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President – Edison Mora
Vice President – Jibum Lee
Secretary – Victor LoFranco
Treasurer – Nicole Gribben
Website: http://statistics.cos.ucf.edu/actuary-club/
For Facebook group just search
Actuarial Science Club at UCF
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A method of analyzing industries to predict
future behavior
Usually for financial industries – Stocks, bonds,
and insurance
Uses a variety of disciplines, mainly
Mathematics and Statistics
Primary function is risk assessment
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Insurance industry (either property and
casualty or life and health)
Financial institutions
Consulting firms
Government agencies
Accounting firms
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Starting salaries $50,000
Excellent benefits
Salary grows steadily as you pass exams
Job security through economic cycles
Dynamic and challenging career
Currently ranked #1 job in USA according to
CareerCast.com
Professional certification is done through the
Society of Actuaries (SOA) or the Casualty
Actuary Society (CAS)
SOA has 5 preliminary exams
CAS has 6 preliminary exams
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SOA
Exam P
Exam FM
Exam MFE
Exam MLC
Exam C
CAS
Exam 1
Exam 2
Exam 3F
Exam LC, Exam ST
Exam 4
Exam Scores are on a scale from 1-10.
A 6 or higher is considered a passing score.
The average pass rate (across all exams) is about 37%.
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Economics: Microeconomics (ECO 2023)
Macroeconomics (ECO 2013)
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Business: Business Finance (FIN 3403C)
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Applied Statistics: Statistical Methods III (STA 4164)
Applied Time Series (STA 4852)
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$10 a semester
Eligible for a $10 club t-shirt
Networking with other aspiring actuaries
Potential visits from companies
Check out study manuals for exams
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Florida Blue
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Hannover Life
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October 2nd and 3rd
Recruiting for internships and potential job positions
Resumes
Also recruiting for internships or jobs
Best date?
N.Y. Life
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Potential visit
 Exam
fund
 Study sessions
 Next meeting?