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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: [email protected]: 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 [email protected] to be added to the listserv.
AFFILIATE CORNER NY/NJ AFFILIATE: UNITED THROUGH HISTORY AND SERVICE by Nkenge Blue
4 The Voice | Newsletter of the IABA
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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2014 2015 2016 2017 2018
OtherStudent Members
Annual Meeting AttendanceProfessional Members
IABA MEMBERSHIP
251tweets
96,937impressions
148retweets
8replies
419likes
198url clicks
23hashtag clicks
348detail expansion
627 F
ollo
wer
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231posts
18comments
1,350reactions
433 G
roup
Mem
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328 p
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SOCIAL MEDIA ENGAGEMENT IN 2018
MEMBERSHIP COMMITTEE UPDATE
6 The Voice | Newsletter of the IABA
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
00:02:22
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
7 The Voice | Newsletter of the IABA
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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50
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2017 2018 2019
24attendees
32attendees
33applications
51applications
8 The Voice | Newsletter of the IABA
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