What kinds of work does the Casualty Actuarial Society fund?

The society funds actuarial research, professional association administration, and scholarship-related support. Recent grants include actuarial research awards to Octagram LLC and the Society of Actuaries Research Institute, plus administrative funding for the Actuarial Foundation and the Network of Actuarial Women and Allies.

Does it support research proposals?

Yes. Active opportunities include Requests for Proposals on customer lifetime value pricing, adapting large language models for specialized property and casualty actuarial use, and Canada-focused research on geographical ratemaking bias linked to climate risk. Several of these opportunities accept unsolicited proposals.

Which types of organizations appear as grantees?

Recent grantees include research firms, universities, and professional associations. Examples from the grant list include Purdue University, Milliman Inc, the Organization of Latino Actuaries, and the International Association of Black Actuaries.

Are any recipients funded in multiple years?

Yes. The Actuarial Foundation received $40,000 in both 2024 and 2025 for administration, and the Organization of Latino Actuaries received $20,000 in both years for administration. Bentley University also appears in both 2024 and 2025 for actuarial research.

What is the typical grant size?

The distribution is centered on smaller awards: p25 is $7,428, the median is $12,500, and p75 is $32,500. Recent grants range from $5,833 to $50,000, with multiple awards in the $6,000 to $20,000 range.

Casualty Actuarial Society

Name: Casualty Actuarial Society — grants, 990 financials & funding data
Creator: Kindora

ActiveScience & Technology

ARLINGTON, VAWebsite7032763100

About Casualty Actuarial Society

Supports the next generation of property and casualty actuaries and furthers the development and dissemination of actuarial research, education, scholarships, and professional credentials.

Focus Areas

Actuarial researchProperty & casualty insuranceRatemaking and reservingReinsuranceRisk management and ERMClimate and catastrophe riskActuarial education and examsScholarships for students

Who They Fund

actuarial researchers / actuarial professionprofessional associationsfoundations and nonprofit organizationsorganizational administrative staff

About Casualty Actuarial Society

The Casualty Actuarial Society centers its grantmaking on the next generation of property and casualty actuaries, with research and education awards that support actuarial science, scholarships, and professional credentials. Its recent grants show a clear pattern of backing both technical work and the organizations that sustain the profession. One of the largest awards went to Octagram LLC for actuarial research, and another major grant supported the Society of Actuaries Research Institute for actuarial research. The foundation also funds administrative support for professional groups such as the Actuarial Foundation, the Network of Actuarial Women and Allies, and the Organization of Latino Actuaries. These awards align with active programs that solicit research proposals on ratemaking, customer lifetime value pricing, large language models for property and casualty actuarial use, and climate-related bias in geographical ratemaking. The result is a funder that uses grants to extend actuarial research capacity, support professional infrastructure, and advance applied work in property and casualty insurance.

What Casualty Actuarial Society Funds

Actuarial research is the clearest throughline in the grant list. The Casualty Actuarial Society gave $44,500 to the Society of Actuaries Research Institute in 2024 and $35,100 to Risk & Regulatory Consulting LLC in 2025, both for actuarial research. It also supported Purdue University, Milliman Inc, Middle Tennessee State University, and Bentley University for research work. The society also funds professional association infrastructure. In 2025 it gave $35,000 to the Network of Actuarial Women and Allies for administration of the association, and it made similar administrative grants to the International Association of Black Actuaries and the Organization of Latino Actuaries. A third area is specialized property and casualty research. Current RFPs include work on customer lifetime value pricing, adapting large language models for specialized P&C actuarial reasoning, and a Canada-focused study of bias or unfair discrimination in geographical ratemaking influenced by climate risks.

How Casualty Actuarial Society Gives

Typical grants cluster in the low-to-mid five figures: p25 is $7,428, median is $12,500, and p75 is $32,500. The recent record includes repeated support for some recipients across years, such as the Actuarial Foundation and the Organization of Latino Actuaries, which both received grants in 2024 and 2025. The society appears to operate through targeted research awards, RFPs, and administrative support for professional organizations rather than individual giving. It also accepts unsolicited proposals for several research opportunities, including the individual grants competition and multiple RFPs.

Financial Snapshot

Annual Giving

$273K

Total Assets

$33.5M

Total Revenue

$22.3M

Total Expenses

$19.2M

Typical Grant Size

Most grants fall between $7K and $33K, with a median of $13K.

25th Percentile

$7K

Median

$13K

75th Percentile

$33K

Geographic Reach

National12 states funded

About 0% of grants go to recipients in IL.

