Honours BSc in Actuarial Science (Specialist) - St. George in Toronto Canada | University of Toronto

Actuarial Science employs mathematical methods to mitigate risks associated with income loss from death, disability, or retirement, as well as property loss from fire, accidents, or theft. Actuaries design life, health, and property insurance policies along with pension schemes, ensuring their financial stability. They utilize probability and financial principles to model, predict, and assess the costs of benefits for plan participants. Techniques for evaluating insurance risks also extend to investment risks, enabling actuaries to appraise complex financial instruments like equity options, bonds, and derivatives. While ACT230H1 and ACT240H1 contain technical elements, they appeal to a broad audience, as most students will engage with savings, loans, insurance, or pensions. Advanced actuarial courses focus on specialized subjects, catering to those pursuing professional careers in the field. The University of Toronto's Actuarial Science programs are recognized by the Canadian Institute of Actuaries, fulfilling Associate-level (ACIA) certification requirements. Additionally, the university holds the Society of Actuaries' Center for Actuarial Excellence (CAE) designation.