ACTUARY

statistician, actuary

(noun) someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)

Source: WordNet® 3.1

Etymology

Noun

actuary (plural actuaries)

(dated) Registrar, clerk. [16th-19th c.]

A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.

Source: Wiktionary

Ac"tu*a*ry, n.; pl. Actuaries. Etym: [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.]

1. (Law)

Definition: A registar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registar generally.

2. The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Source: Webster’s Unabridged Dictionary 1913 Edition

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