The aim of this thesis is to educate the reader about the career of an actuary and will put into practice some of the rigorous mathematical applications that are used. There will also be an emphasis on the financial and business applications of the previous information, which encompasses the well roundedness of the profession. The actuarial profession is ranked one of the best in the country and rightfully so because of the skill and time it takes to perform it well. This thesis will guide the reader in understanding more clearly the high rank of the actuarial profession and the details of the statistical mathematics that are used.