A person who uses mathematics and statistics to determine insurance and annuity calculations, such as life expectancy, premiums, rates, etc.
A specialist in the mathematics of insurance who calculates rates, analyzes risks, sets reserves, etc.
someone who calculates values of life interests, pension plans, and annuities. definition of actuaries defined definition of actuary defined
an employee of a life insurance company who uses statistics to estimate the effect of economics, geography, race, religion, gender, lifestyle, employment, drug use, et al, on life span, in order to calculate insurance risks. A real-world, professional parallel of the Gamester.
A professional person qualified to apply mathematical principles to solving long-term financial problems, primarily in connection with pensions, life insurance and investment.
A person who is a Fellow of the Canadian Institute of Actuaries. Actuaries are business professionals who apply their knowledge of mathematics, probability, statistics, and risk theory, to real-life financial problems involving future uncertainty. These uncertainties are usually associated with life insurance, property and casualty insurance, annuities, pension or other employee benefit plans, or providing evidence, in courts of law, on the value of lost future earnings.
A person highly trained in mathematics and statistics who calculates rates and dividends, and provides other statistical information for an insurance company.
Actuaries assess financial risk, calculate insurance premiums and value pension funds.... more on: Actuary
An independent consultant who advises the Fund and reviews the financial position of the Fund every three years. The actuary then produces a report, known as the actuarial valuation report, which compares the Fund's assets with its liabilities and prescribes the rates at which the employing bodies must contribute.
An expert employed by an insurance company who uses risk tables and other tools to calculate a variety of estimates and projections including life expectancy, premium rates, dividends, pension calculations, and annuity rates. Actuaries are required to pass a series of rigorous mathematical examinations before becoming a certified actuary.
A person trained in the technical aspects of insurance and its related fields, particularly in the mathematics of insurance to calculate the chances of an incident happening.
A technical expert in insurance, annuities, and financial instruments who applies mathematical knowledge to industry and company statistics to calculate an insurance company's mortality rates, morbidity rates, lapse rates, premium rates, policy reserves, and other financial values. See also product actuary, valuation actuary, and appointed actuary.
BCBSKS staff member who decides insurance policy rates as well as conducts various other statistical studies.
An actuary is a person trained in mathematics, statistics, and legal accounting methods and in the principles of sound operation of insurance, annuities and pension plans, who employs life expectancy projections, financial projections, and related data in the funding projections, and related data in the funding and management of such plans.
Generally, an individual who calculates insurance and annuity premiums, reserves and dividends. The KPERS board has an actuary who makes annual valuations of the System's liabilities and reserves and recommends the employer contribution rates to maintain the System's financial health. Every three years the actuary makes general investigation of the System's actuarial experience including mortality, retirement and employment turnover.
person who calculates probabilities for an insurance company, so that it can set its premiums.
A professional trained in the technical aspects of pensions, insurance and related fields who is employed to calculate premiums, reserves, dividends, and premium rates. These calculations are based on both the company's history of claims and other industry and general statistical data.
someone who calculates the changes of certain events happening, so that companies can determine the risk involved in offering certain insurance. Page 357
An expert in statistics, traditionally employed by insurance companies, pension funds and so on to calculate risks, premiums and dividends. The role of an actuary is now broadening and they can be asked to advise on the implications of almost any major business decision.
A qualified professional who makes valuations and calculations in relation to investment funds including pension funds, insurance funds and investment holdings.
a person skilled in calculating the value of life expectancy, insurance, annuities, reserves, and dividends.
An actuary assists an insurer in calculating health insurance premium rates based on the information gathered about trends in health and health care.
is a professional skilled in analysis, evaluation and management of statistical information. Actuaries calculate premiums and claim reserves.
A professional trained in the mathematics and technical aspects of life insurance, pensions, and related fields who calculates premiums and reserves and other values for their companies. These are the experts who calculate the likelihood of morbidity at different ages.
someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
a business executive, professionally trained in the mathematical sciences
a business executive who uses mathematical skills to define, analyse and solve complex business and social problems
a business person who uses mathematical skills to define, analyze, and solve financial and social problems
a business professional, similar to an accountant or an attorney
a business professional who analyses the financial consequences of risk
a business professional who analyzes the financial consequences of risk
a business professional who uses mathematical skills to aid in the
a business professional who uses mathematical skills to define, analyze, and solve business and social problems
a Fellow of the Canadian Institute of Actuaries (F
a financial problem-solver with a unique blend of mathematical, analytical and business skills
a highly specialized mathematician who uses finance theory, probability and statistics , and advanced calculus to determine the probable financial outcome of a company's action
a mathematician dealing with probabilities in insurance, banking, and investment organizations
a mathematician who is specialized in insurance, benefits analysis, etc
a mathematician with a brand of insanity so rare as
an expert at producing an infinite number of incomprehensible figures calculated with micrometric precision from the vaguest assumptions based on inconclusive data for confusing hopelessly confused people
an expert in statistics and its application to solving problems regarding financial predictions
an expert who computes insurance or pension risks and plan costs based upon plan membership, experience, and other factors
an expert who deals with statistical and financial evaluations of insurance policies, annuities and Pension Plans
a person concerned with the application of probability and statistical theory to problems of insurance, investment, financial management and demography
a person concerned with the application of probability and statistical theory to problems of insurance, investments, pension, financial risk management
a person who calculates insurance and annuity premiums, reserves, and dividends
a person who compiles statistics and conducts analyses in order to calculate risk
a person who is trained in evaluating the current financial implications of future events (www
a person, who passes as an expert on the basis of a
a person who prices future risk
a person who will calculate the probability of future events to measure risk to a Company or person
a professional business executive who applies mathematics and statistics to the design and management of insurance and pension systems
a professional business person skilled in the application of mathematics to financial problems
a professional concerned with the design and administration of insurance policies, pension plans, government welfare plans, and similar Programs
a professionally trained expert in the application of mathematics, statistics and risk theories in the design of insurance and pension programs
a professional who applies mathematical and statistical techniques to financial problems
a professional who evaluates the financial implications of uncertain future events
a qualified expert in the design and operation of insurance and pension programs, and is trained in the assessment of risk
a someone that predicts costs, determine future risk, make price decisions, and prepare investment strategies
a sort of statistician for insurance companies
a specialized, mathematical expert highly trained to compute values for present and future events
a statistician who applies mathematical models to financial data, most commonly in the insurance industry
A person professionally trained in the technical aspects of insurance, particularly in the mathematics of insurance, such as calculating premiums and proper Fund reserves. Actuaries assist in estimating the cost of implementing new benefits or changing existing benefits.
An individual, typically a mathematician, who uses mathematical skills to define, analyze, and solve complex business and social problems involving insurance and employee benefit programs. Actuaries analyze contingencies such as birth, marriage, sickness, accidents, loss of property, third-party liability, retirement, death, etc. to determine the financial effects that these have on insurance and benefit programs. An actuary’s work impacts decisions such as rate-making, premium determination, loss reserves, investment valuation, pension benefits, and insurance statistics. Many organizations involved in Risk and Insurance Management monitor and manage their exposure in real time using PureShare ActiveMetrics, a proactive metrics management application.
A Fellow of the Institute of Actuaries ('FIA') in England & Wales, or Faculty of Actuaries ('FFA') in Scotland. In brief, a SSAS must have an appointed actuary to set contribution limits, calculate maximum benefits and produce the 3 yearly Actuarial Reports for the Inland Revenue.
An actuary is an expert in statistical insurance information. Actuaries are responsible for reviewing and evaluating the potential for future claims costs and using this information to determine rates and rating methods.
An individual trained in mathematics, statistics and accounting specialties. In an insurance company, an Actuary is responsible for rate determinations and reserve & dividend calculations.
A person who is trained in insurance, pensions, and similar subject. An actuary is employed by a long term care insurance company to determine how much money must be contributed to an insurance or pension fund in order to be able to pay claims in the future.
An expert in life insurance, particularly in the field of mathematics. An actuary applies the theory of probability to calculate mortality rates, lapse rates, premiums, policy reserves, and other values.
Someone who uses applied mathematics (in particular, probability) to provide solutions to insurance-related problems. Actuarial techniques are used to design new products and to assess the profitability of new and existing business.
A professional person qualified to make calculations and valuations for superannuation funds, insurance funds or other forms of investment.
An adviser on financial questions involving probabilities relating to mortality and other contingencies. For statutory purposes in the UK, the term automatically includes Fellows of the Institute of Actuaries and of the Faculty of Actuaries. Persons with other actuarial qualifications may be approved by the Secretary of State for a specific purpose.
A mathematician usually employed by an insurance company. Uses the theory of probability to calculate premiums, reserves, and other values.
A professional adviser that all pension schemes must appoint by law. The actuary assists the managers/trustees of the schemes on financial issues related to the funding of the scheme and conducts regular actuarial valuations.
Professional who calculates risks and costs related to life assurance and investment policies.
An independent professional who calculates pension liabilities and assets to determine the financial status of a pension plan.
A person who analyzes the likelihood of loss and the average amount of damage in pure risks and, applying the law of averages, computes the premium that the insurance company should charge to assume the risk.
