Student Action Committee 2021

PURPOSE AND RESPONSIBILITIES:

The Student Action Committee drives student desire and engagement in: the risk management and insurance industry as a career of choice; obtaining the CPCU designation, and membership in the CPCU Society.  The Student Action Committee does this by providing both short-term and long-term strategic recommendations aligned with the Society’s strategic goals. Increasing student involvement contributes to both long term sustainability for the CPCU Society and the future of risk management and insurance by providing students with connections, experiences and opportunities that invest them in the RMI field. The Committee will also focus on creating opportunities for students to gain exposure and develop skills crucial to serve in the risk management and insurance community as future decision makers.  View the full Committee Charter. 

DELIVERABLES:

• Advocate for the needs of students/student members and promote student’s interests within the Society;
• Create opportunities and develop tools to help students plan a career path in risk management and insurance;
• Recommend ways to acknowledge students/student members and encourage participation in Society activities;
• Inventory the Society’s current suite of student initiatives and make recommendations to enhance or improve the appeal to students;
• Provide recommendations and ongoing feedback on selection and scoring criteria for student scholarships, financial aid, etc.
• Provide strategic guidance and input into new programming efforts and materials for student initiatives;
• Recommend short-term and long-term key performance indicators (KPIs) to evaluate the success of student initiatives, such as the Student Engagement Program, Financial Aid Program, etc., and the successful engagement of students/student members;
• Identify content, serve as volunteer mentors, and provide assistance for on-site events, such as the Student Engagement Program;
• Make recommendations for a toolkit that chapters and individual Society members can use to engage students and promote Society membership at local chapter events, and outside events such as career fairs;
• Encourage and facilitate student participation across all aspects of the Society including chapters, programs and networking, by advising the Leadership Council, working committees and interest groups on the best channels, formats and offerings that appeal most to students; and
• Coordinate with the Emerging Leaderships Advisory Committee to outline a plan to transition students to Society membership.

ACCOUNTABILITY AND TERMS:

• The Student Action Committee reports to the Leadership Council;
• The Student Action Committee meets at least six times per year. Meetings may be virtual, and in person at the Leadership Summit and/or the In2Risk Conference. The committee may also conduct some of its business by e-mail;
• A majority of the members of the Committee shall constitute a quorum for the transaction of business, and the affirmative vote of a majority of those present shall be necessary for any action by the Committee; and
• For succession planning, committee members are responsible for identifying qualified successors who are diverse and a good fit for the committee’s purpose and goals.
• Student Action Committee members serve for a one year term and may be reappointed for a second and third one year term, serving no more than three consecutive years

SELECTION PROCESS AND QUALIFICATIONS:

• Must be a CPCU Society member in good standing (student and academic committee members will be considered on a case to case basis); 
• Desire to expand student involvement and membership in the Society;
• Minimum of five years professional experience in the insurance industry and/or educator/professor in a risk management and insurance college program (minimum experience not required for recent graduate/student committee members);
• Able to offer the Committee perspective based on research and/or experience;
• Must be able to self-fund attendance and registration to the Leadership Summit and/or the In2Risk Conference;
• Maintains confidentiality of work due to the exploratory nature of the Committee’s projects; and
• Able to work independently, as a team and virtually to complete deliverables as required by the Society.