actuary

Definitions

  • WordNet 3.6
    • n actuary someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
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Webster's Revised Unabridged Dictionary
    • Actuary (Law) A registrar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.
    • Actuary The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.
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Century Dictionary and Cyclopedia
    • n actuary A registrar or clerk: a term of the civil law, used originally in courts of civil-law jurisdiction. In England— A clerk who registers the acts and constitutions of the lower house of Convocation.
    • n actuary A person skilled in the application of the doctrine of chances to financial affairs, more especially in regard to the insurance of lives. The term is generally applied to an officer of a life-insurance company whose main duties are to make the computations necessary to determine the valuation of contingent liabilities, computation of premiums, compilation of tables, etc.
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Chambers's Twentieth Century Dictionary
    • n Actuary akt′ū-ar-i a registrar or clerk: one who makes the calculations connected with an insurance office
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Etymology

Webster's Revised Unabridged Dictionary
L. actuarius, copyist, clerk, fr. actus, p. p. of agere, to do, act
Chambers's Twentieth Century Dictionary
L. actuarius (scriba), an amanuensis, a clerk.

Usage

In literature:

By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 213, November 26, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 214, December 3, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, No. 209, October 29 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 219, January 7, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 231, April 1, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 236, May 6, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 223, February 4, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 192, July 2, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 193, July 9, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 233, April 15, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 234, April 22, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 107, November 15, 1851" by Various
Actuaries are figuring that within the past half-century the average length of life has greatly increased.
"Health, Happiness, and Longevity" by Louis Philippe McCarty
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 109, November 29, 1851" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 110, December 6, 1851" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 111, December 13, 1851" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 112, December 20, 1851" by Various
The actuaries of the insurance companies will assure you as to that.
"Our Railroads To-Morrow" by Edward Hungerford
The business of life insurance upon the continent of Europe has given an extraordinary stimulus to actuarial studies.
"Encyclopaedia Britannica, 11th Edition, Volume 14, Slice 6" by Various
He outsold many men with actuarial minds, and extended knowledge.
"The Psychology of Salesmanship" by William Walker Atkinson
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In news:

Reporting to SVP and chief actuary Neil McKay, Thiel will be responsible for timely reporting of actuarial balances while analyzing the financial performance of the company.
He is a graduate of the Actuarial Science program at Temple University, one of the top such curriculums in the country for developing actuaries .
While pursuing actuarial exams, Ryan performs research, organizes data, and participates in a number of Ezra Penland's ongoing actuary projects.
CMS Actuary Finds ObamaCare Bends Cost Curve Up.
Do Actuaries have great jobs, or what.
None of the state retirement systems studied by Wilshire Associates will be able to meet its actuarial assumed rates of return over the next 10 years.
Cindy Levering, a retired consulting actuary, was chatting with her dental hygienist recently about how being conscientious (i.e.
Jim Gates, the city's labor relations manager, said the unanimous decision not to include civil union partners as dependents came down to the additional cost -- $725,000, according to an actuary.
Why was I shocked when I saw two women sitting in front of Congress the other day: Angela F Braly, the chief executive of WellPoint and Cynthia Miller, the company's chief actuary.
Eliminating current " double-dipping " restrictions on retired state employees would cost the state millions of dollars a year in additional pension payments, Consolidated Public Retirement Board actuary Harry Mandel told legislators Monday.
In 1977 the British government was being guided by actuaries who predicted its citizens would be living to 71 on average by 2011.
I didn't think this needed explaining, but the kind of predictions I have in mind aren't actuarial (how many people will die of heart attacks next year given factors x, y, z, n ) or even statistical.
He was the son either of the police actuary Friedrich Wagner, who died soon after his birth, or of his mother's friend the painter, actor and poet Ludwig Geyer, whom she married in August 1814.
"For those who utilize an actuarial approach to life, reducing cholesterol may result in a net loss in terms of survival," Mann said.
The risks and consequences of assuming a too high rate of return justify a conservative approach to this and other actuarial assumptions .
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In science:

Department of Mathematical Statistics and Actuarial Science, University of Bern, Alpeneggstrasse 22, CH-3012 Bern, Switzerland.
U-Quantile-Statistics
Ratanov (2007, 2008) proposed to model financial markets using the telegraph process with two different velocities (as the risky asset tends upward or downward) and jumps occurring at switching velocities. • Actuarial Sciences.
Stochastic velocity motions and processes with random time
There does not seem to be a canonical de finition of a multivariate version for the Pareto distribution, although various versions appear to have been examined in the actuarial literature (see, e.g., , , ).
The entropy per coordinate of a random vector is highly constrained under convexity conditions
St´ephane Launois School of Mathematics, Statistics & Actuarial Science, University of Kent, Canterbury, Kent CT2 7NF, United Kingdom E-mail: S.
Classification of factorial generalized down-up algebras
For an application of our methods in the context of actuarial mathematics, we refer to , for a more algebraic picture from the skew-polynomial perspective see .
Symbolic Analysis for Boundary Problems: From Rewriting to Parametrized Gr\"obner Bases
ICX is less restrictive than stochastic order and is a notion that has found applications in insurance and actuarial science.
A test for equality of multinomial distributions vs increasing convex order
ICX is less restrictive than stochastic order and is a notion that has found applications in insurance and actuarial science.
A test for equality of multinomial distributions vs increasing convex order
Keywords and phrases: stochastic order, directed chi-square test, practical directions, exact test, actuarial science.
A test for equality of multinomial distributions vs increasing convex order
Spreadsheets also perform a critical role in the fund management industry. An actuary working in a very large fund reported that 90% of their working day was spent within the spreadsheet environment, and that this was typical.
The Importance and Criticality of Spreadsheets in the City of London
One of the basic problems of actuarial mathematics and mathematical finance is the comparison of risks; see, for example, Kaas et al. (1994), M¨uller and Stoyan (2002) and Rolski et al. (1999).
Nonparametric two-sample tests for increasing convex order
Indeed, the increasing convex order is often called stop-loss order, especially in an actuarial context.
Nonparametric two-sample tests for increasing convex order
This captures the fact that in an actuarial application, a fixed loss of magnitude c would always be preferable to a random loss with mean c.
Nonparametric two-sample tests for increasing convex order
We have used the comparison of risks as a general motivation, but even within an actuarial context there are many different and specific applications of increasing convex order.
Nonparametric two-sample tests for increasing convex order
Optimizing dividend pay-outs is a classical problem in actuarial mathematics, on which earlier work is given in e.g.
Optimal dividend and investing control of a insurance company with higher solvency constraints
Actuarial Theory for Dependent Risk: Measures, Orders and Models.
A goodness-of-fit test for bivariate extreme-value copulas
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