Meaning of the word actuary in English
What does actuary mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
actuary
US /ˈæk.tʃu.er.i/
UK /ˈæk.tʃu.er.i/
Noun
1.
a person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums.
Example:
•
The insurance company hired a new actuary to assess their risk portfolio.
•
Becoming an actuary requires strong mathematical and statistical skills.
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