Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through intense education and experience. In many countries, actuaries must demonstrate their competence by passing a series of thorough professional examinations

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Why is this Important?

  • Professional Associations are where the industry of the major gather together
  • Many have student chapters you can join while in college
  • Many offer internships, scholarships, and opportunities in the major

Student Associations

Gamma Iota Sigma is a registered 501(c)(3) educational organization and is the only international business fraternity for students of insurance, risk management and actuarial science. Visit
The American Insurance Association (AIA) has served as the leading property-casualty insurance trade organization since 1866.  Visit
With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial organization with more than 26,000 actuaries as members Visit
The American Academy of Actuaries is a D.C.-based 18,500+ member professional association whose mission is to serve the public and the U.S. actuarial profession. Academy members include consultants, corporate executives and staff, regulators, government officials, academicians, and retired actuaries. Their areas of practice cover pensions, life insurance, casualty insurance, health insurance, financial reporting, risk management, and more. Visit
To further the interests of mathematical research, scholarship and education, serving the national and international community through publications, meetings, advocacy and other programs.  Visit
NAIFA: Serving and representing insurance and financial advisors regardless of the products they sell or the focus of their practice. Visit
The Financial Planning Association® (FPA®) is the principal professional organization for CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals, educators, financial services providers and students who seek advancement in a growing, dynamic profession. Visit