Noun(1) someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums
(1) As well as teaching at the University of Copenhagen, he was the chief actuary for an insurance company.(2) Without his job as an insurance actuary the 66-year-old Schmidt has no identity.(3) A responsible actuary and pension fund trustees would never have allowed this to happen.(4) I am a pension actuary with 27 years' experience working with traditional defined-benefit pension plans.(5) The assured is then paid the surrender value of the policy, which is calculated by an actuary on the basis of the amounts paid to date.(6) He was an actuary in the Skandia Insurance Company from 1904 to 1907.(7) Life expectancy is a term used by actuaries , people who calculate statistics and probability for insurance use.(8) But it's a rule of thumb that has been bandied about by actuaries and financial advisers for a long time and, if you do the sums, as a general idea, it works.(9) The actuarial side of the business was far too complicated for them because their experience lay mainly in general financial services.(10) Each year a report is produced by the trustees of your pension scheme and every three years there is a valuation by actuaries , who analyse financial risk.(11) The increase is largely due to actuarial estimates of the scheme's future liabilities rising substantially.(12) The result was that actuaries said pension funds had more money than they needed.(13) The last actuarial valuation on its pension fund was undertaken more than two years ago.(14) In determining the actuarial surplus in a pension fund, actuaries make key assumptions.(15) Hubbard believes in training managers to measure risk the way actuaries do.(16) Nicholson questioned insurance actuaries about their profession.
1. statistician ::
English to Afrikaans Dictionary: actuary
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