Actuarial (adjective)

Relating to the work of an actuary, especially the calculation of insurance and pension risks and premiums.


From the noun "actuary", which is a person who uses statistical methods to calculate the likelihood of events such as deaths, illnesses, and accidents, and to assess the financial costs of such events.


  1. The company hired an actuarial consultant to help them price their insurance products.
  2. Actuarial science is a discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries.
  3. An actuarial career is a good choice for those who are interested in mathematics, statistics and finance.
  4. Actuarial tables are statistical tables used to calculate insurance and pension risks.
  5. Actuarial exams are a series of professional examinations that aspiring actuaries must pass in order to become credentialed.
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