- Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.
- (formerly) a registrar or clerk.
Origin of actuary
Examples from the Web for actuarial
That miscalculation could mean serious trouble in terms of actuarial soundness.With More Competition and Choice, Obamacare Might Not Be So Horrible
May 12, 2014
Social security encourages behavior which undermines the actuarial soundness of social security itself.Sorry, Folks: One Way or the Other, You'll Never Be Able to Completely Count on Retirement
March 15, 2013
But while support for ending the death penalty was cold and actuarial, opposition to the measure was emotional and raw.Death Penalty Survives In California, But Three-Strikes Law Cut Back
David R. Dow
November 9, 2012
There is also literally a conversation about contemporary practices in actuarial mathematics.Saw, Scrutinized
October 23, 2009
At 79 years of age, actuarial tables say a woman is likely to live another 9.74 years.Who's Best for the Kids?
July 15, 2009
It only represents the actuarial average expectation of all the lives.Essays in Liberalism
Their actuarial condition appears to be backward, but to show indications of improvement.
He outsold many men with actuarial minds, and extended knowledge.The Psychology of Salesmanship
William Walker Atkinson
The business of life insurance upon the continent of Europe has given an extraordinary stimulus to actuarial studies.
The financial and actuarial basis of the scheme has been very carefully studied by the light of all available information.Liberalism and the Social Problem
Winston Spencer Churchill
- a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance
Word Origin and History for actuarial
1550s, "registrar, clerk," from Latin actuarius "copyist, account-keeper," from actus "public business" (see act (n.)). Modern insurance office meaning first recorded 1849.
A mathematician who uses statistics to calculate insurance premiums.