Why Study Actuarial Science?

Many colleges have graduates who have become actuaries. What is special about Actuarial Science at Lebanon Valley College?

Lebanon Valley has an established and respected program with graduates employed by more than 50 firms. Our graduates have earned professional designations, including 69 Fellows and 37 Associates of the Society of Actuaries or the Casualty Actuarial Society, and 28 enrolled actuaries. Many colleges claim to offer actuarial science programs. Lebanon Valley College is the only small, four-year liberal arts college with a large extended family of alumni in the actuarial community, having a sufficiently extensive curriculum to be listed by the Society of Actuaries as offering an Advanced Undergraduate Actuarial Science Program.

We invite you to browse the Society of Actuaries web page to see what they have to say about our program and the advanced undergraduate programs at other colleges.

Our faculty includes an Associate of the Society of Actuaries who is active in the professional work of the Society of Actuaries and is a member of the VEE Administration Committee. LVC is among the first schools to adapt to the new actuarial education program which became effective in the year 2005 and offers courses meeting all the VEE requirements.

Every faculty member in the Department of Mathematical Sciences is aware of the educational expectations of the actuarial profession. Our curriculum includes two courses in mathematical finance including one in the Theory of Interest, two courses in Actuarial Modeling, and a course in Construction of Actuarial Models. In addition to the regular curriculum we periodically offer voluntary review seminars for preliminary exams P/1 and FM/2 and administer exams FM/2, M/3, and C/4 on campus.

All of this has resulted in an average of two actuarial examinations per graduate passed by the time of graduation. Lebanon Valley College has a growing actuarial community which includes 35 current students and over 150 graduates. This support group is an important ingredient in the success of Actuarial Science study at LVC. When you study Actuarial Science at Lebanon Valley you become a part of this community. Most LVC actuarial students have summer actuarial employment for at least one summer prior to graduation. Major companies recruit on campus at Lebanon Valley for summer and full-time employees. During strong and weak markets, LVC graduates have maintained a nearly 100% job placement rate.

We have an outstanding Actuarial Science Program, and our two- year core Mathematics curriculum for all Math, Computer Science, and Actuarial Science students allows for easy accommodation of changes in career plans. LVC offers an outstanding Mathematical Sciences Program of which the Actuarial Science Program is one part.

If you have any questions or wish further information please write or call Professor J. Patrick Brewer - Actuarial Science Program Coordinator (717-867-6082).