For Actuary we have terms and definitions in 7 topics. The topics are Auto Insurance, Business, Car Insurance, Employee Benefits, Health Care, Health Insurance and Insurance.

Actuary (Auto Insurance)

A professional qualified to apply principles to solving financial problems, normally in connection with pensions, life insurance and investment.
Additional Voluntary Contributions
Additional contributions made by pension scheme members to top up their eventual retirement income.

Actuary (Business)

A professional expert in pension and life insurance matters, particularly trained in mathematical, statistical, and accounting methods and procedures, and in insurance probabilities.

Actuary (Car Insurance)

Professional person trained in the technical aspects of insurance and related fields who specialises in the mathematics and the calculation of premiums and reserves.

Actuary (Employee Benefits)

A person professionally trained in the technical aspects of insurance, particularly in the mathematics of insurance, such as calculating premiums and proper Fund reserves. Actuaries assist in estimating the cost of implementing new benefits or changing existing benefits.

Actuary (Health Care)

A person in the insurance field who decides policy rates and conducts various other statistical studies.

Actuary (Health Insurance)

A mathematician working for a health insurance company responsible for determining what premiums the company needs to charge based in large part on claims paid verses amounts of premium generated. Their job is to make sure a block of business is priced to be profitable.

Actuary (Insurance)

An insurance professional skilled in the analysis, evaluation, and management of statistical information. Evaluates insurance firms’ reserves, determines rates and rating methods, and determines other business and financial risks.

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