Who We Are

Bruin Actuarial Society serves as the undergraduate student organization associated with the Actuarial Program at UCLA. Led by our board of officers, comprised of undergraduate students, we host events throughout the school year to develop our members academically, socially and professionally. We also maintain the Actuarial Program's connections with insurance and actuarial consulting firms and keep our members updated on internship and career opportunities.

BAS hosts the Actuarial Program's largest events of each year, including our Annual Career Fair in the fall, Actuarial Case Competition in the winter, and Spring Banquet. Our Career Fair is one of the largest in the nation, with over twenty firms attending annually. In addition, we host firm representatives for information sessions, resume workshops and mock interviews, professionalism workshops, and technical workshops to teach programming skills. 

Prospective students and firms interested in building connections with UCLA actuaries, always feel free to contact us at bruinactuaries@gmail.com

Winter Quarter Events

starting line on a race track

California Actuarial League (CAL) at UC Berkeley will be holding its Ninth Annual Case Competition in the upcoming months. Information about the event provided by CAL is as follows:

Here are some important dates to remember:

  • Case Competition Kickoff: Tuesday, February 13th
  • Case Package Release: Friday, February 16th
  • Report Submission Deadline: Saturday, March 10th — 9 PM (Saturday, Week 9, Winter Quarter)
  • Final Presentation: Sunday, April 15th — 9:30 AM – 3 PM (Sunday, Week 3, Spring Quarter)

As a heads up, we have decided to change the requirements of the deliverables this year. In addition to a seven-page report and Excel work files, we will require a one-page explanation of your work files.

A Piazza forum is now open for any questions you may have. You must register for the forum here.

We would also like to remind you that the guideline for team formations is a maximum of two upperclassmen in each team of four. Please submit this form, one for each team, by Friday, February 16th 11:59 PM if you are interested in competing!

We will release our Kickoff slides and logistics on the night of the 13th on our Piazza form. Our finals will take place at the UC Berkeley campus.

We will be sending out more information in the next few weeks, and we look forward to your participation. As always, please reach out to us if you have any questions.

For those interested in forming a team, you may leave your contact info here. Please note that this is not a BAS event, so we will not be organizing the formation of teams. Therefore, it is your responsibility to actively reach out to each other to form a team. After registering through CAL's link, each team MUST fill out this form as well.

CAL has graciously planned the competition around our Winter Quarter finals, so this would be a great opportunity for anyone seeking to further develop a multitude of actuarial skills. BAS and UCLA Math will cover all costs for teams of paid BAS members who are selected to present in the final presentation at Berkeley. Please direct questions about the competition to calactuarialcasecomp@gmail.com.

starting line on a race track

We will be hosting our annual LinkedIn Workshop on Thursday, February 15th! Come and join us from 6:00 to 7:00 PM in MS 6627 to learn more about this important social media site for professionals. We'll walk through the steps of creating a profile that will stand out to recruiters, as well as the numerous other features of the platform.

Location: MS 6627
Date: Thu., February 15th, 2018
Time: 6:00 PM - 7:00 PM
Dress Code: Casual
RSVP Here

a spreadsheet with charts and graphs

The Intermediate and Advanced Excel Workshops will be on Thursday, February 1st and Thursday, February 8th, respectively, in MS 6627. We will build on the material taught at last quarter's Excel Workshop I and hopefully leave you with the skills necessary to enter an actuarial internship or entry-level position.

The Intermediate Excel Workshop will focus on advanced formulas and functions:

  • Text manipulation, including CONCAT, LEFT, RIGHT, FIND, LEN, and Text-to-Columns
  • INDEX and MATCH, and how to combine them to generate a more powerful VLOOKUP
  • OFFSET
  • GoalSeek
  • Installing and using Solver

The Advanced Excel Workshop will focus on programming macros in the VBA language:

  • Basic VBA, including object hierarchy, properties & methods, and variables
  • Using the macro recorder
  • Using MsgBoxes and OnLoad
  • Programming reactions and buttons
  • Using arrays

This workshop will assume proficiency in and build heavily upon key basic Excel concepts, including relative and absolute cell references, VLOOKUP, and PivotTables. If you are uncertain of your proficiency, we strongly recommend that you review the resources from that event on our website.

