Actuarial Science is an important field of Applied Mathematics. It requires Mathematical and Statistical skills to study and analyze uncertain events in the insurance and financial fields. An Actuary needs to know Calculus, Differential Equations, Linear Algebra, Probability and Statistics, Interest Theory, etc. In addition, an Actuary has to learn some Finance, Accounting, Economics, and some other topics in Insurance.
Start your Actuarial Career by taking a BA degree in Mathematics with a concentration in Actuarial Science or a BS Degree in Mathematics with a concentration in Actuarial Science. We also offer an MS degree in Mathematics with a concentration in Actuarial Statistics and an Undergraduate Certificate in Actuarial Studies. Students in this program are also eligible to receive this Certificate in Actuarial Studies.
Our program is ranked as UCAP – Advanced Curriculum by the SOA Listing of Academic Actuarial Science Programs. We currently offer courses for six Actuarial exams (P, FM, IFM, LTAM, STAM, SRM) required for admission to the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). A major in Mathematics for the BA degree with a concentration in Actuarial Science consists of a minimum of 34 semester hours in mathematics and statistics courses and 18 semester hours from the Belk College of Business. In addition all students must meet the general education requirements of the University (See Catalog).
Learn more about our program from the perspective of a student
- Annual Alumni Luncheon on March 25, 2023: Hosted by the Actuarial Science & Math for Business Programs and the Actuarial Science Club on Saturday, March 25, 11 am – 1 pm, in the Math Department in Fretwell. A networking event for Alumni of the program and current students. For more information email firstname.lastname@example.org or email@example.com.
- Congratulations for Passing Actuarial Exams in 2023: Nikhil Vasanth (P-March).
- Thank you alumni and friends for the continued support! To give to the “Math Scholarship Fund”, open the “GIVING” tab on the Math Department website, click on the green “Give Now” box, scroll to the bottom of the screen, and type “Math” in the search box. Select “Math Scholarship Fund” or “Mathematics and Statistics Department Fund”.
- M.S. in Math with a Concentration in Actuarial Statistics: This degree provides advanced skills and knowledge to individuals seeking actuarial careers in insurance and financial institutions. In addition to acquiring statistical and computational skills, the required courses for this concentration are designed to prepare students for the Actuarial Exams needed to earn an Actuarial Designation. Students may apply for the “Early Entry Program” and begin with the graduate degree before completion of the BA/BS. Catalog
- Actuarial Science Club: Video
Connections with Actuaries, Employers and Actuarial Societies and Organizations:
- Acrisure Re
- Aflac – Columbia , SC
- Aon Hewitt
- Arch MI – Greensboro, NC
- BCBS – Durham, NC
- BCBS – Columbia, SC
- Brighthouse Financial
- Builders Mutual
- FTI Consulting – Winston-Salem, NC
- Guy Carpenter
- Lincoln Financial Group – Greensboro
- Martello Re
- Mutual of Omaha
- North Carolina Department of Insurance
- Oliver Wyman
- Partner Re
- Resolution Life
- Scottish Re
- Unum – Colonial Life – Columbia, SC
- Willis Towers Watson
- Zurich Na
- Society of Actuaries – SOA
- Casualty Actuarial Society – CAS
- Casualty Actuaries of the South East – CASE
- North Carolina Actuarial Club