The risk management and insurance major at Saint Joseph's University provides students with an in-depth understanding of how to project manage and assess financial risk within the insurance industry. This program offers a track in actuarial studies.
Saint Joseph's University's actuarial science major provides students with a strong analytical foundation and powerful insights on how to manage risk.
WHAT IS AN ACTUARIAL SCIENCE DEGREE?
Saint Joseph's University's actuarial science degree program is designed to ensure you will be fully equipped to succeed in a career as an actuary. Faculty members in the actuarial science program come to the classroom with strong professional experience and provide valuable, firsthand business insight. The curriculum includes courses in the following, leading to a bachelor of science degree in actuarial science:
- Actuarial science
- Data science
WHAT CAN I DO WITH AN ACTUARIAL SCIENCE DEGREE?
The actuary profession is consistently rated as a top profession in the United States. Graduates of the program often receive multiple job offers and work as:
- Financial managers
HOW WILL AN ACTUARIAL SCIENCES DEGREE PREPARE ME FOR THE FUTURE?
PROFESSIONAL ACTUARIAL EXAM PREPARATION
By senior year, students will be prepared to take the first three tests in a series of professional actuarial exams and can take courses for at least two more actuarial exams. The major also ensures that students can receive credit in the three areas covered by Validation by Educational Experience (economics, accounting and finance, and mathematical statistics), which is part of the professional certification process for actuaries.
INTERNSHIPS AND SHADOW PROGRAM
Internship and shadowing opportunities are available for qualified Saint Joseph's University students to learn more about working in this industry and gain real-world experience. These opportunities are facilitated by an industry advisory board composed of chief actuaries and senior executives of regional and national insurers, consulting firms and industry rating organizations. As an actuarial science major, you will have the opportunity to participate in the shadow program, which allows you to follow a working actuary for a day to gain firsthand experience in the field. Paid internships at major insurance companies and consulting firms are also available to students who qualify.
HANDS-ON LEARNING AND NETWORKING
Another strong component of the program is the student-run actuarial science club, which sponsors colloquia and presentations by prominent actuarial executives in the region. It provides peer mentoring and networking opportunities as well as support in the key areas of exam preparation, resume writing, career fair prep and interview techniques.