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Abstract
In this introduction to the special issue devoted to actuarial education, we provide an overview of the actuarial profession and what is involved in developing a program to train future actuaries. In addition we point to articles in this issue that include information on the two major actuarial organizations, along with detailed examples of various types of actuarial programs at many levels from very small introductory programs to advanced programs. There are articles on how to start up and run a program, how to handle advising and recruiting problems, and recommendations about courses to prepare students for the actuarial examinations.
Additional information
Notes on contributors
Robert E. Buck
Robert E. Buck is a Professor of Mathematics at Slippery Rock University (SRU). He is a member of the MAA’s national Committee on Undergraduate Programs in Mathematics (CUPM) Actuarial Science Group. In addition, he has served as a member of the JMM Actuarial Education Panel Organizers since 2005. He started his career working in generalized metric spaces, but the interests of his students got him involved in actuarial science and statistics. He passed four actuarial exams back in the “old days” when there were 20+ actuarial exams. Actuarial science students now comprise one of the largest interest groups in SRU’s Mathematics Department.
Michael R. Huber
Michael R. Huber is Dean of Academic Life at Muhlenberg College in Allentown, Pennsylvania. Trained as an engineer and applied mathematician, he also enjoys using probabilistic simulations in his research, which has exposed him to teaching statistics to students for two decades. Each year, a few students with the traditional mathematics major have sought to pass the first one or two actuarial exams, so Mike has had to investigate the process. As dean, he hopes to work with the mathematics faculty in creating an actuarial program at Muhlenberg.