, 2023, will appear in the next newsletter that will be sent the first week of March.
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VOLUNTEER WITH OLA!
Are you interested in volunteering with OLA? Sign-in to your OLA Member Portal account and edit your profile to indicate your volunteer interests! If you do not already have an OLA Member Portal account, you can click here to
register.
OLA ACADEMY VOLUNTEER OPPORTUNITIES
OLA Academy, our signature program, is a self-paced and web-based program that helps prospective actuaries navigate the job search process. We provide training on resume writing, interviewing, networking, and designing a LinkedIn profile. Given
the launch of OLA Academy's Spring 2023 Participation Period (which runs through June 30, 2023), we need volunteers for the following:
- OLA Academy Coordinators who will support, guide, and mentor up to ten prospects in the same cohort (college/university students, recent graduates, or career changers).
- Resume Reviewers to help OLA's prospects effectively communicate what they have achieved and why they would be great hires. These volunteers will review resumes for one or more actuarial entry-level applicants, based on availability.
- Mock Interviewers who can coach students on preparing for real internship or full-time job interviews. Some prospects have never interviewed in a professional setting, so you can help us increase their interview experience
and confidence! These volunteers interview around three prospects, on average, based on availability.
- HireVue Submission Reviewers will help us prepare our job seekers in conveying their skills and competencies in a recorded interview. This skill is crucial given the increasing prevalence of virtual interview tools in initial
screening processes. HireVue is the platform we selected given its wide use in the industry. Volunteers will be asked to review mock HireVue screenings and provide written and constructive feedback for OLA Academy participants.
If you're interested in any of the above opportunities, please indicate that interest in the "Volunteer Preferences" field in your OLA Member Portal profile, and email academy@latinoactuaries.org if you have any questions! We will reach out to interested volunteers on a rolling basis to get them onboarded ASAP.
Note that you can volunteer for multiple programs simultaneously (as your schedule permits), so don't hesitate to sign-up if you're already volunteering in another capacity!
VOLUNTEER WITH THE SOA FOR "BE AN ACTUARY DAY" AT TEMPLE UNIVERSITY
The SOA is looking for professionals at the ASA or FSA level to share their passion and experience with future actuaries in the Philadelphia area!
Volunteers will serve as table leads for a high school student-facing event. This event is under the "Be An Actuary" brand, which is a joint effort between the SOA and CAS to grow the pipeline of students in the actuarial profession.
Volunteers will talk about and answer questions about the profession as well as help students work through math problems and games.
This event is scheduled to be held in-person on Monday, March 6 from 9:00 A.M. - 1:00 P.M. at Temple University.
For more information and to apply, please click here.
Volunteer for the CAS Race and Insurance Pricing Task Force
The Casualty Actuarial Society is seeking credentialed Property & Casualty actuaries to participate in our CAS Approach to Race and Insurance Pricing effort.
In 2022, the CAS Board Diversity, Equity and Inclusion Committee supported the publication of the CAS Research Paper Series on Race and Insurance Pricing. The Race and Insurance Pricing Task Force will carry this work forward in 2023 with additional research to address actuarial issues of property and casualty insurance ratemaking that are relevant to the insurance industry discourse on the impact of potential racial bias in insurance, as it supports advancing the body of knowledge of actuarial practice. You are not required to perform research to participate in this task force, unless you want to! The task force charge includes reviewing and refining potential research topics proposed for Phase 2 of the CAS Approach to Race and Insurance Pricing, drafting requests for research proposals on selected topics, evaluating research proposals and participating in project oversight groups for CAS-commissioned research on these topics. The expected time commitment is approximately 20 hours over the first six months of 2023. Potential volunteer time commitments in the second half of 2023 may vary based on the projects kicked off in the first half of the year. If you are interested in joining this task force, email Mallika Bender, DE&I Staff Actuary, at mbender@casact.org.
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CORPORATE SPONSORSHIPS
We have different sponsorship tiers that can fit your company's size and strategy! If you are interested in sponsoring OLA, please e-mail us at info@latinoactuaries.org. We can schedule a call and
provide information you need or answer your questions.
Individual Donations
OLA supports our Latine actuarial prospects (students, career changers, etc.) via scholarship programs, exam materials and registration reimbursements, and our travel program that sends prospects to the ALPFA and GIS conventions to help them network
and secure jobs at the on-site career fairs.
Individual donations of any amount can go a long way in helping us sustain these programs, so please click here if interested in donating!
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