How to Become an Actuary: Career Path Guide
If you want to become an actuary, you first need to determine if this career path is well suited to your skills and interests. If the following description sounds like you, then you’re probably well suited for a career as an actuary:
• You have an excellent business sense, including accounting, finance and economics
• You enjoy learning and like solving complicated problems
• You want a well-paying and satisfying career in insurance, finance or a related field
• You enjoy interdisciplinary work that involves mathematics, statistics, risk management and creativity
A career as an actuary offers excellent financial compensation and high job satisfaction, and you don’t need a graduate degree to enter this field.
With that in mind, becoming
an actuary is an excellent career choice for those who also want a career that involves intellectual stimulation, creativity and a relatively low-stress work environment.
Below we've outlined what you'll need to begin a career as an actuary. We've also included helpful information for this career, such as job description, job duties, salary expectations, a list of possible employers and much more!
Education Needed to Become an Actuary
Many employers prefer to hire candidates for Actuarial jobs that have a bachelor’s degree in Actuarial Science, Mathematics, Statistics, Accounting, Finance or a related field.
Successful actuaries are able to learn and assimilate a wide range of information and communicate it effectively. Consider pursuing some of the coursework listed below in order for you to develop a well-rounded education within your degree program: