Skip to content

Glossary P

Pain and suffering

Physical and emotional distress caused by an injury or accident, often used in legal cases to determine compensation.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Part-time role

A job that requires less than full-time hours, typically with reduced benefits and pay.

  1. Actuary: Part-Time Vs Full-Time Roles (Compared)

Part-time work

Employment that involves working fewer hours than a full-time position.

  1. Actuary: Part-Time Vs Full-Time Roles (Compared)

Passive portfolio management

Investment strategy that involves minimal buying and selling of assets.

  1. Actuarial Science Vs. Finance: Career Prospects (Unpacked)

Pattern recognition

The ability to identify patterns in data.

  1. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  2. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
  3. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  4. How Can Analytical Problem-Solving Help with Mathematical Calculations? (10 Important Questions Answered)

Payback period

The time it takes to recoup an investment.

  1. Actuary: Predictive Modeling Vs Traditional (Unpacked)

Payment frequency options

The frequency at which employees receive their pay.

  1. Pension Vs. Investment: Actuarial Focus (Defined)

Peer-reviewed journals

Academic publications that undergo rigorous review by experts in the field.

  1. SOA Vs. CAS: Actuarial Certifications (Decoded)

Pension accounting standards

Guidelines for accounting for pension plans.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Pension Benefit Guaranty Corporation (PBGC)

A US government agency that insures pension plans.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Pension fund governance

The oversight and management of a pension fund.

  1. Pension Vs. Investment: Actuarial Focus (Defined)

Pension funding status

The financial health of a pension plan.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Pension Fund Management

The management of investments in a pension fund.

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

Pension funds

Investment funds used to finance pension plans.

  1. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  2. Health Vs Life: Actuarial Specialties (Decoded)
  3. 5 Common Misconceptions About The Actuarial Profession
  4. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  5. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  6. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  7. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  8. Actuary Vs. Underwriter: Which Career Offers Better Job Security?
  9. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  10. Pension Vs. Investment: Actuarial Focus (Defined)
  11. The Pros And Cons Of Pursuing An Actuarial Career

Pension plan design

The creation of a retirement benefit plan.

  1. What Does An Actuary Do? (9 Simple Questions Answered)
  2. Actuary: Private Sector Vs Government Jobs (Clarified)

Pension plan design and administration

The creation and management of a pension plan.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Pension plan design and funding

The creation and financing of a pension plan.

  1. SOA Vs. CAS: Actuarial Certifications (Decoded)
  2. Pension Vs. Investment: Actuarial Focus (Defined)
  3. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)

Pension plan management

The administration and oversight of a pension plan.

  1. Actuary: Domestic Vs International Practice (Explained)

Pension Plans

Retirement benefit plans that provide income to employees after they retire.

  1. Actuarial Technician Vs Actuary: Roles (Decoded)
  2. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  3. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Pension plan termination

The process of ending a pension plan.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)

Performance-based bonuses

Financial incentives given to employees based on their job performance.

  1. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  2. Actuary: In-House Vs Consulting Firm (Clarified)
  3. Actuary Vs. Business Analyst: Which Career Is More Lucrative?

Performance evaluation

The process of assessing an individual’s job performance.

  1. Actuary: Full-Time Vs Contract Work (Explained)
  2. Actuary: Private Sector Vs Government Jobs (Clarified)
  3. Actuary: In-House Vs Consulting Firm (Clarified)
  4. Actuary Vs. Teacher: Which Career Offers More Fulfillment?
  5. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  6. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  7. Actuary: Small Firm Vs. Large Corporation (Unpacked)
  8. How Can I Become a Financial Engineer? (10 Important Questions Answered)
  9. How To Negotiate Your Salary As An Actuary
  10. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)

Performance evaluations and feedback sessions

Meetings between employees and supervisors to discuss job performance and provide feedback.

  1. Actuary: In-House Vs Consulting Firm (Clarified)

Performance metrics and evaluations

Tools used to measure and assess an individual’s job performance.

  1. Actuary: In-House Vs Consulting Firm (Clarified)

Permanent disabilities

Long-term physical or mental impairments that affect an individual’s ability to perform daily activities.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Permanent Life Insurance

A type of life insurance that provides coverage for the entire lifetime of the insured person.

  1. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)

Personal Injury

Physical or emotional harm caused to a person by another person’s negligence or intentional actions.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Personal injury cases

Legal cases in which one person sues another for damages resulting from an injury.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Personal liability coverage

Insurance coverage that protects individuals from financial loss due to legal claims against them.

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

Personal Lines

Insurance policies that cover personal property and liability.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Poisson distribution

A statistical distribution used to model the probability of rare events occurring.

