Pension Plan Terms

1 words in this vocabulary list

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

  • The actuary analyzed the data to calculate the insurance premiums.
  • The actuary crunched the numbers to figure out the costs.
  • The actuary did some math magic to work out the insurance prices.
  • The actuary was the wizard behind the scenes, predicting financial risks.