The Actuarial Mathematics degree at Stonehill equips students to become actuaries and pursue other analytics careers. It also begins preparing them for the exams of the Casualty Actuarial Society and the Society of Actuaries.
Actuarial Mathematics Program Overview
There is strong market demand for college graduates capable of applying mathematics, statistics, and financial theory in service of determining risk factors and risk levels in numerous fields.
The Actuarial Mathematics degree draws on Stonehill’s strengths in the academic fields of data science, economics, finance and mathematics. Combined with the College’s emphasis on liberal arts and leadership development, students are prepared for careers in industries that include insurance, accounting and managerial consulting.
The average salary in this region for graduates with actuarial mathematics degrees is $82,287.
Actuarial Mathematics Competitive Advantages
In preparation for the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) exams and required educational experiences, actuarial mathematics students study a variety of topics including:
- Probability (Exam P)
- Financial Mathematics (Exam FM)
- Mathematical Statistics
- Accounting & Finance
In addition, students complete coursework on Bayesian Statistics and Generalized Linear Models. Statistical software is used throughout the curriculum to prepare for the increasing technology demands in the field. The actuarial mathematics curriculum reflects the interdisciplinary nature of actuarial work and was developed in close cooperation with the Meehan School of Business. Students complete required courses in finance, economics and accounting taught by full-time business faculty.
Actuarial Mathematics Employment and Career Opportunities
Over the past year, there have been 4,008 job postings in New England that require an actuarial mathematics degree. And according to Burning Glass Technologies, the field is expected to grow by 18% in the Boston area and by nearly 23% nationwide.
- Business/Management Analytics
- Operations Analytics
- Business Continuity Planning/Analytics
- Price Analytics
- New York, New York – Newark, New Jersey area
- Chicago, Illinois area
- Los Angeles, California area
- Boston – Cambridge – Nashua areas
- Philadelphia, Pennsylvania area
- Actuarial Analyst
- Actuarial Modeling Intern
- Junior Quantitative Trader
- Actuarial Associate
- Actuarial Executive Development Program & Internship
- Actuarial & Analytic Summer Internship
- Health Consulting Actuarial Intern
- Associate Data Scientist
- Government Healthcare Informatics Data Analyst
Stonehill has relationships with several organizations that aid students in the acquisition of internships and postgraduate positions.
Career Development Resources for Students
The Career Development Center offers extensive assistance to students seeking employment, pursuing advanced studies or participating in postgraduate service opportunities. By completing internships and utilizing mentors, students are empowered to build lifelong career management skills.
Go Where Knowledge Lives
We know there’s more to life and learning than what exists within the walls of our campus. That’s why we encourage our students to seize every opportunity to go out and find knowledge at its source. More than 30% of Stonehill students study abroad, nearly three times the national average. Students from all majors can choose from study abroad programs in more than 45 countries.
The College’s study abroad program allows students to discover the world in the pursuit of knowledge, humanity and service.