So what is an actuary?

Someone that can take their talent for financial and statistical theories and apply it to real-life business situations.

Actuaries specialise in long-term financial decisions in a variety of areas. One actuarial decision in healthcare, pensions, insurance, banking or investments can have an impact of millions - and sometimes billions - of pounds.

5 steps to getting there

Life as an actuary is interesting, varied, enjoyable and well-paid. It takes talent and a lot of hard work to get there (between 3-6 years to qualify), but the end result is well worth the effort.

Step 1 - Take an A-Level or Higher in Maths
The first thing you'll need is an A-level, Higher or equivalent in maths. Remember, taking maths will broaden your career options even if you change your mind.

Step 2 - Get a good degree
For the majority of actuarial employers, a good degree (2.1 or higher) is essential. Any subject is acceptable, but employers prefer candidates with numerate degrees such as actuarial science, maths, stats, economics, engineering, chemistry or physics.

Step 3 - Find a trainee position
Once you have completed your degree you join an actuarial firm and develop your actuarial and business skills whilst you qualify. Your careers adviser can help, as well as the Actuarial Profession, which provides a list of actuarial employers offering work experience and looking for trainees.

Step 4 - Get qualified
This usually takes 3-6 years, on passing, or gaining exemption from, the professional exams. Exams cover topics such as statistical modeling, economics and financial actuarial maths. You study by distance learning, taking the exams twice a year. Most actuarial firms offer paid study leave whilst you are training.

Step 5 - Enjoy a job anywhere in the world
Once you're qualified, actuarial skills can take you anywhere. There's a huge variety of exciting careers waiting for you…

Find out what's going on at your university

More information about events happening at your prospective university.

Actuaries in a nutshell

• It's all about managing risk
• It's as highly regarded as medicine, architecture and law
• It's a global profession with internationally recognised qualifications
• You'll need an A-level or Higher in maths and a good degree (2.1 or above)
• It takes 3-6 years to qualify