Actuaries possess unique mathematical, analytical, communication and management skills for many high-level strategic decisions with a significant impact on legislation, businesses and peoples’ lives. They are active not only in insurance, but also in finance and investment.
The BSc Actuarial Science will pave you a way to an actuary, whose daily routine includes: investigating financial accounts, analysing risks, designing actuarial models, and cooperating with other professions.
On completion, you will be a multi-faceted and highly employable graduate. With the skills acquired, you will be highly valued in the insurance industry, as well as many other fields that call for an advanced mathematics degree and problem-solving ability.
WHY SHOULD I STUDY ACTUARIAL SCIENCE AT LASUSTECH
- The actuarial profession is both challenging and hugely rewarding. Financially and statistically trained actuaries are highly in-demand in the insurance industry as well as in a wide range of other profit and non-profit sectors.
The skills you gain on the Actuarial Science undergraduate course will kickstart your actuarial career. These skills include
- Critical thinking and analysis
- Problem solving
- Numeracy and data analysis
- Mathematical reasoning
- Communication, presentation and reporting to specialist and non-specialist audiences
“Actuaries measure and manage risk. Actuaries have a deep understanding of mathematics, statistics and business management. With this, they help businesses grow and provide value to their customers. Actuaries help leaders make strategic decisions and consumers prepare for their future.” —Society of Actuaries
Being an actuary or actuarial employee, you have the chance to apply the skills and knowledge you learned in mathematics and statistics to analyze and manage the risks in the real-world challenges, such as New Technologies, Climate Change, Population Growth, Artificial Intelligence, Big Data, Cryptocurrency.
Your career opportunities and fields you will likely enter in the future include:
- Banking and Financial Services
- Enterprise Risk Management
- Environmental Finance
- Health and Retirement
- Investments and Fund Management
- Predictive Analytics and Data Science
- Social Insurance
- Wealth Management and Financial Planning