actuary (Meaning)
actuary (n)
someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
actuary (n.)
A registrar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.
The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.
Synonyms & Antonyms of actuary
No Synonyms and anytonyms found
actuary Sentence Examples
- The insurance company hired an actuary to assess and manage financial risks associated with policyholders.
- The actuary used mathematical models to analyze data and determine premium rates for different insurance plans.
- As an actuary, she specialized in calculating the financial impact of various events on pension funds.
- The actuary's expertise was crucial in developing accurate projections for life expectancy in demographic groups.
- Actuaries are often employed by financial institutions to evaluate and mitigate risks in investment portfolios.
- The actuary provided valuable insights into the long-term financial implications of the retirement plan.
- Actuaries play a key role in helping businesses navigate complex financial decisions, such as mergers and acquisitions.
- The actuary's report guided the company in making strategic decisions to ensure long-term financial stability.
- As an actuary, he excelled in using statistical methods to analyze data and forecast future financial trends.
- Actuaries are essential in the insurance industry, providing valuable expertise in risk assessment and financial planning.
FAQs About the word actuary
someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)A registrar or cle
No synonyms found.
No antonyms found.
The insurance company hired an actuary to assess and manage financial risks associated with policyholders.
The actuary used mathematical models to analyze data and determine premium rates for different insurance plans.
As an actuary, she specialized in calculating the financial impact of various events on pension funds.
The actuary's expertise was crucial in developing accurate projections for life expectancy in demographic groups.
