Actuarial Science

At a glance

Did you know UT Dallas is one of only 20 Centers of Actuarial Excellence (CAE) in the U.S. and the first in Texas? This is the highest level of recognition for universities by the Society of Actuaries (SOA).

NSM’s fast-growing Actuarial Science program, offered by the Department of Mathematical Sciences, prepares the future leaders of risk assessment and business management. We train students to use mathematical models and statistical techniques to predict the likelihood of events such as accidents, illnesses, or natural disasters, and determine potential financial losses.

Our graduates have the skills and knowledge to take the professional actuarial exams administered by the SOA and the Casualty Actuarial Society (CAS), which are required to become an actuary. Our curriculum covers the content of five preliminary exams and fulfills the validation by educational experience (VEE) requirements.

Career potential

The demand for actuaries is high. Most are employed in the insurance industry, where they play a crucial role in determining insurance premiums, estimating future claims and ensuring that insurance companies remain financially stable. Actuaries also work in:

• Benefit consulting
• Banking
• Investment
• Government
• Energy
• E-commerce
• Marketing
• Enterprise risk management
• Predictive analytics

Actuary consistently ranks among the top jobs in the annual “Best Jobs” report by U.S. News & World Report. The rankings consider factors such as job growth, salary, work-life balance, and job satisfaction.

UT Dallas’ location is a tremendous advantage for students. DFW is a major hub for many prominent insurance companies and actuarial consulting firms. They are also proud employers of our actuarial graduates. Our program has strong ties with:

• Willis Towers Watson
• Aon, Milliman
• Liberty Mutual
• Lewis & Ellis
• Swiss Re
• Blue Cross Blue Shield
• Torchmark/GlobeLife
• Cigna
• USAA