Actuarial Society

About

The Brooklyn College Actuarial Society organizes and plans events pertaining to the actuarial field. If you have an interest in the actuarial field and would like to find out more information about our society and the events/activities that we hold throughout the year, feel free to contact us.

Connect With Us

Follow us on Facebook and the BC Bulldog Connection to be in the know about upcoming events, activities, and other opportunities that you may wish to participate in.

Contact Us

If you are interested in becoming a member, contact the Actuarial Society adviser, Professor Stephen Preston.

Check back here or write to Professor Preston to find out about upcoming Actuarial Society events.

Past Events

Interested in finding out what past events we held for our members? View the following pages:

What Is an Actuary?

Actuaries are highly sought-after professionals who develop and communicate solutions for complex financial issues. They can be viewed as a business professional who analyzes the financial consequences of risk. They use their knowledge of mathematics, statistics, business management, and financial theory to manage risks arising from uncertain future events, especially those of interest to insurance and pension funds management businesses.

Due to the broad range of skills developed throughout their preparation, actuaries are able to find employment at a wide range of businesses and organizations such as the insurance industry, banks and financial institutions, consulting firms, accounting companies, industrial corporations, governmental organizations, hospitals, universities, and employee benefits departments of labor unions or large corporations.

A career as an actuary is simultaneously intellectually stimulating, prestigious, and well compensated, being consistently ranked as one of the best jobs in the United States by a number of sources such as US News & World Report, the Jobs Rated Almanac, and CNN Money, among others.

Actuarial Mathematics B.S. Program

The Brooklyn College B.S. Program in Actuarial Mathematics, offered by the Department of Mathematics, was devised to provide you with the essential academic background on mathematics, statistics, finance, economics, and business to prepare you for some of the actuarial exams, help you compete for entry-level jobs as an actuary, and assist you with embarking on the successful career path as an actuary.

The program website contains information about what are actuaries, where they work, how to become an actuary, what courses are needed to complete the degree as well as their respective descriptions, and valuable resources that you should check out regarding the actuarial profession.

If you have questions regarding this degree program, e-mail Associate Professor Diogo Pinheiro.

Resources

Be an Actuary

This website is brought to you by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). It will help you understand the life of an actuary, learn what it takes to become an actuary, and find out if the actuarial profession is a good fit for your strengths and skill set.

You can discover some of the following:

what is an actuary—what they do (problems they solve, areas of expertise, day in the life of an actuary, how they view the world, jobs by type of employer)
where they work (jobs by region, location FAQ)
why it is a top-ranked job
fast facts about actuaries
why pursue actuarial science—top-ranked job, salary, work/life balance, career outlook, nontraditional trajectories, and solving real-world problems
how do you get started—is this the career for you, colleges with actuarial programs
what to study in college
scholarships and internship opportunities
how to prepare for actuarial exams
finding a job—career center, job opportunities, tips, and tools
news and resources

Society of Actuaries

The Society of Actuaries (SOA) is the professional society for the actuarial profession. Through education and research, the SOA advances actuaries as leaders in measuring and managing risk to improve financial outcomes for individuals, organizations, and the public.

This site offers a lot of valuable information. Some of the things you can find include:

why become an actuary (what an actuary does, value they offer, day in the life, career paths, how to get started on your career path as an actuary)
education needed to become an actuary (credentials, programs, scholarships, reimbursements)
career development opportunities (internships, jobs) and networking events
education and exams (designations, credentials, register for exams, past exams and solutions)
professional development opportunities (meetings, seminars, symposia, webcasts, virtual sessions, e-courses, podcasts)
research (by topic—aging, climate, disability, health, pensions, risk management; opportunities: proposals, calls for papers, grants, awards)
publications (magazines, journals, newsletters)
professional sections—different groups under the SOA umbrella which focus on a particular area of the profession
about SOA (mission, vision, newsroom, membership, activities, job opportunities)

Casualty Actuarial Society

The Casualty Actuarial Society (CAS) fulfills its mission to advance actuarial science through a singular focus on research and education for property and casualty actuarial practice. Its members are experts in property and casualty insurance, reinsurance, finance, risk management, and enterprise risk management.

The CAS website contains information about:

CAS (mission, vision, values)
becoming a member
becoming a future fellow (get credentialed, informed, connected, and involved)
CAS Student Central (a free membership program for university students interested in pursuing an actuarial career; gain access to: exclusive career resources, an online community, networking event invitations, and webinars)
exams/admissions and the CAS path to success
professional education opportunities
professional standards and guidelines
community opportunities
calendar of events
publications
research projects/opportunities
career center