A day in this work
You put numbers on risk for insurers, banks and governments: how long people live, how often things go wrong, what it will cost.
Ways in
- Any degree with strong maths, alongside the Institute of Actuaries of India exams
- B.Stat or BSc statistics, then M.Stat or MSc
- Actuarial exams can be started right after Class 12
After Class 10
Science with Maths (PCM) or Commerce
Entrance exams to know
- ACET (actuarial entrance)
- ISI Admission Test
- CUET-UG
Years, cost and pay
- Years of study
- 3 to 7
- Whole-course cost, government or aided
- under ₹2 lakh
- Whole-course cost, private
- ₹2 to 8 lakh
- Typical starting pay
- ₹6 to 12 lakh a year
Indicative bands from the pilot dataset (0.1 (pilot), 19 September 2026). Real fees and pay vary a lot by college, city and year. Check the official sites below.
No college, coaching institute, lender or study-abroad agent pays to appear on these pages. Pathways takes no money from them.
Outlook, and how AI is changing this work
Outlook: Steady. AI changes some of the daily work.
Few people finish the actuarial exams, which keeps qualified actuaries scarce and well paid.
Try this week
Toss two dice 100 times, chart the totals and explain why 7 wins.
Check the facts yourself
These are official sites. Exam names, dates, fees and rules change every year, so confirm them there. Each link opens in a new tab.
Careers close to this one
See how well this fits you
Discovery in the app takes about eight minutes and gives each of these 52 careers a fit score from your own answers. It is free during the pilot, and nobody is asked for an email address or a phone number. Students under 18 need a parent or guardian to agree first, and children under 13 cannot join yet.