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Actuarial science applies mathematical and statistical methods to finance and insurance, particularly to the assessment of risk. Actuaries are professionals who are qualified in this field through highly competitive examinations and experience.
Actuarial science includes a number of interrelating disciplines, including probability and statistics, finance, and economics. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes during the last 30 years due to the proliferation of high speed computers and the synergy of stochastic actuarial models with modern financial theory .
In traditional life insurance, actuarial science focuses on the analysis of mortality, the production of life tables, and the application of compound interest to produce life insurance, annuities and endowment policies. Contempory life insurance programs have been extended to include credit and morgage insurance, key man insurance for small businesses, long term care insurance and medical savings accounts .
More on [ Actuarial science ]
GOP discovers actuarial science and is shocked to learn that infinite healthcare for an infinite population costs real $ and HIGHER TAXES.
philosophize (lee smith) Thu, 05 Nov 2009 16:13:30 -0000
GOP discovers actuarial science and is shocked to learn that infinite healthcare for an infinite population costs real $ and HIGHER TAXES.
is actuarial science easy? is financial modeling easy? is marketing easy??? color coord dun cut it no more, data whisperers r new breeds!
mentalmarketer (mentalmarketer) Thu, 05 Nov 2009 10:10:50 -0000
is actuarial science easy? is financial modeling easy? is marketing easy??? color coord dun cut it no more, data whisperers r new breeds!
I'm slightly embarrassed to admit that I'm enjoying reading "Fundamentals Concepts of Actuarial Science". Mostly b/c it's from 1989.
nabra (Nelson) Thu, 05 Nov 2009 01:09:11 -0000
I'm slightly embarrassed to admit that I'm enjoying reading "Fundamentals Concepts of Actuarial Science". Mostly b/c it's from 1989.
Actuarial Science is not well defined to many people. It is an evolving notion involving the application of mathematics to social issues.
philosophize (lee smith) Wed, 04 Nov 2009 14:39:22 -0000
Actuarial Science is not well defined to many people. It is an evolving notion involving the application of mathematics to social issues.
Im studyin Actuarial Science!!! Hehe... Im destinied 2 be rich!!!
Finesse01 (Uzoma Onumonu) Wed, 04 Nov 2009 07:22:56 -0000
Im studyin Actuarial Science!!! Hehe... Im destinied 2 be rich!!!
RT @kakuitude :@finesse01 wat dept r u *ur embarassin me, ok Actuarial Science under Bus Admin*
Finesse01 (Uzoma Onumonu) Tue, 03 Nov 2009 20:49:31 -0000
RT @kakuitude :@finesse01 wat dept r u *ur embarassin me, ok Actuarial Science under Bus Admin*
Actuarial Foundation - Philanthropic organization, sponsoring research, education, and communication initiatives related to the actuarial profession.
Actuarial Grads Network - Information, jobs, and career advice for those considering the actuarial profession.
Meta Description: [ Actuarial Career Information for Actuarial Science Entry Level for College Students, Graduates, Internships and Graduates, Actuarial Candidates - The On-Campus/On-Line Recruiting Tool for New Actuaries, Actuarial Jobs, Actuary Interns and Internships, Actuarial Science, Actuarial Books Store, Ent... ]
Actuarial Jokes - Over 130 actuarial jokes from all over the world.
Actuarial Links for Actuaries - Resources for math, statistics and other majors. Includes chat, salary surveys, clubs, jokes, links, and study materials.
Meta Description: [ Extensive list of actuarial links. Includes actuary job links, career information, chat for actuaries, clubs, jokes, free
job postings, and free actuarial email. ]
Actuarial Membership Directory - Searchable database that includes the membership rosters of the American Academy of Actuaries, American Society of Pension Actuaries, Canadian Institute of Actuaries, Casualty Actuarial Society, Conference of Consulting Actuaries, and Society of Actuaries.
