Earned premiums
The amount of money an insurance company receives from policyholders in exchange for coverage.
Econometric modeling
The use of statistical methods to analyze economic data and make predictions.
Economic conditions
The overall state of the economy, including factors such as inflation, unemployment, and GDP.
- Actuary: Domestic Vs International Practice (Explained)
- How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
- How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
- Actuary Vs. Underwriter: Which Career Offers Better Job Security?
- The Top Skills You Need To Succeed As An Actuary
- Actuary: Small Firm Vs. Large Corporation (Unpacked)
- What Does An Actuary Do? (9 Simple Questions Answered)
- Actuary: Private Sector Vs Government Jobs (Clarified)
- Actuary: Consulting Vs Corporate Roles (Compared)
- Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
- Actuary Vs Underwriter: Roles in Insurance (Explained)
- Actuarial Technician Vs Actuary: Roles (Decoded)
- What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
- How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
- How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)
- What Challenges Do Actuaries Face When Using Survival Models? (10 Important Questions Answered)
- Actuary: Reserving Vs Pricing Roles (Clarified)
- Actuary Vs. Project Manager: Which Career Offers Better Job Security?
Economic conditions and market volatility
The state of the economy and the degree of instability in the financial markets.
Economic indicators
Statistics that provide insight into the health of the economy.
- Actuarial Science Vs. Finance: Career Prospects (Unpacked)
- Actuary: Risk Assessment Vs. Risk Management (Clarified)
- How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
- How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
- What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
- How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
- How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
- What Does An Actuary Do? (9 Simple Questions Answered)
Economic trends
The general direction of the economy over a period of time.
- What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
- How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
- Actuary: Domestic Vs International Practice (Explained)
- How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
- 5 Surprising Ways Actuaries Use Statistics In Their Jobs
- What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
- What Does An Actuary Do? (9 Simple Questions Answered)
Education
The formal training and education required to become an actuary.
- Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
- Actuary Vs. Teacher: Which Career Offers More Fulfillment?
- Actuary Vs. Account Manager: Which Career Is More Rewarding?
- Actuary Vs. Management Consultant: Which Career Is More Prestigious?
- Actuary Vs. Underwriter: Which Career Offers Better Job Security?
- Actuary Vs. Statistician: Which Career Offers Better Job Stability?
- Actuary Vs. Auditor: Which Career Offers More Growth Opportunities?
- Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
- Actuary Vs. Economist: Which Career Offers Better Compensation?
- Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
- How To Transition From Accounting To Actuary
- Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
- Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
- Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
- How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
- SOA Vs. CAS: Actuarial Certifications (Decoded)
- How Much Do Actuaries Make? (9 Simple Questions Answered)
- 5 Surprising Benefits Of Being An Actuary
- Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
- Actuary Vs. Business Analyst: Which Career Is More Lucrative?
- What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
- Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
- Actuary Vs Underwriter: Roles in Insurance (Explained)
- Actuarial Science Vs Statistics: Degree Choices (Defined)
- Actuary: Catastrophe Modeling Vs. Traditional (Compared)
- Actuarial Science Vs. Finance: Career Prospects (Unpacked)
- How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
- How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)
- Actuary Vs. Accountant: Which Career Path Should You Choose?
- Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
- Risk Management Vs. Actuarial: Career Paths (Defined)
- How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
- The Top 10 Companies Hiring Actuaries In 2023
- The Top Actuarial Certifications You Need To Boost Your Career
- What Fees Are Associated with Gaining an Actuarial Certification? (10 Important Questions Answered)
- How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
- What Are the Risks Associated with Retirement Plans? (10 Important Questions Answered)
- What Steps Should I Take to Become a Fellow of the Actuarial Profession? (10 Important Questions Answered)
- How Can I Become a Financial Engineer? (10 Important Questions Answered)
- Actuary Vs. Data Scientist: Which One Pays More?
- Actuarial Science Vs Mathematics: Degree Value (Defined)
- Actuary Vs Statistician: Job Differences (Clarified)
- Actuary: In-House Vs Consulting Firm (Clarified)
- The Ultimate Guide To Passing Actuarial Exams On The First Try
- Actuary Vs. Project Manager: Which Career Offers Better Job Security?
