The foundation is creating the Spencer Center for Professional Development in Risk Management and Actuarial Science with a $225,000 grant to the Department of Risk, Insurance and Healthcare Management program
PHILADELPHIA—The Spencer Educational Foundation is awarding a $225,000 grant to fund a career development center within the Department of Risk, Insurance and Healthcare Management (RIHM) at Temple University’s Fox School of Business.
The Spencer Center for Professional Development in Risk Management and Actuarial Science will offer professional development activities specific to students in RIHM.
“We could not be happier to support this project at Temple University’s Fox School of Business,” says Megan Miller, executive director at Spencer. “Temple’s work in preparing students for careers in Risk Management and Insurance and Actuarial Science is paramount in ensuring a robust talent pipeline for our industry. We are honored to be affiliated with the career center and privileged to place the Spencer name behind these efforts.”
Professional development is a key component in the RIHM’s focus on providing students with the skills that will help them find jobs in their chosen industry after graduation and excel throughout their careers. The center will maximize those efforts with financial support for programs, operations and events.
“We are excited to partner with the Spencer Educational Foundation to further enhance our students’ professional acumen as they seek out successful and rewarding careers,” says Dr. R.B. Drennan, associate professor and chair of the Department of Risk, Insurance and Healthcare Management at the Fox School. “We are grateful for Spencer’s support, which will help us continue to transform our students into highly successful professionals.
The center will offer several different activities:
- Career receptions for internship opportunities and pre-graduation career opportunities,
- Resume, interview, etiquette and writing skills workshops,
- Industry speakers, and
- Participation in conferences.
For more information on the center, contact Matthew Coughlin, associate director, Fox School of Business and School of Sport, Tourism and Hospitality Management, at Matthew.Coughlin@temple.edu or 215-204-5332.
About the Spencer Educational Foundation
Established in 1979, the Spencer Educational Foundation funds the education of tomorrow’s risk management and insurance leaders by awarding scholarships, facilitating internship opportunities, providing Risk Manager in Residence programs to universities, and awarding grants to help promote the industry to the next generation. For more information, visit www.spencered.org.
About the Fox School of Business
Temple University’s Fox School of Business is the largest, most comprehensive business school in the Philadelphia region and among the largest in the world, with more than 8,500 students, more than 220 full-time faculty and 70,000 alumni around the globe. The Fox School has a proud tradition of delivering innovative, entrepreneurial programs for the past 100 years. With facilities that provide access to market-leading technologies, the school fosters a collaborative and creative learning environment. Coupled with its leading student services, the Fox School ensures that its graduates are fully prepared to enter the real-world job market.
Graduating from college is a time of excitement, anticipation and anxiety for many. Completing a degree is an achievement to celebrate, and the Class of 2019 will do just that at commencement on May 9 in the Liacouras Center. They will be surrounded by their friends, family, classmates and professors that helped make success a possibility for each of them.
Hundreds of undergraduate students will be receiving BBA’s from the Fox School. To get in the spirit of the season, we caught up with a few graduating seniors to discuss their experiences at the Fox School and what’s next.
Major: Marketing and Supply Chain Management
SPO: Temple University’s Supply Chain Management Association (TU-SCA)
New job: Associate Business Consultant for JDA Software in Dallas, TX
What’s next for Brooke: After graduation, Brooke will be traveling a bit before starting her new job. In June, she will visit Portland with her family. Then, Brooke plans to take a road trip down to her new home in Dallas, exploring the U.S. on her way.
In her position as an associate business consultant, she is part of a one and a half year program where she will work on a variety of projects across diverse industries. After that, if she decides that consulting is right for her, her options for relocation are nearly limitless with JDA Software. If not, Brooke will utilize her network and connections to find the right industry for her. Mainly, Brooke plans to continuously learn and grow as a business professional.
Advice for future Fox students: “Get involved early on. Find what you love to do, and always express a passion about it,” she says. “During interviews and networking opportunities, being able to express and articulate passion sets you apart from the rest.”
