actuary
Insurance math expert
An actuary is a professional who uses mathematics and statistics to assess risk, typically for insurance companies and pension funds.
Actuaries calculate probabilities of events like death, illness, or accidents to determine insurance premiums and financial reserves.
The actuary determined that the policy was underpriced given the applicant's health history.
Contractual risk coverage
- underwritingRisk evaluation and acceptance
- mortalityState of eventual death
- longevityDuration of existence
- liabilityLegal or financial obligation
exposure · hazard · contingency · catastrophe · reinsurance · claims · reserves · solvency
Quantified chance of occurrence
- statisticsCollected numerical information
- calculusMathematical analysis system
- modelingSimulating or demonstrating form
- regressionReturn to former state
stochastic · projections · assumptions · variables · equations · algorithms · computation · quantitative
Resources held back
- liabilitiesAmounts owed to others
- assetsOwned items of value
- pricingEstablishing monetary amounts charged
- premiumAdded cost for better
capitalization · amortization · present value · discounting · cash flow · surplus · solvency · balance sheet
Something that extends outward
- modelingSimulating or demonstrating form
- assumptionsUnproven things taken as true
- scenariosImagined sequences of events
- trendsPrevailing directions of change
demographic · life expectancy · morbidity · stress testing · extrapolation · cohort · generational
Three-letter regulatory or benefits acronym
- examinationsFormal tests of knowledge
- credentialingVerifying professional qualifications
- certificationAttestation of qualification
- consultingGiving expert advice professionally
ethics · standards · practice · opinion · report · attestation · peer review · continuing education
insurance
Contractual risk coverage
- underwritingRisk evaluation and acceptance
- mortalityState of eventual death
- longevityDuration of existence
liability · exposure · hazard · contingency · catastrophe · reinsurance · claims · reserves · solvency · premium
probability
Quantified chance of occurrence
- statisticsCollected numerical information
- calculusMathematical analysis system
- modelingSimulating or demonstrating form
regression · stochastic · projections · assumptions · variables · equations · algorithms · computation · quantitative · numerical
reserves
Resources held back
- liabilitiesAmounts owed to others
- assetsOwned items of value
- pricingEstablishing monetary amounts charged
premium · capitalization · amortization · present value · discounting · cash flow · surplus · solvency · balance sheet · funding
projection
Something that extends outward
- modelingSimulating or demonstrating form
- assumptionsUnproven things taken as true
- scenariosImagined sequences of events
trends · demographic · life expectancy · morbidity · stress testing · extrapolation · cohort · generational
FSA
Three-letter regulatory or benefits acronym
- examinationsFormal tests of knowledge
- credentialingVerifying professional qualifications
- certificationAttestation of qualification
consulting · ethics · standards · practice · opinion · report · attestation · peer review · continuing education
- occupationsdoctor, teacher, baker, lawyer, nurse
- business jobsaccountant, consultant, analyst, manager, banker
- licensed professionalsdoctor, dentist, lawyer, attorney, pharmacist
- licensed professionsdoctor, lawyer, nurse, pilot, teacher
- professional designationdoctor, nurse, lawyer, engineer, architect
- professionalsdoctor, nurse, lawyer, engineer, dentist
actuarygambler
One who bets
speculator · daredevil · risk-taker · thrill-seeker · venture capitalist
actuaryfortune teller
One who predicts futures
psychic · intuitive · soothsayer · mystic · oracle
- actual sizeMatching real dimensions
- what the actual fuckAmplified profane incredulity