圣约翰大学

An actuary is a business professional who analyzes the financial consequences of risk. Actuaries interpret statistics to determine probabilities of accidents, sickness, death, and loss of property from theft, natural disasters and other causes of loss. Actuaries use mathematics, statistics and financial theory to study uncertain future events, particularly those that are insurable. Actuaries are considered the 'financial architects' of the insurance world.

The field of actuarial science is demanding, rigorous and rewarding. Professional certification as an actuary in the United States requires passing one of two examination series; one is administered by the Society of Actuaries (SOA) and the other by the Casualty Actuarial Society (CAS). Actuaries are in high demand. Most work for insurance companies, consulting and investment firms, government agencies, employee benefit departments of large corporations, hospitals, or banks. The Bureau of Labor Statistics, in its Occupational Outlook Handbook, forecasts a 26 percent increase in the number of actuarial positions by 2022. The rates actuary one of the five best jobs of 2014.

The Actuarial Science program in the Tobin College of Business at St John’s University is recognized by the Society of Actuaries as a Center of Actuarial Excellence. Students learn not only quantitative analysis skills in preparation to pass professional examinations but also earn an undergraduate degree in business, which provides them with an education in accounting, finance, management, marketing, risk management and computer information systems. Leveraging St. John's metropolitan location, students have access to the university's longstanding relationships with leading New York-area firms and an outstanding network of alumni and industry professionals. The School of Risk Management, which houses the actuarial science program, awards scholarships to the program, provides extensive out of-the-classroom learning opportunities, and assists students in finding internships and professional positions upon graduation.

Opportunities

Students will be prepared to:

• Identify, measure and manage risk and exposure to catastrophe losses
• Apply probability pricing models for insurance products and insurance-related events
• Recognize market needs and develop new markets
• Use sophisticated productivity software
• Identify sources of new capital and analyze the impact of globalization
• Formulate an effective business plan
• Integrate in-depth knowledge of legal and regulatory environment in decision making process
• Deliver effective and well-written presentations.