Newsletter of the International Association of Black Actuaries

JUNE 2019

AUGUST 1–3, 2019 HOUSTON, TX

2019 IABA ANNUAL MEETING

CREATINGCONNECTIONSCAREER, RELATIONSHIPS, & INFLUENCE

Newsletter of the International Association of Black ActuariesJUNE 2019

IN THIS ISSUE

AFFILIATE CORNER .................................................................................................................... 4

NY/NJ AFFILIATE: UNITED THROUGH HISTORY AND SERVICE ...................................................... 4

GODBY HS OUTREACH EVENT FROM THE FLORIDA STATE UNIVERSITY .......................................... 5

MEMBERSHIP COMMITTEE UPDATE ............................................................................................ 6

THE 2019 IABA ACTUARIAL BOOTCAMP ...................................................................................... 8

2019 IABA ANNUAL MEETING .................................................................................................... 9

Contact Information:IABA, PO Box 270701, West Hartford, CT 06127Email: iaba@blackactuaries.orgPhone: 860.906.1286 Fax: 860.906.1369Website: www.blackactuaries.orgNewsletter Committee: Guillaume Moussa, Actuary DAV, CERA (Chair), Stacia Brown, FSA, (Vice-Chair) Alicia Young, Efua Mantey, ACAS, Grace Kabwe, Louis-Landry Mwizero, Jailyn Clark

Mission of IABAThe International Association of Black Actuaries is a professional and student member organization whose mission is to contribute to an increase in the number of black actuaries and to influence the successful career development, civic growth and achievement of black actuaries

Vision of IABATo be the world’s leading actuarial organization dedicated to influencing diversity by developing and recognizing the achievement of black actuaries

2 The Voice | Newsletter of the IABA

IABA Leadership & Board of Directors President/Director - Tenesia McGruder, FSA, MAAAVice President/Director - Dwayne Husbands, FSA, CFA, MAAATreasurer/Director - Kristin Johnson Secretary - Gloria Gilliam, ACAS, MAAAStudent Liaison - Lavell (Arthur) PryorDirectors - Stephen Abrokwah, Ph.D., ASA, CERA, MAAA Alan Newsome, FSA, MAAA Nicassia Belton Monique Hacker-Patterson, FSA, MAAA Ugo Okpewho, FSA, MAAAExecutive Director - Kate Weaver

Committee ChairsAnnual Meeting Chairs - Nicole Harrington, ACAS & Jasmine JohnsonBoot Camp Chair - James King, ACASData Management Chairs - James Laate & Loic FonkouaFinance Chair - Kristin JohnsonMembership Chair - Stephen Cameron, FSA, MAAAMentoring Chairs - Anthony Muturi, FSA, MAAA & Fuad Ligali, FSA, CERA, MAAANewsletter Chair - Guillaume Moussa, Actuary DAV, CERAScholarship Chair - Adrian Cox, FSASocial Media Chairs - Nikaya Smith & Koyin AladesuruSurveys Chair - Nathan OlanderTechnology Chair - Alida RwabalindaVolunteer Chairs - Kendra Letang, ACAS, MAAA & Kamal Harris, FSA

Affiliate LeadersAtlanta - Jessica Morse, ASA, MAAA & Imani FederickBay Area, CA - Marquita RichardsonBoston - Efua Mantey, ACAS & Michelle Muzulu, ACASChicago - Lavell PryorDC - Abena Adusei & Turayo TijaniHartford - Brandon Rosemond & Rodrigue DjikeuchiHouston - Brandon Wright, FSA, MAAAMontreal - Brice Simo & Christelle GuenaingMorgan State - Paulin Yannick MbiakeuNew York/New Jersey - Nkenge Blue, ASA, MAAA, & Lea PetersOhio Region - Kwabena Acheampong-Boamah, ASA, MAAASeattle - Veronica Fontama, FSA, MAAAToronto - Gloria Asare, ACAS, MAAA

PRESIDENT: Tenesia McGruder, FSA, MAAA

VICE PRESIDENT: Dwayne Husbands, FSA, CFA, MAAA

TREASURER: Kristin Johnson

SECRETARY: Gloria Gilliam, ACAS, MAAA

STUDENT LIAISON: Lavell Pryor

DIRECTORS: Stephen Abrokwah, Ph.D., ASA, CERA, MAAA

Nicassia BeltonMonique Hacker-Patterson, FSA, MAAA

Alan Newsome, FSA, MAAAUgo Okpewho, FSA, MAAA

2019 IABA OFFICERS & DIRECTORS

3 The Voice | Newsletter of the IABA

With Martin Luther King (MLK) Day in January and February as Black History Month, the NY/NJ Affiliate kicked off 2019 with a focus on honoring black culture. Their first event of the year was an MLK Day of Service, held at William Dickinson High School in Jersey City. A group of roughly 15 black actuaries gathered on their day off to give to back to the local community. The school was looking to add some color to brighten up their primarily white and beige walls. To help in this initiative, IABA members painted four different murals throughout the school with hopes that the murals will boost school spirit as students head to class.

A month after the MLK Day of Service, the NY/NJ Affiliate hosted a social event titled Blactuary Feud. Held on the last Friday of Black History Month, four teams competed in a Jeopardy-style game, where the questions focused on recent Black history over the past decade. The event was a huge success as over 25 attendees were able to learn a bit more about their history, fill their stomachs with soul food, have some drinks, and get a few rounds of bowling in before the game began. The drinks may explain one team’s answer of Nancy Pelosi to the following question, “This American politician currently serves as U.S. Representative for California’s 43rd district. She has been a member of the U.S. House of Representatives since 1991 and recently went viral for, ‘Reclaiming my time.’”

If interested in being a part of the NY/NJ Affiliate, email leadernynj@blackactuaries.org to be added to the listserv.

AFFILIATE CORNER NY/NJ AFFILIATE: UNITED THROUGH HISTORY AND SERVICE by Nkenge Blue

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Every year, The Florida State University (FSU) IABA affiliate coordinates outreach events with local high schools to introduce their students to actuarial science as a potential career path.

On February 22nd, Co-Ambassadors Kenneth Ukah and Jasmine Harris, and FSU Coordinator of Actuarial Science Steve Paris, attended Amos P. Godby High School to discuss becoming an actuary and IABA’s origin and mission to a group of around fifty students taking advanced math classes.

GODBY HS OUTREACH EVENT FROM THE FLORIDA STATE UNIVERSITY by Brandon A. Wright

5 The Voice | Newsletter of the IABA

Below are some fun facts from the Membership Committee on the year 2018.

IABA has experienced growth in paid member counts over the past five years fueled by a high percentage of college members.

Challenging fact is that we get a lot of new (college) members each year (usually driven by the Scholarship and Boot Camp application process), but we also have a low renewal rate. This is one challenge the Membership committee is looking to start tackling this year.

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100

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2014 2015 2016 2017 2018

OtherStudent Members

Annual Meeting AttendanceProfessional Members

IABA MEMBERSHIP

251tweets

96,937impressions

148retweets

8replies

419likes

198url clicks

23hashtag clicks

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1,350reactions

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SOCIAL MEDIA ENGAGEMENT IN 2018

MEMBERSHIP COMMITTEE UPDATE

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1,253 jobs posted

62 companies

participating

38,040 job views

41 Filled 4 Vacancies

total number of users

22,146page views

89,994avg. time on site

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160 volunteers/committee members

in non-leadership positions

24 studentsattended

$93,000 to28 students

SCHOLARSHIPS

2017 20172018 2018

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32 studentsattended

$114,000 to36 students

CAREER PORTAL PERFORMANCE WEBSITE USAGE

ENGAGE VOLUNTEERS LEADERSHIP OPPORTUNITIES

Below are some fun facts from the Membership Committee on the year 2018. (cont.)

MEMBERSHIP COMMITTEE UPDATE

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THE 2019 IABA ACTUARIAL BOOTCAMP

THE IABA ACTUARIAL BOOTCAMP GIVES STUDENTS THE OPPORTUNITY TO:

• Gain behavioral and technical interview guidance from professional actuaries• Improve presentation skills through the completion of an actuarial case study• Receive resume assistance and networking guidance for navigating the Annual Meeting• Network with likeminded students of color in an encouraging and uplifting environment• Interact and connect with actuarial recruiters prior to the start of the Annual Meeting• Gain career development insights from experienced actuaries

The IABA Actuarial Bootcamp is an

immersive 3.5-day experience, which

serves to prepare students for the rigors of

company recruitment at the IABA Annual

Meeting. Students should expect to receive

career advice, improve speaking skills, and

access a network of professional actuaries

in a welcoming mentoring environment.

The number of applicants has doubled

to 51 this year from two years ago.

The IABA Actuarial Bootcamp provides students with the opportunity to jump start their job search. We’re looking forward to seeing you in Houston!

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2017 2018 2019

24attendees

32attendees

33applications

51applications

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AUGUST 1–3, 2019

MARRIOTT MARQUIS HOUSTONHOUSTON, TX

CREATING CONNECTIONSCAREER, RELATIONSHIPS, & INFLUENCE

Need another reason to save the date? How about a Texas-shaped lazy river!

We are thrilled to announce that registration for the 2019 IABA Annual Meeting is now open. Click here to access the registration link! Space is limited at our conference hotel. For the best rates, book now!

This is an event you don’t want to miss! Take advantage of early bird discounts through July 2.

Interested in sponsoring the Annual Meeting? Click here for more info!

SAVE THE DATE – 2019 IABA ANNUAL MEETING

9 The Voice | Newsletter of the IABA