Actuarial Science Major

Find where mathematics meets real-world challenges, driving decisions that shape the future.

Full Employment

High-demand professionals for wide variety of settings

Data Driven

You'll help others make data-driven decisions.

Accredited

The University of Lynchburg is accredited by Southern Association of Colleges and Schools

Bachelor of Science in Actuarial Science

Actuarial science is the profession of analyzing and managing risk. It’s the perfect field for someone who loves math, statistics, finance, and wants to help people and organizations make better decisions about their future.

If you’re looking for a challenging major that offers great opportunities after graduation, this is it! Actuarial science graduates are some of the most sought-after professionals around because they know how to use mathematics and statistics to solve real-world problems — and get results! And we’re not just talking about big companies, either. Many students go on to work at small businesses, too, where they can make an impact on their company’s bottom line.

Major Planning Pages

Plan your path to graduation with our year-by-year course guide. Use our roadmap to explore how your classes might be sequenced over four years.

View the planning pages for actuarial science:

Also available:

This program falls under the School of Liberal Arts and Sciences.

What Jobs Can I Get With an Actuarial Science Degree?

Actuaries work to predict future events by analyzing data. They’re responsible for assessing risk and uncertainty using mathematical models that quantify potential outcomes. They might predict things like how many people will die from a certain disease next year, or estimate the cost of natural disasters. In other words, there’s a lot more to actuarial science than you might think!

Actuarial Science Careers and Salaries

Actuarial science is a career that is ever-growing and with potential for high salaries. If you would like to know more about the field, read on! Actuarial science has been described as “the art of predicting the future.”

Actuarial consultant: $85,651
Business analyst: $75,894
Insurance actuarial analyst: $76,229
Investment analyst: $86,253
Risk analyst: $62,545
Underwriter: $72,525

Salary and job projections come from national averages in the Bureau of Labor Statistics and other sources, including Glassdoor, Indeed, and industry-specific posts and publications. The data is meant to provide you with an idea of career options and salary ranges, not as a guarantee of obtaining these positions after graduation. These represent national averages and may vary by source and time frame collected. Actual salaries vary by region. Some jobs may require additional training or graduate education.