  1. Actuarial Science Vs Mathematics: Degree Value (Defined)
  2. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)

Policy coverage limits

The maximum amount an insurance policy will pay out for all claims during a specific period.

  1. Actuary Vs Underwriter: Roles in Insurance (Explained)

Policy development

The process of creating new insurance policies or modifying existing ones.

  1. Actuary: Small Firm Vs. Large Corporation (Unpacked)
  2. Actuary Vs Underwriter: Roles in Insurance (Explained)

Policyholder

A person or entity that holds an insurance policy.

  1. Actuary: Reinsurance Vs Direct Insurance (Explained)
  2. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
  3. Actuary: Auto Insurance Vs Health Insurance (Explained)
  4. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  5. Property Vs. Casualty: Actuarial Fields (Compared)
  6. Life Vs Non-Life: Actuarial Practice (Compared)
  7. Actuary Vs Underwriter: Roles in Insurance (Explained)
  8. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  9. Risk Management Vs. Actuarial: Career Paths (Defined)
  10. Health Vs Life: Actuarial Specialties (Decoded)
  11. Actuary: Workers Compensation Vs Personal Injury (Defined)
  12. SOA Vs. CAS: Actuarial Certifications (Decoded)
  13. Actuary: Consulting Vs Corporate Roles (Compared)
  14. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  15. Actuary: Small Firm Vs. Large Corporation (Unpacked)
  16. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  17. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  18. The Pros And Cons Of Pursuing An Actuarial Career
  19. Actuary: Insurance Vs Financial Services (Explained)
  20. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
  21. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  22. The Top 10 Companies Hiring Actuaries In 2023

Policyholder behavior

The actions and decisions of policyholders in relation to their insurance policies.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  2. Actuary: Auto Insurance Vs Health Insurance (Explained)
  3. Actuary: Insurance Vs Financial Services (Explained)
  4. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  5. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  6. Life Vs Non-Life: Actuarial Practice (Compared)
  7. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  8. What Challenges Do Actuaries Face When Using Survival Models? (10 Important Questions Answered)

Policyholder behavior modeling

The use of statistical models to predict how policyholders will behave in certain situations.

  1. Actuary: Auto Insurance Vs Health Insurance (Explained)
  2. Actuary: Predictive Modeling Vs Traditional (Unpacked)

Policyholder benefits

The financial compensation or other advantages provided to policyholders by an insurance company.

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

Policyholder classification

The process of categorizing policyholders based on factors such as age, gender, and health status.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Policyholder Protection

The measures taken by an insurance company to ensure that policyholders are treated fairly and receive the benefits they are entitled to.

  1. Actuary: Reinsurance Vs Direct Insurance (Explained)

Policyholder surplus

The amount of money an insurance company has left after paying all claims and expenses.

  1. Actuary: Auto Insurance Vs Health Insurance (Explained)
  2. Actuary: Reinsurance Vs Direct Insurance (Explained)

Policy issuance

The process of creating and issuing an insurance policy.

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

Policy limits

The maximum amount an insurance policy will pay out for a particular type of claim.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)
  2. Actuary: Auto Insurance Vs Health Insurance (Explained)
  3. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  4. Health Vs Life: Actuarial Specialties (Decoded)

Policy pricing

The process of determining the cost of an insurance policy.

  1. Actuary Vs Underwriter: Roles in Insurance (Explained)
  2. Actuary: Insurance Vs Financial Services (Explained)

Policy wording and coverage limits

  1. Actuary: Catastrophe Modeling Vs. Traditional (Compared)

Political stability

The absence of political turmoil or unrest in a country or region.

  1. Actuary: Domestic Vs International Practice (Explained)
  2. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)

Population aging

The increase in the proportion of older people in a population.

  1. Health Vs Life: Actuarial Specialties (Decoded)

Portfolio diversification

The practice of investing in a variety of assets to reduce risk.

  1. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
  2. Pension Vs. Investment: Actuarial Focus (Defined)
  3. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  4. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  5. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  6. How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
  7. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
  8. What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)

Portfolio diversification approach

A strategy of investing in a variety of assets to reduce risk.

  1. Pension Vs. Investment: Actuarial Focus (Defined)

Portfolio management

  1. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  2. Actuary: Domestic Vs International Practice (Explained)
  3. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
  4. Life Vs Non-Life: Actuarial Practice (Compared)

Portfolio monitoring

Portfolio monitoring – The ongoing process of tracking the performance of a portfolio and making adjustments as needed.

  1. Actuarial Science Vs. Finance: Career Prospects (Unpacked)

Portfolio optimization

Portfolio optimization – The process of maximizing the return on investment for a portfolio while minimizing risk.

