In May, the Department of Mathematics and Milliman, a global independent risk management, benefits and technology firm, launched a new actuarial mentorship program for students of underrepresented minorities at the University of Illinois. The Milliman Mentorship Program allows students to learn about the field from a practicing actuary at Milliman through a series of meetings. In addition to learning from a mentor, students will be offered financial aid to help cover the costs of their first actuarial exam, including both financial support of prep materials and exam sitting fees. These exams are critical steps along the path to becoming an actuary and are often required by employers for both internships and full-time job offers.
The Milliman Mentorship Program, which runs through May 15, 2022, is currently targeted towards students of color, early in their college career, who may be interested in a STEM-oriented career.
“The initiative will greatly help to attract students of color and raise awareness and visibility of our program among prospective students,” said Professor Runhuan Feng, director of the UIUC Actuarial Science Program. “We are very excited about this new partnership with Milliman, which has a long tradition and history of advancing social causes.”
Upcoming application deadlines for the program are Aug. 30, 2021, and Jan. 24, 2022. Interested candidates can apply at go.math.illinois.edu/MillimanMentorship.
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