Dr. Wakefield named a Fellow of the Society of Actuaries

Dr. Tom WakefieldYSU STEM’s faculty are some of the best. Our faculty is always working hard, putting STEM on the map.

Most recently, Dr. Tom Wakefield, an associate professor in the Department of Mathematics and Statistics, has been named a Fellow of the Society of Actuaries.

In order to receive this title, applicants must already be members of the Society of Actuaries, along with completing a set of education requirements and passing various exams and completing and presenting a project. Dr. Wakefield did his project on quantitative finance.

According to the Society of Actuaries 2014 Annual Report, there are 15,729 Fellows worldwide.

“There are less than 150 Fellows employed at colleges and universities worldwide, and I am the only full-time faculty member in Ohio with this designation,” Dr. Wakefield said.

Dr. Wakefield said he thought it was important for him to experience the actuarial examination process since he is an advisor for students interested in actuarial science.

“I feel more knowledgeable about the process and now have this perspective which will be valuable when advising students. Fellows also have the opportunity to offer input into the content and design of the examinations, which will be useful to me as the profession changes,” Dr. Wakefield said. “One of the goals of the Society of Actuaries is to strengthen ties between academia and the profession and achieving this designation makes me feel more connected to the actuarial community.”