What does actuary mean?

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

Here are all the possible meanings and translations of the word actuary.

Princeton's WordNet

  1. statistician, actuarynoun

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


  1. actuarynoun

    registrar, clerk.

    Etymology: From actuarius, from actus; see

  2. actuarynoun

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

    Etymology: From actuarius, from actus; see

Webster Dictionary

  1. Actuarynoun

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

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

  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

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


  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 Dictionary

  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.]

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  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.

Images & Illustrations of actuary

  1. actuaryactuaryactuaryactuaryactuary

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    either of two different animal or plant species living in close association but not interdependent
    • A. motile
    • B. tantamount
    • C. commensal
    • D. bonzer

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