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An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. [1] These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. [2]
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. In many countries, actuaries must demonstrate their competence by passing a series of rigorous professional ...
Arcturus is the brightest star in the northern constellation of Boötes.With an apparent visual magnitude of −0.05, [2] it is the fourth-brightest star in the night sky, and the brightest in the northern celestial hemisphere.
Actuaries in South Africa are served by the Actuarial Society of South Africa (ASSA). Until 2010, the requirement to qualify as an actuary in South Africa was to pass the exams hosted by the UK bodies. Starting in 2010, a South African actuarial qualification hosted by ASSA has replaced this arrangement.
Actuarial notation is a shorthand method to allow actuaries to record mathematical formulas that deal with interest rates and life tables. Traditional notation uses a halo system, where symbols are placed as superscript or subscript before or after the main letter. Example notation using the halo system can be seen below.
Do something nice for someone. It can be someone you care about or a total stranger, but random acts of kindness not only make someone else’s day — they make you feel good too, ...
What does it mean to refinance a mortgage? Refinancing is a process of trading in your current mortgage to another lender for lower rates and better terms than your current loan. With a refinance ...
Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. What type of thing is ...