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 ?
actuary, it will probably be destroyed by fire I will have
HOUSE OWNER: Beg your pardon -- by your own actuary's tables I
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.
BANKING AND CREDIT NEWS-September 3, 2019-CNO Financial insurance industry leader appointed as chief actuary
M2 EQUITYBITES-September 3, 2019-CNO Financial insurance industry leader appointed as chief actuary
Global Banking News-September 3, 2019-CNO Financial insurance industry leader appointed as chief actuary
AIG Names Munich Re's Olsen as General Insurance Unit's Chief Actuary
She joined Willis Towers Watson in October 2018 from Pinnacle Actuarial Resources, where she served as Consulting Actuary focusing on Predictive Analytics.
Another kind of actuary works with health insurance, which combines a bit of both short-term and long-term risk, with very large variations in the size of each individual health claim, from a $2.00 antibiotic prescription to the expense of life-saving multiple organ transplants.
Each property--casualty (PC) insurance company has an appointed actuary, who is responsible of evaluating the estimation of loss reserves.
Though its roots are anchored on the insurance industry, an Actuary also embraces modern organizations involved in public matters such as healthcare, regulatory and governance.