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Actuaries use Mathematical and Statistical techniques to manage risks arising from uncertain future events, with particular emphasis on those related with the insurance and pension funds management businesses.

Due to the broad range of skills developed throughout their preparation, actuaries are able to find employment at a wide range of businesses and organizations such as the insurance industry, banks and financial institutions, consulting firms, accounting companies, industrial corporations, governmental organizations, hospitals, universities, and employee benefits departments of labor unions or large corporations.

A career as an actuary is simultaneously intellectually stimulating, prestigious and well compensated, being consistently ranked as one of the best jobs in the US by a number of sources such as US News & World Report, the Jobs Rated Almanac and CNN Money, among others.

To become an actuary you need to pass a series of professional examinations and earn an actuarial designation through Society of Actuaries (SOA), which represents American actuaries from all major areas of practice except property and casualty insurance, or the Casualty Actuarial Society (CAS), whose members are mainly involved in the property and casualty areas of the actuarial profession. These examinations cover a variety of topics relevant for the insurance industry, including probability, interest theory, risk management and life contingencies.

The Brooklyn College B.S. Program in Actuarial Mathematics, offered by the Department of Mathematics, was devised to provide you with the essential academic background on mathematics, statistics, finance, economics and business to prepare for some of the actuarial exams and to compete for entry-level jobs as an actuary.