- Actuary: Part-Time Vs Full-Time Roles (Compared)
- Actuary: Small Firm Vs. Large Corporation (Unpacked)
- How To Negotiate Your Salary As An Actuary
- What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)
Education and experience requirements
The necessary qualifications and skills needed to become an actuary.
Employee count and turnover rate
The number of employees in a company and the rate at which they leave and are replaced.
Employee perks
Benefits or incentives offered to employees in addition to their salary or wages.
Employee retention
The ability of a company to keep its employees for a long period of time.
Employee retention and turnover rates
The measurement of how many employees leave and stay within a company over a certain period of time.
Employee Retirement Income Security Act (ERISA)
A federal law that sets standards for pension and retirement plans offered by employers.
Employer-sponsored health insurance plans
Health insurance plans provided by an employer to its employees.
Employment arrangement
The terms and conditions of a person’s employment.
Employment contract terms
The specific conditions and obligations outlined in an employment agreement.
Employment opportunities
- Actuarial Science Vs Mathematics: Degree Value (Defined)
- Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
- Actuary Vs. Underwriter: Which Career Offers Better Job Security?
- Actuary: Consulting Vs Corporate Roles (Compared)
- Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
- Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
- Actuary Vs Statistician: Job Differences (Clarified)
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- How To Navigate The Actuarial Exam Process As An International Student
- The Pros And Cons Of Pursuing An Actuarial Career
Ensemble methods
A machine learning technique that combines multiple models to improve accuracy and robustness.
Enterprise Risk Management (ERM)
A process for identifying, assessing, and managing risks across an organization.
- Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
- Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
- How Long Does It Take to Complete an Actuarial Exam? (10 Important Questions Answered)
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- Actuary: Risk Assessment Vs. Risk Management (Clarified)
- Actuary Vs. Management Consultant: Which Career Is More Prestigious?
- How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
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Entrepreneurship
The process of starting and running a new business venture.
- Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
- How To Stand Out As An Actuary In A Competitive Job Market
Equity securities
Stocks or other securities that represent ownership in a company.
- Actuary: Insurance Vs Financial Services (Explained)
- What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)
Estate Taxes
Taxes imposed on the transfer of property after death.
Ethical conduct
Behavior that aligns with ethical principles and values.
Ethical implications
The potential ethical consequences of a decision or action.
- Actuary: Small Firm Vs. Large Corporation (Unpacked)
- How Do Ethical Principles Impact an Actuary’s Professional Practices? (10 Important Questions Answered)
Ethics training
Education on ethical principles and practices.
- SOA Vs. CAS: Actuarial Certifications (Decoded)
- How Do I Obtain Professional Designations as an Actuary? (10 Important Questions Answered)
- How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
Event frequency
Event simulation
Exam
A test or evaluation of knowledge or skills.
- How To Navigate The Actuarial Exam Process As An International Student
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- What Are the Best Practices for Solving Problems on the Actuarial Exams? (10 Important Questions Answered)
- Actuarial Technician Vs Actuary: Roles (Decoded)
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- What Strategies Should I Use to Memorize Exam Content? (8 Most Common Questions Answered)
- How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
- How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
- How Do I Obtain Professional Designations as an Actuary? (10 Important Questions Answered)
- What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)
- Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
- The Top Actuarial Certifications You Need To Boost Your Career
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- What Resources Are Available to Help Me Improve My Mathematical Skills for Becoming an Actuary? (10 Important Questions Answered)
- What Steps Should I Take to Become a Fellow of the Actuarial Profession? (10 Important Questions Answered)
- Actuary Vs Statistician: Job Differences (Clarified)
- Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
- How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
- Actuary Vs. Business Analyst: Which Career Is More Lucrative?
- Actuary Vs. Management Consultant: Which Career Is More Prestigious?
- Actuary Vs. Account Manager: Which Career Is More Rewarding?
- Actuary Vs. Accountant: Which Career Path Should You Choose?
