Actuary
A professional who uses mathematics, statistics, and financial theory to measure and manage risk for insurance companies. Actuaries build the models that determine how much your premium should be. They are essential to the financial health of every insurer.
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Disclaimer: This glossary entry is for informational purposes only and does not constitute financial or insurance advice. Consult with a licensed insurance professional for personalized guidance. GuardianChoices may earn affiliate commissions from links on this site — see our advertiser disclosure.
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