What is Actuarial Hacks?
Actuarial Hacks is a month-long case study competition hosted by the McMaster University Science Careers & Experience Centre and Actuarial Notes that challenges undergraduate and graduate students to solve a real-world risk management problem and develop their professional competencies in problem solving, collaboration, and discovery.
How it Works
- In teams of 2-4, undergraduate and graduate students will have one month from September 8 to October 2,
2026 to prepare an analysis of the provided case study problem. - During the competition, each team will be provided instructions, a data package, and support in the form of mentorship and workshops.
- The Top 3 teams will be selected by a panel of expert judges and present their work at the Closing Ceremonies on October 17.
What is the problem for Actuarial Hacks 2026?
Hamilton, Ontario faces a uniquely complex flood risk profile. Situated at the western tip of Lake Ontario and bisected by the Niagara Escarpment, the city confronts interwoven flood hazards, including rapid escarpment runoff, shoreline flooding, and sewer system overflows during heavy rain events. Climate change is intensifying each of these risks, driving the city’s ongoing investment in flood resilience.
- How large and variable are the financial losses Hamilton can expect from flood events?
- Are the city and its most vulnerable residents adequately insured against them?
- How do these exposures change under plausible climate scenarios through 2050?
How do I sign up?
Fill out the above registration form to sign up. Teams will be formed during the first week of the competition. If you already have teammates in mind, you can let us know when you register.
Do I need a team?
Nope! Team formation will happen during the first week of the competition and you’ll be grouped with 2-3 other people. If you already know who you want to work with, you can let us know when you register.
Who is eligible to participate?
All registered undergraduate and graduate students at McMaster University are welcome and invited to participate in Actuarial Hacks 2026.
What skills / knowledge do I need?
No prerequisite skills or knowledge are required to participate. Problem solving skills and a collaborative spirit go a long way! Your unique experiences and skills will bring a valuable perspective to the problem.
That being said, skills in programming, AI, or writing will be helpful. Through the competition you will develop skills in risk quantification and risk assessment.
What is the criteria for judging?
The official rubric will be published before the launch date.
When is the deadline for submission?
Submissions are due on October 2, 2026 at 11:59PM EST
When will the winners be announced?
The Top 3 teams will be announced a few days before the closing ceremonies on October 17, 2026. All participating teams are invited to celebrate at the closing ceremonies, and the Top 3 teams will present their work.
Are there prizes?
Yes! There are prizes. The Top 3 teams will receive a monetary award according to their final placement, judged at the closing ceremonies. The exact amounts of the awards will be announced soon.