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Actuary Meaning in English

word

ˈæktʃuˈɛˌɹi
AK-choo-EHR-ee
ˈæktʃuːəɹi
AK-choo-uh-ree

Definition

An actuary is a professional who uses mathematics, statistics, and financial theory to study uncertain future events, especially in insurance and pensions.

Usage & Nuances

'Actuary' is a formal, professional term, mostly used in financial, business, and insurance contexts. It's not a common everyday word. Often appears as 'insurance actuary' or 'chief actuary.' Pronounced /ˈæk.tʃu.er.i/.

Example Sentences

My uncle is an actuary at an insurance company.

basic

An actuary needs strong math skills.

basic

The company hired a new actuary last month.

basic

As an actuary, Sarah spends hours analyzing data to predict risks.

natural

Becoming an actuary takes years of study and passing several exams.

natural

Many people don’t know what an actuary does until they work in insurance.

natural