Bachelor of Mathematics in Actuarial Science

University of Waterloo

In this program, you'll take courses such as the mathematics of finance, risk theory, and pension mathematics taught by professional actuaries in one of North America’s top actuarial schools.

Meanwhile, adding computer science, arts, and various math electives will give you the combination of technical and communication skills that employers are looking for.

Whether you choose the regular stream or the co-op stream, you'll graduate ready to enter a great job market with great prospects and high starting salaries.

Co-op

By alternating school terms and paid co-op work terms throughout your degree, you can explore new career areas and types of employers as your career interests evolve.

Sample co-op job titles

• Finance and accounting analyst
• Web solutions developer/technical analyst
• Defined benefits pension administrator
• Programmer enterprise portfolio management
• Actuarial analyst
• Data scientist
• Insurance associate

Sample co-op employers

• Parmalat Canada
• PricewaterhouseCoopers LLP
• Morneau Shepell
• Canada Life Financial Corporation
• Intact Financial Corporation
• London Life Insurance Company
• Munich Reinsurance Company

What can you do with a degree in Actuarial Science:

Waterloo Actuarial Science graduates commonly pursue careers in finance, management, education, actuary, risk analysis, and consulting. They often work at insurance companies, financial institutions, schools, and more.

Recent graduates

• Financial Business Analyst – BMO Bank of Montreal
• Senior Actuarial Analyst – Sun Life Financial
• Advisory Analyst – State Farm Insurance Company
• Risk Modeling Analyst – TD Securities
• Actuarial Associate – Manulife Financial
• Actuarial Analyst – Munich Reinsurance
• Head, Operations - Visionary Semiconductor