Actuary

Importance: 0.57

Is a company: no

Is a proper noun: no

Synonyms

  • analyst
  • financial officer
  • statistician
  • number cruncher

Definition of Actuary

  1. An insurance professional who estimates risk and uncertainty. Actuaries assess the complexities, mathematics, and the mechanisms of financial securities.

Related Terms and Acronyms

  • Comptroller Definition,
    • An individual who oversees and audits the financial reporting and accounting of an organization.
  • Risk Management Definition,
    • The methods used to identify, assess, and prioritize risk and the strategies used to manage them in the most effective and economical way possible.
  • Actuarial Table Definition,
    • A table used in actuarial science that outlines the statistical probability that an individual of a specific age and sex will die within a year.
  • Ultimate Mortality Table Definition,
    • A mortality table that does not include information from people who have been approved for life insurance recently.
  • Issue Age Definition,
    • The policyholder's age when the policy was first issued, to the nearest year.
  • Yearly Price Protection Method Definition,
    • A calculation used to determine the annual cost of protection for insurance policies with savings components.
  • Attained Age Definition,
    • The current age of an insured individual.
  • Insurance Score Definition,
    • A score used by those in the insurance industry to determine how likely a claim will need to be paid out for an individual or entity.
  • Survival Analysis Definition,
    • A statistical analysis of how likely someone or something will survive to a set date.
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