  1. How Can I Become a Financial Engineer? (10 Important Questions Answered)
  2. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  3. Actuarial Science Vs Statistics: Degree Choices (Defined)
  4. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  5. SOA Vs. CAS: Actuarial Certifications (Decoded)
  6. Risk Management Vs. Actuarial: Career Paths (Defined)
  7. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
  8. Actuary: Reinsurance Vs Direct Insurance (Explained)
  9. Life Vs Non-Life: Actuarial Practice (Compared)
  10. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  11. How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
  12. Actuary: Insurance Vs Financial Services (Explained)
  13. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  14. What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)
  15. Actuarial Science Vs Mathematics: Degree Value (Defined)
  16. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  17. Actuary: Risk Assessment Vs. Risk Management (Clarified)
  18. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
  19. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  20. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
  21. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
  22. How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
  23. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  24. What Skills Are Needed for an Actuarial Internship? (10 Important Questions Answered)
  25. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  26. How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
  27. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)

Portfolio rebalancing

Portfolio rebalancing – The process of adjusting the allocation of assets in a portfolio to maintain a desired risk level.

  1. Actuary: Insurance Vs Financial Services (Explained)
  2. How Can Actuaries Utilize Investment Principles to Maximize Earnings? (9 Simple Questions Answered)
  3. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  4. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  5. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  6. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)

Possible need for specialized insurance coverage, such as liability insurance, when working independently

Possible need for specialized insurance coverage, such as liability insurance, when working independently – The need for additional insurance coverage when working as an independent contractor.

  1. Actuary: Full-Time Vs Contract Work (Explained)

Potential difficulty in finding new clients or contracts after completing current ones

Potential difficulty in finding new clients or contracts after completing current ones – The challenge of finding new business opportunities after completing current projects.

  1. Actuary: Full-Time Vs Contract Work (Explained)

Potential isolation from colleagues and industry updates

Potential isolation from colleagues and industry updates – The risk of being disconnected from industry trends and colleagues when working remotely.

  1. Actuary: Full-Time Vs Contract Work (Explained)

Predictive analytics

Predictive analytics – The use of statistical techniques to analyze data and make predictions about future outcomes.

  1. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  2. Actuary Vs Statistician: Job Differences (Clarified)
  3. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
  4. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  5. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  6. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  7. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  8. Risk Management Vs. Actuarial: Career Paths (Defined)
  9. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  10. Actuarial Science Vs Statistics: Degree Choices (Defined)
  11. Actuarial Technician Vs Actuary: Roles (Decoded)
  12. Actuary: Consulting Vs Corporate Roles (Compared)
  13. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
  14. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
  15. Product Development Vs Pricing: Actuarial Roles (Compared)
  16. What Does An Actuary Do? (9 Simple Questions Answered)
  17. Actuarial Science Vs Mathematics: Degree Value (Defined)
  18. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  19. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  20. What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)
  21. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  22. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
  23. What Challenges Do Actuaries Face When Using Survival Models? (10 Important Questions Answered)
  24. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  25. How Can I Use Mathematical Models to Become an Actuary? (10 Important Questions Answered)
  26. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
  27. How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
  28. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  29. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  30. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  31. Actuary: Reserving Vs Pricing Roles (Clarified)
  32. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  33. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
  34. How Flexible Is Scheduling for Senior-Level Actuaries? (9 Simple Questions Answered)

Predictive analytics expertise

Predictive analytics expertise – The knowledge and skills required to use predictive analytics techniques effectively.

  1. Actuary Vs Data Analyst: Similarities and Differences (Clarified)

Predictive maintenance

Predictive maintenance – The use of data analysis to predict when maintenance is needed on equipment.

  1. Actuarial Science Vs Statistics: Degree Choices (Defined)

Predictive modeling

Predictive modeling – The use of statistical models to predict future outcomes.

  1. Actuarial Science Vs Statistics: Degree Choices (Defined)
  2. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  3. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  4. 5 Surprising Benefits Of Being An Actuary
  5. Actuarial Science Vs Mathematics: Degree Value (Defined)
  6. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  7. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  8. Life Vs Non-Life: Actuarial Practice (Compared)
  9. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  10. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
  11. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  12. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  13. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  14. Health Vs Life: Actuarial Specialties (Decoded)
  15. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
  16. How Can Analytical Problem-Solving Help with Mathematical Calculations? (10 Important Questions Answered)
  17. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  18. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  19. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  20. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  21. Actuarial Technician Vs Actuary: Roles (Decoded)
  22. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  23. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)

Predictive Modeling for Marketing and Sales

Predictive Modeling for Marketing and Sales – The use of statistical models to predict consumer behavior and inform marketing and sales strategies.

