- Actuaries specialize in applying mathematical, statistical and financial analysis to business, finance, and insurance. Actuaries advise government, financial institutions, and other organizations on financial management, risk management, product design, and complex transactions. They are key to helping financial institutions and other businesses all over the world to prosper. In this professionally accredited course, student'll learn how to apply mathematical, statistical, economic and financial analysis to a range of practical problems in long-term risk management, finance, and insurance.