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.