No doubt you’ve seen the job title “actuary” listed among those with the highest starting salaries as you conducted your search for colleges, degree programs, and promising careers. You know it involves math, which you enjoy, and wonder, could this be the career for me?
The field of actuarial mathematics is one of the most prestigious and well compensated. As an actuary, you will answer questions that help shape decisions in everyday life by analyzing financial risks and helping organizations manage those risks.
At Bryant, the Bachelor of Science degree with a major in Actuarial Mathematics focuses on the study of mathematics and statistics to give you a range of skills and broad knowledge to design and manage programs that control risks. Coursework builds strong analytical skills, business knowledge, and an understanding of human behavior. Courses in the Actuarial Mathematics major are taken as early as your first year, so you are immediately exposed to the principles of your degree program.
You may also choose to pursue the Actuarial Mathematics minor, which requires coursework in statistics and actuarial mathematics, and electives in finance, economics, and computer programming.
Future careers, post-grad opportunities
With superior practical and academic experience, Bryant students are well prepared for graduate school and professional success as actuaries, financial analysts/consultants, pension consultants, statistical analysts, and educators. Actuarial Mathematics graduates enjoy some of the highest entry-level salaries and a comfortable work-life balance, rarely working more than 45 hours per week.
Actuarial Mathematics faculty
Bryant’s Actuarial Mathematics faculty includes one member designated as an associate of the Society of Actuaries and another who is a Fellow with the Casualty Actuarial Society and came to the University after many years of professional experience in the actuarial field. Faculty actively consult in the actuarial business field and regularly publish in scholarly and professional journals.
Rohan Laungani '12
Actuarial Associate, PricewaterhouseCoopers
“It’s up to each student to take advantage of all the resources on campus,” says Laungani, who studied Actuarial Mathematics and Economics. “At Bryant, opportunities are endless.”
The recipient of the Actuarial Foundation’s John Culver Woody Award, Laungani, who has lived in India and Nigeria, passed two actuarial exams before Commencement. He is now working at PwC’s New York City headquarters.
“Bryant’s faculty and staff go above and beyond to assist in any area of your life," says Laugani. "Whether you are a current student or an alum, they are always there to support you day and night.”
WALL STREET TRAILBLAZER
Nanette (Buziak) Lexow '93
Managing Director, Head of Equities Trading, ING Investment Management
Few firms were hiring during the recession when Lexow graduated, but a degree in actuarial mathematics and internship experience enabled her to find work in finance.
Now head of a Wall Street trading desk at a global investment manager, she’s been recognized as a trailblazer for women by Trader’s Magazine “for breaking the gender barrier in trading and advancing up the career ladder on the buyside and sellside.”
Lexow, who is known professionally by her maiden name, attributes her success to a strong commitment and being “courageous enough to take on some of the ugly projects nobody else wants.”
INSPIRING BY EXAMPLE
Phyllis Schumacher, Ph.D.
Professor of Mathematics
How is someone’s credit score determined? What are the chances of a certain candidate winning the election? These questions can be answered by actuaries, whose work helps shape decisions in everyday life.
Schumacher teaches in one of Bryant's toughest programs and students and alumni cite her unflappable nature, helpfulness, and innate kindness with helping them succeed.
Amanda Zagame ’11 recalls working on her Honors Capstone project with Schumacher. “Despite being on sabbatical, she came to campus every week to support and guide me through the intensive process.” Zagame is interning as a business analyst at Pan Agora Management.