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News archive - 2019

Friday, October 11, 2019

Interested in Actuarial Science?

Angel Yang

Learn about the program from Angel Yang, a fourth year student majoring in Actuarial Science at the University of Waterloo. In her interview with AdvisorSmith, Angel talks about why she chose to study at the University of Waterloo, her experience on campus, why a co-op program made sense to her, and much more. View the full interview online to see what she has to say.  

If you are interested in pursuing Actuarial Science, Waterloo should be at the top of your list. The Department of Statistics and Actuarial Science (SAS) is considered a top tier academic unit in the field of Actuarial Science.  Our department has one of the world’s largest programs at both the undergraduate and the graduate levels. SAS offers professional masters programs as well as research-oriented masters and doctoral programs in actuarial science and finance. It is home to the bachelor of mathematics in actuarial science program which covers a wide range of courses, including full coverage of the material of the SOA/CAS associateship requirements and some coverage of the SOA/CAS fellowship requirements. With a sizeable actuarial faculty, the range of courses offered is broad and extends well beyond the SOA/CAS syllabi. Students may choose to gain foundational knowledge in life insurance, property and casualty insurance, pensions, risk theory, quantitative finance, and corporate finance. Students who are particularly interested in financial or predictive analytics topics may elect to add either option to their actuarial science honours plan. 

Friday, September 20, 2019

Celebrating Mary Thompson's 50th anniversary in the Department of Statistics and Actuarial Science

(From the left) Jerry Lawless, Jock Mackay, Mary Thompson, Winston Cherry, Steve Brown, Bovas Abraham, and Jack Robinson.

On Wednesday, September 18, 2019, the Department of Statistics and Actuarial Science (SAS) celebrated the 50th anniversary of Professor Mary Thompson as a faculty member in the department. Many current faculty and staff and a number of retired professors gathered in the SAS Lounge and celebrated Mary’s milestone with cake, coffee and fruits. The Vice-President, Research & International, of University of Waterloo, Professor Charmaine Dean, who was a PhD graduate from the department, sent a beautiful bouquet to congratulate Mary on this special occasion. A couple retired faculty members turned the clock back and told stories about Mary during the early days of the department. Mary thanked the department for being her academic home for the past 50 years, and told the younger generation of faculty members that SAS is a “can-do” place to fulfill their full potential and aspiration.  

Mary joined the department in 1969 as one of the first group of statistics faculty members, when the department was still in its infancy (established in 1967). Over the past half a century, Mary has become a fixture of the department, a highly accomplished scholar, and a great inspiration and role model for many students and young faculty members. She has provided dedicated services to the statistical community at all levels, including chair of the department, acting dean of the faculty, first scientific director of the Canadian Statistical Sciences Institute, and president of the Statistical Society of Canada.

Monday, September 16, 2019

Phelim Boyle named Fellow of the Royal Society of Canada

Phelim Boyle

The Department of Statistics and Actuarial Science would like to congratulate Phelim Boyle, along with two other Faculty of Mathematics researchers, on being named a fellow of the Royal Society of Canada (RSC). They are among the seven University of Waterloo researchers to receive this honour and among 93 new fellows elected by their peers for outstanding scholarly, scientific, and artistic achievement across Canada.

Phelim is a professor emeritus at Waterloo and a professor of business and economics and Wilfrid Laurier University. He is an actuary whose seminal research work in finance and insurance has won international recognition. He uses mathematical models to solve problems at the interface of these fields. Boyle has made pioneering contributions to quantitative finance and his ideas have transformed how actuaries handle financial risk. His research has influenced financial practice by providing sophisticated tools for financial institutions to better manage their risks.

Read the full article on Math News.

Wednesday, September 4, 2019

Graduate studies: a consistent model for success

Students working on a blackboard

Four graduate students were awarded a departmental research presentation award by the Department of Statistics and Actuarial Science, but that's not all they have in common. They all came to Waterloo because they knew of the excellence of the Statistics programs, research, and professors. Their backgrounds vary, as do their research areas, but they have all had a great experience.

Friday, August 23, 2019

Speed identified as the best predictor of car crashes


Speeding is the riskiest kind of aggressive driving, according to a unique analysis of data from on-board devices in vehicles.

Researchers at the University of Waterloo examined data from 28 million trips for possible links between four bad driving behaviours – speeding, hard braking, hard acceleration and hard cornering – and the likelihood of crashes.

Read the full article on the Math News site.

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