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Subjects Actuarial science
Subject

Actuarial science

Risk is opportunity – being an actuary is a shrewd career choice.

Actuarial science
Undergraduate Masters Research

Actuarial science applies mathematical and statistical skills to problems arising in applied subjects such as insurance, finance, commerce and government.

Actuarial science at Essex covers the full range of core skills essential for the profession. Our course gives you exemption from the main professional examinations, CS1, CS2, CM1, CM2, CB1, CB2, of the Institute and Faculty of Actuaries (IFoA), subject to your performance on certain modules. This means you can qualify as an actuary faster upon graduation. Actuaries enjoy high rewards and have an excellent work/life balance.

Why study here?
  • Our BSc Actuarial Science course exempts you from key Institute and Faculty of Actuaries (IFoA) exams.
  • You have access to our dedicated computing facilities that provide real-world experience.
  • An exceptional learning environment: world-class lecturers, academics, professional actuaries, further supported by Innovate UK.
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Subject area: Mathematics
Mathematics is the language that underpins the rest of science. Explore the issues that have a real impact on people's everyday lives.
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Subject area: Data analytics
Data Science is a growing industry across the world. By undertaking a degree in understanding data and it's applications you'll set yourself up for a rewarding career.
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Subject area: Economics
Economic recovery is probably one the most pressing and urgent challenges right now and studying an economics degree gives you the unique tools to take on this challenge, find a solution, and improve well-being.

Our postgraduate actuarial science courses are based on the syllabus of the majority of the Core Technical subjects of the Institute and Faculty of Actuaries.

This means you’ll cover Core Technical subjects as part of your course. This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain a solid training in actuarial modelling and actuarial analysis.

Why study here?
  • We are the 'ideas people' of the maths and actuarial science world – work with award-winning teachers and researchers.
  • We have active links with industry to broaden your employment potential and placement opportunities.
  • Through our pioneering teaching approach we develop the actuarial scientists of the future.
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"My favourite modules were those where I was able to work hands-on with data performing analysis, building models, and learning to code. In the era of big data it is an important skill to be able to manipulate, interpret, and gain insights from your data. I had a brilliant experience at Essex, loved the Colchester Campus, and had a great relationship with the lecturers. I am currently working as a Pricing Analyst for RSA Insurance, the oldest property insurance company in the UK. I work within the SME Non-Motor team, pricing shops, offices, pubs, restaurants, hotels, tradespeople, and landlords."
George Brooks msc actuarial science, 2018
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Our mathematics Masters courses
Develop your knowledge with a postgraduate degree from Essex. We have courses that cover mathematics, actuarial science, statistics, data science and actuarial science.
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Maths research at Essex
Our research is broad in reach and has real impact on things like social policy, insurance, human-technology interaction and mathematical physics. But that's not all! There's a lot more research that goes on at Essex.
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Study a Masters course
We have a wide range of postgraduate taught degrees available. From art history to sports science, we've got it covered! Browse our courses and find out more about being a Masters student at Essex.

At research level you will embark on a journey of independent study into a broad range of areas within the subject of actuarial science. 

At Essex the areas you could study include survival analysis, forensic economics, risk management, asset-liability management for pension funds, performance evaluation of funds, and much more. We have staff here to supervise you in any of these research areas. 

Why study here?
  • Students have access to software including MATLAB, R, and LaTeX.
  • Our Department of Mathematical Sciences has an international reputation in many areas like such as semi-group theory, optimisation, probability, applied statistics, bioinformatics and mathematical biology.
  • Work alongside our staff who are strongly committed to research and teaching.
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Our mathematics research group
Our researchers work collaboratively across our Faculty of Science and Health. Our research focuses on analysis and mathematical physics, mathematical applications, and algebra, discrete mathematics and geometry.
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Our data science research group
Data science brings together statistics and data analytics. Our research interests focus on statistics, actuarial science and operational research.
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Research degrees in the Department of Mathematical Sciences
Find out more about the research degrees run by our Department of Mathematical Sciences.
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Explore our research

Discover cutting edge research from the University of Essex. Browse our site to find relevant publications, projects, groups, centres, postgraduate opportunities for research supervision and wider areas of interest. Simply search our site to find information relating to your subject.

Search our research
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Disclaimer

Following the impact of the pandemic, we made changes to our teaching and assessment to ensure our current students could continue with their studies uninterrupted and safely. These changes included courses being taught through blended delivery, normally including some face-to-face teaching, online provision, or a combination of both across the year.

The teaching and assessment methods listed on each course page show what is currently planned for 2021 entry; changes may be necessary if, by the beginning of this course, we need to adapt the way we’re delivering them due to the external environment, and to allow you to continue to receive the best education possible safely and seamlessly.

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