Actuarial Science
Combine your talents in math with your interests in business in the actuarial science bachelor's degree program. You'll graduate from UWEC prepared for success in career areas like risk management and strategic planning.
Actuarial Science Grads are in High Demand
Much more than number crunchers, actuarial science graduates help businesses grow and play a critical role in strategic decision-making. In addition to having a deep understanding of mathematics, statistics, and business, actuaries also measure, calculate, and manage financial risk. Because of their critical contributions, actuaries are essential employees in the fields of health care, insurance, banking, finance, government, e-commerce, employee benefits, and many more.
Preparation for at least six of the professional actuarial examinations recognized by the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) is a strong focus of the program's curriculum. In addition, expert faculty and the University's well-established network of employer partners ensures that students have access to resume-building opportunities and are in-the-know regarding best practices, current trends and developments in the industry.
Data from the Bureau of Labor Statistics and the Census Bureau consistently rank actuarial careers as one of the best jobs in the U.S. — and that the high demand for graduates will only increase through 2031.
Program Details
UW-Eau Claire’s actuarial science bachelor’s degree program was awarded the 2022 Casualty Actuarial Society’s University Award which celebrates the “...exemplary ways they prepare students for a career in the property and casualty insurance industry.” This worldwide award was given to just four university programs in 2022 and only 21 total programs since its inception in 2016.
The program's smaller class sizes allow for the formation of deeper relationships and one-on-one attention. At least once a month, employers in the field — often times alum — come into classes to speak on their experience and how the program prepared them for success. Students also have the opportunity to showcase their skills and network at national competitions, including the Travelers Actuarial Case Competition and the MUDAC (Midwest Undergraduate Data Analytics Competition).
While pursuing your degree, you'll learn from accessible faculty with a wide range of industry experience, including experience in health, life, annuities, and property/casualty. A broad-based education allows you to experience the many facets of actuarial science and how they all work together.
Actuarial science graduates leave with the skills, knowledge and tools necessary to pass five of the professional actuary examinations recognized by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) and launch into a successful career. Many students pass these exams before they even graduate.
Blugold Stories
With their diverse backgrounds in actuarial work, actuarial science professors bring real-life examples to the classroom that help you understand the kind of thinking you will one day use in your career. They are also some of the best professors I have ever had. On the day you graduate, you will say goodbye to a friend.
I can’t say enough about the professors at UWEC, especially those that teach the actuarial science courses. It really was invaluable to have teachers who had real life experience in the industry and could bring more to the courses than just the math. They were also the most kind, helpful, and fun group of teachers I’ve ever had!
Justthe
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Where can the actuarial science program lead me after graduation?
Thanks to the program's leading-edge curriculum, excellent reputation and deep connections to the field, graduates of the actuarial science degree program at UW-Eau Claire are off doing some pretty incredible things. From risk management to predictive analysis, our Blugolds enter jobs in many different industries, well prepared for the competitive job market. And with a strong rate of success passing the actuarial exams — even before graduation — they don't have to wait long before jumping into the field and making an impact.
Example Careers
- Business analyst
- Health insurance actuary
- Underwriter
- Financial analyst
- Life insurance actuary
- Property and casualty insurance actuary
- Risk management analyst
Recent Graduates
SECURA Insurance
Wisconsin
Centene Corporation
Wisconsin
Allianz
Minnesota
Federated Insurance
Minnesota
Blue Cross Blue Shield of Texas
Texas
UWEC’s actuarial science program is designated by the Society of Actuaries (SOA) as an Advanced Curriculum program on the Universities and Colleges with Actuarial Programs (UCAP-AC) list — one of only a few programs in Wisconsin that meet this threshold. The interdisciplinary, comprehensive nature of the major provides students with a strong background in mathematics, accounting, economics and business finance, shaping them into well-rounded and versatile professionals. Another unique aspect of the program's curriculum is a required Introduction To The Actuarial Career class. This course allows students to fully explore the actuarial career and gain an early understanding of the characteristics actuarial employers seek.
Here are a few courses in Actuarial Science at UW-Eau Claire.
MATH 150
Introduction to the Actuarial Career
Designed to start or further efforts in understanding the actuarial profession and to prepare students for an actuarial job search.
MATH 215
Calculus II
Applications and techniques of integration; improper integrals; sequences and series; power series and Taylor's formula.
MATH 350
Introduction to Financial Mathematics
Mathematical theory of interest, annuities and applications, loans, portfolio management, securities valuation, and an introduction to financial derivatives.
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