Faculty with professional experience and connections to the industry provide insight into the actuarial field through small- to mid-sized course offerings (25-35 students per class, on average) and career advising. The program is one of only 40 undergraduate programs in the United States to be designated as an “Advanced Curriculum” program for actuarial science according to the 2017 Society of Actuaries’ Universities and Colleges with Actuarial Programs listing. An active student-led actuarial club provides employer presentations and valuable networking opportunities.
With their diverse backgrounds in actuarial work, the Actuarial Science professors bring real life examples to the classroom that help you understand the kind of thinking you will one day use in your career. They are also some of the best professors I have ever had. On the day you graduate, you will say goodbye to a friend.
MajorComprehensive major (no minor required)
- Math - Actuarial Science
- Math - Actuarial Science
Contact InfoKris Presler, M.S., Mathematics
Hibbard Humanities Hall 508
124 Garfield Avenue
Prepared for success
Since 2009, actuary has been in the top 15 jobs as ranked by Careercast.com each and every year. Job outlook, working environment, job satisfaction, and earnings potential all contribute to the very favorable views on this career. Demand for actuaries remains strong in the traditional actuarial roles of pricing and reserving for insurance products, and recent increases in demand have been noted in emerging fields such as Enterprise Risk Management and Predictive Analytics. Actuaries will continue to be trusted for their expertise in the mathematics of insurance and risk management, and formal training will expand to address the evolving risk management skills needed by tomorrow’s employers.
UW-Eau Claire provides advanced training for actuarial science students, covering at least five of the professional actuarial examinations recognized by the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS). In addition, our well-established network of employer partners ensures that students have access to actuarial opportunities and stay informed of developments in the industry. While helping you build a strong technical foundation, the faculty will also encourage you and assist you in thinking holistically about your development as a future actuary. Taken together, these program features have helped to produce strong job placement statistics for our graduates. Nearly 90% of students with two or more exams at graduation were successfully placed in actuarial roles from 2014-2016. We’ve also had students awarded prestigious national actuarial scholarships. In 2017, UW-Eau Claire had an actuarial student who was one of only three students nationwide selected for a $5,000 CAS Trust scholarship. We’ve previously had recipients of the Actuarial Diversity and Curtis E. Huntington scholarships from the Actuarial Foundation as well.
The interdisciplinary comprehensive major provides students with a strong background in mathematics, accounting, economics, and business finance. Many students elect to pursue additional certificates or minors in information systems and/or business communications. Having a strong GPA and completing the professional actuarial exams are important for obtaining full-time actuarial work, but students must also demonstrate sound communication and leadership skills throughout the interview process. If successful in their search, students typically earn starting salaries ranging from $55-70K. Annual salaries can reach $100K within years of graduation with continued exam success.
Where are our grads?
- Travelers Insurance, St. Paul, MN
- Allstate, Northbrook, IL
- CUNA Mutual, Madison, WI
- American Family, Madison, WI
- TCI America, Portland, OR
- Towers Watson Consulting, Amsterdam, The Netherlands
- Milliman Actuarial Consulting, Brookfield, WI
- UnitedHealth Group, Minnetonka, MN
- Aon Hewitt, Lincolnshire, IL
- Thrivent Financial, Minneapolis, MN
- Church Mutual, Merrill, WI
Why UW-Eau Claire
Rankings / Reputation / Well-funded programs
We offer a full actuarial curriculum taught by accessible faculty with industry experience, class sizes that allow for the formation of deeper relationships and individualized attention, and a strong student-led network that provides exposure to actuarial employers. At least once a month the program will bring in an employer in the field, often times alum, to speak on their experience and how the program prepared them for success. This includes professionals from a variety of expertise like balance consulting and life health.
All the features of much larger university programs are available here, at a more affordable cost.
Special Admission Guidelines
Preparing for an actuarial career is a demanding process. A series of rigorous professional exams must be passed to become credentialed as an actuary, and employers often screen applicants at a 3.5 GPA or higher. Because of this, prospective students should note the program entry requirements that must be met in order to earn an actuarial science degree at UW-Eau Claire.