Combine your talents in math with your interests in business and economics in the actuarial science bachelor's degree program at the University of Wisconsin-Eau Claire.
Much more than number crunchers, actuarial science graduates help businesses grow, provide value to customers and play a critical role in strategic decision making. In addition to having a deep understanding of mathematics, statistics and business, actuaries also measure, calculate and manage financial risk. Because of their critical contributions, actuaries are essential employees in the fields of health care, insurance, banking, finance, government, e-commerce, employee benefits and many more.
Preparation for at least five of the professional actuarial examinations recognized by the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) is a strong focus of the program's curriculum. In addition, expert faculty and the University's well-established network of employer partners ensures that students have access to resume-building opportunities and are in-the-know regarding best practices, current trends and developments in the industry.
Data from the Bureau of Labor Statistics and the Census Bureau consistently rank actuarial careers as one of the best jobs in the U.S. — and graduates are in high demand.
Major insurance companies know the value of skilled actuaries, and they're willing to pay for UW-Eau Claire to produce them. Sentry Insurance awards eight actuarial science students each year with a $2,500 scholarship, and Travelers Insurance awards a declared actuarial science major each year a $3,000 scholarship. In addition to those funds, many other scholarships are available to the entire breadth of STEM majors, which includes those pursuing an actuarial science degree.
Learn more about additional scholarships and resources available to you by checking out our scholarships page.
Financial aid at UW-Eau Claire
Working to make your college education affordable is very important to us. We are here to walk you through the financial aid process and make applying for aid and paying your bill as easy as possible.
To get this process started, please contact our staff at Blugold Central — our one-stop-shop for tuition and financial aid. They will help you learn how to pay for your education and minimize debt, freeing you up to focus on academics and your actuarial science degree.
Learn more about our financial aid process at UWEC.
Actuarial science program details
- Program length: four years
- Availability: campus
- This major does not require a minor.
- This program is also available as a minor.
- Actuarial Science Club
- Math Club
- Women and Gender Minorities in STEM
Stellar program reputation. UW-Eau Claire's actuarial science bachelor's degree program was recently rated as one of the 10 best colleges for actuarial science in the U.S. by the Accounting Degree Review magazine. The program also received the "Advanced Curriculum" designation by the U.S. Society of Actuaries.
Individualized and personalized education. The program's smaller class sizes allow for the formation of deeper relationships and one-on-one attention. At least once a month, employers in the field — often times alum — come into classes to speak on their experience and how the program prepared them for success. Students also have the opportunity to showcase their skills and network at national competitions.
Expert faculty who know industry needs. You'll learn from accessible faculty with real industry experience. A broad-based education allows you to experience the many facets of actuarial science and how they all work together. Relevant projects, student organizations and team-building activities allow you to strengthen your communication and leadership skills, which are highly sought-after by employers.
Opportunities to pursue risk management. A unique benefit of an actuarial science degree is that you can go on to work as a risk management analyst, while the reverse is not the case. The tests required to be a professional actuary are not typically part of the curriculum for a risk management degree. This perk provides you with the flexibility to pursue a career as an actuary or as an analyst in specialty areas within businesses.
Preparation for what's next. Actuarial science graduates leave with the skills, knowledge and tools necessary to pass five of the professional actuary examinations recognized by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) and launch into a successful career.
Graduates of the actuarial science degree program at UW-Eau Claire enter jobs in many different industries, thanks to the program's leading-edge curriculum and excellent reputation.
Where are actuarial science alumni now?
- Travelers Insurance, Minnesota
- TCI America, Oregon
- Allstate, Illinois
- Milliman Actuarial Consulting, Wisconsin
- Thrivent Financial, Minnesota
Actuarial science careers
- Health insurance actuary
- Life insurance actuary
- Property and casualty insurance actuary
- Risk management analyst
With their diverse backgrounds in actuarial work, 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.
The interdisciplinary, comprehensive actuarial science major provides students with a strong background in mathematics, accounting, economics and business finance. Many students choose to apply what they've learned in the classroom through internships — some of which count for credit.
Classes for actuarial science majors may include:
- Mathematical Models for Financial Economics
- Information Systems in Business
- Long Term Financial Management
- Linear Regression Analysis, with Time Series
Learn more about the comprehensive actuarial science major in the UWEC course catalog.
Learn more about the actuarial science minor in the UWEC course catalog.
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