Definitions for actuary
ˈæk tʃuˌɛr iac·tu·a·ry

Princeton's WordNetRate this definition:0.0 / 0 votes

1. statistician, actuarynoun

   someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)

WiktionaryRate this definition:0.0 / 0 votes

1. actuarynoun

   registrar, clerk.

2. actuarynoun

   A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.

3. Etymology: From actuarius, from actus; see

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Actuarynoun

   The register who compiles the minutes of the proceedings of a court; a term of the civil law.

   Etymology: actuarius, Lat.

   Suppose the judge should say, that he would have the keeping of the acts of court remain with him, and the notary will have the custody of them with himself: certainly, in this case, the actuary or writer of them ought to be preferred. John Ayliffe, Parergon Juris Canonici.

WikipediaRate this definition:0.0 / 0 votes

1. Actuary

   An actuary is a business professional with advanced statistical skills who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms.While the concept of insurance dates to antiquity, the concepts needed to scientifically measure and mitigate risks have their origins in the 17th century studies of probability and annuities. Actuaries of the 21st century require analytical skills, business knowledge, and an understanding of human behavior and information systems to design and manage programs that control risk. The actual steps needed to become an actuary are usually country-specific; however, almost all processes share a rigorous schooling or examination structure and take many years to complete.The profession has consistently been ranked as one of the most desirable. In various studies in the United States, being an actuary was ranked first or second multiple times since 2010 and in the top 20 for most of the past decade.

ChatGPTRate this definition:0.0 / 0 votes

1. actuary

   An actuary is a professional who deals with financial risks using mathematical and statistical methods. They use probability, economics, and computer science to study uncertain future events, particularly those of concern to insurance and pension programs. Actuaries may work for insurance companies, consulting firms, government, employee benefits departments, or they may be self-employed as consultants. They play a key role in designing insurance policies, pension plans and investments, and implementing strategies for managing risks. Their work involves formulating policies that minimize the cost of that risk.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Actuarynoun

   a registrar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally

2. Actuarynoun

   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

3. Etymology: [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.]

WikidataRate this definition:0.0 / 0 votes

1. Actuary

   An actuary is a business professional who deals with the financial impact of risk and uncertainty. Actuaries provide expert assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries mathematically evaluate the probability of events and quantify the contingent outcomes in order to minimize the impacts of financial losses associated with uncertain undesirable events. Since many events, such as death, cannot be avoided, it is helpful to take measures to minimize their financial impact when they occur. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Analytical skills, business knowledge and understanding of human behavior and the vagaries of information systems are required to design and manage programs that control risk. The profession has consistently ranked as one of the most desirable in various studies over the years. In 2006, a study by U.S. News & World Report included actuaries among the 25 Best Professions that it expects will be in great demand in the future. A study published by job search website CareerCast ranked actuary relative to other jobs in the United States as number 1 in 2010, number 2 in 2012 and number 1 in 2013. The study used five key criteria to rank jobs: environment, income, employment outlook, physical demands and stress.

Chambers 20th Century DictionaryRate this definition:0.0 / 0 votes

1. Actuary

   akt′ū-ar-i, n. a registrar or clerk: one who makes the calculations connected with an insurance office.—adj. Actua′rial. [L. actuarius (scriba), an amanuensis, a clerk.]

Matched Categories

1. • Calculator
   • Statistics

How to pronounce actuary?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say actuary in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of actuary in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of actuary in Pythagorean Numerology is: 8

Examples of actuary in a Sentence

1. Bill Gross:

   That, of course, is a stretch of some accountant's or actuary's imagination.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=actuary
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Actuary
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=actuary
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Actuary
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/actuary
7. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=actuary
8. ^ Chambers 20th Century Dictionary
   https://www.gutenberg.org/files/37683/37683-h/37683-h.htm#:~:text=actuary