Other forms: actuaries
An actuary is a specialist who calculates risk for insurers. A qualified actuary, the actuary's report, train as an actuary.
The examinations are among the hardest of any profession and take years. The job is putting a number on how likely something is and what it would cost, which is what makes insurance and pensions possible at all rather than a gamble.
1nounactuaryA specialist who calculates risk for insurers.
“The insurance company's actuary worked out how much to charge older drivers.”
actuary is a professional.
Latin actuarius meant a clerk who kept records, from actus, public business.
Latin
āctuārius — copyist, account-keeper
English, today
actuary
Built from
From Latin āctuārius (“copyist, account-keeper”), from āctus (“public business”); see actuarius.
Etymology from Wiktionary, CC BY-SA