Primary Actuary definition

Primary Actuary means the Member whose actuarial advice is being reviewed in terms of this Professional Standard. Most commonly, the Primary Actuary for such valuations would be the appointed actuary of the general insurer, or the Member undertaking the valuation of general insurance liabilities for a self-insurer or accident compensation scheme.
Sample 1
Primary Actuary means the Member whose actuarial advice is being reviewed in terms of this Professional Standard. Most commonly, the
Sample 1
Primary Actuary means the Member whose actuarial advice is being reviewed in terms of this Professional Standard.
Sample 1

Examples of Primary Actuary in a sentence

  • The client for whom the Primary Actuary most recently completed an actuarial audit.

  • It is acknowledged that there can be differences in professional opinion between the Primary Actuary and the Reviewing Actuary.

  • In such situations, there is an inherent need for communication between the Reviewing Actuary and the Primary Actuary.

  • For the Primary Actuary and all Secondary Actuaries, state the length of time these individuals have all worked together as a team.

  • The Reviewing Actuary must recognise that actuarial practice does vary and that the amount, and detail, of work undertaken by the Primary Actuary on any matter will vary, depending upon the extent to which it is considered Material.

  • Recognising this, at the earliest opportunity, the Reviewing Actuary must discuss any such issues arising with the Primary Actuary.

  • A full-service actuarial consulting client that has been assigned for at least two years to the Primary Actuary proposed for the RSA account.

  • Additionally, the Reviewing Actuary must consider whether key risks and uncertainties have been identified by the Primary Actuary.

  • There must be consideration of the investigations undertaken, as well as Specified Valuation results obtained, by the Primary Actuary.

  • Attach a recent Triennial Experience Study for a public pension client prepared by the proposed Primary Actuary.


More Definitions of Primary Actuary

Primary Actuary means the Actuary whose Actuarial Advice is being Peer Reviewed in terms of this Explanatory Note.
Sample 1
Primary Actuary means the Actuary whose Actuarial Advice is being reviewed in terms of this Professional Standard. Most commonly, the Primary Actuary for such valuations would be the approved actuary of a general insurer, or the appointed actuary of a life insurer, or the Actuary undertaking the valuation of general insurance liabilities for a self-insurer or accident compensation scheme.
Sample 1

Related to Primary Actuary

  • Actuary means a person who is a member in good standing of the American academy of actuaries.

  • Assistant Hydrographic Surveyor means the Assistant Hydrographic Surveyor of the Authority, as the case may be

  • Appointed actuary means any individual who is appointed or retained in accordance with the requirements set forth in 5.34(5)“c” to provide the actuarial opinion and supporting memorandum as required by Iowa Code section 508.36.

  • Expert Advisor means a mechanical online trading system designed to automate trading activities on an electronic trading platform such as the Company’s Trading Platform. It can be programmed to alert the Client of a trading opportunity and can also trade his Trading Account automatically managing all aspects of trading operations from sending orders directly to the Trading Platform to automatically adjusting stop loss, Trailing Stops and take profit levels.

  • External Auditor as used here shall mean any registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Company. Each such external auditor shall report directly to the Committee. With respect to the external auditor, the Committee shall:

  • Independent living program means a program designed to assist a juvenile to enhance skills and abilities necessary for successful adult living and may include but shall not be limited to minimal direct staff supervision and supportive services in making the arrangements necessary for an appropriate place of residence, completing an education, vocational training, obtaining employment or other similar services;

  • As directed means the direction given by the Engineer In-Charge/Client/ Consultant.

  • Qualified actuary means a member in good standing of the American Academy of Actuaries.

  • Directly supervised means a qualified staff member maintains visual contact with the supervised staff.

  • School function means any school-sponsored extra-curricular event or activity.

  • Professional geologist means a person who is a graduate of an institution of higher education which is accredited by a regional or national accrediting agency, with a minimum of thirty semester (forty-five quarter) hours of undergraduate or graduate work in a field of geology and whose post-baccalaureate training has been in the field of geology with a specific record of an additional five years of geological experience to include no more than two years of graduate work. 23-41-208, C.R.S. and 34-1-201, C.R.S.

  • Licensed Independent Practitioner means any individual permitted by law and by the Medical Staff and Board to provide care and services without direction or supervision, within the scope of the individual’s license and consistent with individually granted clinical privileges.

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Auditor means the person for the time being performing the duties of auditor of the Company (if any).

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • Independent Certified Public Accountant means a person duly registered in good standing and entitled to practice as a certified public accountant under the laws of the place of his residence or principal office and who is in fact independent. In determining whether an accountant is independent with respect to a particular person, appropriate consideration should be given to all relationships between the accountant and that person or any affiliate thereof. Determination of an accountant’s independence shall not be confined to the relationships existing in connection with the filing of reports with the awarding authority.

  • Sub-Advisor shall include the Sub-Advisor and/or any of its affiliates and the directors, officers and employees of the Sub-Advisor and/or any of its affiliates.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Evaluation Team means the team appointed by the City; “Information Meeting” has the meaning set out in section 2.2;

  • Substance Abuse Professional (SAP) means a qualified person who evaluates employees who have violated a DOT drug and alcohol regulation and makes recommendations concerning education, treatment, follow-up testing, and aftercare.

  • Accountant A Person engaged in the practice of accounting who (except when this Indenture provides that an Accountant must be Independent) may be employed by or affiliated with the Issuer or an Affiliate of the Issuer.

  • Independent living services means services and activities provided to a child in foster care 14 years

  • Design Criteria Professional means a firm who holds a current certificate of registration under Chapter 481 of the Florida Statutes, to practice architecture or landscape architecture, or a firm who holds a current certificate as a registered engineer under Chapter 471 of the Florida Statutes, to practice engineering, and who is employed by or under contract to the District to provide professional architect services, landscape architect services, or engineering services in connection with the preparation of the Design Criteria Package.

  • Home inspector means an individual who is certified pursuant