The University of Arizona

Careers in Actuarial Science

Actuaries consistently appear at the top of the list when it comes to job satisfaction.  Find out more about what this career path entails, and whether it may be a good fit for you at http://www.beanactuary.org/

Courses

The BeAnActuary.org site above provides some general course work recommendations; UA courses that have been found useful include:  MATH 122A/B or 125, 129, and 223 (the calculus sequence), MATH 464 and 466 (probability and statistics).  MATH 464 should be helpful in preparing for the P exam.  The Math Department has a new course, MATH 462 (financial math) intended to prepare students for the FM exam; it is available in UAccess beginning spring 2018, and will typically be offered only in spring.  

ECON 200, 332, and 361 have also been reported to be useful (see VEE requirements below).  Note that ECON 200 can fulfill the University's Tier 2 Individuals & Societies General Education requirement.  To enroll in ECON 332 or 361, students usually need to declare a major or minor in Economics.

VEE: Validation by Educational Experience 

VEE is undergoing some changes during summer 2018; ECON 332 and 361 are approved for VEE Economics through December 2018.  Note that anyone can submit a course for VEE approval; see https://www.soa.org/education/exam-req/edu-vee.aspx for information.

Student Resources

The Casualty Actuary Society maintains a helpful site for students, CAS Student Central; if you are interested in property/casualty actuary jobs, this is a great site for you to join.  Not only do they have useful information about course work to take, they also have internship and job listings!   

Our liaison to the CAS tries to visit each Spring to give a presentation about the field, exams, etc.  She has shared the slides from her most recent visit: UA_Actuarial_2018

Exams and Exam Preparation

One resource for preparing to take actuarial exams is "Coaching Actuaries": http://www.coachingactuaries.com/   You can view free previews on the site, but there is a fee for the full version.  This site is great for practice, but students will typically also want an exam study manual to supplement.

Other Resources

Additional information about careers in Actuarial Science can be found on the following web pages created by Professor Emeritus Donald Myers:  http://www.u.arizona.edu/~donaldm/actuarial/actuarl.html   and  http://www.u.arizona.edu/~donaldm/homepage/prob_st.html.    We will be working on updates to this information over the coming months.  

Current U of A students can also request to join our Actuarial Science Interest listserv.

 

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