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Actuarial firms provide actuarial, statistical, risk-management, and related services to insurance companies, and other large institutions with a need to carefully calibrate risk. For more information, see Actuarial Science .
An actuary is a business professional who deals with a financial situation of risk and uncertainty. This is a list of notable actuaries and others who have influenced the profession. This is a list of notable actuaries and others who have influenced the profession.
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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 Actuarial Society of America was the first actuarial professional association in North America, founded in 1889 with only 38 members and headquartered in New York City. Initial members were included by invitation, but the organization soon adopted a system of examination for qualification, with the first Fellow to qualify via exams joining ...
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.
Milliman, formerly Milliman & Robertson, is an international actuarial and consulting firm based in Seattle, Washington.. The company was founded in 1947, by Wendell Milliman and Stuart A. Robertson and operates 59 offices internationally, with over 3,000 employees.
ASPPA was founded in 1966 originally as an actuarial organization. Since then ASPPA has expanded and diversified its membership to include all types of pension professionals — from actuaries , consultants , and administrators to insurance professionals, financial planners , accountants , attorneys , and human resource managers .