What can you do with a Actuarial Science degree from University of Illinois at Urbana-Champaign?

First, some facts. Of the Actuarial Science graduates from University of Illinois at Urbana-Champaign we've analyzed , here's how many have used (or NOT used) their degree in their career:


These are estimates based on AI analysis of 11 LinkedIn profiles (see below).

The verdict? Above average. Overall, with an average relevance score of 76%, Actuarial Science graduates from University of Illinois at Urbana-Champaign have a higher likelihood (+9%) of finding work in this field compared to the average graduate across all fields:

Average score: 76%
Average relevance score across all fields: 67%

And for comparison, here's the chart for all profiles we've looked at across all degrees.

× Chart

Also, after graduating, only 9% of these graduates have pursued further education other than another Bachelor's degree (such as a Masters degree or other), compared to the average across all profiles of 35%. This suggests a Bachelors degree is enough for most Actuarial Science graduates, and it's normal to look for work straight after graduation.

See the details:

View a random Actuarial Science graduate from University of Illinois at Urbana-Champaign and our analysis:


Relevance score: 37%

We think this person has NOT gone into a career related to their degree.

DEGREE INFO

Graduated in 2021 from University of Illinois at Urbana-Champaign with a Bachelor's degree in Actuarial Science. No other secondary education since.

JOB HISTORY SINCE GRADUATION
Human Capital Analyst
Deloitte
Jul 2021 - Jun 2023
The role of a Human Capital Analyst does not require specific actuarial skills or knowledge, as it primarily focuses on human resources and organizational analysis rather than actuarial science.

Actuarial Consultant
Deloitte
Jun 2023 - Present
As an Actuarial Consultant, the job directly utilizes actuarial knowledge and skills learned during the Bachelors degree, requiring specific expertise in risk assessment and financial modeling on a daily basis.

ABOUT

No information provided.

What jobs can you get with a Actuarial Science degree from University of Illinois at Urbana-Champaign?

The top 10 most common jobs done by the graduates we've analyzed (ranked most common to least) are:


From the profiles I analyzed, it seems like graduates from the University of Illinois at Urbana-Champaign who studied Actuarial Science are mostly ending up in roles like Actuarial Analyst, various internship positions, and consultants at prominent insurance and consulting firms. Companies like State Farm, Aon, and Mercer appear to be common employers, and most of these roles strongly utilize the skills learned during their studies—think statistical analysis, risk assessment, and various actuarial techniques. For those in more specialized positions, like Catastrophe Research Manager or Health and Benefits Actuarial Analyst, the connection to their degree seems even clearer, as they apply complex actuarial principles day in and day out.

However, there are a few cases that stand out where the jobs are less relevant to the field of actuarial science. Some graduates have taken roles in auditing, human resources, and even teaching math, which, while they might involve some quantitative skills, don't really tap into the core actuarial knowledge they studied. Overall, it looks like the majority of these graduates are doing what they set out to do—using their actuarial science degree in substantial and relevant ways in their careers. So, if you're aiming for a career in this field, it definitely seems promising!

Here is a visual representation of the most common words in job titles for Actuarial Science graduates (this is across all Actuarial Science graduates we've analyzed, not just those who went to University of Illinois at Urbana-Champaign):

What kind of career trajectories do Actuarial Science graduates from University of Illinois at Urbana-Champaign have? What do they do 1, 5 or 10 years out?

Graduates from the University of Illinois at Urbana-Champaign who have studied Actuarial Science generally find themselves on strong career paths, particularly in the insurance and consulting sectors. For many, their first jobs after graduation are often entry-level analyst positions, like Actuarial Analyst or similar roles at well-known firms such as Aon or State Farm. These initial roles typically involve analyzing data and risk, which provides a solid foundation for their careers. The trend here is that right out of college, they’re already diving into roles relevant to their major, which is a very promising start!

As time progresses, typically around the 5 to 10-year mark, many of these professionals make substantial advancements in their careers. It’s common to see them move up to senior analyst or consultant roles, with some even taking on leadership positions like Assistant Vice President or managerial responsibilities. However, there are some exceptions—such as graduates who find themselves in unrelated jobs or slower career progressions. Overall, though, it seems like a good chunk of these graduates stick to their roots in Actuarial Science and insurance, climbing the ladder and establishing themselves in important positions. So, if you're considering this field, it looks like a solid choice with plenty of growth potential!

How hard is a Actuarial Science degree from University of Illinois at Urbana-Champaign?

So, getting a Bachelor’s degree in Actuarial Science is generally considered to be on the tougher side of the spectrum, and that goes for the University of Illinois at Urbana-Champaign too. You’re diving deep into math, statistics, finance, and a bunch of analytical stuff, which can be pretty intense. The coursework is rigorous and you’ll definitely have to put in the effort, especially when you start tackling those actuarial exams that are part of the process. It’s not impossible, but if you like math and problem-solving, you might find it challenging yet super rewarding. Just be ready to hit the books and maybe spend some late nights studying!

How long does it take?

Most commonly, in the LinkedIn profiles we've looked at, it takes people 4 years to finish a Bachelor degree in Actuarial Science.

Do Actuarial Science graduates from University of Illinois at Urbana-Champaign tend to make good money?

Looking at these graduates from the University of Illinois at Urbana-Champaign, it seems like most of them are doing pretty well for themselves financially, especially those who have stuck with the actuarial path in companies like State Farm, Mercer, and Aon, which are known for decent pay and career growth. The ones who graduated earlier, like in 2015 and 2016, have climbed the ranks pretty quickly, moving from analyst positions to management roles, indicating they've likely seen some nice salary increases along the way. On the flip side, there are a couple who aren't in typical actuarial roles right now, like the Math Remediator, which might not pay as well. Overall, if you're eyeing a career in actuarial science, it looks like it can lead to some substantial earnings—just make sure to target those internships and entry-level roles at strong companies!

What buzzwords do Actuarial Science graduates use to describe themselves?

Here is a visual representation of the most common words seen in the "about" section of LinkedIn profiles who have a Bachelor degree in Actuarial Science (this is across all Actuarial Science graduates we've analyzed, not just those who went to University of Illinois at Urbana-Champaign). This may or may not be useful:

What are the best colleges for Actuarial Science?

Here are all colleges offering a Bachelor degree in Actuarial Science (ordered by the average relevance score of their Actuarial Science graduates, best to worst) where we have analyzed at least 10 of their graduates:

College Score Count
Penn State University 90 11
University of Illinois at Urbana-Champaign 76 11