Actuarial science major Adam Petersen at Mercer internship

Actuarial Science

How much money should an insurance company charge a safe driver for coverage? Can a manufacturer reduce the chance a new location will be affected by climate change? Is a trendy new product likely to take off or fall flat? LVC’s Actuarial Science degree gives you the tools of mathematical and financial theory to answer key questions to running a successful business, managing risk, and using quantitative skills to analyze data and build predictive models. Actuaries work in a broad array of positions in industries from insurance to governmental agencies and regulatory bodies.

Our Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) administered exam pass rates are far superior to those of other programs, and our curriculum is very friendly to those who want to earn a bachelor’s degree in three years to launch their actuarial career. For students who qualify, need-based departmental scholarships are available.

Learn More About The Actuarial Science Major

In our Actuarial Science major, you’ll gain technical expertise in mathematics, probability, statistics, economics, finance, and computer programming. You’ll also become skilled in speaking, writing, critical thinking, and cultural competency, paving your way to leadership.

In addition to our degree program, our high school summer camp for rising seniors is perfect for finding out if this career track is a good fit for you.

Students in mathematical sciences build straw towers during orientation for Fall 2023.

Set Up for Success

Experience to Build on

Our Actuarial Science majors land paid summer actuary internships in the industry, and many complete two or more. Local and national companies visit campus to recruit students—including many of the 100 firms that employ our graduates.

Actuarial Science Exam Readiness

Actuaries are credentialed through a series of exams offered by two professional bodies, the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Our curriculum covers nearly all the content required by both. While all actuaries are required to pass at least one exam administered by the SOA and CAS, LVC students pass an average of 3.0 exams (median 3.6) before they graduate.

3.6
median number of certification exams our students pass before graduation
90%+
of students have at least one paid internship before graduation; many have two
100+
firms employ LVC alums
$113,990
median pay for actuaries in 2022 (Bureau of Labor Statistics)

In Their Words

LVC’s Actuarial Science Program has been excellent at preparing me for my career as an Actuary in numerous ways. On top of preparing me for the SOA Actuarial Exams, the faculty has helped strengthen my professional communication skills and build lasting connections in the actuarial industry. The professors are always willing to offer advice that will help me succeed in my classes and future career!
Memory Harrington ’25, Actuarial Science
The professors were my favorite part of LVC’s Actuarial Science Program. They are extremely knowledgeable about the field and care deeply about their students, always wanting what is best for them.
Autumn Greiner ’23, Conrad Siegel Investment Advisors
23%
Projected growth for actuaries, 2022-32 (BLS)
We prepare students to learn independently, think critically, solve complex problems, and communicate technical content to wide audiences. This makes our students stand out when applying for jobs.
Dr. Patrick Brewer, Director of Actuarial Science, Associate Professor of Mathematical Sciences

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