Major: Management Information Systems
SPO: Association for Information Systems (AIS)
New job: Risk Advisory Staff at Ernst & Young
Andrea’s experiences at the Fox School and plans for her future: As a junior, Andrea joined the Events Committee for AIS, where she helped plan a host of social and community service events. She also participated in the Data Analytics Competition and the AIS National Case Competition and was selected as a finalist for both awards.
She later presented her case study at the AIS Student Chapter Leadership Conference at the University of Texas, Dallas and won third place for the competition. This year, Temple is hosting the conference, and she was a member of the committee that planned and selected proposals for workshops and panels at the conference.
After graduation, Andrea accepted a full-time position as a Risk Advisory Staff at Ernst & Young.
“The Center for Student Professional Development (CSPD) has helped me greatly in my professional journey,” she says. “I attended everything I could: Professional workshops, career fairs, leadership panels and coffee chats, to network and learn more about specific careers that were calling to me until I decided I wanted to do consulting.”
Major: Actuarial Science
Volunteer organization: Big Brother Big Sisters of America
New job: Actuarial Associate at Prudential Financial
Georges’s life at the Fox School and the role of social responsibility: The highlight of Georges’s time at Temple University was being a Big Brother through the Big Brother Big Sisters of America program. With his mentee, George explored his aspirations and fears, discovered what he wanted for his future and learned the importance of social responsibility. As George embarks on the next stage of his career as an actuarial associate at Prudential Financial, his Little Brother is in high school working toward his goal of being a writer.
“At the start of my journey at Fox, a degree in Actuarial Science seemed like a bold move because, until then, I had nothing but the Internet and my love for mathematics to guide me through a future in this obscure field,” he says. “At that time, success seemed improbable. Yet, in a few weeks, I will start my career as an actuarial associate in a Fortune 100 company.”
SPO: American Marketing Association (AMA)
New job: Marketing Associate at SRS Distribution
Experience Getting CSPD’d: The first in his family to attend college, Cesar was treading new territory as a freshman at the Fox School. He received support from the Fox community and utilized the services provided at CSPD to help with professional development. As a member of AMA, Cesar was able to attend various workshops and guest speaker events that enhanced his knowledge of business.
What’s next for Cesar: By attending Fall Connection, an event hosted by CSPD that links Fox students with business professionals, he was able to meet with his future employer. After graduation, Cesar will start his career at SRS Distribution and is excited to join the ranks of the thriving community of Temple University alumni.
We wish these students and the entire Class of 2019 good luck as they embark on the next phase of their careers or education!
The Fox School of Business will welcome nearly 250 juniors from Philadelphia-area high schools to Temple University for the 7th annual OWLympiad math competition, to be held May 9 at the Howard Gittis Student Center.
Free to attend, OWLympiad offers cash prizes for 11th-graders who are exploring career possibilities in the actuarial science field. Actuaries leverage high-level numerical skills to assume positions in insurance, consulting, investment banking, government organizations, and more.
“This event creates awareness that actuarial science is an appealing career path for someone who loves math, and it’s a great way for local math-minded students to connect with one another,” said OWLympiad coordinator Dr. Krupa Viswanathan, an Associate Professor and Director of the Fox School’s Actuarial Science program.
OWLympiad will challenge teams of four students to demonstrate their knowledge in a range of math-related subjects, including algebra, geometry, and trigonometry. The competition, which begins at 9 a.m., will consist of a multiple-choice exam, a “24” math cardgame competition, and a Quizzo-style lightning round. The team that accrues the most points will be awarded $400. All participating students will receive a customized T-shirt, lunch, and other items provided by the event’s sponsors.
The Fox School’s Risk, Insurance, and Healthcare Management department, as well as the Sigma Chapter of international professional fraternity Gamma Iota Sigma, will host the competition. Travelers Insurance Company and the Casualty Actuarial Society are the event’s sponsors.
Temple University offers one of the most-distinguished Actuarial Science programs in North America, and has been recognized by the Society of Actuaries as a Center of Actuarial Excellence (CAE) – one of only 30 institutions to receive this honor. The Risk, Insurance, and Healthcare Management department has offered engagement opportunities for local high school students for the past 15 years, including OWLympiad.