Please RSVP and complete the quiz here if you plan on attending.

Location : MS 6627
Workshop II : Thu., February 1st, 2018
Workshop III : Thu., February 8th, 2018
Time : 6:00 PM - 7:45 PM
Dress Code : Casual
RSVP Here
Workshop II Downloads: Slides/Workbook/Solutions
Workshop III Downloads: Slides/Workbook

a microphone

A big round of applause for all teams that participated in this year's case competition! We hope that everyone, regardless of whether they make it to the Final Round, had a valuable experience working together as a team and learning a bit more about what an actuary does on the job.

We would like to invite all teams and BAS members to attend the Final Round tomorrow evening (Jan. 17th), starting at 6:00 PM. We will have two teams from UCLA, as well as teams and guests from UC Berkeley, UC Santa Barbara, and UC Irvine. Come support your fellow Bruins and learn from all teams' excellent work. Two dozen firm representatives will also be in attendance with retirement actuaries serving as judges. After the winner is announced, you will have the opportunity to network with firm representatives as well as our fellow UC student actuaries.

No need to sign up, but please do dress business casual.

Final Round
 Location: Bruin Reception Room @ Ackerman
 Date: Wed., Jan. 17th, 2018
 Time: 6:00 PM - 9:00 PM

a highway through the desert

We are pleased to announce that our Sixth Annual Bruin Actuarial Society Case Competition, provided by our friends at Aon, will take place during the first two weeks of Winter Quarter.The Competition begins with Kickoff Meeting, which will take place on Tuesday, January 9th at 6:00 PM in MS 6627.

At the meeting, we will have a short presentation covering topics that include the following:

  • Rules
  • Logistics for the First & Final Rounds
  • Tips for designing good PowerPoint slides
  • Tips for presenting your case

We will then have a couple of guest speakers from last year's case competition discuss the value of participating, followed by Q&A and team sign-ups. Teams will also sign up for a time slot to present during the First Round on the evening of Jan. 16th.

If you do not yet have a team of four, including at least two underclassmen, you can gather with others at the end of the event to form groups and sign up. In past years, we've been able to find a team for everyone at the end of Kickoff Meeting.

No RSVP for Kickoff Meeting will be necessary. At least one member from your team must be present to sign-up. However, we imagine that the information will be valuable to everyone, so we recommend attending if possible. The case will be emailed out shortly thereafter.

Kickoff Meeting
 Location: MS 6627
 Date: Tue., Jan. 9th, 2018
 Time: 6:00 PM - 7:30 PM

Fall Quarter Events

computing servers

The first of three Excel Workshops will be on Thursday, November 30th from 6:15 PM to 7:45 PM in MS 6627. This workshop will teach members introductory excel skills, including IF statements, VLOOKUP, and PivotTables.

Many actuarial internships and jobs will expect applicants to have these basic skills. The knowledge will be useful for members who will participate in the Case Competition, to be held early next quarter. Workshops II and III will follow in late-Winter Quarter.

Please RSVP here.

Location: MS 6627
Date: Thu., November 30th, 2017
Time: 6:15 PM - 7:45 PM
Dress Code: Casual
Please download the workshop file here. The answers are available here.

man holding cell phone

Following the great success of Week 7's P&C Workshop, we are hosting our first-ever Health Insurance Workshop. Part I, featuring our alumnus Lorenz Glaza from Kaiser Permanente, aims to demonstrate basic actuarial principles in pricing health insurance and how material learned in class and for exams apply to real-life work. In particular, this workshop will demonstrate the use of mathematical and actuarial principles from the following courses and exams in pricing health insurance.

