There are a wide variety of career options available to those majoring or minoring in mathematics. Answers to these questions are provided by actuaries, who design insurance and pension plans and ensure that they are maintained on a sound financial basis. Actuaries assemble and analyze statistics for use in determining what rates insurance companies should charge for different types of insurance, for underwriting or pension planning, and a variety of other related activities.
Actuaries can work for insurance companies, consulting firms, and for state and federal agencies.
To become an Associate or Fellow in the Society of Actuaries , you must pass a sequence of exams. If you are interested in becoming an actuary, you can take a number of the Series 100 exams, which concentrate on the mathematical skills that all actuaries must have, while you are still a student at Marist. Applied Mathematician Applied mathematicians use mathematical techniques to solve practical problems in business, government, engineering and the physical, life, and social sciences. For example, they model aspects of oil recovery, study the effects of new drugs, and analyze the distribution costs of businesses. Some applied mathematicians analyze and decipher encryption systems designed to transmit national security-related information.