Actuarial ProfessionA course aimed at those students who see themselves working in the world of insurance, financial or governmental services, where actuarial mathematics plays a key role. In the last year, you cover some specialized work in advanced actuarial and financial mathematics. Subsequently, you start to study more advanced ideas in both Life and Non-Life insurance mathematics as well as stochastic modelling, econometrics and Finance. This course is designed to prepare you for a career as an actuary, combining financial and actuarial mathematics with statistical techniques and business topics. Actuarial Mathematics prepares students to be professionals who use mathematical models to analyse and solve financial problems under uncertainty. Actuaries are experts in the design, financing and operation of insurance plans, annuities, and pension or other employee benefit plans. Accreditation The BSc in Actuarial Mathematics (UCAS code: NG31) has been recently accredited by the The Institute and Faculty of Actuaries, the Professional body for actuaries in the UK (IFoA). Currently completion of the actuarial degree can lead to recommendation for exemption from Core Technical subjects: CT1, CT2, CT3, CT4, CT5, CT6, CT7 and CT8 More information regarding the accreditation and modules with recommendation for exemptions can be found on our webpage.

An actuary is a business professional who deals with the financial impact of risk and uncertainty. Every area of business is subject to risks so an actuarial career offers many options. A typical business problem might involve analysing future financial events, especially when the amount or timing of a payment is uncertain. Due to an actuary's range of skills the opportunities open to them are endless, they can even be employed in the marketing and development of insurance/financial products. For more information about the Actuarial Profession please visit the Institute of Actuaries website at: http://www.actuaries.org.uk/ Typical types of work undertaken by our graduates include: Measuring and managing risk and uncertainty Designing financial contracts Advising on investments Measuring demographic influences on financial arrangements Advising on a wide range of financial and statistical problems. Why Become an Actuary? ‘Being an actuary - the second best job in 2012’ Actuaries have the second best job in 2012, according to research carried out by US website CareerCast.’ (source: The Actuary, CareerCast). There are many reasons people find becoming an actuary a satisfying and stimulating career: The variety of work. Actuaries can work in specialist areas of insurance, pensions, benefits, healthcare, investments, banking and consultancies or for any large organisation where risk management plays an important role. investments and banking, consultancies or for any large organisation where risk management plays an important role. An influential role the unique skills of actuaries are behind many high-level strategic decisions made by large companies and governments. made by large companies and governments. The rewards salaries and benefits packages are excellent from the beginning. Challenging and stimulating work actuaries are problem solvers, in tune with what's happening in business through their interpretation of statistical data and knowledge of social and economic systems. International opportunities once you're qualified, actuarial skills can take you anywhere in the world. High standards actuaries combine good business sense with safeguarding the public's financial interests, upholding the highest professional standards. For more information visit: http://www.actuaries.org.uk/ Recent employers Aston University Barclays Bank plc Deloitte EuroMoney Training Forrest Recruitment Mercer Human Resource Consulting Ltd Mitchell Charlesworth Norwich Union Transmission Marketing Ltd Venture Marketing Group Wilson Henry Partnership Wolsley Group Recruiters • BeAnActuary.org • GAAPS • Actual Search • REED • Star Actuarial • Math-Jobs.com Work experience opportunities The Institute for Financial and Actuarial Mathematics (IFAM) work closely with actuarial and financial firms. Through this association we can offer to our students’ internships in actuarial and financial firms. For more details can be found