Explanation and meaning of actuary.

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actuary

/'ækʧu,ɛri/

Synonyms of actuary Antonyms of actuary Examples of actuary Usage of actuary Parts of actuary Definition that contains actuary Words sounding like actuary Explanation of actuary

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

statistician

type of:
computer estimator calculator reckoner figurer

Explanation of actuary

An actuary is a professional who applies mathematical and statistical techniques to assess and manage financial risks, particularly in the field of insurance and pensions. Actuaries use complex models and analysis to evaluate and predict potential risks and their financial impact.