Qualifying as an actuary is a passport to a wide variety of careers in insurance companies, investments, pensions, health care and banking - not just in the UK, but throughout the world. Kent is one of a very few universities in the UK to teach the subject. Our MSc in Applied Actuarial Science is fully accredited by the Institute and Faculty of Actuaries; it also provides a fast-track route to qualifying as an actuary, because students who achieve a high enough overall mark in this programme can obtain exemptions from the professional examinations included within their studies. This programme is offered by the School of Mathematics, Statistics and Actuarial Science, University of Kent.
The MSc is available as a full-time (one-year) or part-time (two-year) programme and is suitable for those who have completed a first degree or postgraduate diploma in Actuarial Science, or those who have studied the majority of the earlier subjects in the Core Technical Stage subjects. About the School of Mathematics, Statistics and Actuarial Science (SMSAS) The School has a strong reputation for world-class research and a well-established system of support and training, with a high level of contact between staff and research students. Postgraduate students develop analytical, communication and research skills. In 2010, the Centre for Actuarial Science, Risk and Investment (CASRI) was set up within SMSAS to reflect the widening scope of the teaching and research of the staff.
Areas of research interest include economic capital and risk management for financial services firms, mortality and longevity modelling, longevity indices and markets. Other research topics include genetics and insurance, insurance economics, pensions and corporate reporting. The Centre includes 13 professionally qualified actuaries with many years- practical experience in insurance and pensions, and who maintain excellent links with the actuarial profession.
Careers: The UK Actuarial Profession, The UK Actuarial Profession is small, but influential and well rewarded. There are more than 6,500 actuaries currently employed in the UK, the majority of whom work in insurance companies and consultancy practices. Survey results published by the Institute and Faculty of Actuaries suggest that the average basic salary for a student actuary is 36,842 with pay and bonuses increasingly sharply as you become more experienced.
The average basic salary of a Chief Actuary is 209,292. As an actuary, your work is extremely varied and can include: advising companies on the amount of funds to set aside for employee pension payments; designing new insurance policies and setting premium rates; pricing financial derivatives and working in fund management and quantitative investment research; advising life insurance companies on he distribution of surplus funds; and estimating the effects of possible major disasters, such as earthquakes or hurricanes, and setting premium rates for insurance against such disasters.
University of Kent, United Kingdom
Qualifying as an actuary is a passport to a wide variety of careers in insurance companies, investments, pensions, health care and banking - not just in the UK, but throughout the world. Kent is one of a very few universities in the UK to teach the subject. Our MSc in Applied Actuarial Science is fully accredited by the Institute and Faculty of Actuaries; it also provides a fast-track route to qualifying as an actuary, because students who achieve a high enough overall mark in this programme can obtain exemptions from the professional examinations included within their studies. This programme is offered by the School of Mathematics, Statistics and Actuarial Science, University of Kent.
The MSc is available as a full-time (one-year) or part-time (two-year) programme and is suitable for those who have completed a first degree or postgraduate diploma in Actuarial Science, or those who have studied the majority of the earlier subjects in the Core Technical Stage subjects. About the School of Mathematics, Statistics and Actuarial Science (SMSAS) The School has a strong reputation for world-class research and a well-established system of support and training, with a high level of contact between staff and research students. Postgraduate students develop analytical, communication and research skills. In 2010, the Centre for Actuarial Science, Risk and Investment (CASRI) was set up within SMSAS to reflect the widening scope of the teaching and research of the staff.
Areas of research interest include economic capital and risk management for financial services firms, mortality and longevity modelling, longevity indices and markets. Other research topics include genetics and insurance, insurance economics, pensions and corporate reporting. The Centre includes 13 professionally qualified actuaries with many years- practical experience in insurance and pensions, and who maintain excellent links with the actuarial profession.
Careers: The UK Actuarial Profession, The UK Actuarial Profession is small, but influential and well rewarded. There are more than 6,500 actuaries currently employed in the UK, the majority of whom work in insurance companies and consultancy practices. Survey results published by the Institute and Faculty of Actuaries suggest that the average basic salary for a student actuary is 36,842 with pay and bonuses increasingly sharply as you become more experienced.
The average basic salary of a Chief Actuary is 209,292. As an actuary, your work is extremely varied and can include: advising companies on the amount of funds to set aside for employee pension payments; designing new insurance policies and setting premium rates; pricing financial derivatives and working in fund management and quantitative investment research; advising life insurance companies on he distribution of surplus funds; and estimating the effects of possible major disasters, such as earthquakes or hurricanes, and setting premium rates for insurance against such disasters.
University of Kent, United Kingdom
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