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The Actuarial Foundation’s 2019 Modeling the Future Challenge Symposium will be in Chicago
High School finalists will compete for $55,000 in scholarships at the Westin Michigan Avenue

SCHAUMBURG, IL (April 5, 2019) -- The Actuarial Foundation, the philanthropic institution for the United States, is proud to announce that the Modeling the Future Challenge Symposium, the culminating event for its national scholarship competition, is taking place April 11 and 12 at the Westin Michigan Avenue in Chicago. Nine finalist teams of high school students will present their mathematical models of how future cures or treatments for diseases may affect our lives. Teams had to first pass a qualifying round of scenario response topics to demonstrate their mathematical acumen. Seventy Challenge semi-finalists were then paired with actuary mentors who helped guide the students as they did research, data analysis and drafted their final papers. The students will present their models of the future to a panel of actuaries on April 12 for the opportunity to win up to $55,000 in scholarship awards. The Symposium will also give students the chance to meet with actuaries, learn about college and career opportunities, and explore the city.

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 daily 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 Modeling the Future Challenge is made possible with the generous support of Founding Sponsor Roy and Georgia Goldman, Executive Sponsor Lincoln Financial Group, Champion Sponsor RGA and Event Sponsor Rick and Bethany Jones. 

About The Actuarial Foundation
The Actuarial Foundation, a 501(c)(3) organization, is the philanthropic institution of the industry in the United States. Since 1994, the Foundation has promoted lifelong math education and financial literacy through its learning resources and scholarships. The mission of the Foundation is to enhance math education and financial literacy through the talents and resources of actuaries. The Foundation’s vision is an educated public in pursuit of a secure financial future. For more information, please visit www.actuarialfoundation.org

About the Institute of Competition Sciences
Since 2012, the Institute of Competition Sciences (ICS) has been defining best practices in competition strategy, design and operations. ICS aims to spark a new level of community engagement in science, technology and education by supporting a network of educational competitions. For more information, please visit www.competitionsciences.org

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