Statistics and Actuarial Science Major
The UNI Department of Mathematics is home to a nationally acclaimed statistics and actuarial science program, preparing students for one of the most high-demand fields in the job market.
If you have strong quantitative skills, an analytical mind, and like to help people solve problems, consider a major in statistics and actuarial science. With the growing prevalence of big data and the focus on quantitative analysis, there are job opportunities in virtually every field, whether it’s business, healthcare, insurance, science or even media and entertainment.
Through our top-notch program, you’ll take all of the coursework necessary for the first five exams of the Society of Actuaries, be connected to summer internships, and complete coursework in accounting, economics and finance through our renowned College of Business.
The UNI Department of Mathematics is home to a nationally-acclaimed actuarial science program.
Of UNI graduates are employed or continuing their education within six months of graduation.
Median annual wage for an actuary, according to the U.S. Bureau of Labor Statistics.
Find out More About Statistics and Actuarial Science
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Contact us directly at:
Department of Mathematics
College of Humanities, Arts and Sciences
University of Northern Iowa
Cedar Falls, Iowa
Phone: (319) 273-2631
Opportunities for Students
Actuarial Science Networking Day
Every year, the department hosts an Actuarial Science Networking Day. Companies who frequently visit include national companies such as: Allied Insurance, All State, American Family Insurance, AEGON, CIGNA, CUNA Mutual, Mutual of Omaha, Northwestern Mutual, Principal Financial Group and State Farm. These employers recruit students for both internships and full-time positions.
Actuarial Science Club
Outside of class, the Actuarial Science Club offers you a chance to network with practicing actuaries, alumni, and representatives of insurance companies. In addition to providing valuable information and opportunities for interaction from the career point of view, the Actuarial Club provides a forum for enhancing communication, leadership and social skills.
“The UNI Actuarial Science program opened many doors for me. The professors at UNI were instrumental, as they provided me with individual support, facilitated valuable career connections and challenged me to be a better student.”
Common Career Areas
According to the U.S. Bureau of Labor Statistics, the demand for actuaries is projected to grow 24 percent from 2020 to 2030, much faster than the average for all occupations. Common career areas in the field include:
- Actuarial Analyst
- Business Analyst
- Data Analytics
- Project Planner
- Workforce Analyst
Connecting You with Careers
Gain Experience in the Field
Students majoring in statistics and actuarial science will complete at least one summer internship at an actuarial company before their senior year. National insurance companies such as State Farm, American Family Insurance and Nationwide come to campus each year to recruit our students for internships and full-time positions.
Kickstart Your Future
Through our program, students will take all of the coursework necessary for the first five exams of the Society of Actuaries, and will be expected to pass at least two of the examinations administered by the Society of Actuaries or the Casualty Actuarial Society before graduation. For more information on exam requirements, visit our website.