About

Actuaries are critical in several major industries: insurance, healthcare, education, finance, government, and consulting. They use mathematical tools to help companies manage risk, evaluate investment strategies, develop insurance products, analyze large data sets, and predict consumer behavior. They present quantitative information to both technical and non-technical stakeholders using mathematical writing and communication skills. The Bureau of Labor Statistics predicts a 22% increase in the number of actuarial jobs between 2024 to 2034, making it the 8th fastest-growing occupation.

Becoming an actuary requires significant training in mathematics and statistics at the undergraduate level, combined with basic coursework in finance, economics, and accounting. In addition to strong job performance, advancing in an actuarial career requires both a completion of a series of credentialing exams administered by the Society of Actuaries (SoA) and a completion of Validation by Educational Experience (VEE) university coursework in statistics, finance, economics, and accounting.