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acturial

 

Definitions from the Web

Acturial

Definition:

Noun:

The acturial refers to a person who specializes in using statistical and mathematical techniques to assess and manage financial risks, especially in the insurance and pension industries.

Adjective:

Used to describe something related to the work or methods of an acturial.

Examples:

Noun:

1. The acturial predicted the potential losses insurance companies may face due to the recent natural disaster.

2. My brother is studying to become an acturial and hopes to work for a large insurance company.

Adjective:

1. The acturial tables provided the necessary data for the calculation of life expectancy.

2. The acturial report highlighted the financial risks associated with the new pension scheme.

Related Products:

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