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

Pre-existing conditions

Pre-existing conditions – Medical conditions that existed before the policy was purchased.

  1. Actuary: Auto Insurance Vs Health Insurance (Explained)
  2. Health Vs Life: Actuarial Specialties (Decoded)
  3. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
  4. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  5. Actuary: Workers Compensation Vs Personal Injury (Defined)

Preferred provider organizations (PPOs)

Preferred provider organizations (PPOs) – A type of health insurance plan that allows policyholders to choose from a network of healthcare providers.

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

Premium Calculation

Premium Calculation – The process of determining the premium price for an insurance policy.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  2. Health Vs Life: Actuarial Specialties (Decoded)

Premium calculation factors

Premium calculation factors – The variables used to determine the premium price for an insurance policy.

  1. Actuary: Workers Compensation Vs Personal Injury (Defined)

Premium calculation method

Premium calculation method – The method used to calculate the premium for an insurance policy.

  1. Actuary Vs Underwriter: Roles in Insurance (Explained)

Premium financing

Premium financing – The practice of borrowing money to pay for insurance premiums.

  1. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)

Premium Pricing

Premium Pricing – The process of setting the price for an insurance policy.

  1. Actuarial Science Vs Mathematics: Degree Value (Defined)
  2. Actuary: Auto Insurance Vs Health Insurance (Explained)
  3. Property Vs. Casualty: Actuarial Fields (Compared)

Premium Pricing Models

Premium Pricing Models – Mathematical models used to determine the appropriate premium price for an insurance policy.

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

Premium pricing strategies

Premium pricing strategies – The methods used by insurers to set premium prices for their policies.

  1. Actuary: Insurance Vs Financial Services (Explained)
  2. Actuarial Science Vs Statistics: Degree Choices (Defined)
  3. Actuary Vs Statistician: Job Differences (Clarified)

Premium rate determination

Premium rate determination – The process of calculating the premium rate for a particular insurance policy.

  1. Actuary: Reserving Vs Pricing Roles (Clarified)

Premium rates

Premium rates – The amount of money charged by an insurer for coverage of a specific risk.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  2. Actuary: Reserving Vs Pricing Roles (Clarified)
  3. Actuary: Auto Insurance Vs Health Insurance (Explained)
  4. Actuary: Insurance Vs Financial Services (Explained)
  5. Actuary Vs Underwriter: Roles in Insurance (Explained)
  6. How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
  7. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  8. What Does An Actuary Do? (9 Simple Questions Answered)

Premiums

The amount of money paid by customers to an insurance company for coverage.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  2. Actuary: Auto Insurance Vs Health Insurance (Explained)
  3. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)
  4. Actuary: Reinsurance Vs Direct Insurance (Explained)
  5. Actuary Vs Underwriter: Roles in Insurance (Explained)
  6. Actuary: Workers Compensation Vs Personal Injury (Defined)
  7. Health Vs Life: Actuarial Specialties (Decoded)
  8. Life Vs Non-Life: Actuarial Practice (Compared)
  9. Property Vs. Casualty: Actuarial Fields (Compared)
  10. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  11. Risk Management Vs. Actuarial: Career Paths (Defined)
  12. Actuary: Insurance Vs Financial Services (Explained)
  13. Actuary: Reserving Vs Pricing Roles (Clarified)
  14. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  15. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  16. Actuary: Consulting Vs Corporate Roles (Compared)
  17. Actuary: Small Firm Vs. Large Corporation (Unpacked)
  18. Actuarial Science Vs Mathematics: Degree Value (Defined)
  19. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  20. How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
  21. Actuary Vs. Statistician: Which Career Offers Better Job Stability?
  22. What Does An Actuary Do? (9 Simple Questions Answered)
  23. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  24. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  25. Actuarial Technician Vs Actuary: Roles (Decoded)
  26. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  27. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
  28. Product Development Vs Pricing: Actuarial Roles (Compared)
  29. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
  30. How Can Investment Analysis Assist an Actuary? (9 Simple Questions Answered)
  31. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  32. 5 Common Misconceptions About The Actuarial Profession
  33. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  34. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  35. Actuary Vs Statistician: Job Differences (Clarified)
  36. Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
  37. Actuary Vs. Data Scientist: Which One Pays More?
  38. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  39. Actuary Vs. Account Manager: Which Career Is More Rewarding?
  40. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  41. Actuary: Domestic Vs International Practice (Explained)
  42. Actuarial Science Vs Statistics: Degree Choices (Defined)
  43. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  44. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  45. How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
  46. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Premiums Calculation

The process of calculating the amount of premiums to be charged for insurance coverage.

