Definition of Actuary

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

Exact synonyms: Statistician
Category relationships: Statistics
Generic synonyms: Calculator, Computer, Estimator, Figurer, Reckoner
Specialized synonyms: Surveyor
Derivative terms: Actuarial, Statistics



Definition of Actuary

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

Definition of Actuary

1. Noun. (dated 16th-19th century) registrar, clerk. ¹

2. Noun. A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions. ¹

¹ Source: wiktionary.com

Definition of Actuary

1. a statistician who computes insurance risks and premiums [n -ARIES]

Actuary Pictures

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Lexicographical Neighbors of Actuary

actualization
actualizations
actualize
actualized
actualizes
actualizing
actually
actualness
actuals
actuarial
actuarial analysis
actuarial table
actuarially
actuaries
actuarily
actuary (current term)
actuate
actuated
actuates
actuating
actuating(a)
actuation
actuations
actuator
actuators
actuopalynology
actuose
actuosity
acture
actures

Literary usage of Actuary

Below you will find example usage of this term as found in modern and/or classical literature:

1. Insurance Regulation and Supervision in Latin America: A Comparative Assessment by OECD Staff, Oecd, Yasumasa Tahara (2003)
"In Peru, some life and non-life insurance companies use an actuary. ... Mexico reported that a certified actuary must prepare and sign the technical notes ..."

2. Insurance Regulation and Supervision in Asia and Latin America by Oecd, SourceOECD (Online service), Centre for Co-operation with Non-members, Ishii, Hisaya (2001)
"Of these countries, Cuba reports that, although it is not obligatory for insurance companies to appoint an actuary, insurance companies are not allowed to ..."

3. A Treatise on the Law of Fellow-servants: Embracing a Collection of Statutes by William Mark McKinney (1889)
"Any occasional vacancy similarly occurring in the office of Contributors' actuary, shall be filled up by the contributing members at an extraordinary ..."

4. Principles Governing the Retirement of Public Employees by Lewis Meriam (1918)
"apparently simple and desirable but actuarially is so complicated as to be impracticable; but generally the actuary can suggest a practicable method of ..."

5. Journal of the Statistical Society of London by Statistical Society (Great Britain) (1863)
"... actuary of the London and Provincial Law Assurance Society, and Fellow of the Institute of Actuaries. [From the "Assurance Magazine and Journal ..."

6. The Insurance Cyclopáedia: Being a Dictionary of the Definition of Terms by Cornelius Walford (1871)
"as demand from the actuary great technical and mathematical skill, besides integrity, consummate judgment, courage and prudence. In the same year Mr. H. \V. ..."

7. The Three Systems of Life Insurance, Embracing: I. The Level Premium System by Mervin Tabor (1900)
"actuary.—One who is proficient in that branch of Life Insurance, which is strictly of a ... The actuary of a company makes the rates, at all the ages, ..."

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