A professionally trained person who estimates how much money must be contributed to a pension fund each year in order to support the benefits that will become payable in the future
A social mathematician who uses mathematical skills to define, analyze and solve complex business and social problems involving insurance and employee benefit programs. The work of actuaries involves the various contingencies which face human beings: birth, marriage, sickness, accident, loss of property, legal liability, retirement, and death, and the financial effects which these and other contingencies have on various insurance and benefit programs. Many of these programs involve long-range financial obligations, for which actuarial forecasts are fundamental in maintaining a sound financial basis; rate-making, premium and loss reserving, investment valuation, pension benefits, and insurance statistics, among others.
A mathematician whose work is mainly concerned with insurance and finance.
A professional working in the pension and insurance field that is responsible for calculating the liabilities of pension plans, the costs of providing pension plan benefits, reserves, premiums, pension and insurance annuity rates. Usually, to be qualified and operate as an actuary, you must acquire the relevant professional certification.
A person professionally trained in the technical aspects of insurance and related fields, particularly in the mathematics of insurance such as the calculation of premiums, reserves, and other values.
Mathematician who compiles and uses statistics mainly for insurance and finance purposes.
An individual employed by an insurance company to calculate premium rates, dividends and other important figures using risk factors obtained from experience tables.
A mathematician in the insurance field. An actuary is responsible for calculating premiums and defining underwriting risk.
A man or woman whose job is figuring out premium rates for insurance companies. A mathematician who works with the statistical data used by insurance companies, e.g., the number of accidents in a certain area or which cars are in accidents most often are data of interest to an Actuary.
An actuary advises on financial questions involving probabilities relating to mortality and other contingencies. In relation to pension schemes, an actuary is a professional adviser who must be appointed by trustees under the Pensions Act 1995. The actuary assists the trustees (or managers) of a scheme on funding issues and conducts a regular actuarial valuation.Actuaries must be members of the Institute of Actuaries and Faculty of Actuaries.
A math, statistics and accounting specialist who calculates rates, reserves, and dividends.
Professionally trained person to deal with technical aspects of pensions, insurance and related fields.
A professional with expertise in technical aspects of insurance. An actuary is a statistician and mathematician by training.
A professional trained in the mathematics of insurance and risk management.
An actuary is a professional mathematician in the insurance industry. An Actuary is responsible for calculating premiums, reserves and dividends for participating policies; developing products and in many insurance institutions overseeing the general financial function.
An actuary is the person you'll need to retain to value your pension for family law purposes.
A professional person who applies mathematical, statistical and financial analysis to a wide range of business problems. Actuaries are experienced in analysing financial transactions and assessing risks and operate mainly in the superannuation, investment and insurance industries. In superannuation, actuaries are required to report to the trustees on the financial position of the Plan and make calculations for the superannuation contributions tax ("surcharge") liability in defined benefit funds. Actuaries also offer advice on investment, financial projections and benefit design to trustees. In Australia , an actuary will most likely be a Fellow of the Institute of Actuaries of Australia (FIAA) or an accredited member of that institute, having gained similar overseas qualifications.
A Qualified professional person who has been trained in the technical aspects of insurance and who specialises in the calculation of premiums and reserves.
An actuary is an insurance professional who evaluates the reserves and statistics of insurance firms and determines various financial decisions like rates and rating methods
An insurance company’s specialist that calculates risk, especially as it relates to premiums, reserves, dividends, insurance and annuity rates.
A person trained in the insurance field who determines policy rates, reserves and dividends, as well as conducts other statistical and financial studies.
A person who statistically calculates risks, premiums, life expectancies, etc.
A person professionally trained in the technical aspects of pensions, insurance, and related fields. The actuary estimates how much money must be contributed to an insurance or pension fund in order to provide future benefits.
A statistical specialist responsible for rate, reserve, and dividend calculations as well as other insurance-related statistical studies.
A person trained in mathematical or statistical methods, which relate to the technical aspects of investment and insurance. An actuary applies the theory of probability - the chances of something happening - to insurance, superannuation, pensions, and other forms of investment. They calculate the present cost of paying a future benefit in the event of something happening.
a professionally qualified person who assesses risks and their financial implications on behalf of pension schemes
a person who calculates risks and premiums
a mathematician in the insurance field. Responsible for calculating premiums, developing plans and defining underwriting risk.
Refers to an insurance professional that analyzes, evaluates, and manages statistical information to determine an insurance firm's rating methods, reserves, financial and business risks.
An actuary analyzes, evaluates and manages statistical information to determine rates.
The insurance company’s employed mathematician. This person calculates dividends, premiums, and annuity rates.
