Membership & Education

ASNA Hot Seat Challenge Student Profiles

In January 2018, we invited students attending the Actuarial Students’ National Association (ASNA) convention to take the Hot Seat Challenge and earn a chance to present at the convention’s Breaking the Paradigm Part 2 session alongside Claude Ferguson, FCIA, Chair of the CIA Emerging Practices Committee.

Congratulations to these future actuaries for taking the hot seat challenge.

Shashank Nath

Shashank NathShashank Nath is an actuarial science student at Carleton University. He chose actuarial science as a career because it will give him the freedom to grow as an individual, both intellectually and emotionally.

How he would like to contribute to actuarial science: “I would specifically like to see if I can integrate my knowledge of actuarial science in the new emerging market of cryptocurrency. It is such a new market, with so much volatility. There is much room for error and mistakes, but also much more room for growth, and another place for me to better myself and actuarial science along with it.”

Sasha Nayar

Sasha NayarSasha Nayar is a third-year student at the University of Waterloo working towards a BMath in actuarial science and statistics. Sasha wants to explore as many industries as possible with his co-op terms. After he graduates, he would like to apply what he’s learned to the sports industry.

How he would like to contribute to actuarial science: “My ideas are very tentative and not well thought out. It would be interesting (and incredibly risky) to develop products for player performance and industry. If a team is paying a player $10M per season, they are expecting a certain level of production. If the player only produces 20 percent of the goals that they were expected to, it's a big theoretical loss to the team. It would be interesting to quantify that loss and quantify the premium needed to insure it.”

Tim Huang

Tim HuangTim Huang is a University of Waterloo (UW) BMath student doing three majors: actuarial science, computer science, and statistics. Passionate about the UW actuarial science community, he spent several terms organizing events for the UW Actuarial Science Club; he is currently the club’s president. Past internships include actuarial software developer in Moody’s Analytics’ GGY AXIS and an actuarial consultant intern at Oliver Wyman.

How he would like to contribute to actuarial science: “Before I graduate, I plan to explore areas in predictive analytics or machine learning, since these topics are becoming more prominent in actuarial science. I intend to use these experiences to promote new modern techniques of data analysis for the insurance industry as an actuary. I plan to obtain my ASA by this year and FSA within a few more years. I would like to develop a wide variety of skills and establish a prominent actuarial role so that I can make a strong impact for the actuarial profession.”

Kamran Karim

Kamran KarimKamran Karim is in his third year of actuarial science at Carleton University. He is the president of the Carleton Mathematics and Statistics Society and works in a statistical analysis role in the Government of Canada. He intends to work with organizations that focus on bringing learning tools, in the areas of his expertise, to youth in developing countries.

How he would like to contribute to actuarial science: “I see the actuarial future as part of every business/non-business activity, as I feel that actuaries have the ability to think through things in a way that a usual person may not be able to. The other place which might be unexplored in the actuarial field would be the use of behavioural economics in our profession. We use data to build models, but what would be good would be to see how people are expected to behave in certain situations, and how they actually behave. What kind of things alter their behaviours, and how can it be altered for the best of everyone in society? The models built could use these observations and have different models based on different policies and their effects on people’s behaviours.”