actuary

noun
ac·​tu·​ary | \ ˈak-chə-ˌwer-ē How to pronounce actuary (audio) , -shə-, -ˌwe-rē- \
plural actuaries

Definition of actuary

1 obsolete : clerk, registrar
2 : a person who calculates insurance and annuity premiums, reserves, and dividends

Examples of actuary in a Sentence

Recent Examples on the Web As the team numbers dwindle, Mike and Tantoo realize Varnay (Benjamin Walker), who initially posed as Katka’s innocent insurance actuary, has been in on the deceptive plan from the beginning. Sydney Clarke, refinery29.com, 29 June 2021 Williams at the time was an actuary with PricewaterhouseCoopers and Greene did digital marketing for Humana. Mike Dojc, Forbes, 23 June 2021 An actuarial audit provides an independent review of the systems’ consulting actuary. Edward Siedle, Forbes, 22 June 2021 In 1825, however, the British actuary Benjamin Gompertz published a new mathematical model of mortality, which demonstrated that the risk of death increased exponentially with age. New York Times, 28 Apr. 2021 On Friday, the city’s actuary, Gene Kalwarski, said the changing assumptions about employee longevity account for police officers and firefighters living less long than other employees, which studies have shown. David Garrick, San Diego Union-Tribune, 16 Mar. 2021 Her mother was executive director of the Boys Club (now the Variety Boys and Girls Club) of Queens; her father was an actuary. New York Times, 15 Mar. 2021 Julia Lerche, the chief actuary and policy adviser for North Carolina's Medicaid program, said a full expansion could cost the state $400 million less than a partial expansion. Nyamekye Daniel, Washington Examiner, 11 Jan. 2021 Insurers overall have returned about $14 billion to auto customers because people are driving less, said James Lynch, chief actuary for the industry group Insurance Information Institute. Ann Carrns, Star Tribune, 9 Jan. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'actuary.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of actuary

1570, in the meaning defined at sense 1

History and Etymology for actuary

borrowed from Latin āctuārius "shorthand writer, keeper of accounts," alteration (with -u- from the u-stem action noun āctus) of *āctārius, from āctum "public transaction, record" + -ārius -ary entry 1 — more at act entry 1

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Time Traveler for actuary

Time Traveler

The first known use of actuary was in 1570

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Statistics for actuary

Last Updated

11 Jul 2021

Cite this Entry

“Actuary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/actuary. Accessed 25 Jul. 2021.

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More Definitions for actuary

actuary

noun

English Language Learners Definition of actuary

: a person whose job is to tell insurance companies how much they should charge people for insurance based on risks

actuary

noun
ac·​tu·​ary | \ ˈak-chə-ˌwer-ē, -shə- How to pronounce actuary (audio) \
plural actuaries

Legal Definition of actuary

: a person who calculates insurance and annuity premiums, reserves, and dividends

More from Merriam-Webster on actuary

Nglish: Translation of actuary for Spanish Speakers

Britannica.com: Encyclopedia article about actuary

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