With no background in farming, and a love for mathematics, Daniel Hu never calculated that he would work in the agriculture industry. However, his decision to do so has added up to an enjoyable and fulfilling career.

Twelve years ago, Daniel immigrated to Canada from China to attend University where he earned a Bachelor of Honours in Mathematics while majoring in actuarial science. During his education, he spent a lot of time studying textbooks and wouldn’t flip the page until he felt like the concepts and conclusions made sense. After working in Montreal, Quebec for several years, he moved to Melville, Saskatchewan to assume a research analyst position with Saskatchewan Crop Insurance Corporation (SCIC).

SCIC’s insurance programs are purchased by producers to protect against the loss of their agriculture products due to natural disasters and price declines. Daniel’s position involves developing premium rates, actuarial certifications and private reinsurance data that directly impacts customers.

Daniel’s research informs the development of new programs and suggestions for improving existing ones (which include crop insurance, wildlife compensation and livestock price insurance). His work also involves collaboration with fellow research analysts to ensure the business has enough resources to meet the needs of customers, and to make recommendations on project design and operations that are defensible from scientific, actuarial and public policy perspectives.

It hasn’t taken long for Daniel to realize the importance of actuarial science in agriculture. He says agricultural producers bring plenty of wealth to society, but they face many risks and need the proper crop insurance to protect their interests. He enjoys working as a member of a team to ensure producers’ needs are being met

Daniel believes that many math students may not be aware of this career path, but he strongly encourages them to explore a career in agriculture so they can make a difference in an important industry.