Actuaries use a well-rounded background including law, mathematics, and economics to solve emerging financial and social problems.  They develop models to answer questions and indicate the consequences of various decisions.  Their decisions and projections are the basis of the financial and insurance worlds.  Actuaries are experts in: evaluating the likelihood of future events; designing creative ways to reduce the likelihood of undesirable events; and decreasing the impact of undesirable events that do occur.

The impact of undesirable events can be both emotional and financial. Reducing the likelihood of these events helps relieve emotional pain. But some events, such as death, cannot be totally avoided. So, reducing their financial impact is very important. Actuaries are the leading professionals in finding ways to manage risk. It takes a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk. Actuaries are in high demand by insurance companies, consulting firms, financial accounting firms, labor unions, and state and federal governments..

The following list contains a representative sample of job titles of actuarial sciences majors. Use this as an idea list, and remember that it represents some, but certainly not all, of the careers you might consider. Some of these jobs also require education beyond a bachelors’ degree.