Actuarial Mathematics


We strive to prepare motivated students for careers as actuaries and risk management professionals by giving them the mathematical foundations of insurance concepts in the classroom setting and then connecting them with companies for internships, sponsored-projects, and full-time employment.  We also foster connections between students and the governing actuarial organizations (SOA and CAS) and help guide them through the industry exam process.  We work with the SOA and CAS to ensure we have all the resources necessary for a student to progress towards their Associate-level credential while here at WPI.


Course Offerings in Support of Industry Exams:

Typically we have between 12 and 15 students registered as Actuarial Mathematics majors in each of the four class levels.  Normally it is during the sophomore year that a student begins taking specialized actuarial classes with the Theory of Interest and Actuarial Mathematics sequences.  Juniors are working on their Loss Models classes, and VEE requirements, and taking the Topics in Actuarial Mathematics offering.  Lastly, seniors are engaged in their MQP work and possibly taking a second or third iteration of the Topics in Actuarial Math course.

Sophomores and Juniors are seeking internship opportunities while Seniors are searching for full-time employment or applying to graduate school.

  • Probability (taught by range of WPI Mathematics Dept. Faculty)
  • Theory of Interest (2 course sequence)
  • Actuarial Mathematics for Long-Term Life Contingencies (2 course sequence)
  • Loss Models for Short-Term Actuarial Mathematics (2 course sequence)
  • CAS Estimating Unpaid Losses (special topic course last held Fall 2018)
  • CAS Ratemaking (special topic course last held Fall 2017)
  • VEE approved courses for Economics, Corporate Finance, Statistics

Networking Opportunities between Students and Industry

  • Actuarial Networking Night (companies specifically looking for actuarial talent)
  • WPI Career Fair (companies looking for WPI students from all majors)
  • Major Qualifying Projects (students working with companies on specific problems)
  • SOA on-campus visit (last held Fall 2017)
  • CAS on-campus visit (last held Spring 2018)
  • Traveler’s Actuarial Case Competition (two-time winners)