Actuarial Science



Become an actuary with the Actuarial Science major

Engineer’s degree (diplôme d’ingénieur) with a major in Actuarial Science in a French CTI-accredited engineering school

Actuary regularly makes the top 10 best job lists (Forbes, Career Cast). Just like engineering, actuarial careers are rich and varied, as evidenced by the broad range of subjects taught and professions practised. Actuaries mainly work in insurance, banking and asset management, brokerage, consulting and auditing, supervisory authorities and even in some major industrial groups (mergers/acquisitions, employee benefit liabilities, remuneration). Regulatory, prudential and accounting changes in these sectors are driving businesses to constantly improve their risk management and modelling. The favourable employment market means that actuaries are increasingly sought-after for their capacity to assess financial, cyber and pandemic-related risks. The Actuarial Science major aims to train Actuary Engineers to pursue a career in this dynamic sphere with classes focusing on professional expertise given by around 25 experts working in the field.

Apply now

#Majeure Actuariat





Actuarial and financial engineers


Graduates of the Actuarial Science major are fully integrated into an insurance and audit market that is being renewed by technological innovations, data science and all the new insurance start-ups, assurtech. The course framework meets the standards imposed by the French Institute of Actuaries with close to 1,200 hours of classes, lectures and projects dedicated to actuarial science over two years.

Five double-degrees

Including four double-degrees to become an Engineer-Actuary with the Dauphine, EURIA, DUAS and ISUP Actuarial Science master’s degrees, (around twenty students every year). Possibility of obtaining a triple degree with EMLV.

Teaching

  • Mathematics for insurance and finance
  • Economics
  • Insurance law and compliance
  • Insurance accounting
  • Advanced probability
  • Big data and data analysis
  • Machine learning and deep learning
  • Solvency II/IFRS17 standards
  • Model building
  • Asset and liability management
  • Market finance, portfolio management theory
  • Life insurance, general insurance, reinsurance
  • Provisioning
  • Employee benefits liabilities
  • Catastrophe modelling

Skills developed in Actuarial Science

  • + Learning actuarial methods
  • Mastering the legal, accounting and prudential context
  • Mastering the pricing and provisioning of insurance products
  • Mastering data science and big data tools
  • Learning to design and implement tomorrow’s insurance-based products
  • SAS, R, VBA and Python


Insurance and actuarial careers

Actuarial Analyst; Statistical Analyst; Actuarial Consultant; Actuary Underwriter; Pricing, Product, Inventory and Reinsurance Actuary; Life Insurance, Employee Benefits and Pensions Actuary; Internal Auditor; Risk Manager; Asset and Liability Manager; IFRS17 Consultant; Financial Modelling Risk Manager; Data Scientist; Insurance Supervisor; Financial Auditor; APCR (French Prudential Supervision and Resolution Authority) Controller.

#INSURANCE
#FINANCE
#AUDITING
#CONSULTING
#STATISTICS
#DATASCIENCE
#RISKMANAGEMENT





Programme overview

Actuarial Science Major

FFUNDAMENTALS OF ACTUARIAL SCIENCE
Introduction to Actuarial Science
Introduction to Finance
Insurance Law and Compliance
General Law
Economics
General Accounting
DATA ANALYSIS
Advanced Probability
Data analysis (PCA, ACM, AFD, AFC, CAH)
Generalized linear models and time series
IT TOOLS FOR THE ACTUARY
Excel & VBA for actuarial purposes
R for actuarial purposes
LIFE AND NON-LIFE INSURANCE
Life Insurance
ALM
Non-life insurance 1
MODELLING AND RISK MANAGEMENT
Stochastic Calculus
Simulation and modelling methods
Extreme value statistics

REGULATION AND PROVISIONING IN INSURANCE
Solvency 2 regulation
Provisioning
IN-DEPTH ACTUARIAL STUDIES

Social commitments (pensions, social commitments, provident funds)
Reinsurance
Advanced underwriting
INSURANCE ACCOUNTING
Insurance accounting
IFRS 9/ IFRS 17
ADVANCED STATISTICAL METHODS FOR THE ACTUARY
Non-Life Insurance 2
Economic Scenario Generators
Natural catastrophe modelling
Machine Learning
RISK MANAGEMENT IN FINANCE
Portfolio Management Theory
Derivatives Pricing and Hedging





Actuarial Science News



Contact us
Apply now

    Need information ?

    Contact us and we will help you