A person who uses mathematical analysis of past loss data and other statistics to determine rates and estimate an insurer's future liabilities.
A mathematician trained in probability theory, calculus, and other areas that specializes in the field of insurance. The actuary uses existing experience and takes in to account future probable trends to determine, the rate to be charged for various lines of insurance, reserves to be set aside for payment of losses, and other aspects of the business.
An insurance professional who specializes in statistical information.
A person trained in mathematics whose job is to apply the theory of probability to the business of insurance to develop insurance rates. This is done largely from past loss experience, through future probable trends are also taken into account.
One who calculates insurance and annuity premiums, reserves and dividends.
an expert who makes calculations and valuations in respect of superannuation, insurance and other forms of investment
The professional organization contracted by ETF to perform the statistical analysis of ETF operations for financial reporting purposes and for determining the contribution rate necessary to pay future benefits of ETF members.
An expert in statistics and a mathematician in the insurance field. Conducts extensive statistical studies. Calculates insurance risks and premiums and reserves. Involves in the preparation of various annual reports in compliance of regulatory requirements.
A professional who deals with calculations related to pensions, insurance and investments. In relation to mortgages, an actuary is the person who would calculate the amount you would pay for life assurance and the like.
A person trained in mathematics, statistics, and accounting who is responsible for determining premium rates, reserves, and dividends as well as conducting various other statistical studies.
A professional expert in pension and life insurance matters, particularly trained in mathematical, statistical, and accounting methods and procedures, and in insurance probabilities.
A professional adviser to the Trustees on the scheme's ability to meet its long and short-term liabilities. The actuary calculates what needs to be paid into the scheme by BA and current BA employees who are in the schemes.
A person professionally trained in the mathematical and technical aspects of insurance and related fields, particularly in the calculation of premiums, actuarial liabilities and other values.
An insurance professional skilled in the analysis, evaluation, and management of statistical information. Evaluates insurance firms' reserves, determines rates and rating methods, and determines other business and financial risks.
Technical expert in life insurance, particularly in mathematics. The person in this job applies the theory of probability to calculate mortality rates, morbidity rates, lapse rates, premium rates, policy reserves, and reserves, and other values.
(1) A technical expert in life insurance, particularly in mathematics. A person in this job applies the theory of probability to the business of insurance and is responsible for the calculation of premiums, policy reserves, and other values. (2) The department in Western United Life Assurance Company concerned with creating and maintaining tables used in the system as well as gathering data and generating statutory reports.
A specialist in the mathematics of insurance who calculates rates, reserves, etc. (Americanism. In most other countries the individual is known as "mathematician".)
A professional in the insurance business, usually working for the insurance company, that can estimate how a certain sum of money can be contributed to a pension plan, insurance, or other related area to fund that plan for years to come.
A mathematician employed by an insurance company to calculate premiums, reserves, dividends and insurance, pension and annuity rates, using risk factors obtained from experience tables. These tables are based both on the company's history of insurance claims and other industry and general statistical data.
Accredited insurance mathematician who calculates premium rates, reserves, and dividends and who prepares statistical studies and reports.
A specialist trained in mathematics, statistics, and accounting who is responsible for rate, reserve, and dividend calculations and other statistical studies. (G)
A specialist in the mathematics of insurance who calculates rates, reserves, dividends and other statistics for the insurance company.
An officer, as of an insurance company, who calculates and states the risks and premiums.
Professional person trained in the technical aspects of insurance and related fields who specialises in the mathematics and the calculation of premiums and reserves.
Someone professionally trained in the technical aspects of insurance and related fields, particularly in the mathematics of insurance (the calculation of premiums, reserves and other values). An actuary uses complex mathematical methods, often with the aid of computers, to analyze past loss data and other statistics and develop systems for determining future premiums.
A professional specially trained to use mathematical techniques to solve problems involving future uncertainty and risk. For the purposes of this Act, an actuary is a person qualified as an actuary and who is a current member in good standing with (i) the Institute of Actuaries in England, (ii) the Faculty of Actuaries in Scotland, (iii) the Societies of Actuaries in the United States of America, or (iv) the Canadian Institute of Actuaries.
an actuary is somebody who calculates insurance risks and premiums.
A professional person qualified to make calculations and valuations in respect of pension funds, insurance funds or other forms of investment. Actuaries apply mathematical, statistical, economic and financial analysis to a particular emphasis on longer-term financial assessment of risk or uncertain financial outcomes.
A person who assesses risks and costs, in particular those relating to life assurance and investment policies, using a combination of statistical and mathematical techniques.
An expert in the mathematics of insurance, annuities, and financial instruments.
