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What is Project Math Minds™?

 

Project Math Minds™ is a scholarship competition aimed at introducing the highly rated actuarial profession to high school students. Project Math Minds™ challenges high school students' ability to conduct sophisticated mathematical analyses and make decisions based on the results - the types of analytical skills that are critical for success in today's ever-changing economic climate. These are the skills that make actuaries experts in managing risk and planning for the future.

The Actuarial Foundation’s 2016 Project Math Minds™ competition was hosted by Liberty Mutual Insurance in Seattle, WA. The project focuses on insuring earthquake losses estimating the amount of money to collect from policyholders in order to pay for the losses expected to occur in the next calendar year.

Congratulations to the 2016 Project Math Minds scholarship winners:

 

                       
Shannon Collier    Shiyao Li

Shannon Collier and Shiyao Li, Shorecrest High School, Shoreline, WA

 

Watch the finalist presentations from the 2015 Project Math Minds Competition, generously sponsored by Prudential Financial, Inc.:

 

About The Actuarial Foundation

The Actuarial Foundation is a 501(c)(3) organization established in 1994 to help facilitate and broaden the actuarial profession’s contribution to society. The mission of the Foundation is to enhance math education and financial literacy through the talents and resources of actuaries. The Foundation’s vision is an educated public in pursuit of a secure financial future.

About our Hosting Organization, Liberty Mutual Insurance

http://www.actuarialfoundation.org/programs/youth/images/pmm-liberty-mutual.jpgLiberty Mutual Insurance helps people preserve and protect what they earn, build,

own and cherish.  Keeping this promise means we are there when our policyholders throughout the world need us most.

In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual is a diversified insurer with operations in 30 countries and economies around the world.  The company is the third largest property and casualty insurer in the U.S. based on 2013 direct premium written as reported by the National Association of Insurance Commissioners. Liberty Mutual is ranked 78th on the Fortune 100 list of largest corporations in the U.S. based on 2014 revenue. As of December 31, 2014, the company had $124.3 billion in consolidated assets, $104.0 billion in consolidated liabilities, and $39.6 billion in annual consolidated revenue.    

      

Liberty employs more than 50,000 people in approximately 900 offices throughout the world, and we offer a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products.  

You can learn more by visiting www.libertymutualinsurance.com.

Congratulations to the 2015 Project Math Minds scholarship winners:

Abhimanyu Choudhary, Winston Li and Alexander Yi, Manalapan High School, Manalapan, NJ

Rishi Bommasani, Manalapan High School, Manalapan, NJ

Bobby Wolfe and Paul Roth, West Milford High School,West Milford, NJ

The Actuarial Foundation reserves the right to change or discontinue any of the noted scholarship programs at any time and without notice. Award recipients are selected at the sole discretion of the Project Math Minds™ scholarship selection committee.