Gamma Iota Sigma - Sigma Chapter
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Introduction to Actuarial Science

​What is Actuarial Science?

​Actuarial science is a profession that applies math, statistics, and data analytics to quantify the costs of risk and uncertainty and make business decisions.  Actuaries primarily work in quantitative business roles related to risk management, insurance, consulting, analytics, and finance.

​Why should you consider studying actuarial science?

​Actuarial science is a credentialed profession, like the CPA in accounting and CFA in finance.  The education and examination process helps actuaries develop and learn throughout their career, increase their salary as they pass exams, and is one of the reasons it has been a top-ranked job.  Furthermore, actuaries have job security and stability during periods of economic hardship, as more firms need to risk expertise in times of high risk.

​What differentiates actuarial science from statistics/data analytics?

A statistics and data analytics major focuses more on the general organization and interpretation of data as well as the theoretical proof components.  Actuarial science packages the application of those skills along with business knowledge, finance and risk concepts, and professional development, to help you succeed within a profession. 

At Temple, actuarial science students are actively involved in our Gamma Iota Sigma student professional organization, which provides tremendous professional and career development opportunities for students.

We run our own career receptions, so students gain both the support of CSPD and the department during job placement, resulting in strong job placement rates.

​Why study actuarial science at Temple?

​Temple University is one of the few Centers of Actuarial Excellence globally, which is the highest possible level of recognition given by the Society of Actuaries to schools that demonstrate a rigorous curriculum, strong graduation rates, dedicated faculty, quality of graduate placement and connection to industry, and research/scholarship.
https://www.soa.org/institutions/
Picture
Our students can attest to the strength of our program!
Check out this video of student testimonials
Temple University was rated as one of the best insurance programs in the nation by US News
Click here to see the list and read the article.
Temple University is also one of the recipients of the 2020 CAS University Award
Click here to read the article.

​Where can I learn more about actuarial science?

Podcast from a former SOA President
Podcast on actuarial analytics from a Survivor contestant
Recession-Proof Jobs
US Bureau of Labor Statistics
​
Careers In Insurance Night Webinar
​
Look to the Insurance Industry for Job Stability

Contact US

Address:
Gamma Iota Sigma - Sigma Chapter
Temple University - 601C Alter Hall

1801 Liacouras Walk
​Philadelphia, PA 19122
GIS Office:
Phone: (215) 204-9368
Fax: (215) 204-4712
​Email: gammaiotasigma@temple.edu
  • Home
  • About
    • Charity of Choice
    • Gamma Iota Sigma
    • Calendar
    • Officers
    • Faculty Advisors
    • OWLympiad Math Competition
    • Contact Us
  • Speaker Series
    • H. Wayne Snider Distinguished Guest Lecturer
    • Bonnie Averbach Distinguished Guest Lecturer
  • Members
    • Benefits
    • Achievements >
      • Scholarships
      • Exam Passers
    • Opportunities
    • Summer Interns >
      • Actuarial Interns
      • RMI Interns
    • RAD Program
    • RMI Professional Designations
    • Professional Portraits
  • Professional Development
    • Road to the Resume Book
    • Resume Generator
    • Interview Skills Workshop Signups
    • Etiquette Workshop Signups
  • Alumni
    • Temple University Broad Street Run
    • Newsletters
    • Donations
    • Annual Golf Outing
    • ASMP Application
    • Update Information
  • Committees
    • Actuarial Science Career Development
    • RMI Employee Benefits Career Development
    • RMI Property & Casualty Career Development
    • Community Affairs
  • Testimonials
  • Career Receptions
    • Report Internship Offers
    • Report Full Time Offers
    • Actuarial Science Career Reception
    • Risk Management & Insurance Career Reception >
      • Interns
      • Graduating Seniors
  • Communications
    • Risky Business
    • Press Releases
    • Lemons to Lemonade
  • Media
    • Videos
    • Social Feed
    • Photos
    • Sigma Chapter Photo Archive
    • Yearbooks
  • Search
  • Forms
    • Green and Gold Forms
    • RMI 3682 Community Service Events
    • AS/RMI Exam Fee Reimbursement Form
  • Pay Dues
  • Wednesday Meetings Link
  • Actuarial Science
    • What is Actuarial Science?
    • Recommended AS Course Plan
    • Virtual Backgrounds