If you’re majoring in actuarial mathematics or science, you’ve probably heard the same question over and over again: what’s that?
For the newcomers: an actuary manages and analyzes financial risk for individuals and organizations, and they make good money doing it. A couple years ago Business Insider even made a strong claim about how great a career actuarial majors can expect after graduation: “actuaries have the best job in America,” the site proclaimed. They also reported that, in 2010, the median salary for the position was “$87,650 with 27% projected job growth.” It’s no wonder then that students are flocking to actuarial math and science programs around the country.
At the most basic level, all actuaries analyze risk—”As long as there’s risk, there’s work,” one job board promises—but the career path could bring you into a number of different industries.
Read through our gallery below to get a better sense of what kind of career options for actuarial mathematics majors exist after graduation.
