Usually, when one thinks of a career in mathematics, they think of ivory tower recluses contemplating the nature of the universe through numbers. The truth is quite the opposite. One of the largest of the STEM (science, technology, engineering, math) career paths is the actuary and by the very nature of their profession they are one of the most grounded of the fields. A love of numbers and a bachelor science degree can start one on this career path.
According to the Bureau of Labor Statistics, actuaries deal with risk. They decide how likely things such as death, sickness, injury, disability, and loss of property are to occur, as well as the costs of these things. They also decide how much money it will take in order to get a certain amount of retirement income. They help design insurance policies, pension plans and try to make sure any risk is sound. Actuaries may need to explain their findings to company executives, government officials, the public and may even testify in court as experts
In other words, they are the backbone of the insurance industry. They can also work for consulting firms, where their expertise in risk assessment can be used in a number of other ways. If you look at TV shows such as Numb3rs, a lot of the science the stars use is actuarial.
» Read more: Science and Technology Degrees Offer Multi-Faceted Career Opportunities
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