Probability (Exam P) & Statistics/Construction of Actuarial Models (Exam C)
  • Construction of claim probability distributions
  • Calculating probabilities of hitting deductibles/out-of-pocket maximums using various discrete models
Numerical Analysis / Linear Algebra (Math 151, 33A, and 115A)
  • Regression analysis / Data fitting / Least-squares method
  • Matrix / Vector math
Life Contingencies (Exam MLC) / Financial Mathematics (FM)
  • Present value
  • Single decrement models
  • Financial modeling with Return on investments / Amortization of costs

This event will be on Monday, November 27th from 5:00 PM to 6:30 PM in MS 6229. Please RSVP here. As usual, please dress business casual if you wish to speak to Mr. Glaza.

After the workshop, we will have this year's first Dinner with an Actuary at BJ's in Westwood, part of a long-running series of dinners that BAS hosts where members can get to know an actuary over a meal in Westwood. Four members, one from each class, will be selected at random for dinner with Mr. Lorenz Glaza from those who request consideration through the RSVP form.

Location: MS 6229
Date: Mon., November 27th, 2017
Time: 5:00 PM - 6:30 PM
Dress Code: Business Casual
You can now find the slideshow here

pumpkin

Bruin Actuarial Society and the Undergraduate Mathematics Students Association are hosting a Maths-giving Dinner to celebrate Thanksgiving! The event will be on Monday, November 20th from 6:30 PM to 8:30 PM in the SMC (MS 3974). If you can attend, please RSVP here by Sunday at noon.

We'll be providing food fit for a holiday feast, with main courses and dessert, and vegetarian and vegan options! This is a great chance for you to get to know people in both clubs a little better. We'll take some time to play games like Thanksgiving-edition trivia, with prizes for the winners.

In the spirit of Thanksgiving, we will be collecting canned and other non-perishable food items to donate to the CPO Food Closet in SAC. A donation is not required to attend, but we strongly recommend everyone consider sharing the joy this holiday season if they can.

Location: MS 3974
Date: Mon., November 20th, 2017
Time: 6:30 PM - 8:30 PM
Dress Code: Casual

an automobile's odometer

Is a future in P&C right for you? Come find out!

We are extremely excited to present a wonderful new opportunity for members to learn about the Property & Casualty field, the mathematics behind basic pricing and reserving, and two fantastic companies, Oliver Wyman and Farmers Insurance. Our P&C Workshop will be on Tuesday, November 14th from 6:15 PM to 8:00 PM in MS 6627.

Two UCLA alumni, a consulting actuary at OW and an insurance actuary at Farmers, will be presenting real-life work, complete with discussion of pricing models and reserving techniques. They will also briefly present opportunities at their respective firms. We strongly encourage both underclassmen exploring the actuarial industry and upperclassmen looking to learn about the day-to-day work of both consulting and insurance P&C actuaries to attend this special event.

Please RSVP here by Wednesday, November 13th at noon. Please dress business casual if you wish to speak to the presenters or present a resume.

Location: MS 6627
Date: Tue., November 14th, 2017
Time: 6:15 PM - 8:00 PM
Dress Code: Business Casual
RSVP Here
You can now find the slideshow here.

old-fashioned rotary phone

We all know that analytical and technical skills are necessary to become a successful actuary, but good interpersonal skills are also essential. Please join us for our Communication and Teamwork Workshop on Thursday, November 9th in the Student Math Center (MS 3974) from 6:30 to 8:00 PM. We will participate in fun group activities that will sharpen your communication, problem-solving, and teamwork skills.

Location: MS 3974 (SMC)
Date: Thu., November 9th, 2017
Time: 6:30 PM - 8:00 PM
Dress Code: Casual
RSVP Here

people having conversation in office

Another one of our Professional Development workshops, specifically our Interview Workshop, will be held this Thursday, 11/2 from 6:15 PM to 8:30 PM in MS 6627. Dress code casual.

We will be covering the following topics:

  • Types of interviews (Phone, Webcam, In-person, and On-site) and how each one is different
  • Preparing for an interview: what and how to research
  • Types of interview questions and how to approach them

We highly recommend everyone to attend as interviewing is a necessary skill to have when you are in search of an internship or a full time job. Please RSVP here if you would like to attend.

