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Department of Mathematics

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Department of Mathematics

ACTUARIAL PROGRAM

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www.utdallas.edu

Questions to answer

- what is actuarial science?
- Who are actuaries?
- where DO ACTUARIES WORK?
- WHAT DOES THE WORK INCLUDE?
- WHY BE AN ACTUARY?

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what is actuarial science?

- Actuarial science applies
- Statistics, Mathematics, Economics
- Finance, Government policies,
- Business management principles
- To assess risk in the insurance and
- finance industries

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Who are actuaries?

- Actuaries use their knowledge of
- statistics, finance, and business to
- Define, analyze and Solve
- business problems involving
- the Cost of possible future events

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- Actuaries are employed in the
- Insurance industry
- (either property and casualty or life and health)
- Financial institutions
- Consulting firms
- Government agencies
- Accounting firms

Where do actuaries work?

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- Actuarial work includes:
- projecting how a new auto-safety law will change insurance claims
- Estimating the benefit cost of a labor contract
- projecting financial costs of an epidemic
- Analyzing investment risk

What does the work include?

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- Here are a few reasons to be an Actuary:
- starting salaries $50,000
- Excellent benefits
- salary grows steadily as you pass actuarial exams
- Job security through economic cycles
- Dynamic and challenging career

Why be an actuary?

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- Want to know more about actuarial program at utd?
- Contact:
- Natalia A. Humphreys , ph.d., fsa, maaa
- Clinical Associate Professor
- Associate head of actuarial program
- www.utdallas.edu/~natalia.humphreys
- Natalia.humphreys@utdallas.edu

More information?

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