Why is the department of mathematics think they see potential for actuarial science program?
Actuarial Science CENTRAL WASHINGTON UNIVERSITY, Ellensburg, WA If you excel at mathematics, and like to apply your mathematical skills to challenging problems, then becoming an actuary may be your ticket to an exciting and rewarding management-track career. WHAT DO ACTUARIES DO? Actuaries are professionals who specialize in the assessment of risk. Actuaries define, analyze, and solve real-world problems using mathematical, statistical and financial techniques. Actuaries work on a variety of problems, such as applying mathematical models to insurance company pricing problems, investigating the effects of high-tech medical care on life expectancies, or participating in a company merger or acquisition. WHY BE AN ACTUARY? In the 1988 “Jobs Related Almanac,” actuary was the top-rated job, and the 2002 edition has actuary rated second among several hundred job types. These ratings are based on salary, working conditions, stress, and potential for advancement. Actuaries are very well paid be
