Actuary


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Actuary

An accredited insurance mathematician who calculates premium rates, reserves, and dividends and prepares statistical studies and reports.
References in periodicals archive ?
In all countries in which life insurance is used in their actuary system, there are conditions for giving advice.
With knowledge of the upcoming closeout negotiation, the actuary may have discounted the $20 million reserve estimate to encourage consideration of the time value of money.
Qualifications: Eligible candidates must meet education requirements, be a member of an approved actuary society, and have at least three years of full-time actuarial work.
What an actuary generally can do is take the expertise of other people, their opinions and data, and deal with the financial consequences of it," says Frederick W.
The auditor should test the basic census data used by the actuary for completeness and accuracy.
The actuary and his staff write much of the trustees' report.
Prior to joining Lockton, Demaree was Vice President and Director of Actuarial Services for Wachovia Insurance Services and a senior actuary with Employers Reinsurance Corporation.
WASHINGTON -- GEICO's board of directors recently announced the promotion of Warren Klawitter to vice president and chief actuary at the company's headquarters in Chevy Chase, Md.
July 14, 2014 /PRNewswire/ -- Pinnacle Plan Design, LLC, a national provider of qualified retirement plan design, administration and actuarial consulting services, announces that Lauren Okum, ASA, EA, MAAA, MSPA, has been hired as a consulting actuary.
Another key executive in Transamerica Reinsurance's European office is Rejean Besner, Chief Actuary and Deputy CFO of the European market.
Foster, who is retiring this week as Centers for Medicare and Medicaid Services Chief Actuary after a long and distinguished career in public service.
Appropriate review and control protocols are employed to ensure that the in-house actuary is able to efficiently and effectively review the results.