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Department of Statistics and Actuarial Science Program Honor Outstanding Alumni

09-08-2008

On Thursday, September 4, 2008, at a reception held jointly by the Department of Statistics and the Department of Mathematics, the Department of Statistics awarded H. Paul Root (BS Mathematical Statistics, 1959) the Department of Statistics Outstanding Alumni Award. The Actuarial Science program, administered jointly by the Department of Statistics and the Department of Mathematics, awarded Daniel Rubin (BS Actuarial Science, 1988) the Actuarial Science Outstanding Alumni Award. The Outstanding Alumni Award honors the alumnus for their contributions and leadership within their profession.


RWD and H. Paul Root Richard Penney and Daniel Rubin

Picture 1: Rebecca W. Doerge and H. Paul Root

Picture 2: Richard Penney and Daniel Rubin

Meet our Outstanding Alumni

H. Paul Root served as the President of the Marketing Science Institute (MSI) in Cambridge, MA from 1990-1998. MSI is recognized as one of the most prestigious institutes in the world due to its grants to academics based on a set of "mutual learning" priorities established mutually between business executives and academics in marketing and related disciplines. Throughout his long and varied career, he has also worked in quality control and as a reliability statistician in the Semiconductor R&D department of the Delco Electronics Division of General Motors, as Director of Admissions for the MSIA program at the Krannert School, as a member of the faculty at the University of Michigan's Business School, and as a member of the Finance Staff of General Motors. Root received his B.S. in Mathematical Statistics from Purdue University in 1959 and went on to earn an MS in Industrial Administration in 1963 and a Ph.D. in Marketing in 1969 from Purdue's Krannert School.

To read more about H. Paul Root, read his alumni profile here.

 

Daniel Rubin is a Senior Actuary for Nationwide. He began his employment with Nationwide as an intern during two consecutive summers while at Purdue. After graduation he accepted a full time position at Nationwide and has been there for the past 20 years. Over the course of his career at Nationwide, Rubin has held several positions in the Life Insurance and Corporate Actuarial Departments. Today Rubin is in charge of the statutory, Generally Accepted Accounting Principles (GAAP), and tax reserving for all the Individual Annuity product lines. His focus is primarily in the financial reserve area, where he works to make sure financial models for different lines of business are accurate and performing as expected. He is a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA).

As a freshman at Purdue, Rubin joined the recently-formed Actuary Club, subsequently serving as President for two years. Partly through his leadership, Rubin helped the Club continue its growth and grassroots campaign toward establishing a formal Actuarial Science Program at Purdue. He continues to serve the Actuarial Science program at Purdue through his decade-long membership of the Actuarial Science Advisory Council. Rubin received his B.S. in Actuarial Science from Purdue University in 1988.

To read more about Daniel Rubin, read his alumni profile here.

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