Actuarial Rebel Outpost - Discussion forums, free downloads for students, and job postings.
Meta Description: [ The Actuarial Outpost is the World's Largest Resource for Actuarial Science Discussion Forums, Actuary Jobs, Links and more, Employment, Book Store, Used Actuarial Materials and Books, Actuary Research, Tables, Pension, Property Casualty, Life, Health, Fellows, Associates, Students, Entry Level, ... ]
Actuary.com - Extensive information on the actuarial field, including tables, jobs, statistical research, and discussion forums. Covers life, health, casualty, pensions, and benefits.
Meta Description: [ Actuary Jobs - The Leading Resource Actuarial Science, Employment, Book Store, Books, Actuary Research, Tables, Actuarial Recruiters Directory - A great spot to find lots of info on Actuaries, Pension, Property Casualty, Life, Health, Fellows, Associates, Students, Entry Level, Insurance, ASA, FC... ]
Actuary.NET - Global Actuarial News Blog - International actuarial, insurance, and consulting news outlet.
Balducci's Actuarial Home Page - The University of Calgary, Department of Mathematics and Statistics, Division of Statistics and Actuarial Science.
Be An Actuary - Site from the Casualty Actuarial Society and Society of Actuaries devoted entirely to those interested in the actuarial profession. Includes information on suitability for the career, how to become an actuary, life on the job, and a searchable database of job openings.
Meta Description: [ This Site provides an overview of the actuarial profession and is used to promote the actuarial science career. Exam information, academic programs, and job hunting tips are included. The web site is sponsored by the Casualty Actuarial Society, and Society of Actuaries. ]
Contingencies - Magazine of the actuarial profession, published by the American Academy of Actuaries.
ExamFirst - Advocating life insurance industry reform, whereby applicants could be medically examined before choosing an insurance company and policy.
Meta Description: [ A life insurance actuary rates the best term life insurance quote sites
(InsWeb, InsureMarket and AccuTerm) on accuracy of quotes, selection of life
insurance companies, and broker handling of misquotes. ]
ezActuary - Providing Actuarial Conversion Factors online with flexibility to accept various annuity options for compatibility with almost every pension plan. No software or downloads to install.
Meta Description: [ Our Actuarial Conversion Tool (A.C.T.) provides actuarial
conversion factors at your convenience. The A.C.T. is a flexible tool designed to accept
multiple annuity options so it is compatible with almost every pension plan. ]
Guy Thomas - Collection of research papers by consulting actuary Guy Thomas.
Meta Description: [ Research papers by Guy Thomas, actuary ]
History of Actuarial Science - Wide-ranging assortment of actuarial history links.
Meta Description: [ Actuarial history ]
Insurance Services Office, Inc. - Supplier of statistical, actuarial, underwriting claims information for insurance company professionals, agents, and brokers.
Meta Description: [ ISO is the premier source of information about property and liability risk. ]
Life Insurance Underwriting Guide - Actuarial study of underwriting factors for eleven leading life insurance companies.
PolySystems - PolySystems' actuarial software provides for the needs of the financial reporting and analysis cycle of insurance companies, addressing regulatory reporting requirements which are built into the design.
Meta Description: [ PolySystems' actuarial software provides for the needs of the financial reporting and analysis cycle of insurance companies, addressing regulatory reporting requirements which are built into the design. ]
Ralf Lister - Personal home page of a life actuary. Includes curriculum vitae in English, Spanish, and German, and some downloadable formulas in Spanish. Visitors are invited to upload files with actuarial content.
Unofficial Indian Actuarial Science Community - Resources and guides to actuarial science for new students in India, plus discussion forums for actuarial professionals.
Meta Description: [ Indian Actuarial Science Community ]
Visible Policy - Provides an extensive analysis of an actual participating whole life insurance policy, including charts, spreadsheet, and comparisons.
Meta Description: [ Table of Contents for my Visible {Whole Life} Policy site ]
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