Skip to content
CollegePul

Actuary: the path

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits. Description from O*NET

Also called: Actuarial Analyst, Actuarial Associate, Actuarial Consultant, Actuary, Consulting Actuary

Typical pay$130,000Median yearly pay, BLS 2025
Job outlook+9.2% jobsProjected change, 2025–35. All jobs: +3.5%.
Time after high schoolAbout 4 yearsTypical full-time study and training
  1. Step 1Bachelor’s in math, statistics, or actuarial science4 years
  2. Step 2Actuarial examsStart during college; full certification takes several years of exams while working
  3. Step 3Entry-level job

Typical education to start: Bachelor's degree · More on the BLS Occupational Outlook Handbook

Clubs and volunteering for this career →

Colleges for this path

Related majors: Applied Mathematics · Statistics · Applied Statistics · Business Administration, Management and Operations · Management Sciences and Quantitative Methods

Filter colleges

College type

1,478 colleges match

College Scorecard, 2024 data. Earnings are the median for graduates of the related majors, 4 years after graduating. All figures are estimates.

Best value = earnings ÷ (net price × years of study). Net prices under $1,000 count as $1,000.

Showing 20 of 1132