Actuary - A professional statistician working for an insurance company. They evaluate your application and medical records to project how long you will live.
A professional trained in the technical aspects of insurance and its related fields, particularly in the mathematics of insurance, for example, the calculation of premiums and reserves. An actuary will use complex mathematical methods, often with the aid of computers, to provide analysis of claims data and other statistics. In certain circumstances insurance companies, pension schemes etc. are required to have documents, calculations etc. certified by an actuary. In this and other legal contexts the word means a qualified Fellow of the Institute or Faculty of Actuaries.
A person trained and specialising in risk, statistics and finance who gives advice on insurance and pension business. Calculations made by actuaries include such items as premiums, bonus payments and life expectancy etc.
Actuary : a professional statistician working for an insurance company. they evaluate your application and medical records to project how long you will live.
a professional trained in the technical aspects of insurance and its related fields, particularly in the mathematics of insurance, for example, the calculation of premiums and reserves. an actuary will use complex mathematical methods, often with the aid of computers, to provide analysis of claims data and other statistics. in certain circumstances insurance companies, pension schemes etc. are required to have documents, calculations etc. certified by an actuary. in this and other legal contexts the word means a qualified fellow of the institute or faculty of actuaries.
a person trained and specialising in risk, statistics and finance who gives advice on insurance and pension business. calculations made by actuaries include such items as premiums, bonus payments and life expectancy etc.
Actuary