Actuarial Science

Are you a natural planner who analyzes everything to prepare for whatever the future holds? If you have an analytical mind and a knack for problem-solving, then a degree in actuarial science might be right for you.

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UTSA’s Actuarial Science Program

Actuarial science is a discipline that uses mathematical and statistical models to solve problems in insurance and finance. UTSA’s, Actuarial Science degree will have you taking interdisciplinary courses in mathematics, statistics, economics and finance. You’ll learn how to help organizations make good business decisions and help them solve complex corporate problems. You’ll train to become an actuary, a profession that’s involved in everything from developing probability tables for natural disasters and unemployment to measuring risk for mainstream industries like health and insurance.

Careers in Actuarial Science

Top job titles for Actuarial Science graduates include:

• Software Engineer
• Information Security Analyst
• Business Analyst
• IT Project Manager
• Computer Systems Engineer
• Network Engineer

Actuarial Science and its related career pathways are currently in average demand in Texas, with more than 14,000 job opportunities in the 2018-2019 financial year. US States/Regions with high demand for related jobs include Virginia, Maryland and California. More than 12 million actuarial science-related job opportunities existed nationwide in 2018-19.

Career Resources

UTSA’s University Career Center offers several resources to help students identify and develop the global skills necessary to successfully pursue and achieve lifelong career goals.

Please note that there are additional admission requirements that need to be met in order to be admitted into this major. View all of UTSA’s specific admission requirements here.

Industries for Actuarial Science Graduates

Actuarial Science is a widely applicable major as businesses and organizations across several industries require staff and services related to this major. The industries that posted the largest number of actuarial science-related positions over 2018-19 included:

• Higher Education
• Management and Consulting Services
• Insurance Carriers
• General Hospitals
• Air Transportation
• Depository Credit Intermediation
• Computer Systems

Salaries for Actuarial Science Graduates

The salary range for open actuarial science-related positions in the US between November 2018 and October 2019 were:

lowest 10% $56,949
median $90,436
top 10% $120,814

Source: Burning Glass

Skills and Interests for Actuarial Science Majors

While many skills and interests translate to potential careers as an Actuarial Science graduate, some are more commonly sought after than others. Actuarial Science may be a good fit for you if:

• You enjoy working with others
• You like solving puzzles and problems
• You are a good planner
• You enjoy learning
• You are detail oriented