Chief Actuary definition

Chief Actuary means the person appointed by the Transferor or the Transferee from time to time to perform (i) in the case of the Transferor, the "Chief Actuary" controlled function (SIMF20) or the equivalent successor function or (ii) in the case of the Transferee, the “Actuary Key Function Holder” as specified in the Insurance Act or the equivalent successor function;
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Chief Actuary means the person appointed by the relevant Transferor or the Transferee from time to time to perform (i) in the case of a Transferor, the "Actuarial" controlled function (CF12) or (ii) in the case of the Transferee, during the period prior to 7 March 2016, the "Actuarial" controlled function (CF12) and in the period after and including 7 March 2016, the "Chief Actuary" controlled function (SIMF20) or the equivalent successor function;
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Chief Actuary means the person approved to perform the “Chief Actuary function” on behalf of an insurer in accordance with the Insurance – Senior Insurance Managers Regime part of the PRA Rulebook;
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Examples of Chief Actuary in a sentence

  • The note, loan, or mortgage has a repayment term that is actuarially sound (as determined in accordance with actuarial publications of the Office of the Chief Actuary of the United States Social Security Administration).

  • CERTIFICATION.—In defining the essential health benefits described in paragraph (1), and in revising the benefits under paragraph (4)(H), the Secretary shall submit a report to the appropriate committees of Congress con- taining a certification from the Chief Actuary of the Centers for Medicare & Medicaid Services that such essential health benefits meet the limitation described in paragraph (2).

  • CERTIFICATION.—The Chief Actuary of the Centers for Medicare & Medicaid Services, in consulta- tion with the Office of Tax Analysis of the Department of the Treasury, shall certify whether the methodology used to make determinations under this subparagraph, and such determinations, meet the requirements of clause (ii).

  • Is actuarially sound (as determined in accordance with actuarial publications of the Office of the Chief Actuary of the United States Social Security Administration); and 3.

  • Goss, Chief Actuary, SSA, to the Honorable Sherrod Brown, U.S. Senate, February 24, 2016, https://www.ssa.gov/oact/solvency/SBrown_20160224.pdf.

  • The City Actuary (the “Actuary”), an independent professional who is also the Chief Actuary of each of the five actuarial pension systems, determines annual employer contributions and prepares other actuarial analyses and reports that are used by the City for Financial Plan and financial reporting purposes, as further described below.

  • At least annually, review and approve the mandate for the Chief Actuary and the Actuarial function.

  • At least annually, review the performance evaluation of the Chief Actuary, with the input of the Management Resources and Compensation Committee, and assess the effectiveness of the Chief Actuary and the Actuarial function.

  • Recommend to the Board for approval the appointment and, when considered appropriate, the dismissal of the Chief Actuary, who shall have direct access to the Committee.

  • The actuarial assumptions and methods used in CalPERS public agency valuations are approved by the Board of Administration upon the recommendation of the Chief Actuary.


More Definitions of Chief Actuary

Chief Actuary means the statutory actuary of Sanlam Life appointed in terms of the Long-term Insurance Act, No. 52 of 1998, as amended;
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Chief Actuary means the chief actuary of the Society as appointed by the Board from time to time.
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Chief Actuary means the person appointed by the relevant Transferor or Transferee from time to time to perform:
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Chief Actuary means the person appointed as such in terms of section 13;
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Chief Actuary means the chief actuary of the Financial Services Board and any actuary authorised by him to perform the functions on his or her behalf entrusted to the chief actuary in this section; (v)
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Related to Chief Actuary

  • Chief Academic Officer means the Administrative Officer at the College who has overall management responsibility for academic programs and services, or his/her designee.

  • Chief administrator means the Chief Administrator of the New

  • Chief Engineer means the Officer in charge of the Engineering Department of Railway and shall also include the Chief Engineer (Construction), Chief Electrical Engineer, Chief Electrical Engineer (Construction), Chief Signal & Telecom Engineer, Chief Signal & Telecom Engineer (Construction) and shall mean and include their successors of the Successor Railway.

  • Chief Administrative Officer or “CAO” means the administrative head of a municipality as appointed by Council under clause 86(2)(c) of the Municipal Government Act.

  • Chief Commissioner s section” means a section that, immediately before the commencement, referred to action of the commissioner and after the commencement refers to action of the chief commissioner.

  • Chief Officer means the Officer appointed by the Integration Joint Board in accordance with section 10 of the Act;

  • Chief Administrative Officer (CAO means the person appointed to the position of chief administrative officer for the Town of Okotoks within the meaning of the Municipal Government Act;

  • Chief Financial Officer means a person designated in terms of section 80(2) (a) of the MFMA;

  • Chief Operating Officer means the Chief Operating Officer of the Corporation.

  • Chief Fiscal Officer means the single office or official of the Recipient designated in Appendix B pursuant to Section VI hereof, or his authorized designee as per written notification to the Director.

  • Vice President when used with respect to the Company or the Trustee, means any vice president, whether or not designated by a number or a word or words added before or after the title "vice president".

  • President means the President of the Corporation.

  • Chief Finance Officer means the officer having responsibility for the purposes of section 151 of the Local Government Act 1972 (financial administration) for the administration of the local authority’s financial affairs.

  • CFO means an individual who acted as chief financial officer of the Company, or acted in a similar capacity, for any part of the most recently completed financial year;

  • Chief Electoral Officer means the person appointed by the PCMNO pursuant to Part A of the MNO Electoral Code;

  • General Manager means the Officer-in-Charge of the general superintendence and control of the Zonal Railway/Production Units and shall also include the General Manager (Construction) and shall mean and include their successors, of the Successor Railway.

  • Chief Inspector means Her Majesty's Chief Inspector of Education, Children's Services and Skills or his successor;

  • Chief Executive Officer means the single office or official of the Recipient designated in Appendix B pursuant to Section VI hereof, or his authorized designee as per written notification to the Director.

  • Chief Medical Officer means the chief medical officer under

  • Chief Compliance Officer means the individual appointed by the Board as BSEF’s chief compliance officer in accordance with the Operating Agreement, with the duties and responsibilities as may be prescribed by the Board from time to time as set forth in Rule 208.

  • Chief Judge means the following:

  • Chief Investor Relations Officer means such senior officer of the Company appointed by the Board of directors to deal with dissemination of information and disclosure of UPSI in a fair and unbiased manner.

  • Chief means Chief Agri/Industrial, a division of Chief Industries, Inc.

  • Financial Officer means the chief financial officer, principal accounting officer, treasurer or controller of the Borrower.

  • Deputy President means a Deputy President of the Tribunal;

  • Chief information officer or "CIO" means the Chief Information Officer appointed pursuant to