Resources
Scholarships
Insurance companies and societies love to throw money at actuarial majors. Check out scholarships here:
- Be An Actuary
- Great website resource for all things actuarial
- Spencer Scholarships
- $5,000 scholarship, applications open October through January
- WSIA Internship Scholars
- $5,000 scholarship with internship, applications open in August
- Many more!
- Be An Actuary, a great site for all things actuarial
Internships
The hallmark of the actuarial summer is a high paying internship ($22+/hour) in a beautiful city working with bright peers and industry professionals.
Finding an Internship
It’s not rocket science, just find jobs on google, linkedin, indeed, or any job site you can! But because we love to help, here are some other resources to consider!
- UMass Actuarial Career Fair!
- Held annually in October at the Campus Center
- Dozens of employers come to recruit you!
- Linkedin
- Follow our linkedin page where you can get connected to alumni across the industry!
- GIS National Chapter
- For members of our Beta Chi Chapter, the GIS website has links to job postings only available to members!
- CAS Student Central
- Join the free membership program of CAS which has internship postings, resources to connect with current professionals, webinars, and scholarships
- SOA Affiliate Membership
- Join the equivalent for SOA
Resume Help
Check out our template actuarial resume (link here!) or these resources below!
Other Resources
Exams
Actuarial Exams are in a word… grueling!
However, past the struggle, lie engaging and challenging topics of Probability, Financial Mathematics, Statistical modeling, and more!
Reimbursement!
The best part about going to UMass? It’s not the number one dining, or the fellow students, or the faculty. No, it’s the reimbursed exams.
Bob and Lynne Pollack Actuarial Exam Fund
For any of your first three exams…
- Passing score? 100% reimbursed exam + study materials (up to $500 total)!
- No passing score? 50% reimbursement of study materials
How do I receive my reimbursement?
Visit the UMass Math Department website for more information!
Study recommendations
Coaching Actuaries is a phenomenal online prep course (with video lessons, practice quizzes) which all but guarantees you will pass the exam.
Now, we’re legally obligated to mention that we are not sponsored. However, if we could sell-out to one company, it would be to Coaching Actuaries.
Help getting started
Check out our handy google doc with step by step instructions for registering for your actuarial exams!
Gamma Iota Sigma National Chapter
The UMass Actuarial Club is also known as the Beta Chi chapter of the Gamma Iota Simga organization.
Gamma Iota Sigma, or GIS, connects you to thousands of industry professionals across the actuarial, insurance, and risk management landscape.
UMass Actuarial Club members are eligible to apply for membership in our chapter during our Fall and Spring application seasons!
Actuarial Societies
Professional Actuaires belong to two societies:
- Society of Actuaries (SOA), Life and Health insurance
- Casualty Actuarial Society (CAS), Property and Casualty insurance
Don’t worry about picking your path right now! Each of the first two actuarial exams are accepted by both SOA and CAS.