Funding intensity

Low

High

Headquarters

Leadership

VICTOR R CARTER-BEY

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Recipient	Location	Amount	Year	Purpose
OCTAGRAM LLC	GURNEE, IL	$50,000	2025	ACTUARIAL RESEARCH
THE ACTUARIAL FOUNDATION	CHICAGO, IL	$40,000	2025	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE FOUNDATION.
RISK & REGULATORY CONSULTING LLC	CHICAGO, IL	$35,100	2025	ACTUARIAL RESEARCH
NETWORK OF ACTUARIAL WOMEN AND ALLIES	CHICAGO, IL	$35,000	2025	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION.
INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES	CLEVELAND, OH	$32,500	2025	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION.
ORGANIZATION OF LATINO ACTUARIES	CHICAGO, IL	$20,000	2025	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ORGANIZATION.
SOA RESEARCH INSTITUTE	CHICAGO, IL	$10,000	2025	ACTUARIAL RESEARCH
STEM MUSE PBC LLC	AUSTIN, TX	$10,000	2025	ACTUARIAL RESEARCH
GUY CARPENTER & COMPANY LLC	NEW YORK, NY	$8,333	2025	ACTUARIAL RESEARCH
ILLINOIS STATE UNIVERSITY	NORMAL, IL	$7,500	2025	ACTUARIAL RESEARCH
THE UNIVERSITY OF ALABAMA	TUSCALOOSA, AL	$6,667	2025	ACTUARIAL RESEARCH
SOCIETY OF HISPANIC PROFESSIONAL ENGINEERS	LA PUENTE, CA	$6,000	2025	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION.
BENTLEY UNIVERSITY	WALTHAM, MA	$6,000	2025	ACTUARIAL RESEARCH
UNIVERSITY OF TEXAS-DALLAS	RICHARDSON, TX	$5,833	2025	ACTUARIAL RESEARCH
SOA RESEARCH INSTITUTE	CHICAGO, IL	$44,500	2024	ACTUARIAL RESEARCH
THE ACTUARIAL FOUNDATION	SCHAUMBURG, IL	$40,000	2024	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE FOUNDATION.
INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC	WEST HARTFORD, CT	$32,500	2024	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION
INSURANCE INFORMATION INSTITUTE	MALVERN, PA	$30,000	2024	ACTUARIAL RESEARCH
ORGANIZATION OF LATINO ACTUARIES	CHICAGO, IL	$20,000	2024	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ORGANIZATION.
PURDUE UNIVERSITY	WEST LAFAYETTE, IN	$16,000	2024	ACTUARIAL RESEARCH
MILLIMAN INC	SAN FRANCISCO, CA	$12,500	2024	ACTUARIAL RESEARCH
MIDDLE TENNESSEE STATE UNIVERSITY	MURFREESBORO, TN	$11,250	2024	ACTUARIAL RESEARCH
UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE	CAMBRIDGE, MD	$7,428	2024	ACTUARIAL RESEARCH
ILLINOIS STATE UNIVERSITY	NORMAL, IL	$6,342	2024	ACTUARIAL RESEARCH
BENTLEY UNIVERSITY	WALTHAM, MA	$6,000	2024	ACTUARIAL RESEARCH
THE ACTUARIAL FOUNDATION	SCHAUMBURG, IL	$102,660	2023	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE FOUNDATION.
INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES INC	WEST HARTFORD, CT	$30,000	2023	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ASSOCIATION
ORGANIZATION OF LATINO ACTUARIES	CHICAGO, IL	$20,000	2023	TO PROVIDE FUNDING FOR ADMINISTRATION OF THE ORGANIZATION.

Casualty Actuarial Society

About Casualty Actuarial Society

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Who They Fund

About Casualty Actuarial Society

What Casualty Actuarial Society Funds

How Casualty Actuarial Society Gives

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Frequently Asked Questions About Casualty Actuarial Society

What kinds of work does the Casualty Actuarial Society fund?

Does it support research proposals?

Which types of organizations appear as grantees?

Are any recipients funded in multiple years?

What is the typical grant size?

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Casualty Actuarial Society

About Casualty Actuarial Society

Focus Areas

Who They Fund

About Casualty Actuarial Society

What Casualty Actuarial Society Funds

How Casualty Actuarial Society Gives

Financial Snapshot

Typical Grant Size

Geographic Reach

Leadership

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Funding Style

Topics

Where Casualty Actuarial Society Makes Grants

Frequently Asked Questions About Casualty Actuarial Society

What kinds of work does the Casualty Actuarial Society fund?

Does it support research proposals?

Which types of organizations appear as grantees?

Are any recipients funded in multiple years?

What is the typical grant size?

Open Grant Opportunities

CAS Quick Start Research Grant Program

Recent Grants