: a person who calculates insurance and annuity premiums, reserves, and dividends
Examples of actuary in a Sentence
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While most actuaries work in the insurance industry, evaluating the likelihood of events such as property damage, loss, injury, illness, or death, many also work in finance and investments.—Barbara A. Perry, Newsweek, 28 Jan. 2025 But even the most useless actuary would advise you against opening a newsstand.—Nathan King, airmail.news, 20 Apr. 2024 The San Diego City Employees’ Retirement System actuary reports that the average annual pension for a retired San Diego employee is about $56,500.—Chris Brewster, San Diego Union-Tribune, 7 Feb. 2025 By requiring the disclosure of these actuaries, Treasury will in many cases be able to more quickly identify those microcaptive transactions which require greater scrutiny.—Jay Adkisson, Forbes, 10 Jan. 2025 See All Example Sentences for actuary
Word History
Etymology
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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