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.
An actuary is a statistical expert employed by an insurance company to figure out how much people should pay for insurance.
A highly specialized mathematician professionally trained in the risk aspects of insurance, whose functions include the calculations involved in determining proper insurance rates, evaluating reserves, and in various aspects of insurance research.
A statistician who computes insurance risks and premiums. Actuaries keep GEICO profitable and financially stable by setting prices, assessing trends, and determining how much to hold in reserve to pay claims.
A professional skilled in evaluating and assessing risks. Actuaries monitor and advise on the solvency of life assurance companies and pension funds.
In insurance, a person trained in statistics, accounting and mathematics who determines policy rates, reserves, and dividends by deciding what assumptions should be made with respect to each of the risk factors involved (such as the frequency of occurrence of the peril, the average benefit that will be payable, the rate of investment earnings, if any, expenses, and persistency rates), and who endeavors to secure as valid statistics as possible on which to base his assumptions.
One who uses statistical information to evaluate the probability of future events and prices insurance products.
One who computes the risk of claims/premiums paid.
Someone who computes the risk of claims/premiums paid.
Person who computes the risk of claims/premiums paid.
One who computes the risk of accidents/premiums paid.
A professional in the pension area who is responsible for calculating the liabilities of pension plans and the costs of providing pension plan benefits. In Canada, a person must be a member of the Canadian Institute of Actuaries (CIA) to be recognized as a professional actuary.
This person is professionally trained in the specifics of pensions, insurance and related areas. They determine how much money must be contributed to an insurance or pension fund in order to be sufficient for the future.
A person who uses complex mathematical methods, usually with the aid of computers, to analyze loss data and other statistics and develop systems for determining future premiums.
Almost all actuaries are in the Insurance Industry. They are trained mathematicians dealing with probabilities and evaluating the current financial implications of future inevitable events. In the divorce process an actuary could be called upon to calculate the current assets of a couple and project what the worth would be at some future date. He/ She may also answer questions such as: How much would an unemployed person need in current assets to be equal to someone that has an established income? What would be the equivalent and what would be the future result of splitting up current assets? How long will a couple's assets last if they are split equally
An actuary is an expert on pension scheme assets and liabilities , life expectancy and probabilities (the likelihood of things happening) for insurance purposes. An actuary works out whether enough money is being paid into a pension scheme to pay the pensions when they are due.
A person who calculates statistically risks, premiums, life expectancies and other factors for insurance firms.
a person trained in mathematics whose job is to apply the theory of probability to the business of insurance in order to develop insurance rates, and to advise in situations involving questions of probability. (See LAW OF LARGE NUMBERS)
A specialist in the mathematics of risk covering premiums, reserves, dividends, insurance, and annuities.
Highly skilled mathematician typically employed by insurance companies to determine premiums, reserves, pension and annual retirement of equipment using statistical techniques
A mathematician working for a health insurance company responsible for determining what premiums the company needs to charge based in large part on claims paid verses amounts of premium generated. Their job is to make sure a block of business is priced to be profitable.
A professional who mathematically analyzes and determines the price of the risk associated with providing insurance coverage. An actuary may also determine the anticipated cost of providing future benefits.
A business professional who is a member of the Canadian Institute of Actuaries (CIA) and is responsible for preparing and signing valuations. Actuaries apply their knowledge of mathematics - particularly of probability, statistics and risk theory - to real-life financial problems involving future uncertainty, usually associated with life insurance, property and casualty insurance, annuities, pensions or other employee benefit plans.
Insurance contracts and retirement plans require professional calculation of payments to be received and benefits to be paid. An actuary analyzes all probability and risk estimates based upon past experiences to confirm obligations are pragmatic and attainable.
The accountant's accountant. Mathematically minded professionals who crunch numbers to solve long-term financial problems, such as pension returns.
An adviser on financial matters involving the probabilities relating to mortality and other contingencies affecting pension scheme financing. The Pensions Act regulates who may function as actuary to a scheme. In the context of PRSAs, the Act also defines a PRSA Actuary, an actuary who must be employed or retained by a PRSA provider.
a person professionally trained to determine risks, rates, premiums, etc., for insurance companies •ÛŒ¯Œv—lAƒAƒNƒ`ƒ…ƒA
A person who determines insurance policy rates, reserves and dividends, as well as conducts various other statistical studies. You don't develop capitated rates, or agree to a capitated contract without one of these working for you in some capacity.
A qualified professional who makes valuations and calculations in regard to investment funds, be they superannuation, insurance funds, or investment holdings.
An actuary is a business professional who deals with the financial impact of risk and uncertainty.