actuary
noun
Pronunciation: /ˈæktʃuəri/
Definition
A professional who uses mathematics, statistics, and financial theory to assess and manage the risks of future events, particularly for insurance and pension plans.
Examples
The actuary analyzed mortality rates to determine the appropriate premiums for the new life insurance policy.
After years of rigorous exams, she finally qualified as a professional actuary.
The pension fund hired an actuary to ensure they would have enough capital to meet future obligations.
Synonyms of actuary
Words with a similar meaning to actuary:
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