Actuarial science specializes in analysis and risk control and the effects of chance in all matters concerning insurance and pension plans.
Actuaries require a thorough grounding in economics, finance, demographics, computer science and law, in order to provide solutions adapted to specific, but constantly evolving issues.
Actuaries may be responsible for:
- creating and evaluating the cost of new insurance policies
- evaluating possible income assuming the likelihood of future events
- analyzing and forecasting the financial results of pension plans
- analyzing and forecasting the financial results of pension plans
About 80% of actuaries work in life insurance, as opposed to 20% in fire and casualty insurance.
Actuarial science is a profession that enjoys considerable stability through economic ups and downs. Every year, most of our students find jobs in their chosen field even before finishing their studies.