- The Pros And Cons Of Pursuing An Actuarial Career
- 5 Surprising Benefits Of Being An Actuary
- What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
- Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
- Actuarial Science Vs Mathematics: Degree Value (Defined)
- What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
- Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
- Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
- Actuary Vs. Project Manager: Which Career Offers Better Job Security?
- 5 Surprising Ways Actuaries Use Statistics In Their Jobs
- Actuary Vs. Underwriter: Which Career Offers Better Job Security?
- Actuary: Domestic Vs International Practice (Explained)
- Actuary Vs. Economist: Which Career Offers Better Compensation?
- Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
- Actuary Vs. Statistician: Which Career Offers Better Job Stability?
- How To Transition From Accounting To Actuary
- How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
- How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)
- Actuary Vs. Teacher: Which Career Offers More Fulfillment?
- Actuary Vs. Auditor: Which Career Offers More Growth Opportunities?
- Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
- Actuary: Consulting Vs Corporate Roles (Compared)
- How Much Do Actuaries Make? (9 Simple Questions Answered)
- Actuary: In-House Vs Consulting Firm (Clarified)
- The Top 10 Companies Hiring Actuaries In 2023
- Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
- How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
- Actuary Vs Underwriter: Roles in Insurance (Explained)
- Actuary Vs. Investment Banker: Which One Offers A Better Work-Life Balance?
- Actuary Vs. Data Scientist: Which One Pays More?
- Actuary Vs Data Analyst: Similarities and Differences (Clarified)
- Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
- Actuary: Private Sector Vs Government Jobs (Clarified)
- Actuary: Insurance Vs Financial Services (Explained)
- Actuarial Science Vs. Finance: Career Prospects (Unpacked)
- How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
- Health Vs Life: Actuarial Specialties (Decoded)
- How Flexible Is Scheduling for Senior-Level Actuaries? (9 Simple Questions Answered)
Examination
A test or evaluation of knowledge or skills.
- What Fees Are Associated with Gaining an Actuarial Certification? (10 Important Questions Answered)
- How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
- How Long Does It Take to Complete an Actuarial Exam? (10 Important Questions Answered)
- How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
- Actuary: Domestic Vs International Practice (Explained)
- What Steps Should I Take to Become a Fellow of the Actuarial Profession? (10 Important Questions Answered)
- What Strategies Should I Use to Memorize Exam Content? (8 Most Common Questions Answered)
Excess of loss reinsurance
A type of reinsurance that covers losses above a certain threshold.
Exclusions
Specific situations or conditions that are not covered by an insurance policy.
- Health Vs Life: Actuarial Specialties (Decoded)
- How Much Relocation Assistance is Offered with a Senior-Level Actuarial Compensation Package? (6 Common Questions Answered)
- Property Vs. Casualty: Actuarial Fields (Compared)
Exclusions and limitations in policies
Specific situations or conditions that are not covered by an insurance policy.
Exclusive remedy rule
The principle that workers’ compensation benefits are the sole remedy for workplace injuries.
Expected shortfall (ES)
The expected loss beyond a certain threshold, given a probability distribution.
Expected value
The weighted average of all possible outcomes, based on their probabilities.
- Risk Management Vs. Actuarial: Career Paths (Defined)
- How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
Expense management
The process of controlling and reducing expenses within an organization.
Expense ratio
The percentage of assets deducted annually to cover fund expenses.
- Actuary: Auto Insurance Vs Health Insurance (Explained)
- Actuary Vs Underwriter: Roles in Insurance (Explained)
- Life Vs Non-Life: Actuarial Practice (Compared)
- Actuary: Personal Lines Vs Commercial Lines (Unpacked)
Experience
The knowledge and skills gained through practical work or involvement in a particular field.
- How To Land An Actuary Job With No Experience
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- How Can I Make Connections That Will Help My Fellowship Application? (10 Important Questions Answered)
- Actuary Vs. Economist: Which Career Offers Better Compensation?
- Actuary Vs. Auditor: Which Career Offers More Growth Opportunities?
