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Actuary

Calculate the financial risk of insurance, pension and investment plans.

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Career facts

Preparation
Considerable preparation needed · most need a bachelor's degree
Ways in
  • Bachelor's degree
  • Industry certification

About this career

Actuaries estimate how likely events such as accidents, illness or death are, and what an insurer or pension plan should charge and hold in reserve to cover them. They build these estimates with probability, statistics and financial models in Excel, R or SAS. Entry takes a bachelor's degree in math, statistics or actuarial science, plus a series of professional exams.

Learning path

Take these courses in order, from beginner to mid-level.

  1. Step 1: STEM Foundations: The Universal Skill Stack

    The shared base every STEM career uses: working with numbers and units, testing ideas fairly, handling data and code, and explaining your work.

    Level: Beginner4 modules · 12 lessons · 7h 18mAlso used in 34 other careers
  2. Step 2: Foundations for Math, Statistics & Analytics Careers

    How statisticians, actuaries and operations research analysts work: the math they use, pairing it with code, credentials, evidence, and explaining results honestly.

    Level: Beginner3 modules · 9 lessons · 3h 44mAlso used in 2 other careers
  3. Step 3: Digital Literacy for Tech & STEM Work

    The everyday computer, internet, safety and AI skills every tech and STEM job assumes you already have.

    Level: Beginner4 modules · 12 lessons · 6h 8mAlso used in 34 other careers
  4. Step 4: Professional Communication & Teamwork

    Write clear emails and documents, present and run meetings, work well on teams, and navigate résumés, interviews and networking.

    Level: Beginner4 modules · 12 lessons · 7h 24mAlso used in 34 other careers
  5. Step 5: Math for Tech & STEM

    The practical math behind tech and STEM work: numbers, algebra, functions, geometry, logic and counting, with short code exercises.

    Level: Beginner5 modules · 15 lessons · 7h 32mAlso used in 34 other careers
  6. Step 6: Spreadsheets for Data Work

    Clean tables, correct formulas, lookups, pivot tables and honest charts in Google Sheets, LibreOffice Calc or Excel.

    Level: Beginner3 modules · 9 lessons · 6h 35mAlso used in 16 other careers
  7. Step 7: Python Fundamentals

    Learn to program in Python from zero: values, decisions, loops, functions, data structures, files, modules and a small data project.

    Level: Beginner5 modules · 15 lessons · 9h 53mAlso used in 22 other careers
  8. Step 8: Statistics Fundamentals

    Describe data, reason with probability, and draw honest conclusions from samples, with short fill-in-the-blank Python exercises.

    Level: Beginner4 modules · 12 lessons · 6h 50mAlso used in 14 other careers
  9. Step 9: Intro to Data Analysis with Python

    Load, clean, reshape and explore real data with Python and pandas, then turn the results into clear findings.

    Level: Intermediate4 modules · 13 lessons · 12h 55mAlso used in 10 other careers
  10. Step 10: Calculus & Linear Algebra for STEM

    The calculus and linear algebra behind science, engineering and machine learning: derivatives, integrals, vectors, matrices, gradients and eigenvalues, with Python exercises.

    Level: Intermediate4 modules · 12 lessons · 7h 48mAlso used in 11 other careers
  11. Step 11: Probability & Statistical Inference

    Model uncertainty with random variables and distributions, then estimate, test and update beliefs from data, with Python simulations you run in the browser.

    Level: Intermediate4 modules · 12 lessons · 9h 26mAlso used in 7 other careers
  12. Step 12: Actuarial Mathematics

    The core mathematics of the actuarial profession: interest theory, life contingencies, loss models, credibility and ratemaking, plus how to plan the SOA and CAS exams.

    Level: Mid-level4 modules · 12 lessons · 7h 29m

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