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actuary |
Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia, Hutchinson | 0.04 sec. |
actuaryOne who calculates insurance risks and premiums. Actuaries compute the probability of the occurrence of such events as birth, marriage, illness, accidents, and death. They also evaluate the hazards of property damage or loss and the legal liability for the safety and well-being of others. Usually employed by insurance companies, actuaries set premium rates based on statistical studies, establish underwriting procedures, and determine the amounts of money required to assure the payment of benefits. |
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? Mentioned in | ? References in periodicals archive | |
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North American insurers increasingly are seeking the services of
external or unaffiliated actuarial firms to provide actuarial opinions
for annual statutory filings. * Provide information about the actuarial accrued liabilities for
promised benefits associated with past services and whether and to what
extent those benefits have been funded
has promoted Alice Rosenblatt to
executive vice president, actuarial and integration planning and
implementation. |
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actuarial
