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Actuarial Science

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuaries are professionals who are qualified in this field through education and experience. In the United States, Canada, the United Kingdom, and several other countries, actuaries must demonstrate their qualifications by passing a series of professional examinations.

Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes during the last 30 years due to the proliferation of high speed computers and the synergy of stochastic actuarial models with modern financial theory (Frees 1990).

Many universities have undergraduate and graduate degree programs in actuarial science. In 2002, a Wall Street Journal survey on the best jobs in the United States listed "actuary" as the second best job (Lee 2002).

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Tue Jan 17 04:37:15 2012


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University of Illinois Actuarial Science Club
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Graduate profile: Han Chun Chua, BSc (Hons) Actuarial Science

Wed, 12 Oct 2011 01:56:37 PDT

Han Chun Chua graduated from Heriot-Watt University in 2011 with a BSc (Hons) in Actuarial Science. Han now works as an Associate at Ernst &amp ...


3 min., 22 sec.
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Master of Commerce - Actuarial Studies

Sun, 09 Jan 2011 20:53:52 PST

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Mon Feb 13 12:36:09 2012

Where should I go to school in order to get a good job in actuarial science?
Q. I am looking for advice from an actuary. I am considering a job in actuarial science but I don't know where to go to school. I am considering the UIC Honors College, Depaul University, or Northwestern. I know Northwestern is a top-notch school but it is about $7000 more expensive than Depaul and UIC. Is it worth it to go to Northwestern?
Asked by Ala - Thu Apr 16 16:23:44 2009 - Administrative and Office Support - 2 Answers - Comments

A. This website gives you a solid list Gives you great info about the science
Answered by Fdg F - Thu Apr 16 16:33:18 2009

Is actuarial science more applied or theoretical?
Q. Is actuarial science an applied form of mathematics, or a theoretical form of mathematics?
Asked by physhelp@ymail.com - Tue Feb 10 17:00:39 2009 - Mathematics - 2 Answers - Comments

A. Much of the statistical methods derive from highly theoretical fields, but actuarial science itself is definitely applied math.
Answered by spoon737 - Tue Feb 10 17:07:20 2009

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Muncie Star Press
Good fathering means knowing the basics
Fri, 24 Jun 2011 20:54:21 -0700

No, your bachelor's major had better be in accounting, nursing, chemistry, math, actuarial science or the like if you are one of those who will "tend&quot ; to get that "better job." You have to figure that these guys are the ones who know how to make and ...
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Britak executive leaves as firm prepares for IPO
Tue, 28 Jun 2011 10:44:28 -0700

He graduated with a First Class Honours degree in Actuarial Science from Cass Business School in England and holds a Masters Degree in Mathematical Finance from the University of Cambridge, also in England. It was not immediately clear whether he will ...

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Tue Jan 17 04:37:13 2012

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Master Mathematical Sciences...Calculating the Control of Your Future - Explore how logical thinking, analytical skills and effective decision-making can unlock the door to careers in actuarial science , systems analysis, ...

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2012-02-21 05:18:03

Actuarial Science . First · Previous · Next · Last · Actuarial Science . By Evan on February 21st, 2012. I first noticed this phenomenon in Soul Calibur 4. Try it yourself at home!

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Tue Jun 21 02:44:57 2011
Actuarial Science: An Elementary Manual @ Buy.com
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General Books Llc Actuarial Science An Elementary Manual : This is an OCR edition without illustrations or index. It may have numerous typos or missing text. However, purchasers can download a free scanned copy of the original rare book from General Books Club.com. You can also preview excerpts from the book there. Purchasers are also entitled to a free trial membership in the General Books Club where they can select from more than a million books without charge. Original Published by: Glasgow, J. Smith

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