Actuarial Science

Actuarial Science Degree Program

Become a problem solver and risk analyst. An experienced Actuary puts a price tag on future events to control the magnitude of potential financial losses. They define, analyze and solve financial and economic problems, and calculate the costs of insurance, pensions and social programs. As an actuary, you could work in risk management in any industry, but will find plentiful opportunities at insurance corporations and government agencies.

Type of Offering

Concentration

College

Arts & Sciences

If you excel at statistics, mathematics and business, the actuary profession may be a good fit. Being an actuary is engaging and challenging and actuaries report a high level of job satisfaction. While you only need a four-year undergraduate degree to become an actuary, you do have to pass a series of professional exams administered by the two leading actuarial societies of the U.S. ��Ƶ prepares you to pass two exams by the end of your third year, with the potential to pass a third exam during your fourth year.

A career you can count on

Why become an actuary? Try high pay, excellent employment prospects, job security and the opportunity to advance to high-level administrative and executive positions.

$100,000 Professional Actuary Salary, Median pay for actuaries according to the U.S. Bureau of Labor Statistics.
4 years How long it takes to become an actuary--no graduate school required.
100% Pass rate for ��Ƶ students on professional actuary exams in 2016, 2017, and 2019 (nation average is 45-50%)
94% of ��Ƶ undergraduates employed within 6 months of graduation

What kind of Actuarial career can I get with an Actuarial Science Degree?

• Corporate Finance
• Risk Assessor
• Financial Consultant
• Actuarial Analyst
• Economic & Financial Analyst
• Casualty Insurance Actuary

Discover extensive courses and career preparation

Did you know that ��Ƶ is the only private university in Ohio that offers a statistics major and an actuary program? Not only that, but we offer an extensive array of statistics courses that rivals what you’d find at a larger university. Courses include Regression and Correlation Analysis; Nonparametric Statistical Methods; Applied Probability; Causal Inference; and Stochastic Processes, just to name a few. You can also take courses to master the popular statistical programming languages, SAS, R and Python. In addition, you can minor or receive a second major in Data Analytics, which covers topics in Big Data, Machine Learning and Data Mining.

Data Analytics

Take the first step toward living the Polar Bear life

We would love to meet you and show you around! Your health, safety and future are in good hands at Northern. We offer a host of services to keep you informed and meet your needs while you are on campus.

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