  1. Actuary: Reinsurance Vs Direct Insurance (Explained)

Premiums written

The total amount of premiums collected by an insurance company.

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

Prescription drug coverage

The type of insurance coverage that covers the cost of prescription drugs.

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

Previous insurance coverage and claims experience

The history of a customer’s insurance coverage and claims.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Price optimization techniques

The methods used to optimize the price of insurance products.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Pricing

The process of determining the price of insurance products.

  1. Product Development Vs Pricing: Actuarial Roles (Compared)
  2. Actuary: Reserving Vs Pricing Roles (Clarified)
  3. How Can I Become a Financial Engineer? (10 Important Questions Answered)
  4. Actuary Vs Underwriter: Roles in Insurance (Explained)
  5. Actuary: Auto Insurance Vs Health Insurance (Explained)
  6. Life Vs Non-Life: Actuarial Practice (Compared)
  7. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  8. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  9. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  10. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  11. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  12. Actuarial Science Vs Statistics: Degree Choices (Defined)
  13. Property Vs. Casualty: Actuarial Fields (Compared)
  14. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  15. How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
  16. Actuary: Insurance Vs Financial Services (Explained)
  17. Actuarial Science Vs Mathematics: Degree Value (Defined)
  18. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
  19. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  20. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  21. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  22. What Should I Know About Stock Options as a Senior-Level Actuary? (8 Most Common Questions Answered)
  23. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  24. Actuary: Workers Compensation Vs Personal Injury (Defined)
  25. 5 Common Misconceptions About The Actuarial Profession
  26. What Does An Actuary Do? (9 Simple Questions Answered)
  27. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  28. Actuarial Technician Vs Actuary: Roles (Decoded)
  29. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  30. 5 Surprising Benefits Of Being An Actuary
  31. The Top 10 Companies Hiring Actuaries In 2023
  32. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
  33. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  34. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
  35. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  36. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  37. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  38. How Can Actuaries Improve Their Negotiating Skills? (9 Simple Questions Answered)
  39. How Can I Use Mathematical Models to Become an Actuary? (10 Important Questions Answered)
  40. What Skills Are Needed for an Actuarial Internship? (10 Important Questions Answered)
  41. How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
  42. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  43. Actuary: Reinsurance Vs Direct Insurance (Explained)
  44. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  45. Actuary Vs. Underwriter: Which Career Offers Better Job Security?
  46. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Pricing and product development

The process of determining the price of insurance products during the product development phase.

  1. Product Development Vs Pricing: Actuarial Roles (Compared)
  2. Actuarial Science Vs Statistics: Degree Choices (Defined)
  3. 5 Surprising Ways Actuaries Use Statistics In Their Jobs

Pricing role

The responsibility of determining the price of insurance products.

  1. Actuary: Reserving Vs Pricing Roles (Clarified)

Pricing strategies

The methods used to determine the price of insurance products.

  1. Product Development Vs Pricing: Actuarial Roles (Compared)
  2. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  3. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  4. Actuarial Technician Vs Actuary: Roles (Decoded)
  5. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  6. Actuary: Insurance Vs Financial Services (Explained)
  7. How Does Financial Analysis Assist Actuaries? (9 Simple Questions Answered)
  8. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  9. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  10. How Can Regression Analysis Assist Actuaries? (8 Most Common Questions Answered)
  11. How Can I Use Mathematical Models to Become an Actuary? (10 Important Questions Answered)
  12. How Does an Actuary Utilize Data Mining to Identify Potential Losses? (10 Important Questions Answered)
  13. The Top 10 Companies Hiring Actuaries In 2023
  14. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  15. Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
  16. Actuary Vs. Accountant: Which Career Path Should You Choose?
  17. Actuary: Auto Insurance Vs Health Insurance (Explained)
  18. What Are the Most Important Economic Trends for an Actuary to Consider? (10 Important Questions Answered)
  19. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Principal component analysis (PCA)

A statistical technique used to reduce the complexity of large data sets.

  1. Actuary Vs Statistician: Job Differences (Clarified)
  2. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  3. Actuarial Science Vs Statistics: Degree Choices (Defined)

Private sector

The part of the economy that is owned and operated by private individuals or companies.

  1. Actuary: Private Sector Vs Government Jobs (Clarified)
  2. Actuary Vs. Statistician: Which Career Offers Better Job Stability?

Probability analysis

The process of analyzing the likelihood of different outcomes in a random event.

