Bachelor of Science [B.S] [Mathematics - Special Interest Area: Actuarial Science] From Slippery Rock University

Actuaries achieve professional status by passing a series of qualifying examinations administered by the Society of Actuaries (SOA) and/or the Casualty Actuarial Society (CAS).  Students are generally expected to have passed one or two of the exams while in college, but most are taken after employment.   The SRU Actuarial Science Special Interest Area prepares students to take the first two actuarial exams, Exam P and Exam FM.  SOA members have traditionally practiced in life and health insurance, pension planning, and employee benefits.  In recent years, some have moved into finance and investment markets.  CAS members work in property and casualty insurance.

In the six editions of the Jobs Rated Almanac published since 1986, the actuary has ranked first twice and ranked second four times.  The book rates 250 jobs on the basis of such categories as salary, benefits, outlook for the future, stress, work environment, and job security.  Entry-level salaries with one exam fall between $45,000 and $65,000 with signing bonuses being common.  Actuaries with 15 years of experience often earn more than $250,000.

Slippery Rock students have been successful on passing the actuarial exams, getting summer internships, and finding actuarial jobs.