actuary


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ac·tu·ar·y

 (ăk′cho͞o-ĕr′ē)
n. pl. ac·tu·ar·ies
A statistician who computes insurance risks and premiums.

[Latin āctuārius, secretary of accounts, from ācta, records, from neuter pl. past participle of agere, to drive, do; see ag- in Indo-European roots.]

ac′tu·ar′i·al (-âr′ē-əl) adj.
ac′tu·ar′i·al·ly adv.

actuary

(ˈæktʃʊərɪ)
n, pl -aries
(Professions) a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance
[C16: (meaning: registrar): from Latin āctuārius one who keeps accounts, from actum public business, and acta documents, deeds. See act, -ary]
actuarial adj
actuarially adj

ac•tu•ary

(ˈæk tʃuˌɛr i)

n., pl. -ar•ies.
1. a person who computes insurance premium rates, dividends, risks, etc., based on statistical data.
2. Archaic. a registrar or clerk.
[1545–55; < Latin āctuārius shorthand writer, clerk]

actuary

a statistician of an insurance company who calculates risks and premiums.
See also: Finance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.actuary - someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)actuary - someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
statistics - a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters
calculator, estimator, figurer, reckoner, computer - an expert at calculation (or at operating calculating machines)
surveyor - someone who conducts a statistical survey
Translations
aktuar

actuary

[ˈæktjʊərɪ] Nactuario/a m/f de seguros

actuary

[ˈæktʃuəri] nactuaire mf

actuary

n (Insur) → Aktuar(in) m(f)

actuary

[ˈæktjʊərɪ] nattuario/a
References in classic literature ?
It is lamentable to think of; but this restraint was the result of no arithmetical process, was self-imposed in defiance of all calculation, and went dead against any table of probabilities that any Actuary would have drawn up from the premises.
is providing New Jersey high school students with the opportunity to think like an actuary through its Project Math Minds competition.
An actuary is a business professional who deals with the financial impact of risk and uncertainty.
Company risk managers, controllers, chief financial officers and others who work directly with an actuary generally obtain a reasonable level of value from the actuarial analysis.
An actuary is walking down the corridor when he feels a twinge in his chest.
Description: A candidate for membership must be substantially engaged in consulting actuarial practice; in work as an actuary of a governmental unit; in work as an Enrolled Actuary; in work at an insurance company; or in teaching actuarial science and satisfy any one of three independent criteria.
Actuaries' desire to be involved in ERM has not translated into action," says Prakash Shimpi, an actuary who's president of consulting firm Fraime LLC in Florham Park, N.
Officials blamed the underpayment on a pension actuary and said they might need to pay $3 million a year for the next 15 years to compensate for shortchanging the Los Angeles City Employees Retirement System.
Structurally, following an introductory chapter about what actuaries do, whom they work for, and what their professional code of conduct is, the book moves from the earliest days of rudimentary actuarial work and insurance, through the beginnings of scientific life insurance in the 1700s, to legal and financial development of the insurance industry of today, and finishes with a concluding essay on the futu re of the actuary.
For example, an inquiry into whether the best estimate requirement has been satisfied may involve determining whether assumptions truly came from the plan actuary or were instead chosen by management for tax planning or cash flow purposes.
As a result, it's usually up to the actuary for the seller's plan to declare the transfer in compliance with the law and the IRC.