North Central College - Naperville, IL

Actuarial Science

Why choose actuarial science at North Central College?

We’re one of the few schools with a full-fledged actuarial science major offered jointly by two departments–mathematics and finance. This exposure to “both sides of the house” will vastly expand your job options after graduation. And because we keep our classes small, you’ll receive all the personal attention you need to prepare for the probability and financial mathematics exams you’ll need to pass before working in the field.

You can also:

  • Conduct research with your professors as early as your first year on campus.
  • Attend local, regional and national professional conferences.
  • Gain hands-on experience by interning in the Naperville area and Chicago.
  • Obtain extra help from a peer tutor—or become one yourself.
  • Join the mathematics honor society Pi Mu Epsilon.

News

Eric McKee
Eric McKee of Naperville earned honors for outstanding major in finance and actuarial science during Honors Day May 15 at North Central College.
Heather Carlson '91 delivered the keynote address at North Central College’s 15th annual Rall Symposium for Undergraduate Research.
Math major Maria Gommel ’13 joins the ranks of Goldwater Scholars

News

Internships

  • Actuarial intern, Allstate, Northbrook, IL
  • Actuarial intern, Assurant, Milwaukee, WI

Careers

Recent graduates in actuarial science include:

  • Actuarial associate
  • Actuarial analyst
  • Actuary
  • Actuarial leader

Feature

Michael Matuszak

Actuarial science major

"The actuarial science major at North Central is great," says Michael. "It combines math and economics, so you can diversify and study a lot of different subjects." He’s also pleased that it helps prepare him for the challenges of the professional world: “We have classes specifically geared toward the probability and financial math exams that we need to pass before we can work in actuarial science."

So what does the future hold? "Maybe a job in actuarial science, or finance, or economics," he says. "Or maybe graduate school. We’ll just have to see. There are lots of possibilities. That’s a big plus of this major."

Feature

Eric McKee

Actuarial Science

At North Central College, Eric McKee found a rigorous academic and balanced liberal arts education.

“I’m getting a broad education,” he says. “I have better writing and communication skills than someone who just learned math and technical information. At North Central you learn the math but you also learn how to communicate.”

Actuaries in the United States and Canada achieve professional status by passing a set of three examinations and other requirements set by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). Eric says his professors are “really good at helping me learn the material.” North Central’s program prepares students for the first two exams, and then offers classes that meet the requirements for the third exam, called the Validation by Educational Experience. “My classes for the first two exams were really helpful, because I was struggling to learn the material on my own.” He hopes to take the third test before he graduates.

Eric wants to join an actuarial firm after he graduates. As a student he earned money working as a math tutor through North Central’s EDGE Structured Study program.