Actuary
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.
"Actuary" In Context
"“They will do away with the Government Actuary’s Department (GAD) [equivalent annuity] figure altogether and impose a simple maximum percentage, based on age.” On a more positive note, retirees should benefit from efforts by the pensions industry and ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.