Actuaries

C2 16+

Pronunciation: /ˈæk.tʃuˌɛr.iːz/

Definitions of actuaries

noun a person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums

Example Sentences

A1 Actuaries use math to analyze risk and uncertainty.

A2 Actuaries help insurance companies calculate premiums.

B1 Actuaries play a crucial role in the financial industry by assessing potential risks.

B2 Actuaries must pass rigorous exams to become certified professionals.

C1 Actuaries are highly skilled professionals who specialize in risk management and probability.

C2 Actuaries are in high demand due to their expertise in analyzing complex financial data.

Examples of actuaries in a Sentence

formal Actuaries play a crucial role in assessing and managing financial risks for insurance companies.

informal My cousin is studying to become an actuary and he says it's a challenging but rewarding career.

slang Actuaries are like math wizards who work their magic with numbers to predict future outcomes.

figurative Actuaries are the architects of financial security, building strong foundations for businesses to thrive.

Grammatical Forms of actuaries

plural

actuaries

present tense

actuary

future tense

will actuary

perfect tense

have actuaried

continuous tense

is actuarying

singular

actuary

positive degree

actuary

infinitive

to actuary

gerund

actuarying

participle

actuaried

Origin and Evolution of actuaries

First Known Use: 1706 year
Language of Origin: Latin
Story behind the word: The word 'actuaries' originated from the Latin word 'actuarius' which means 'one who keeps accounts'.
Evolution of the word: Over time, the term 'actuaries' evolved to refer specifically to professionals who analyze financial risk using mathematics and statistics.