How To Become an Actuary

Discover what Actuaries do at work everyday. Learn about exciting world-changing projects, degree requirements, and gain a realistic career outlook as an Actuary.

What does an Actuary do?

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Work Perks

  • Creating efficiency across organizations using data
  • Collaborates with various teams on statistical problems
  • Develops modeling systems for medium and long-term

How much money does an Actuary make?

$116,250

Average Salary

20.1%

Projected Growth to 2028

student reading a book on a roof

Typical Work Environment for an Actuary

Actuaries spend most of their time in an indoor office environment. You might enjoy this role if you love working from a computer remotely or with small teams inside.. 

One on One Mentoring with Professional Actuaries

Our network of professional mentors and career coaches are dedicated to your success. Shape your own future with our personalized mentorships.

Job Satisfaction

The happiness of an Actuary at work can be calculated based on Salary, Personality fit, Working environments, and Skills utilized. We’re able to figure how meaningful this role is to people based on collected survey data.
  • Compared To US Workforce Average 50% 50%

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Mentoring with Experienced Actuaries

1-on-1 Mentorships

Your personal mentor is not only your partner-in-code, but a seasoned industry-expert who is as dedicated to your success as you are.

Career Services

Even after graduation, we’re still invested in you. Your very own career coach will spend the next six months helping you navigate the job market, apply to positions, and ace your interviews.

Dedicated Support

We invest as much in you as you do in us. We put a whole team of support behind you, including: a mentor, program manager, career coach, and career services manager.