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.
Using the contribution and return figures in the proposed legislation, the independent actuary could not reproduce a retirement income that matched the benefit currently provided by the CalSTRS plan under average circumstances.
in Actuarial Science is a rigorous program of study focused on the core knowledge required of all actuaries and tested in the first four examinations of the Society of Actuaries (SOA) and the Casualty Actuary Society (CAS).
Mark Shemtob: President, and co-owner of, and actuary with Abar Pension Services Inc.
Galt has served as Prudential's Company Actuary since April 1993 and reports to Vice Chairman Mark Grier, a member of Prudential's Office of the Chairman.
Warfel, Senior Vice President and Chief Actuary of The PMA Insurance Group, who will be leaving the Company effective August 19, 2005 to accept a position at ACE USA.
Mirabito has more than 19 years' experience in the employee benefits field, and was previously a Principal and Consulting Actuary at Buck Consultants in Boston.
Warfel has been promoted to Senior Vice President & Chief Actuary of The PMA Insurance Group.
Grant Ballantine, Chief Actuary, Government Actuary Department UK
Alpert is an actuary specializing in retirement and pension issues.
When compared with other comparable countries, in UAE, Saudi Arabia and India actuaries are being employed by non-life insurance companies while in Malaysia it is mandatory for a non-life insurance company to have a qualified actuary as an employee.
Annotation 1-1 under this precept states: "An Actuary shall perform Actuarial Services with skill and care," and the programming error likely constitutes a breach of this duty by the seller's actuary.