Reasons to Study Actuarial Science and How to Become an Actuary

Someone intrigued by the prospect of assessing and managing risk may enjoy a career as an actuary, a business professional…

Someone intrigued by the prospect of assessing and managing risk may enjoy a career as an actuary, a business professional whose job involves consistently and accurately predicting the likelihood of misfortune in the midst of uncertainty and its potential financial cost.

What Actuarial Science Is and Why It Matters

“Actuarial science is about using math to assess what will happen next,” Amy Timmons — a Phoenix-based vice president, senior consultant and actuary with Segal, a consulting firm with U.S. and Canadian offices — explained in an email.

Stefanos Orfanos, a clinical assistant professor at the Georgia State University J. Mack Robinson College of Business and director of its undergraduate actuarial science program, provided a comprehensive definition of the term.

[Read: Actuary – Career Rankings, Salary, Reviews and Advice.]

“Actuarial

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