Uses math and statistics to predict the cost of future risks, like how long people will live or how many cars will crash, so insurers can set prices.
You build a model of how many policyholders might file flood claims in the next ten years, test what happens if storms get worse and explain to executives how much to charge.
Pay rises steeply with each exam passed; fully credentialed Fellows often earn $175k-$250k+.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in math, statistics or actuarial science, plus passing a series of tough professional exams (SOA or CAS) over 6-10 years while working.
Ways in: 4-year college, Certification. Training cost: $15k – $60k.
Majors to look at: Actuarial Science, Mathematics, Statistics, Economics.
Growing much faster than average (about 22% over 10 years). Much faster than average.
Medium risk for 10 years. AI writes code and runs models faster, so teams get leaner; credentialed actuaries still sign off on assumptions and answer to regulators.
Classes: AP Calculus BC, AP Statistics, AP Computer Science, Economics.
Official data: O*NET occupation 15-2011.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.