An Actuary is someone who calculates and assesses risk enabling you to work in a number of different industry areas. The daily role of an Actuary involves advising businesses and governments across the world on how to manage the complex risks facing society in the 21st century and beyond.

Our Faculty of Actuarial Science and Insurance is one of the leading academic actuarial departments in the world and offers four undergraduate degrees and three postgraduate programmes.

Our Actuarial Science degrees at Bayes Business School of City, University of London are accredited by and can provide exemptions from the Institute and Faculty of Actuaries. Our teaching staff have extensive practical experience from the industry and are well-respected experts in their respective fields.

Career perspectives

An actuary is someone who calculates and assesses risk. Actuaries are in high demand for their specialist skills, meaning they can earn attractive salaries and enjoy an excellent work/life balance. According to, newly qualified actuaries in insurance companies can earn between £40,000 and £55,000.

Actuaries work in roles across financial services, at insurance companies, large accountancy firms, consultancies, or in government departments. Actuarial science jobs are evolving as related technology and AI improves.

Traditionally, actuaries have worked in areas such as life, healthcare and general insurance, investment banking and management, pensions and financial risk management.

Changes in the world bring new risks and therefore new challenges, and as an actuarial science graduate you can now expect to find roles in non-traditional fields such as business analytics and artificial intelligence.

Why study Actuarial Science at City?