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Department of Mathematics. ACTUARIAL PROGRAM. create your future. 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?. create your future. www.utdallas.edu.

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Department of Mathematics

ACTUARIAL PROGRAM

create your future

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?

create your future

www.utdallas.edu


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

create your future

www.utdallas.edu


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

create your future

www.utdallas.edu


  • 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?

create your future

www.utdallas.edu


  • 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?

create your future

www.utdallas.edu


  • 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?

create your future

www.utdallas.edu


More information?

create your future

www.utdallas.edu


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