Location: MS 6627
Date: Thu., November 2nd, 2017
Time: 6:15 PM - 8:30 PM
Dress Code: Casual
RSVP Here
You can now find the slideshow here.

paper and pen with cup of coffee

Recruiting season may already be in full swing, but that does not mean it is too late to polish those resumes! It may be no secret that most recruiters spend on average less than 10 seconds looking at each resume, so let us help your resume stand out. This event will take place this Thursday, October 26th, at 6:15pm in MS 6627.

Please RSVP here by Thursday at noon. This will be a casual dress event. Additionally, if you want feedback on your resume, bring a few copies, and officers can look over them.

Location: MS 6627
Date: Thursday, October 26th, 2017
Time: 6:15 PM - 7:30 PM
Dress Code: Casual
RSVP Here
You can now find the slideshow here.

a dirt road through a forest

Happy Week 3! We will be having our annual Mentorship Mixer this Thursday, 10/19 at MS 3974 (Student Math Center) from 6:30PM to 8:30PM. This year, each officer and experienced senior will be taking 5-6 students as mentees.

We highly recommend this event to underclassmen and transfers, as it is a great way for you to connect with officers and experienced seniors. Your mentors will serve as a resource for you to learn more about the steps you should be taking as a UCLA student to pursue a career in the actuarial field. If you are interested in becoming a mentee, please sign up here. Please also print TWO copies of this info sheet, fill them out with your information, and bring them to the mixer.

Seniors: If you would like to become a mentor, please email us at bruinactuaries@gmail.com as soon as possible. We would really appreciate your help!

Location: MS 3974 (SMC)
Date: Thu., October 19th, 2016
Time: 6:30 PM - 8:30 PM
Dress Code: Casual
RSVP Here

an arrow-shaped sign

Our annual Freshman / International Student Workshop is coming up on Tuesday, October 17th, from 6:15 PM to 8:30 PM in MS 6627. The first hour, from 6:15 PM to 7:15 PM, will be the Freshman Workshop, followed by a 15-minute break, and the second hour, from 7:30 PM to 8:30 PM, will be the International Student Workshop. If you will attend either or both workshops, please RSVP here by noon on Sunday, October 15th.

The Freshman Workshop will first cover an introduction to the actuarial career, a guide to UCLA coursework, and a brief overview of actuarial exams. We will discuss the skills employers are looking for, present some steps to make yourself a strong candidate, and walk through the steps of professional networking. This workshop is by no means restricted to freshmen; we strongly recommend all first-years, first-year transfer students, and any students new to the actuarial field to attend.

The International Student Workshop will cover how international students can best be prepared for recruitment, an introduction to work authorization requirements, salary reporting and taxes, and recent developments with H1-B visa reform.

Location: MS 6627
Date: Tue., October 17th, 2016
Freshman Portion: 6:15 PM - 7:15 PM
Int'l Portion: 7:30 PM - 8:30 PM
Dress Code: Casual
RSVP Here
Slides available here: Freshman/Intl

car dashboard

CSAA, an insurance group that covers more than 20 percent of the San Francisco Bay Area's drivers, is hosting an info session this Monday, October 16th from 6:15 PM to 7:30 PM in MS 6627. Stop by to learn more about one of Northern California's largest automobile and homeowner insurers! Please RSVP here by noon on Sunday, October 15th, and remember to dress business casual if you wish to speak to the firm representatives.

Location: MS 6627
Date: Monday, October 16th, 2017
Time: 6:15 PM - 7:30 PM
Dress Code: Business Casual
RSVP Here

car speedometer

Liberty Mutual Insurance, a leading global insurer with operations in 30 countries and economies around the world, will be holding an information session on Wednesday, 10/11 from 6:15pm to 7:15pm in MS 6627. At the information session you will learn more about Liberty Mutual's open internship positions for the upcoming summer.

