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Actuarial Science

Measure and manage financial risk with a strong background in math, stats, and business

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The Society of Actuaries recognizes the University of Wisconsin-Milwaukee as a Center of Actuarial Excellence—one of only 20 U.S. universities with this distinction—for our quality educational program.

We also have been accepted into the Society of Actuaries’ University-Earned Credit (UEC) program allowing students to earn credit for SOA exams by completing related coursework with high marks.

Manage Risks. Reap Rewards.

Actuaries work in a variety of settings including:

  • Business – insurance companies, consulting firms, banks, and financial service institutions
  • Government – federal and state insurance departments
  • Academia – universities and research

The profession is consistently highly rated for income potential, job security, and work environment. Additionally, the employment of actuaries is projected to grow faster than the average expectation.

Testimonials from Employers

“These actuarial analysts have sophisticated technical skills, demonstrate strong professionalism, and are on track to achieving Associate status within the Society of Actuaries. Their ability to solve complex business problems and consult…leaders is a testament to the excellent educational foundation they established at UWM.”

“We are happy to have three graduates of the UW-Milwaukee actuarial science program currently…All are fellows of the Society of Actuaries (FSA) and members of the American Academy of Actuaries (MAAA). … they are seasoned Principals and shareholders in our practice…”

“… the education received at UWM has helped [some of our actuaries] to be successful here… They are Fellows of the Society of Actuaries, having achieved the designation within several years of graduation and faster than the SOA average. They’ve been promoted to a level that places them in the top 10% of our 5,000 employees, having achieved this rank at a young age.”

Get to know us!

Average24.3Class Size
Number of Countries28for Study Abroad
Students Who Are81%Wisconsin Residents
Student300Organizations
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Join the Actuarial Club!

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Check out our bulletins for more information about what’s going on in Act Sci!

UW-Milwaukee Facts

Degrees Awarded4,9932022–2023
Students Who Are39%First-Generation Students
Undergraduate18,445Enrollment
Graduate4,492Enrollment