  1. Actuary: Risk Assessment Vs. Risk Management (Clarified)
  2. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  3. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  4. Actuary: Insurance Vs Financial Services (Explained)
  5. Actuary Vs Underwriter: Roles in Insurance (Explained)
  6. What Does An Actuary Do? (9 Simple Questions Answered)

Probability calculations

The mathematical calculations used to determine the likelihood of different outcomes in a random event.

  1. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  2. Actuary: Risk Assessment Vs. Risk Management (Clarified)
  3. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  4. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  5. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)

Probability distribution function

The mathematical function that describes the likelihood of different outcomes in a random event.

  1. Actuary: Predictive Modeling Vs Traditional (Unpacked)

Probability distribution models

The mathematical models that describe the likelihood of different outcomes in a random event.

  1. Actuary: Reinsurance Vs Direct Insurance (Explained)
  2. Actuary: Catastrophe Modeling Vs. Traditional (Compared)

Probability distributions

The mathematical functions that describe the likelihood of different outcomes in a random event.

  1. Risk Management Vs. Actuarial: Career Paths (Defined)
  2. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  3. How Do Statistical Models Help Actuaries? (8 Most Common Questions Answered)
  4. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
  5. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  6. Actuarial Science Vs Mathematics: Degree Value (Defined)
  7. How Can Financial Modeling Help an Actuary Identify Potential Losses? (7 Core Questions Answered)
  8. Actuarial Science Vs Statistics: Degree Choices (Defined)
  9. Actuary Vs Statistician: Job Differences (Clarified)
  10. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)
  11. What Challenges Do Actuaries Face When Using Survival Models? (10 Important Questions Answered)

Probability modeling

The process of creating mathematical models that predict the likelihood of future events.

  1. Actuary Vs Statistician: Job Differences (Clarified)
  2. How Can Statistic Computing Help Actuaries? (9 Simple Questions Answered)

Probability modeling skills

The ability to create mathematical models that predict the likelihood of future events.

  1. Actuary Vs Statistician: Job Differences (Clarified)

Probability theory

The branch of mathematics that deals with the study of random events and their likelihood of occurrence.

  1. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  2. Actuarial Technician Vs Actuary: Roles (Decoded)
  3. SOA Vs. CAS: Actuarial Certifications (Decoded)
  4. Actuarial Science Vs Mathematics: Degree Value (Defined)
  5. Actuary: Risk Assessment Vs. Risk Management (Clarified)
  6. How Can I Use Mathematical Models to Become an Actuary? (10 Important Questions Answered)
  7. Actuarial Science Vs. Finance: Career Prospects (Unpacked)
  8. Actuarial Science Vs Statistics: Degree Choices (Defined)
  9. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  10. Actuary: Domestic Vs International Practice (Explained)
  11. Actuary: Consulting Vs Corporate Roles (Compared)
  12. How Can I Develop My Analytical Thinking Skills for a Career in Actuarial Science? (10 Important Questions Answered)
  13. Risk Management Vs. Actuarial: Career Paths (Defined)
  14. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
  15. The Top Actuarial Certifications You Need To Boost Your Career
  16. What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)
  17. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  18. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  19. How Can Financial Mathematics Assist Actuaries? (8 Most Common Questions Answered)
  20. Actuary Vs Statistician: Job Differences (Clarified)
  21. Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
  22. Product Development Vs Pricing: Actuarial Roles (Compared)
  23. Actuary Vs. Management Consultant: Which Career Is More Prestigious?
  24. Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
  25. Actuary Vs. Accountant: Which Career Path Should You Choose?
  26. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  27. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  28. 5 Surprising Ways Actuaries Use Statistics In Their Jobs
  29. The Top Skills You Need To Succeed As An Actuary
  30. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  31. How Can I Improve My Financial Modeling Skills Using Statistical Techniques? (9 Simple Questions Answered)
  32. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  33. How Long Does It Take to Complete an Actuarial Exam? (10 Important Questions Answered)
  34. Property Vs. Casualty: Actuarial Fields (Compared)
  35. How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
  36. Actuary: Insurance Vs Financial Services (Explained)
  37. Pension Vs. Investment: Actuarial Focus (Defined)
  38. What Resources Are Available to Help Me Improve My Mathematical Skills for Becoming an Actuary? (10 Important Questions Answered)
  39. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  40. How Can Analytical Problem-Solving Help with Mathematical Calculations? (10 Important Questions Answered)
  41. Life Vs Non-Life: Actuarial Practice (Compared)
  42. Actuary: Private Sector Vs Government Jobs (Clarified)
  43. How To Transition From Accounting To Actuary
  44. How To Land An Actuary Job With No Experience
  45. How Much Do Actuaries Make? (9 Simple Questions Answered)
  46. Actuary: Reserving Vs Pricing Roles (Clarified)
  47. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  48. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  49. Actuary Vs Underwriter: Roles in Insurance (Explained)
  50. Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
  51. What Does An Actuary Do? (9 Simple Questions Answered)
  52. Actuary Vs. Account Manager: Which Career Is More Rewarding?
  53. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
  54. 5 Surprising Benefits Of Being An Actuary

Probability theory application

The use of probability theory to analyze and predict the likelihood of future events.

