{"id":3351,"date":"2026-06-18T15:47:59","date_gmt":"2026-06-18T19:47:59","guid":{"rendered":"https:\/\/www.bu.edu\/adminsc\/?page_id=3351"},"modified":"2026-07-14T11:01:49","modified_gmt":"2026-07-14T15:01:49","slug":"ms-actuarial-science-insurance-concentration","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/adminsc\/programs\/actuarial-science\/program-overview\/ms-actuarial-science-insurance-concentration\/","title":{"rendered":"MS in Actuarial Science, Insurance Concentration"},"content":{"rendered":"<p>The\u00a0<a href=\"https:\/\/www.bu.edu\/met\/degrees-certificates\/ms-actuarial-science\/\">Master of Science in Actuarial Science<\/a>\u00a0concentration in Insurance at Boston University\u2019s Metropolitan College (MET) provides a focused pathway to master the intricacies of the insurance industry. The Insurance concentration covers advanced topics in life, health, and property and casualty insurance, emphasizing risk assessment, policy design, and pricing strategies. You will explore cutting-edge techniques in loss modeling, reserve estimation, and insurance analytics, as well as regulatory frameworks, solvency requirements, and emerging trends in Insurtech. As you apply actuarial principles to real-world insurance scenarios through hands-on projects and case studies, you will develop expertise in product development, underwriting, and claims management\u2014specialized knowledge and skills to help you excel in various roles within insurance companies, reinsurance firms, and regulatory bodies.<\/p>\n<p>Courses in BU MET\u2019s Actuarial Science master\u2019s degree program are designed to not only help you have a deep understanding of the subject matter, but also to assist you in preparing for examinations offered by the SoA and CAS. These examinations are essential in an actuary\u2019s career. Students who follow the SoA exam track will typically work in fields such as life insurance, health insurance, long-term care insurance, and pension plans, all of which use the probability of mortality. Those who follow the CAS exam track will typically work for companies that develop premiums for risks that are more quantifiable, such as automobile and homeowner\u2019s insurance.<\/p>\n<p>Students who complete the Actuarial Science master\u2019s degree concentration in Insurance will be able to demonstrate:<\/p>\n<ul>\n<li>Knowledge in individual, group, and property and casualty insurance, as well as related tools and algorithms.<\/li>\n<li>Detailed knowledge of the mathematics and modeling techniques that form the core of actuarial calculations. This knowledge includes topics in probability, statistics, life contingencies, loss models, credibility theory, investment theory, and financial mathematics.<\/li>\n<li>An accurate and deep understanding of these core actuarial topics and the ability to creatively solve increasingly complex business problems.<\/li>\n<li>Proficiency in distinguishing and describing a wide range of actuarial practice areas in-depth and knowledgeably, and the ability to articulate an understanding of the principles that govern the development of both standard insurance products and new developments risk management models.<\/li>\n<li>Competency in the computer skills required to analyze data using leading-edge software tools of the trade in insurance, risk management, and related industries.<\/li>\n<\/ul>\n<p>Qualifying international students in F-1 status are also entitled to\u00a0<strong>Curricular Practical Training (CPT)<\/strong>, a type of employment\/internship authorization, after completing two consecutive full-time semesters of study in the program.<\/p>\n<div class=\"includes-container has-2\">\n<div class=\"includes\">\n<div class=\"include promo-small\">\n<h3>Curriculum<\/h3>\n<p style=\"font-size: 16px; margin-bottom: 0;\">View the program curriculum, course descriptions, and schedules on the BU Metropolitan College website.<\/p>\n<\/p>\n<div class=\"promo-small-cta\">\n<hr \/>\n<p><a href=\"https:\/\/www.bu.edu\/met\/degrees-certificates\/ms-actuarial-science-insurance\/#curriculum\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"button\" style=\"margin: 0;\">Learn More<\/a><\/p>\n<\/div>\n<\/div>\n<div class=\"include promo-small\">\n<h3>Meet the Faculty<\/h3>\n<p style=\"font-size: 16px; margin-bottom: 0;\">Reach out to a faculty member.<\/p>\n<div class=\"promo-small-cta\">\n<hr \/>\n<p><a href=\"https:\/\/www.bu.edu\/adminsc\/programs\/actuarial-science\/meet-the-faculty\/\" class=\"button\" style=\"margin: 0;\">Connect with Faculty<\/a><\/p>\n<\/div>\n<\/div>\n<div class=\"include promo-small\">\n<h3>Interested in Learning More?<\/h3>\n<p style=\"font-size: 16px; margin-bottom: 0;\">Visit the BU Metropolitan College website for additional information on this program.<\/p>\n<\/p>\n<div class=\"promo-small-cta\">\n<hr \/>\n<p><a href=\"https:\/\/www.bu.edu\/met\/degrees-certificates\/ms-actuarial-science-insurance\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"button\" style=\"margin: 0;\">Learn More<\/a><\/p>\n<\/div>\n<\/div>\n<div class=\"include promo-small\">\n<h3>Related Programs<\/h3>\n<p style=\"font-size: 16px; margin-bottom: 0;\">Learn about other BU MET programs related to this field of study.<\/p>\n<div class=\"promo-small-cta\">\n<hr \/>\n<p><a href=\"\/adminsc\/programs\" class=\"button\" style=\"margin: 0;\">Explore Programs<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3>Second Master\u2019s Degree Option<\/h3>\n<p>In appreciation of the converging needs of management and technology, the departments of Actuarial Science, Administrative Sciences, and Computer Science collaborate to offer a unique opportunity to students currently enrolled in their degree programs as well as alumni of those programs.\u00a0<a href=\"https:\/\/www.bu.edu\/met\/admissions\/second-masters-degree\/\">Learn more<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Master of Science in Actuarial Science\u00a0concentration in Insurance at Boston University\u2019s Metropolitan College (MET) provides a focused pathway to master the intricacies of the insurance industry. The Insurance concentration covers advanced topics in life, health, and property and casualty insurance, emphasizing risk assessment, policy design, and pricing strategies. You will explore cutting-edge techniques in loss [&hellip;]<\/p>\n","protected":false},"author":19676,"featured_media":0,"parent":3344,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/pages\/3351"}],"collection":[{"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/users\/19676"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/comments?post=3351"}],"version-history":[{"count":7,"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/pages\/3351\/revisions"}],"predecessor-version":[{"id":3408,"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/pages\/3351\/revisions\/3408"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/pages\/3344"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/adminsc\/wp-json\/wp\/v2\/media?parent=3351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}