Actuarial Sciences

Study the art of risk: measuring it, assessing it, managing it, mitigating it – and sometimes profiting from it.  crossing the road, making a cup of tea, flying on holiday, starting a new business: nearly everything in life encompasses an element of risk. and to an actuary, risk is everything. if you’re strong on mathematics and have an interest in business and economics, are fascinated by world events and not afraid to take an educated gamble, a career in this small but growing (and pretty lucrative) profession could be ideal.  our actuarial science degree will teach you how to look to the future from a business perspective, assess any likely impact, then put a price on mitigating any risk. and with an integral year in industry, you’ll gain invaluable hands-on experience, putting the theory into practice.  actuarial science is exciting, challenging and stimulating – and its skillsets are in increasingly high demand.

You’ll spend your third year on industrial placement in a commercial environment. recent placement partners in the school have included aviva, lloyds bank, nfu mutual, xafinity and lv. you will be expected to seek your own work placement. however, we will, of course, offer significant guidance and support to help you with to identify and secure your placement. during this year you’ll be supported by an industrial supervisor and a mentor from the university. you and your industrial supervisor will feed back during the placement to ensure that it is progressing well, and your uea mentor will visit you during the year. please note that we cannot guarantee any student a work placement as this decision rests with potential employers. if you are unable to secure a work placement by the end of your second year you will have the option to apply to be transferred onto the equivalent degree programme without a year in industry.

• Type: Optional

• Duration: Contact us for up-to-date information

• Fees: Contact us for up-to-date information

On successful completion of our actuarial science degree, your academic performance could earn you exemptions to the professional actuarial examinations set by the institute and faculty of actuaries. this means that on graduation, subject to reaching a certain level of academic performance, you will be entitled to exemptions from cm1&2, cs1&2 and cb1&2. if you achieve a good degree class, you can expect to be fully qualified within two or three years. beyond becoming a professional actuary, you could choose to pursue a stimulating and influential career in a wide range of sectors, including business, insurance, pensions, banking, accounting and other financial services.

Work while you study

You can also work on a UK student visa, from 10 to 20 hours per week during the academic year, 40 hours per week or full-time during vacations.

Partnerships

Most universities in England have partnerships with different companies and organisations to ensure their students get enough professional training as students. In addition to increasing their students' chances to get hired by one of the universities. University of East Anglia has partnerships with the following companies: