A specialist in the mathematics of risk, especially as it relates to insurance calculations such as premiums, reserves, dividends, and insurance and annuity rates. They work for insurance companies to evaluate applications based on risk.

Use actuary in a sentence

He was an actuary and was really good at math and that really impressed me and made me feel confident.

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You should try and bring on an actuary that can tell you if the new investment is really worth the risk.

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The actuary, in effect, earned millions of dollars for Richard by helping him to avoid overly risky transactions in penny stocks.

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