- Actuary: In-House Vs Consulting Firm (Clarified)
- 5 Surprising Benefits Of Being An Actuary
- How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
- How To Transition From Accounting To Actuary
- How Do I Obtain Professional Designations as an Actuary? (10 Important Questions Answered)
- 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
- The Top 10 Companies Hiring Actuaries In 2023
- How Can I Become a Financial Engineer? (10 Important Questions Answered)
- The Pros And Cons Of Pursuing An Actuarial Career
- How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)
- Actuary Vs. Statistician: Which Career Offers Better Job Stability?
- How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
- How To Stand Out As An Actuary In A Competitive Job Market
- How To Navigate The Actuarial Exam Process As An International Student
- How Can Actuaries Maximize Their Networking Potential? (6 Common Questions Answered)
- Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
- The Top Skills You Need To Succeed As An Actuary
- Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
- Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
- How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
- How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
- Actuary: Private Sector Vs Government Jobs (Clarified)
- Actuary: Full-Time Vs Contract Work (Explained)
- Actuarial Technician Vs Actuary: Roles (Decoded)
- Actuary Vs. Account Manager: Which Career Is More Rewarding?
- Property Vs. Casualty: Actuarial Fields (Compared)
- SOA Vs. CAS: Actuarial Certifications (Decoded)
- The Ultimate Guide To Passing Actuarial Exams On The First Try
- What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
- Actuary Vs. Teacher: Which Career Offers More Fulfillment?
- How Flexible Is Scheduling for Senior-Level Actuaries? (9 Simple Questions Answered)
- Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
- Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
- Actuary Vs. Project Manager: Which Career Offers Better Job Security?
- 5 Tips For Networking As An Aspiring Actuary
- Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
- Actuary Vs. Business Analyst: Which Career Is More Lucrative?
- What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
- 5 Surprising Ways Actuaries Use Statistics In Their Jobs
- Actuarial Science Vs. Finance: Career Prospects (Unpacked)
- What Skills Are Needed for an Actuarial Internship? (10 Important Questions Answered)
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- What Fees Are Associated with Gaining an Actuarial Certification? (10 Important Questions Answered)
- Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
- Actuary: Reserving Vs Pricing Roles (Clarified)
- Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
- Actuary: Small Firm Vs. Large Corporation (Unpacked)
- What Resources Are Available to Help Me Pass Qualifying Exams for Fellowship in the Actuarial Profession? (10 Important Questions Answered)
- Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
- Actuary Vs. Investment Banker: Which One Offers A Better Work-Life Balance?
- What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)
- What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
- Actuary: Consulting Vs Corporate Roles (Compared)
- The Top Actuarial Certifications You Need To Boost Your Career
- How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
- Actuarial Science Vs Mathematics: Degree Value (Defined)
- Risk Management Vs. Actuarial: Career Paths (Defined)
- How Can Actuaries Improve Their Negotiating Skills? (9 Simple Questions Answered)
- How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
- Actuary: Insurance Vs Financial Services (Explained)
- Actuary: Personal Lines Vs Commercial Lines (Unpacked)
- Actuary: Reinsurance Vs Direct Insurance (Explained)
- What Resources Are Available to Help Me Improve My Mathematical Skills for Becoming an Actuary? (10 Important Questions Answered)
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- How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
- How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
- How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
- What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
- How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
- Actuary: Domestic Vs International Practice (Explained)
- What Resources are Available Through Actuarial Alumni Associations? (10 Important Questions Answered)
Exploratory data analysis (EDA)
The process of analyzing data to identify patterns and relationships.
- Actuary: Consulting Vs Corporate Roles (Compared)
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- Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
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- Actuary Vs. Economist: Which Career Offers Better Compensation?
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- Actuary: Reserving Vs Pricing Roles (Clarified)
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Exposure analysis
The process of analyzing the level of risk exposure in an insurance policy.
- Property Vs. Casualty: Actuarial Fields (Compared)
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Exposure data
Exposure rating
The process of determining the premium for an insurance policy based on the level of risk exposure.
Exposure units
The units used to measure the amount of risk exposure in an insurance policy.
Extreme value theory
A branch of statistics that deals with the analysis of extreme events.
- Actuary: Risk Assessment Vs. Risk Management (Clarified)
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