Welcome to Statistics and Actuarial Science

The Department of Statistics and Actuarial Science is a top-tier academic unit among statistical and actuarial science globally. Our community is engaged in topics such as actuarial science, biostatistics, data science, quantitative finance, statistics, & statistics-computing. Our department is home to 70 full-time faculty researching diverse and exciting areas, over 2000 undergraduate students from around the world, and approximately 200 graduate students in master, doctoral, and professional programs.

News

The Department of Statistics and Actuarial Science proudly celebrates the appointment of Dr. Gord Willmot as Distinguished Professor Emeritus, recognizing his outstanding research, mentorship, and more than four decades of transformative contributions to the University of Waterloo and the global actuarial science community.

The Department of Statistics and Actuarial Science is thrilled to announce Dr. Mary Hardy’s appointment as Distinguished Professor Emerita, celebrating her extraordinary impact over 26 years as a trailblazing scholar, educator, and leader whose work has helped shape the future of actuarial science at Waterloo and beyond.

The Department of Statistics and Actuarial Science proudly celebrates the remarkable first-place victory by a team of its students, Team Factuarial, in the prestigious 2025 Society of Actuaries (SOA) Research Institute Student Research Case Study Challenge. Team Factuarial members include Math/BBA double-degree students Ki Yan Chan and William Zhang and software engineering student Kevin Jiang, along with faculty advisor Dr. Ben Feng from the Statistics and Actuarial Science Department. The annual challenge invites students to apply their actuarial expertise to real-world business problems, conducting analyses, developing models, and presenting recommendations to a panel of judges from the SOA Research Institute. Competing against 278 students in 68 teams from 42 universities across 17 countries and six continents, Team Factuarial secured the top honour and a grant prize in 2025.arial science and emerge as leaders in the field.”

Continue reading the full announcement.

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