Actuary definition

Actuary means a person who is a member in good standing of the American academy of actuaries.
Actuary means any Fellow of an institute, faculty, society or chapter of actuaries approved by the Minister;
Actuary means an individual who satisfies all of the following requirements:

Examples of Actuary in a sentence

  • The contributions are determined by the Government Actuary on the basis of quadrennial valuations using a prospective unit credit method.

  • Verified the Data sent to Actuary and checked the assumptions used for valuation.

  • The Australian Government Actuary models the rate of DNER for State-subsidised students in the VSL Program and advises an appropriate DNER rate for the purposes of cost sharing.

  • The UK Government has also asked the Government Actuary to review whether, and to what extent, the cost control mechanism is meeting its original objectives.

  • The explanatory paragraph should not include general, broad statements about risks and uncertainties due to economic changes, judicial decisions, regulatory actions, political or social forces, etc., nor is the Appointed Actuary required to include an exhaustive list of all potential sources of risks and uncertainties.


More Definitions of Actuary

Actuary means the actuary retained by the board in accordance with 19-2-405.
Actuary means the actuary or firm of actuaries employed by the Board at any given time;
Actuary means the independent consulting actuary retained by the Bank to assist the Committee in its administration of the Plan.
Actuary has the meaning given to it in the Pension Trust;
Actuary means the actuary or firm of actuaries employed
Actuary means a person who is a fellow in good standing of the Casualty Actuarial Society with three years recent experience in loss reserving; an associate in good standing of the Casualty Actuarial Society with five years recent experience in loss reserving; or an associate in good standing of the American Academy of Actuaries who has been approved as qualified for signing loss reserve opinions by the Casualty Practice Council of the American Academy of Actuaries and who has seven years recent experience in loss reserving.
Actuary means the actuary or firm of actuaries retained by the Company, but independent thereof. Such actuary or a member of such firm shall be qualified through Fellowship in the Canadian Institute of Actuaries.