Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries and professionals. Actuaries use statistical techniques and mathematical skills to assess the probability of an event and its financial consequences.

They evaluate complex risks and assess the potential financial consequences of those risks.

Subject Combination

English, Mathematics, Economics and any other Social Science subject


Typical employers of actuaries are life assurance companies, pension funds, insurance companies and consultancies, health centres, management consultancies, banks, accountancy firms, actuaries’ consultancies, and government actuaries departments.

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