Actuarial Science Major — Salary & ROI 2026
Application of mathematical and statistical methods to assess risk in insurance, finance, and other industries.
Starting Salary
$72K
median
Mid-Career
$120K
salary
ROI Payback
3 yrs
avg payback
Unemployment
1.8%
rate
Actuarial Science Overview
Application of mathematical and statistical methods to assess risk in insurance, finance, and other industries.
Category
STEM
Degree Level
Bachelor's
Graduation Rate
72%
Enrollment Trend
stable
Online Available
Yes
Underemployment
8%
Lifetime Premium
$1050K
Female Graduates
40%
Actuarial Science Degree ROI Calculator
Estimate your actual return on investment based on school type and scholarships.
0 to $40K/year in aid
Est. Total Cost
$18,000
4-year tuition
Net Cost (w/ aid)
$18,000
after scholarships
ROI Payback
0 years
to break even
Lifetime Return
$1,032,000
Lifetime earnings premium ($1,050,000) minus net degree cost ($18,000)
Actuarial Science Salary Progression
Common Actuarial Science Careers
Actuary
Risk Analyst
Insurance Underwriter
Top Employers
Skills You'll Learn
Top Schools for Actuarial Science
#1
University of Wisconsin
#2
University of Illinois
#3
Penn State
#4
Purdue
#5
University of Connecticut
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Actuarial Science Degree FAQ
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