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F&G pledges $50,000 to extend actuarial competition to underserved high schools


The Actuarial Foundation announced that F&G, a Des Moines-based provider of annuities and life insurance, has made a $50,000 pledge to the foundation’s Modeling the Future Challenge high school competition, supporting the expansion of the math modeling program to Title 1 schools nationwide. F&G’s support will go toward developing educational materials and training activities to provide new resources designed for underserved schools that will each coach at least two teams in the 2021-22 Modeling the Future Challenge. The training kicked off this month for educators including teachers from Denison and Whiting high schools in Iowa. As part of that training, a member of the F&G actuarial team will lead a webinar educating participants on what actuaries do and how they define risk. The competition will be open to eligible Title 1 students who will then have the opportunity to compete in the Modeling the Future Challenge in September. Since its 2016 launch by the Actuarial Foundation, more than 2,000 students nationwide have participated in the Modeling the Future Challenge. “Actuarial science is at the core of our business, and this partnership represents a meaningful, unique platform to provide opportunities for new and diverse talent to enter this important and rewarding field,” said Sean O’Connell, senior vice president and chief product officer at F&G. Any school or student wishing to participate in the 2021-2022 Modeling the Future Challenge can visit www.mtfchallenge.org to learn more.

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