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
  • Economics
  • 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.

  • Actuary
  • 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

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Recent Accolades

Organizations involved in assessing U.S. colleges and universities continually cite Stonehill as being among the best in the nation when it comes to value, outcomes and a commitment to making the world a better place. See full list of accolades.

Employer Partnerships

Stonehill has relationships with several organizations that aid students in the acquisition of internships and postgraduate positions.

Outside Partnerships & Special Programs

Stonehill College has developed academic affiliations with colleges and universities that enable our students to augment the degree they earn at Stonehill with graduate and undergraduate degrees that further enhance their opportunities.

Save Money: Earn Two Degrees in as Little as Four Years

The Skyhawk Accelerated Dual Degree allows Stonehill students to earn a bachelor's degree and master's degree from Stonehill College in as little as four years. Eligible students receive early and expedited admission to their graduate program of interest and can begin working toward a master's degree in education, data analytics or marketing. Stonehill students also receive 20% off for remaining graduate tuition through the Skyhawk Rate.

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.

Learn more about international opportunities at Stonehill.

Contact Information

Heiko Todt

Heiko Todt

Professor of Mathematics, Mathematics Department Chair, Data Science Program Co-Director, Actuarial Mathematics Program Director