What type of jobs can you get with an Actuarial Science degree?
I am thinking about getting that degree because I like math and such, but I am still confused on what type of jobs are possible with this major. #mathematics
2 answers
Lisa G. Ullman
Lisa G.’s Answer
Vijay’s Answer
Hello Sara,
Hope you're doing well.
Most actuaries are employed by insurance companies. They're job duties basically boil down to pricing and evaluating insurance policies of different sorts - basically figuring out how much can a certain type of policy be sold for. To determine this, actuaries have to look at various data pertaining to the type of policy being sold and to whom/what it is being sold. These factors are used to build mathematical models that try to determine how the policy may behave in the future and how that behavior will affect the company's profitability or other performance measures.
Hopefully, that comes close to answering your question!