Program Overview

Actuaries are professionals who help businesses assess the risk, cost and impact of future events such as death, sickness, injury, disability, or loss of property. Actuaries have a deep understanding of mathematics, statistics and business management. Actuaries help leaders and consumers make their strategic decisions and assess their future financial risk.

Career Opportunities

Actuaries are in demand. They work for businesses with a financial focus, including insurance companies and benefit consulting firms. Actuaries are also employed in banking, investments, government, energy, e-commerce, marketing, enterprise risk management and predictive analytics. The job of an actuary consistently appears among the top jobs in the rankings of 200 jobs by CareerCast’s Jobs Rated Almanac based on such factors as work environment, income, hiring outlook and stress.

Training and Advancement

Actuaries achieve their full professional status by passing a series of actuarial examinations sponsored by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS).

Actuarial Science at UT Dallas

The University of Texas at Dallas Actuarial Program is recognized as the Society of Actuaries (SOA) Center of Actuarial Excellence (CAE), the highest level of SOA recognition for universities. The Bachelor of Science in Actuarial Science degree program is administered through the Department of Mathematical Sciences. The program is crafted for students to receive a well-rounded education by completing courses in actuarial and data science, mathematics, statistics, accounting, finance, economics, and computer science. All students are prepared to take seven actuarial preliminary exams administered by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Students are offered classes required by the SOA for Validation of Educational Experience (VEE) credits in economics, accounting & finance, and mathematical statistics.

Summer Internships

Students in the UT Dallas actuarial programs are encouraged to hold internships and participate in networking events throughout their college career. UT Dallas location is a tremendous advantage for the UT Dallas actuarial science students. Dallas is a major hub for most insurance companies and actuarial consulting firms. Actuarial firms like WillisTowersWatson, AON, Mercer, Milliman, Liberty Mutual, Lewis & Ellis, National Life, SwissRe, OptimumRe, Transamerica, Blue Cross Blue Shield, Globe Life, Cigna, and USAA are proud sponsors and employers UT Dallas actuarial students.