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Department of Mathematics - PowerPoint PPT Presentation

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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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? create your future www.utdallas.edu