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The actuarial credentialing and exam process usually requires passing a rigorous series of professional examinations, most often taking several years in total, before one can become recognized as a credentialed actuary. In some countries, such as Denmark, most study takes place in a university setting.
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. Actuaries are professionals trained in this discipline.
The Institute and Faculty of Actuaries came into being on 1 August 2010 as a result of the merger of the Institute of Actuaries (established in 1848) and the Faculty of Actuaries in Scotland (established in 1856) after voting members of both bodies voted to merge their respective organisations in a ballot held on 25 May 2010.
First person to use the title 'actuary' with respect to a business position [39] William Morgan (1750–1833) Morgan was the appointed Actuary of the Society for Equitable Assurances in 1775. He expanded on Mores's and Dodson's work, and may be considered the father of the actuarial profession in that his title became applied to the field as a ...
The alumni of the university include graduates and attendees. Graduates are defined as those who hold bachelor's, master's, or Ph.D. degrees from the university, while attendees are those who studied at the university but did not complete the program or obtain a degree. Honorary degree holders and auditors of the university are excluded.
Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey.. Nearly three ...
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