Location: MS 6627
Date: Wednesday, October 11th, 2016
Time: 6:15 PM - 7:15 PM
Dress Code: Business Casual
RSVP Here

stack of coins

Fidelity Investments, one of the most diversified financial services companies in the world, will be hosting an information session this Tuesday, 10/10 from 6:00 PM to 7:30 PM in MS 6627. Come learn about the actuarial and consulting internship and full-time positions available in the Fidelity Benefits Consulting group.

Location: MS 6627
Date: Tuesday, October 10th, 2016
Time: 6:00 PM - 7:30 PM
Dress Code: Business Casual
RSVP Here

spider web

We are proud to bring you our Tenth Annual Bruin Actuarial Society Career Fair! This event will take place on Monday, Oct 9th, 2017, in Ackerman Grand Ballroom from 5:00 PM to 7:30 PM. Some of the biggest names in the insurance and consulting industries will be there in one of the largest actuarial career fairs in the country. Everyone, including freshmen and first-year transfer students, is strongly encouraged to attend.

In order to attend the Career Fair, you will have to meet ALL four of the following requirements:

  1. Be a Paid Member - See below.
  2. Attend one of the Career Fair Preparation Workshops on either Monday, Oct. 2nd or Tuesday, Oct. 3rd, from 6:00 PM to 7:30 PM. Sign up for a date when you register for the Fair below.
  3. Register here for the Career Fair by Tuesday, Oct. 3rd at noon. Deadline strictly enforced.
  4. Be dressed in business professional, strictly enforced for the Career Fair.

Thank you to everyone who submitted a resume for our resume book by tonight!

Employers looking to participate in this event can contact us at bruinactuaries@gmail.com

Location: Ackerman Grand Ballroom
Date: Mon., October 9th, 2017
Time: 5:00 PM - 7:30 PM
Dress Code: Business Formal
RSVP Required
Review the Prep. Workshop slides here.

willis towers watson logo

Willis Towers Watson, a global risk management, brokerage, and advisory company and long-time supporter of Bruin Actuarial Society, will be hosting an info session this Thursday, October 5th from 6:00 PM to 7:30 PM in MS 5200. Come learn about the internship and full-time positions available in health & benefits consulting and retirement consulting (actuarial and non-actuarial). If you would like to attend this info session, please RSVP here. If you are unable to attend, our Career Fair is another great opportunity for you to interact with their representatives.

Location: MS 5200
Date: Thu., October 5th, 2017
Time: 6:00 PM - 7:30 PM
Dress Code: Business Casual
RSVP Here

student standing in library stacks

We hope everyone's first week of school went well! Thanks to everyone who joined us at our First General Meeting. You can review the slides here .

Reviewing what we discussed today, you can become a paid member of BAS if you are a UCLA student or alumnus. You will need to (1) pay $40 for annual membership and then (2) fill out the Membership Form.

You can pay in cash at a BAS event or next week's office hours, with times TBD, by Venmo @bruinactuarialsociety, or through PayPal online at the bottom of this site. You will need your receipt number if you paid in cash, your Venmo handle, or the email address associated with your PayPal account to complete the Membership Form. Paid members not already on our mailing list will be added as they complete this process.

people having a conversation

We know you're all excited for our first event of the school year: First General Meeting! The event will be this Friday, September 29th, at 6:00 PM in Boelter 3400. We'll go over our events schedule for this quarter, updates to the FAM major and SOA/CAS exam requirements, and other topics! Your first opportunity to pay for membership, which is required for our upcoming career fair, will be at this event. Come out for free food, and get to know your fellow aspiring actuaries!

You can now review the slides here .

Location: Boelter 3400
Date: Friday, September 29th, 2017
Time: 6:00 PM - 8:00 PM
Dress Code: Casual

Summer Announcements

views of the Royce Hall fresco, MS 4000 lecture hall, and Royce Hall

We are now collecting resumes from our members for our 2017 Resume Book. This book will be presented to all firms attending the Tenth Annual Bruin Actuarial Society Career Fair, to be held in October, as well as to actuarial firms that request it for recruitment purposes.

If you would like your resume to be included, please attach it in PDF format to an email sent to bruinactuaries@gmail.com with the subject line "Resume Book Submission" by Friday, September 29th.

