Actuarial science studies risk and uncertainty using math and stats.

It supports financial decision-making in insurance and finance.

Professionals use it to predict future events and costs.

Involves probability, finance, economics, and modeling skills.

Actuarial science requires passing specialized professional exams.

Critical for designing and pricing insurance policies.

Helps manage risks like mortality, morbidity, and longevity.

Combines theoretical knowledge with practical applications.

Widely used in insurance, pensions, investments, and risk management.

Understanding its meaning guides career direction and study focus.