  1. Actuary: Domestic Vs International Practice (Explained)

Probate

The legal process of administering a deceased person’s estate.

  1. Actuarial: Annuities Vs. Life Insurance Roles (Decoded)

Problem-solving abilities

The capacity to identify and solve complex problems using analytical and critical thinking skills.

  1. What Skills Are Needed for an Actuarial Internship? (10 Important Questions Answered)
  2. How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
  3. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  4. Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
  5. 5 Common Misconceptions About The Actuarial Profession
  6. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  7. The Top Skills You Need To Succeed As An Actuary
  8. The Pros And Cons Of Pursuing An Actuarial Career
  9. How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)
  10. How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
  11. How Can I Make Connections That Will Help My Fellowship Application? (10 Important Questions Answered)
  12. What Steps Should I Take to Become a Fellow of the Actuarial Profession? (10 Important Questions Answered)
  13. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
  14. Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
  15. Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
  16. Actuarial Technician Vs Actuary: Roles (Decoded)
  17. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  18. What Resources Are Available to Help Me Improve My Mathematical Skills for Becoming an Actuary? (10 Important Questions Answered)
  19. How Flexible Is Scheduling for Senior-Level Actuaries? (9 Simple Questions Answered)

Product development process

The process of creating and bringing a new product to market.

  1. Product Development Vs Pricing: Actuarial Roles (Compared)

Professional certification

A credential indicating professional expertise.

  1. Actuary Vs. Management Consultant: Which Career Is More Prestigious?
  2. How Much Do Actuaries Make? (9 Simple Questions Answered)
  3. 5 Surprising Benefits Of Being An Actuary
  4. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  5. Actuary Vs. Auditor: Which Career Offers More Growth Opportunities?
  6. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  7. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
  8. Actuary Vs. Risk Manager: Which Career Path Is More Challenging?
  9. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)
  10. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  11. How Can Actuaries Maximize Their Networking Potential? (6 Common Questions Answered)
  12. How Can I Become a Financial Engineer? (10 Important Questions Answered)
  13. How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
  14. What Resources are Available Through Actuarial Alumni Associations? (10 Important Questions Answered)
  15. Actuary Vs Statistician: Job Differences (Clarified)
  16. Actuary Vs. Statistician: Which Career Offers Better Job Stability?
  17. Actuary Vs. Sales Executive: Which Career Offers More Job Flexibility?
  18. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
  19. Actuary Vs. Economist: Which Career Offers Better Compensation?
  20. Actuary Vs. Data Scientist: Which One Pays More?
  21. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  22. Actuarial Technician Vs Actuary: Roles (Decoded)
  23. Actuary Vs. Underwriter: Which Career Offers Better Job Security?
  24. How Flexible Is Scheduling for Senior-Level Actuaries? (9 Simple Questions Answered)

Professional certification requirements

Criteria for obtaining and maintaining professional certification.

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

Professional Designation

A title or certification indicating professional expertise.

  1. Actuarial Analyst Vs. Actuary: Career Progression (Unpacked)
  2. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)

Professional development opportunities

  1. Actuary: Part-Time Vs Full-Time Roles (Compared)
  2. Actuary: In-House Vs Consulting Firm (Clarified)
  3. Actuary: Private Sector Vs Government Jobs (Clarified)
  4. Actuary: Full-Time Vs Contract Work (Explained)
  5. How Can I Take Advantage of Educational Assistance Through a Senior-Level Actuarial Compensation Package? (9 Simple Questions Answered)
  6. What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
  7. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  8. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  9. How Do I Obtain Actuarial Qualifications? (8 Most Common Questions Answered)
  10. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  11. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  12. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  13. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
  14. How Much Do Actuaries Make? (9 Simple Questions Answered)
  15. How To Negotiate Your Salary As An Actuary
  16. The Top 10 Companies Hiring Actuaries In 2023

Professional development requirements

Mandatory training or education for maintaining professional certification.

  1. Actuary: Part-Time Vs Full-Time Roles (Compared)
  2. How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)

Professional development resources

Tools and resources for continuing education and skill development.

