Glossary H

Hazard mapping

The process of identifying and mapping potential hazards in a given area.

1. Property Vs. Casualty: Actuarial Fields (Compared)

Health and lifestyle factors

Personal habits and behaviors that impact overall health.

1. Life Vs Non-Life: Actuarial Practice (Compared)

Healthcare Consulting

Professional advice and guidance on healthcare-related issues.

1. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)

Health care costs

The expenses associated with healthcare services and products.

1. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
2. Health Vs Life: Actuarial Specialties (Decoded)
3. Actuary: Auto Insurance Vs Health Insurance (Explained)

Healthcare insurance

Coverage for medical expenses.

1. Actuarial Technician Vs Actuary: Roles (Decoded)

Healthcare reform laws

Legislation aimed at improving the healthcare system.

1. Health Vs Life: Actuarial Specialties (Decoded)

Healthcare subsidies

Financial assistance provided to help individuals pay for healthcare.

1. Health Vs Life: Actuarial Specialties (Decoded)

Health care systems

The organizations and institutions involved in providing healthcare services.

1. Actuary: Private Sector Vs Government Jobs (Clarified)

Health insurance

Coverage for medical expenses.

1. Health Vs Life: Actuarial Specialties (Decoded)
2. Actuary: Auto Insurance Vs Health Insurance (Explained)
3. SOA Vs. CAS: Actuarial Certifications (Decoded)
4. Actuary: Full-Time Vs Contract Work (Explained)
5. What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
6. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
7. Actuary: Part-Time Vs Full-Time Roles (Compared)
8. The Pros And Cons Of Pursuing An Actuarial Career
9. Risk Management Vs. Actuarial: Career Paths (Defined)
10. How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
11. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
12. Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
13. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
14. Actuary: Predictive Modeling Vs Traditional (Unpacked)
15. Actuary: Domestic Vs International Practice (Explained)
16. Actuary: Consulting Vs Corporate Roles (Compared)
17. Actuary Vs. Teacher: Which Career Offers More Fulfillment?
18. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Health insurance coverage

The extent to which medical expenses are covered by insurance.

1. Actuary: Part-Time Vs Full-Time Roles (Compared)
2. How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
3. Actuary: In-House Vs Consulting Firm (Clarified)
4. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)

Health maintenance organizations (HMOs)

Managed healthcare plans that provide medical services for a fixed fee.

1. Actuary: Auto Insurance Vs Health Insurance (Explained)

Health savings accounts (HSAs)

Tax-advantaged savings accounts used to pay for healthcare expenses.

1. Health Vs Life: Actuarial Specialties (Decoded)
2. What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
3. Actuary: Auto Insurance Vs Health Insurance (Explained)

Health status

An individual’s overall physical and mental health.

1. Actuary Vs Underwriter: Roles in Insurance (Explained)
2. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
3. Actuary: Auto Insurance Vs Health Insurance (Explained)
4. Health Vs Life: Actuarial Specialties (Decoded)

Hedging

The act of reducing financial risk.

1. Risk Management Vs. Actuarial: Career Paths (Defined)
2. Actuarial Science Vs Mathematics: Degree Value (Defined)
3. Actuary: Risk Assessment Vs. Risk Management (Clarified)
4. How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
5. Pension Vs. Investment: Actuarial Focus (Defined)
6. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
7. What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)

Hedging strategies

Methods used to minimize financial risk.

1. Actuarial Science Vs Statistics: Degree Choices (Defined)
2. How Can I Become a Financial Engineer? (10 Important Questions Answered)
3. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
4. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
5. Actuary: Risk Assessment Vs. Risk Management (Clarified)
6. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
7. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
8. How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
9. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
10. What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)

Hedging Techniques

Strategies used to reduce financial risk.

1. Actuarial Science Vs Mathematics: Degree Value (Defined)

Historical claims experience

Analysis of past insurance claims to predict future claims.

1. Actuary: Reserving Vs Pricing Roles (Clarified)

Historical data

1. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
2. Actuary Vs Underwriter: Roles in Insurance (Explained)
3. Actuary: Predictive Modeling Vs Traditional (Unpacked)
4. Actuary: Risk Assessment Vs. Risk Management (Clarified)
5. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
6. Actuary Vs Statistician: Job Differences (Clarified)
7. Actuarial Science Vs Statistics: Degree Choices (Defined)
8. Actuary: Reserving Vs Pricing Roles (Clarified)
9. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
10. Risk Management Vs. Actuarial: Career Paths (Defined)
11. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
12. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
13. How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
14. How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
15. Life Vs Non-Life: Actuarial Practice (Compared)
16. Property Vs. Casualty: Actuarial Fields (Compared)
17. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
18. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
19. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
20. 5 Surprising Benefits Of Being An Actuary
21. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
22. Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
23. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
24. Actuary: Reinsurance Vs Direct Insurance (Explained)
25. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
26. Actuary: Domestic Vs International Practice (Explained)
27. Actuary: Consulting Vs Corporate Roles (Compared)
28. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
29. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
30. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
31. What Does An Actuary Do? (9 Simple Questions Answered)

Historical data analysis

1. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
2. Actuary Vs Underwriter: Roles in Insurance (Explained)

Hypothesis testing

Statistical analysis used to determine the likelihood of a hypothesis being true.

1. Actuarial Science Vs Mathematics: Degree Value (Defined)
2. Actuary Vs Statistician: Job Differences (Clarified)
3. Actuary: Consulting Vs Corporate Roles (Compared)
4. Actuary: Predictive Modeling Vs Traditional (Unpacked)
5. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
6. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
7. Actuarial Science Vs Statistics: Degree Choices (Defined)
8. Actuary Vs. Management Consultant: Which Career Is More Prestigious?