About

Overview Actuarial science is the study of problems of insurance and finance through mathematical modeling. Actuaries develop theoretical models to evaluate the current financial implications of uncertain future events. As such, actuaries requires a combination of strong analytical skills, business knowledge, and understanding of human behavior to manage complex risks facing our society. Actuarial Science ProgramOtterbein University is the first private university in Ohio offering a BS in Actuarial Science. Our students receive closely-directed classroom instruction and individualized advising. Our program provides preparation for the professional actuarial examinations administered by the Casualty Actuary Society and the Society of Actuaries. We also offer courses approved by Society of Actuaries and Casualty Actuarial Society which cover all three Validation by Education Experience (VEE) exams. These are required for actuarial certification.What does an actuary do?Actuaries 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 (Bureau of Labor Statistics).How much does an actuary make?Actuaries are well compensated. Beginning salaries for actuaries with a bachelor’s degree range from $50,000 to $65,000 annually. Experienced Fellows have the potential to earn from $150,000 to $250,000 annually. Where does an actuary work?The insurance industry, private corporations, consulting firms, and the government. Actuaries also work for banks and investment firms, public accounting firms, labor unions, rating bureaus, and fraternal organizations. I want to find another Bachelor Course

The Actuarial Science degree from Otterbein University is identified as an advanced undergraduate Actuarial Science program by the Society of Actuaries.

Disciplines

AccountingMathematicsActuarial Science

Requirements

English Requirements

IELTSMin 6.5
TOEFLMin 79

Other Requirements

1Common Application, including essay.$50 Application fee.Official transcripts/documents for four years of high school/secondary school (grades 9-12).Official Bank Statement(s) and Sponsor Guarantee form.Copy of passport and current visa (if applicable).All test scores must be reported directly from the testing center.Foreign language documents must be translated into English by the issuing institution, a certified translator or English teacher.SAT and ACT test scores and letters of recommendation are optional and may be submitted if they strengthen your application.

Actuarial Science