What Can You Do With an Actuarial Science Degree

February 17, 2022 Post a Comment

The occupations listed beneath are a choice of those which may involvement students and graduates from the Schoolhouse of Mathematics, Statistics and Actuarial Science.

Actuaries apply mathematical and statistical techniques to business organisation problems. They piece of work out the degree of risk on life assurance policies, pensions and employee benefits and investments.

Tasks include: Calculating and advising on life assurance policies, pensions and employee benefits and investments; applying mathematical and statistical techniques to business problems past: computer work; writing messages, reports; filing; spreadsheets.

Employers: Actuaries work in life balls, general insurance, actuarial consultancies, investment banks and for the Government Actuaries Department. Some Chartered Accountancy firms are now setting up actuarial departments.

Satisfactions include: Passing exams, able to accomplish things, (i. e. valuation results), travel and working with people from other companies.

Negative aspects include: Studying for exams - very hard work - needs lots of motivation. Long hours.

Skills required include: Analysing, Investigating, Numeracy, Communication, Cooperating, Advising

Degree subjects: Actuarial science, mathematics, statistics, economic science, operational enquiry - mathematics based degrees, otherwise must take a very proficient class at Maths A level. Demand to show good communication and interpersonal skills likewise as numeracy.

Please note that some of these careers may crave further written report.

For further information on these careers, run across also:

I Want To Work In
Information on types of jobs from Prospects
Information on career sectors from TargetJobs

People in some actuarial roles may be self-employed.

What do actuarial science graduates from the University of Kent practice?

Every year the University of Kent participates in the Destinations of Leavers from Higher Educational activity survey to detect out what graduates are doing later on finishing their courses. You lot tin can access this information here. Please note that this webpage is password protected and but attainable by University of Kent staff and students.

The examples shown reflect the destinations of students six months subsequently graduation. Keep in listen that at this early stage some graduates may non have made long-term career choices or entered a graduate-level task role. You will find many examples of graduates who have entered graduate schemes and professional careers, just in that location may besides be some graduates working in temporary employment or taking time out to volunteer, travel or gain appropriate work experience. The destination data is useful for generating career ideas and it also shows that as a Kent graduate you accept a very wide range of career options open up to you, whatsoever your degree subject!

The information is collected by UK universities and submitted to the Higher Didactics Statistics Agency (HESA), which publishes summary reports for all UK Higher Instruction Institutions. For more than details most the DLHE process visit the HESA website

Farther information on national graduate destination statistics

Actuarial Careers Chart
Destinations of Kent Actuarial Science Graduates