Professional Actuarial Exam Preparation

College of Engineering and Mathematical Sciences

Program Description

Professional Actuarial Exam Preparation

College of Engineering and Mathematical Sciences

Professional Actuarial Exam Preparation

Actuary consistently ranks in the top 10 of all jobs in the United States. This is due to the fact that a graduate degree is not required, yet the role promises both high salary potential and significant job growth. The field also offers great benefits and opportunities for professional development and advancement.

Students in the pre-actuarial science certificate program often begin working in the field immediately after completing their coursework and passing only the initial two certification exams. Because the job market in actuarial science is so hot, companies usually pay for their employees’ remaining exams and often offer them salary increases each time they pass an exam.

In their day-to-day work, actuaries use statistics and theory to analyze the financial impact of risk and liability for payment of future insurance and pension benefits. Traditionally, actuaries have worked in the insurance industry, but they increasingly are finding jobs in health care, consulting, business and government. Visit the Bureau of Labor Statistics’ website to learn more about employment, salaries, and certification for actuaries.

Program Overview

Courses in the University of Vermont’s professional actuarial science sequence, offered fully online or on-campus, are specifically designed to prepare you to sit for the actuarial science exams.

The online sequence allows you to:

  • Learn from home.
  • Learn at a time that fits your schedule.
  • Prepare to enter this fast-growing field.

The on-campus sequence allows you to:

  • Come to UVM’s beautiful Burlington campus, ranked among “The 10 Best Places to Go to College” in the Huffington Post.

Taught by instructors with both formal academic backgrounds and experience in industry, the program has a more than 75% success rate for students taking the certification exams – compared to an industry average of 30%.

Case Study

Read a case study on our new UVM Brainwaves blog to find out how a student – a UVM graduate with a political science degree – completed the actuarial science certificate and landed a job with an international firm after taking only four classes and passing two professional exams.

Who Should Apply

A growing trend in the industry is to value an actuary’s ability to think critically, communicate clearly and present well. This trend is making prospective applicants with well-rounded backgrounds and an aptitude for mathematics more attractive than those with an actuarial degree alone.

The actuarial Science certificate is suited for students with strong math skills and liberal arts degrees with an interest in sitting for the actuarial science exams.

Courses in the certificate are also appropriate for working professionals with strong quantitative backgrounds and degrees who desire to explore the field.

Careers and Internships

Internship and career counseling resources are now available. Students who have officially enrolled in the program and registered for their first course are eligible for career coaching, as well as internship and job shadowing placement assistance through UVM’s College of Engineering and Mathematical Sciences.*

One-on-One Career Coaching

The Career Coaching program is designed to meet the needs of individual students regardless of where they are on their career path. Self-assessment and exploratory tools are available, such as Myers-Briggs Personality or Strong Profile Assessment. In addition, a career coach is available to assist with resume development or enhancement, building interviewing skills, networking and other professional development guidance.*

Internships and Job Shadowing Opportunities

One of the many benefits at UVM is internship and job shadowing outplacement. All interested students, in the final phase of their program, will receive personal assistance to obtain an internship or job shadowing placement. While internships and job shadowing opportunities are not guaranteed, our programs have aligned with a multitude of companies to create many paths to choose from.*


Being an actuary is a desirable career with relatively high pay and comfortable working conditions. It is a desirable occupation for career changers, displaced workers, and unemployed and underemployed individuals with strong quantitative skills. Actuaries need a Bachelor’s degree, and students must complete coursework in economics, applied statistics, and corporate finance, as well as pass a series of exams to become certified professionals.


Internships provide an opportunity to learn by doing, establish a professional network and reputation, and to develop skills and knowledge outside the classroom. While gaining relevant career experience, students earn financial compensation. Internships open the door to future employment opportunities.

The timing for an internship is typically after the successful completion of at least one of the first two exams, or preferably both.

UVM students have participated in internships at leading firms including Marsh, Milliman, and National Life among others. UVM works in collaboration with these organizations and others to help students identify and prepare for internship opportunities.

UVM students have access to many benefits through the Casualty Actuarial Society (CAS) including internships, job shadowing, and co-op opportunities through the CAS member network; access to professional, regional CAS meetings; and career-focused information sessions and informational interviews.*

*These services are only available for students and internship opportunities local to UVM.


If English is not the applicant’s first language, the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) score is required. UVM requires a minimum band IELTS score of 6.5. and 7.0 for funding. For information about test dates and sites for TOEFL, contact TOEFL ; and for IELTS, contact IELTS . If an international student has attended a U.S. institution for three or more years, the Office of Admissions may waive the requirement for TOEFL or IELTS scores on a case-by-case basis.

This school offers programs in:
  • English

Last updated July 12, 2016
Duration & Price
This course is Campus or Online
Start Date
Start date
Sept. 2017
Full time
Start date Sept. 2017
USA Burlington, Vermont
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