actuary

  

Definition

Qualified statistician who uses experience tables (such as mortality tables and morbidity tables) to asses life expectancy of different age groups. Often employed as insurance underwriters, actuaries employ mathematical theories of probability in determination of insurance risks, and in administration of pension funds.

Related Videos




http://www.businessdictionary.com/definition/actuary.html

Mentioned in these terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z