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M.S. in Actuarial Science Program at Temple University

The Actuarial Profession

Actuaries are highly educated business executives who specialize in the evaluation of insurance and financial risk. As an actuary, you will have the opportunity to apply your mathematical skills in a dynamic business setting.

Actuaries hold positions of responsibility with insurance companies, consulting firms, investment banks, self-insurers, government regulators, and government insurance programs. Because of their talent and valuable expertise, actuaries are well compensated, and often rise to the highest levels of management.

To earn professional designations, actuaries in North America take a series of examinations given by either the Society of Actuaries (for life/health insurance and employee benefits) or the Casualty Actuarial Society (for property-liability insurance). The actuarial profession has been rated the "best profession" in the nation by the Jobs Rated Almanac.

CNN News:Mathematician and Actuaries are the best two professions in the United States.

Based on a January 2009 study of the best and worst professions by JobsRated.com, Mathematician, Actuaries are the top two professions in the United States in 2008. The study evaluated 200 professions based on work environment, income, employment outlook, physical demands and stress. In 2008, mathematicians earned an average annual income of $94,960, actuaries reached an average annual salary of $95,980, according to the most recent data from the Bureau of Labor Statistics.

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