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Actuarial credentialing and exams. 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.
An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. [ 1] The name of the corresponding field is actuarial science which covers rigorous mathematical calculations in areas of life expectancy and life insurance. These risks can affect both sides of the balance sheet ...
A professional doctoral degree for naturopathic practitioners in the United States. Holders of the ND or NMD degree are known as naturopathic physicians in states where they may be licensed. The designation NMD is used in Arizona. Doctor of Business Administration. DBA or DrBA. Doctor of Education. EdD or DEd.
Founded as an actuarial firm in New York City in 1916 by George B. Buck Sr., [ 3] in 2016 the firm had more than 1,500 employees and affiliates in nearly 200 global locations. Buck Consultants remained an independent organization until 1997 when it was acquired by Mellon Financial. [ 4] The Buck Consultants brand name was scrapped in late 2003 ...
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty and life expectancy. Actuaries are professionals trained in this discipline.
Chain-ladder method. The chain-ladder or development[ 1] method is a prominent [ 2][ 3] actuarial loss reserving technique. The chain-ladder method is used in both the property and casualty [ 1][ 4] and health insurance [ 5] fields. Its intent is to estimate incurred but not reported claims and project ultimate loss amounts. [ 5]
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