The Actuarial Foundation is proud to announce the finalists for the Modeling the Future Challenge
December 22, 2017
Finalists will present their projects at the Symposium in February
The Actuarial Foundation is proud to announce the finalists in the Modeling the Future Challenge, a national scholarship competition aimed at introducing the actuarial profession to high school students. Selected from 52 participating student teams from across the country, the Modeling the Future Challenge finalists are; Abhijit Gupta, Sam Ferguson and Julia Wang from North Carolina School for Science and Mathematics in Durham, North Carolina, Reese Ketsdever and Niav Layton from Castilleja in Palo Alto, California, Tyler Blaess and Rohan Gupka from Waukee APEX in Waukee, Iowa, Quinn Schroeder and Skye Seo from Waukee APEX in Waukee, Iowa, John Li, Vedant Singh and Brandon Zhu from The Wheatley School in Old Westbury, New York and Aditi Menon from Saint Francis High School in Sunnyvale, California.
These students were challenged to develop their own mathematical models of how autonomous vehicles might change the future. Brian Donlan, FCAS, MAAA, Trustee of The Actuarial Foundation and Modeling the Future Challenge judge, was thrilled with the quality of each of the student entries: “There was a lot of effort put into the Modeling the Future submissions. The students demonstrated clear passion about the future of autonomous vehicles and their impact on the industry, insurance and society-at-large. I was most impressed with the mathematical methods and creativity in attempting to quantify the impact of autonomous vehicles on the future.”
In designing the Challenge, the Foundation and its partner, the Institute of Competition Sciences, wanted students to learn how mathematics applies to cutting-edge industries and technologies and to gain exposure to highly sought-after careers as actuaries and other math-related professionals. “I’m pleased that The Actuarial Foundation has created an opportunity for students to see how mathematics, modeling, and their imagination can be applied to analyze major issues that affect society. Actuaries use these skills on a daily basis to serve the public. We hope that this competition will give students an incentive to continue to develop their mathematical skills and apply them for the public good,” said Roy Goldman, FSA, MAAA, CERA, Trustee of The Actuarial Foundation and Modeling the Future Challenge committee member.
The finalists will travel to the Modeling the Future Symposium in New York City to present their models of the future to a panel of actuaries for the opportunity to win a portion of up to $55,000 in scholarship awards. The Symposium, held February 25 and 26, will give finalists the chance to meet with actuaries, learn about college and career opportunities, and explore the city.
The Modeling the Future Challenge is made possible with the generous support of Gold Sponsor Roy and Georgia Goldman, and Bronze Sponsors, New York Life and RGA.