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Actuarial Science and Risk Management

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IRisk Lab

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Alma Mater.
Mathematics at Illinois

Illinois Mathematics Department offers a wide range of education and research programs.

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Actuarial Science mixes together the perfect blend of statistics, economics, finance, and risk management. This mixture is often in high demand among many different industries, and recruiters see those from the University of Illinois as even more attractive candidates than those from peer institutions.

Come join us in Actuarial Science at the University of Illinois!

60+ Years

An Established Program for Decades

Over 2800

Alumni Around The World

1 Of Only 15

Programs Ranging From Undergrad to PhD Degrees


Of All Actuarial Graduates Nationwide Annually


Advising and Career Counseling

The Actuarial Science Office is available to provide advice and guidance to both undergraduate and graduate students in the actuarial science program. Our advisors will counsel students on a variety of issues such as course selection, actuarial exams, and career options.


Actuarial Science Club

The Actuarial Science Club is a student organization formed with the objective of optimizing the student experience in the actuarial science community on campus. The ASC is involved with a variety of initiatives such as social events, career fairs, and networking.


Meet Our Graduates

With over a century of history in delivering actuarial training, the Illinois program boasts a vast and reputable network of proud alumni worldwide. Meet some of our recent graduates to find out more about their experiences at UIUC.

Why Actuarial Science?

Actuaries Are Difference Makers
Business World Meets Risk Management and Data Science
All societies, organizations, and individuals face uncertainty and risk
while needing to solve issues and manage successful outcomes.
Risk is the effect of uncertainty on objectives.
The Power of Prediction and Purpose
Actuaries manage businesses and risks with a holistic probabilistic perspective.
Big-picture results grounded in technical analysis
Balances short-term and long-term objectives/Enables opportunities
Solves challenges across a range of uncertain possibilities.
Any industry, business, organization, or government agency
The Power of Informed Decisions & Actions

Welcome to the Actuarial Science Program at the University of Illinois at Urbana-Champaign!

The Actuarial Science Program at Illinois curriculum, housed in the Department of Mathematics, reflects the interdisciplinary nature of actuarial science, allowing students to receive not only essential actuarial training, but also to take a variety of courses in mathematics, statistics, economics, finance and computer science. 

Get to know our program!

We have a vibrant community with a wide range of opportunities! This includes an Actuarial Science Club that offers:
Annual Meet-the-Firms Career Fair
Fun Social Events
Academic and Career Support
Company Visits
Interviews, Internships, and Jobs

The Actuarial Science Program, through its strong relationship with its alumni, corporate partners, and both the SOA and CAS, are consistently updating and enhancing program content so that our students and graduates are well prepared for their careers from the moment they graduate.

Center of Actuarial Excellence

We have been named a Center of Actuarial Excellence by the Society of Actuaries (SOA), one of a few such programs in the U.S. to be so recognized. The designation is earned by meeting stringent requirements and qualifications regarding quality of degree program and curriculum at the undergraduate and graduate levels, faculty composition, connections to industry, and research/scholarship.

Casualty Actuarial Society (CAS) University Award

The Casualty Actuarial Society (CAS) has also selected the University of Illinois twice as a winner of the prestigious University Award, recognizing its exemplary work in preparing students for a career in the property and casualty insurance industry. The university received an inaugural award from CAS in 2016 and again in 2020.

University-Earned Credit

The University of Illinois is one of a selected schools that can offer a wide range of UEC courses. The UEC credits assist with traditional SOA exams. This will help guide students to professional designations.

Illinois Risk Lab

Research Industry-academic collaboration hub, Discovery-based learning experience for students, Showcases state-of-the-art research in all areas of Risk Analysis and Advanced Analytics