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College of Arts & Sciences

Actuarial Science

Why pursue an actuarial science degree at North Central College?

Every student in our actuarial program will analyze the financial costs of risk affairs using mathematics, statistics and financial theory. Our program is designed to help you gain educational experience in financial mathematics and expand your career opportunities across industries.

With North Central's actuarial science program, you will have the opportunity to gain hands-on experience as early as your first year on campus. This experience will equip you with the skills to secure key internships and launch a successful career. A career in actuarial science offers a competitive starting salary, opportunities for career growth, job security, and the ability to create meaningful impact.


  • Managing and quantifying risk
  • Combining your technical and business skills
  • Solving problems with complex actuarial mathematics

then a degree in ACTUARIAL SCIENCE might be for you.

What is an actuary?

An actuary is a risk management professional that combines mathematics, data science, and applied statistics to ensure institutions minimize financial losses due to unforeseen risks. Actuaries work in a variety of different occupations from consulting firms to human resources.

Why study actuarial science at North Central College?

In the Classroom

Coursework topics:

  • Accounting principles
  • Computer science
  • Corporate finance
  • Data analytics
  • Econometrics
  • Linear algebra 
  • Macroeconomic principles 
  • Microeconomic principles
  • Models for financial economics
  • Money and banking
  • Probability
  • Single variable and multivariable calculus
  • Theory of interest

Beyond the Classroom

As an actuarial science major, you can:

  • Conduct research with professors as early as your first year on campus.
  • Network by attending local, regional and national professional conferences.
  • Gain real-world experience interning with nearby Naperville and Chicago companies such as Aon, Allstate, Blue Cross Blue Shield and more.
  • Participate in peer tutoring or become one yourself.
  • Join the Actuarial Science Club, the professional insurance fraternal society Gamma Iota Sigma and the mathematics honor society Pi Mu Epsilon.
  • Receive preparatory and financial support for industry-required actuarial exams.

More Department information

Actuarial Science, B.S.

For additional programs and courses in this department, see Mathematics.

It is strongly recommended that Actuarial Science majors pass at least one actuarial exam (preferably by the summer following their second year) and complete an internship before graduation.

Actuarial Science Internships and Jobs

A North Central education integrates career preparation with rich academic study. Our faculty encourages you to refine and apply your knowledge in an interconnected world. Here you'll learn to think independently and work globally to solve problems and lead.

Our students have recently been awarded internships or have received job
offers from the following companies:

  • Allstate
  • Liberty Mutual
  • Blue Cross Blue Shield
  • Lauterbach & Amen
  • AAIS
  • State Farm
  • Aon
  • Country Financial
  • Mercer
  • Unum
  • CNA
  • W.R. Berkley Corporation
  • Milliman
  • Guarantee Trust Life
  • HUB
  • USLI
  • American Association of Insurance Services
  • BrickStreet
  • Northwestern Mutual
  • Travelers
  • American Family

Invest in your future

Choosing the right college is a big decision. Don’t make it alone. North Central’s admission and financial aid team is here to help you design a financial aid solution that works best for you and your family. 

Merit scholarships, grants, loans, campus employment - these are just some of the resources available to you. Over 95 percent of students and 100 percent of all eligible students receive aid. Let our team partner with you in finding the best value for your education.

Learn more about financial aid and costs for North Central College

Apply to North Central College

The first step to becoming a North Central student is reading the application instructions specific to you. Find out everything you need to know about applying by selecting the group you belong to below.