All resumes must:

  • Be in PDF format
  • Not exceed one page. Beware of blank pages at the end of PDFs!
  • Be free of spelling and grammatical errors
  • Those that do not follow these rules will have to be excluded from the book. If you need guidance as you finalize your resume, you can consult last year's Resume Workshop PowerPoint presentation.

Deadline to submit a resume: Fri., Sept. 29th at 11:59 PM.

In continuation of preparation for the career fair and recruiting season, we will be holding mock phone interviews from Tuesday, September 12th to Friday, September 15th. Each mock phone interview will be conducted by two BAS officers, and the interview will last for approximately 30 minutes (20 minutes for the interview and 5-10 minutes for feedback).

Please RSVP here by this Sunday, September 10th, and leave your phone number in the comment box when you are signing up. If you do need to cancel, you can do so on the website. We will open up more time slots if all of the time slots fill up.

Deadline to sign up for an interview: Sun., Sept. 10th at 11:59 PM.

hands typing on laptop

In preparation for our Career Fair and fall recruitment, BAS will once again be holding our annual Virtual Resume Critique over the next few weeks. All BAS current members can now submit their resumes and have them read and critiqued by a BAS officer.

To participate, please email bruinactuaries@gmail.com with the subject line "Virtual Resume Critique: [Insert Name]" and have your resume attached in Word Document format by Sunday, September 3rd. For example, Joe Bruin would have the subject line "Virtual Resume Critique: Joe Bruin". Your resume will be reviewed by a BAS officer and returned with comments.

Just like a resume submission to an actual company for an entry-level position, please be sure that your resume is free of spelling and grammatical errors and that your resume does not exceed one page.

We hope to be of assistance for you for the upcoming recruiting period!

Deadline to submit a resume:
Sun., Sept. 3rd

an old-fashioned rotary telephone

It has always been the mission of the UCLA Financial Actuarial Program to give students the skills and knowledge to succeed as actuaries in the industry. As the actuarial field evolves, this university's courses will follow. Important changes are being made to existing courses, and new courses are on the horizon. Visit our Actuarial Courses page for information about these changes.

Students with questions about the curriculm can contact the Department of Mathematics Undergraduate Student Affairs at ugrad@math.ucla.edu.

leaves

Math 176, a two-unit P/NP course, is returning this Fall Quarter. Acquire the skills and confidence to:

  • Effectively present technical and non-technical material
  • Hook your audience
  • Ace interviews
Comments from Spring 2017 students:
  • “Really a useful course …. I’m glad that I chose to take it”
  • “I like how this class ‘forced’ students to go up there and give a public speech”
  • “It’s a necessity in the long run”
And, from a 2012 graduate:
  • “Communication is one of the most critical soft skills that everyone needs to succeed … I wish the class was offered when I was there”

BAS members who enroll and maintain good standing through the quarter will have the opportunity to attend the Dinner with an Actuary of their choice. Enroll today at MyUCLA!

person holding newspaper

Missed out on the 2016-2017 highlights of BAS?

You can now review the 2016-2017 school year in our "Year In Review Newsletter" here .

Getting Started

Are you a new freshman or first-year transfer student interested in a career as an actuary? Here's how to get started with Bruin Actuarial Society.

  • Sign up for our email list. Fill out this form
  • Like us on Facebook and add us on LinkedIn to stay updated on social media
  • Review our Actuarial Handbook , published and updated every year.
  • Become a paid member by speaking to one of our officers at an event.
Thanks to our Sponsor
Bruin Actuarial Society

Membership

Membership in Bruin Actuarial Society is available to all UCLA students and grants access to all BAS events and programs, including Career Fair, Case Competition, and Spring Banquet. Membership is required to attend workshops and other events, as well as to submit a résumé for our Virtual Résumé Critique. Students are able to sign up and pay for membership at any of our events, including our First General Meeting. Membership is also available to UCLA alumni. For more information, visit our membership page

Contact BAS: Email us at bruinactuaries@gmail.com

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