Actuarial Science

What to Expect in the Actuarial Science Program

Actuarial science is the mathematical backbone of the insurance and pension industries. It takes a combination of strong analytical skills, business knowledge, and an understanding of human behavior to manage the complex risks facing our society.

You’ll learn how to solve a variety of problems related to risk in real world settings, such as:

• Determining premiums for insurance companies

• Helping companies establish their retirement plans

• Developing life insurance products

• Assisting banks in managing their assets and liabilities and developing ways to manage their financial risk

Learn more about what Actuarial Science entails?

Program Benefits

As part of this innovative program, you’ll:

• Form close relationships with faculty who have earned awards for excellence in teaching

• Benefit from small class sizes with individualized attention

• Have full access to extensive computer resources within the department’s technology center including a variety of hardware running Linux, Solaris, MacOS, and Windows operating systems as well as computer algebra systems, statistical and geometric software, and other applications

• Be highly attractive to potential employers and command a favorable salary after passing your first two professional actuarial science exams