actuary


Also found in: Thesaurus, Medical, Legal, Financial, Wikipedia.

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

actuary

a statistician of an insurance company who calculates risks and premiums.
See also: Finance
-Ologies & -Isms. Copyright 2008 The Gale Group, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
aktuar

actuary

[ˈæktjʊərɪ] Nactuario/a m/f de seguros
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

actuary

[ˈæktʃuəri] nactuaire mf
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

actuary

n (Insur) → Aktuar(in) m(f)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

actuary

[ˈæktjʊərɪ] nattuario/a
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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.