North Central News

North Central awarded chapter of international fraternity for actuaries

Nov 15, 2018

North Central College has received its charter into Gamma Iota Sigma (GIS), the only international fraternity for risk management, insurance and actuarial science. The Gamma Epsilon Chapter at North Central inducted 43 North Central students into the organization. President Troy Hammond and Dean of the College of Arts and Sciences and Professor of Political Science Stephen Maynard Caliendo represented the College at the ceremony.

Actuarial science is among the College’s fastest growing majors, nearly doubling enrollment from 30 to 58 students since 2013. Professional success has followed, as over the last three years, North Central students who have passed two exams and done a summer internship by their senior year have 100 percent job placement in the actuary industry.

“This charter illustrates the unique value of a comprehensive liberal arts institution because we recognize rigorous study in the arts and sciences while pointing students directly toward a career,” Caliendo said. “The result is that we produce actuaries who are not only well placed in careers upon graduation but also nicely positioned to advance in their fields.”

GIS members from Olivet College, Temple University, Illinois State University, Central Michigan University, the University of Akron and St. John’s University were on hand to support North Central students at the induction, which was presided over by GIS Director of Chapter Services Grace Grant.

GIS has more than 4,000 student members and 25,000 alumni. North Central joins an elite list of schools with a GIS chapter, including Columbia University, the University of Pennsylvania and Butler University.