What does the word actuarially mean?
1 : of or relating to actuaries. 2 : relating to statistical calculation especially of life expectancy. Other Words from actuarial. actuarially adverb.
What is another word for actuaries?
In this page you can discover 7 synonyms, antonyms, idiomatic expressions, and related words for actuary, like: statistician, accountant, trustee, actuarial, auditor, underwriter and interinsurance.
What is the plural of actuary?
noun. ac·tu·ary | \ ˈak-chə-ˌwer-ē , -shə-, -ˌwe-rē- \ plural actuaries.
What is an actuary person?
Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk of potential events, and they help businesses and clients develop policies that minimize the cost of that risk. Actuaries’ work is essential to the insurance industry.
What is actuarial basis?
The actuarial basis of accounting is a method often used to calculate periodic payments that a company must make in order to fund its employee’s pension benefits.
How do you become an actuary?
Here are the steps you need to take in order to become an actuary.
- Get Your Bachelor’s Degree.
- Pass Your First 2 Exams.
- Improve Your Technical Skills.
- Get an Actuarial Internship.
- Get Your First Entry-Level Actuarial Position.
- Attain Associateship.
- Attain Fellowship.
- Move Up to a Management Position.
What is the opposite of accountant?
The word accountant typically refers to a person who maintains financial accounts of a business. There are no categorical antonyms for this word. However, one could loosely use any unrelated professions as antonyms, e.g., policeman, driver, etc.
What is another word for statisticians?
What is another word for statistician?
| actuary | calculator |
|---|---|
| geometrician | theoretician |
| mathematician | number cruncher |
| numerical analyst | CPA |
| accountant | bookkeeper |
What are the actuary exams called?
In the U.S., for life, health, and pension actuaries, exams are given by the Society of Actuaries, while for property-casualty actuaries the exams are administered by the Casualty Actuarial Society….CAS advanced exams.
| CAS exam | Subject matter | Test window |
|---|---|---|
| Exam 9 | Financial risk and rate of return | Late April |
Who was the first actuary?
James Dodson, Richard Price and his nephew, William Morgan, who was actuary at Equitable from 1775-1830, played crucial roles in the design and successful implementation of this blueprint. The first rigorous valuation of the liabilities of a life office was undertaken by Morgan and his small team in the mid-1770s.
What is the root word of actuary?
Send us feedback . borrowed from Latin āctuārius “shorthand writer, keeper of accounts,” alteration (with -u- from the u-stem action noun āctus) of *āctārius, from āctum “public transaction, record” + -ārius -ary entry 1 — more at act entry 1 “Actuary.”
What is an actuary in an insurance company?
Actuary, akt′ū-ar-i, n. a registrar or clerk: one who makes the calculations connected with an insurance office. The assets to be handed over shall be determined by an actuary appointed by the Mixed Arbitral Tribunal. Or we may illustrate by the difference between the auditor and an actuary in an insurance company.
What skills are needed to become an actuary?
Actuaries must understand business, have good analytical skills, and be aware of how human behavior affects risk. In the insurance business, for example, actuaries use an issuer’s costs to calculate premiums for policyholders.