The Actuarial Mathematics degree at Stonehill equips students to become actuaries and pursue other analytics careers. It also prepares them to take the first four exams of the Casualty Actuarial Society and the Society of Actuaries.
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.
In preparation for the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) exams, students study a variety of topics including:
- Applied statistics and linear models
- Bayesian statistics
- Statistics for risk management
- Predictive analytics using the R statistical system
The curriculum reflects the interdisciplinary nature of actuarial work and was also 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.
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.