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Department of Mathematics

Department of Mathematics. ACTUARIAL PROGRAM. create your future. www.utdallas.edu. Questions to answer. what is actuarial science? Who are actuaries? where DO ACTUARIES WORK? WHAT DOES THE WORK INCLUDE? WHY BE AN ACTUARY?. create your future. www.utdallas.edu.

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Department of Mathematics

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  1. Department of Mathematics ACTUARIAL PROGRAM create your future www.utdallas.edu

  2. Questions to answer • what is actuarial science? • Who are actuaries? • where DO ACTUARIES WORK? • WHAT DOES THE WORK INCLUDE? • WHY BE AN ACTUARY? create your future www.utdallas.edu

  3. what is actuarial science? • Actuarial science applies • Statistics, Mathematics, Economics • Finance, Government policies, • Business management principles • To assess risk in the insurance and • finance industries create your future www.utdallas.edu

  4. Who are actuaries? • Actuaries use their knowledge of • statistics, finance, and business to • Define, analyze and Solve • business problems involving • the Cost of possible future events create your future www.utdallas.edu

  5. Actuaries are employed in the • Insurance industry • (either property and casualty or life and health) • Financial institutions • Consulting firms • Government agencies • Accounting firms Where do actuaries work? create your future www.utdallas.edu

  6. Actuarial work includes: • projecting how a new auto-safety law will change insurance claims • Estimating the benefit cost of a labor contract • projecting financial costs of an epidemic • Analyzing investment risk What does the work include? create your future www.utdallas.edu

  7. Here are a few reasons to be an Actuary: • starting salaries $50,000 • Excellent benefits • salary grows steadily as you pass actuarial exams • Job security through economic cycles • Dynamic and challenging career Why be an actuary? create your future www.utdallas.edu

  8. Want to know more about actuarial program at utd? • Contact: • Natalia A. Humphreys , ph.d., fsa, maaa • Clinical Associate Professor • Associate head of actuarial program • www.utdallas.edu/~natalia.humphreys • Natalia.humphreys@utdallas.edu More information? create your future www.utdallas.edu

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