Are you up for the challenge of actuarial work?
High school students competing for scholarships in the 2010-2011 Project Math Minds contest will be
introduced to common insurance concepts and work on a long-term project using Actuarial Mathematics.
For project details and guidelines, go to
Project Math Minds on the Actuarial Foundation's website.
Congratulations to the 2009-2010 Project Math Minds Winners!
The 2010 Project Math Minds assignment revolved around the National Catastrophe Fund. The National Catastrophe
Fund* (known as the NCF or the “Nat Cat Fund”) needs enough money to cover the losses that it expects to have
in the next calendar year. The primary goal of this project was to develop an estimate of the
potential losses that the Nat Cat Fund would bear in the following year.
- Alex Houck from Farragut High School in Knoxville, TN won a $5,000 scholarship. He will be attending the
University of Tennessee in Knoxville.
- Lucia Minah Yang from the Seoul International School in Seoul, Korea won a $2,500 scholarship.
*The use of the project name, National Catastrophe Fund, is for project use only and not to be
confused with any other project, group or organization of similar name or program.