Actuarial Science

Actuarial Science

“Being one of the Centers for Actuarial Excellence, Drake has given me the resources to really explore the actuarial industry and gain an understanding of what exactly I want to be when I graduate.”
—Lily Hull, Junior, College of Business and Public Administration

A rewarding career

As a Drake graduate with a degree in actuarial science, you’ll enter a specialized career field ranked among the highest in the United States for job satisfaction, and opportunities for advancement—as well as starting salary.

How much should a company charge an individual for car insurance? How much should a business set aside to cover potential liabilities resulting from risks they cover? You’ll learn to use math and data analysis to answer these questions and make important strategic decisions for your organization. 

The Bulldog bonus

Drake has one of the best actuarial science programs in the nation and is one of the few private programs in the Midwest with a full set of courses taught by actuaries. This means you will learn from some of the highest caliber faculty, receive an outstanding education, and graduate prepared to start your career.


Drake is one of only 17 universities in the country to be recognized as a Center for Actuarial Excellence by the Society of Actuaries.


Opportunities abound

Corporations from across the nation regularly recruit Drake students and recent graduates for internships and jobs. Graduates from Drake work around the world and actuarial students have held prestigious internships at places such as American Republic, Athene, Farm Bureau, GuideOne, Nationwide, Allstate, Mutual of Omaha, The Principal Financial Group, Wellmark, and many other locations. 

Committed to your success

Of course, you’ll benefit from the experiences that all Drake Bulldogs enjoy—mentorship from professors at the top of their field; résumé-worthy internships, research experiences, and other professional preparation; opportunities to learn while serving the community; and January Term experiences that immerse you into the fascinating topics—and locations—you choose.

Learn more:

Looking for your admission counselor? Visit the Admission office to find a counselor or schedule a campus visit. For all other questions about Actuarial Science at Drake University, please reach out to the contact below.

Actuarial Science Website

Toby White, Ph.D., CFA, FSA
Associate Professor of Finance and Actuarial Science