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Vocabulary Word

Word: actuary

Definition: someone who advises insurance companies


Sentences Containing 'actuary'

A year and a half later he became the youngest actuary (Institute of Actuaries and Faculty of Actuaries) in South African history.
He worked as an actuary for a brief time and then served in the U.S. Army for two years at Fort Benning, Georgia, and in Baumholder, Germany.
In 1924, aged only 22, he was appointed Public Actuary for South Australia.
James Dodson, a mathematician and actuary, tried to establish a new company that issued premiums aimed at correctly offsetting the risks of long term life assurance policies, after being refused admission to the Amicable Life Assurance Society because of his advanced age.
Mores also specified that the chief official should be called an actuary - the earliest known reference to the position as a business concern.
The first modern actuary was William Morgan, who was appointed in 1775 and served until 1830.
The subjects taught include the mathematical bases of Statistics, Actuary and Econometry.
When Alexander MacLean assumed the presidency in 1945, he became the first actuary to take the reins of the company.
When the premium is not mandated by the government, it is usually derived from the calculations of an actuary, based on statistical data.

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