  1. Actuary: In-House Vs Consulting Firm (Clarified)
  2. What Should I Look for in a Senior-Level Actuary Compensation Package? (9 Simple Questions Answered)
  3. How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)

Professionalism

Conducting oneself in a manner that reflects competence, integrity, and respect.

  1. What Steps Should I Take to Become a Fellow of the Actuarial Profession? (10 Important Questions Answered)
  2. How Do Ethical Principles Impact an Actuary’s Professional Practices? (10 Important Questions Answered)
  3. How Do I Obtain Professional Designations as an Actuary? (10 Important Questions Answered)
  4. How Long Does It Take to Complete an Actuarial Exam? (10 Important Questions Answered)
  5. Actuarial Technician Vs Actuary: Roles (Decoded)
  6. How To Negotiate Your Salary As An Actuary
  7. How To Stand Out As An Actuary In A Competitive Job Market
  8. What Fees Are Associated with Gaining an Actuarial Certification? (10 Important Questions Answered)
  9. How Long Does It Take to Become a Certified Actuary? (10 Important Questions Answered)
  10. What Are the Requirements for Becoming a Certified Actuary? (9 Simple Questions Answered)

Professional liability coverage

Insurance coverage for errors or omissions in professional work.

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

Professional Liability Insurance

Insurance that protects professionals from liability for errors or omissions in their work.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Professional standards of conduct

Guidelines for ethical and professional behavior.

  1. SOA Vs. CAS: Actuarial Certifications (Decoded)

Profitability analysis

Evaluating the financial performance of a business or project.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Profit margin

The difference between revenue and expenses.

  1. Actuary: Insurance Vs Financial Services (Explained)
  2. Life Vs Non-Life: Actuarial Practice (Compared)

Profit margin optimization

Maximizing the difference between revenue and expenses.

  1. Product Development Vs Pricing: Actuarial Roles (Compared)

Programming Languages (e.g., R, Python)

Computer languages used to write software and analyze data.

  1. What Are The Best Career Paths For Actuaries? (10 Important Questions Answered)
  2. How Can I Become a Financial Engineer? (10 Important Questions Answered)
  3. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  4. Actuary: Domestic Vs International Practice (Explained)
  5. Actuary Vs. Statistician: Which Career Offers Better Job Stability?
  6. Actuary Vs. Data Scientist: Which One Pays More?
  7. Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
  8. How To Navigate The Actuarial Exam Process As An International Student
  9. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  10. What Resources Are Available to Help Me Improve My Mathematical Skills for Becoming an Actuary? (10 Important Questions Answered)
  11. How Can I Develop Expertise in the Actuarial Field? (10 Important Questions Answered)
  12. How To Land An Actuary Job With No Experience
  13. Actuary Vs. Underwriter: Which Career Offers Better Job Security?
  14. Actuary Vs. Teacher: Which Career Offers More Fulfillment?
  15. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  16. Actuary Vs Data Analyst: Similarities and Differences (Clarified)
  17. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  18. What Tools and Techniques Should an Actuary Use for Effective Data Manipulation? (10 Important Questions Answered)
  19. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Project appraisal

Evaluating the feasibility and potential success of a project.

  1. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)

Project-based assignments

Tasks or projects assigned to an individual or team.

  1. Actuary: Full-Time Vs Contract Work (Explained)
  2. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)

Project-based work

Work that is organized around specific projects or tasks.

  1. Actuary: Full-Time Vs Contract Work (Explained)
  2. Actuary: In-House Vs Consulting Firm (Clarified)

Projections

Estimates of future outcomes based on current data and trends.

  1. How Does an Actuary Calculate an Actuarial Valuation? (10 Important Questions Answered)
  2. Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?
  3. Actuary Vs. Accountant: Which Career Path Should You Choose?
  4. Actuary Vs. Financial Analyst: Which Job Offers Better Career Growth?
  5. Health Vs Life: Actuarial Specialties (Decoded)
  6. What Does An Actuary Do? (9 Simple Questions Answered)
  7. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  8. Actuary Vs. Account Manager: Which Career Is More Rewarding?
  9. Actuary Vs. Auditor: Which Career Offers More Growth Opportunities?
  10. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  11. Actuary Vs. Data Analyst: Which Career Offers Better Job Satisfaction?
  12. Actuary Vs. Statistician: Which Career Offers Better Job Stability?

Project management

The process of planning, organizing, and managing resources to achieve project goals.

  1. Actuary Vs. Project Manager: Which Career Offers Better Job Security?
  2. Actuary: In-House Vs Consulting Firm (Clarified)
  3. Actuarial Analyst: Entry-Level Vs Senior Roles (Decoded)
  4. Actuary: Traditional Vs Non-Traditional Roles (Unpacked)
  5. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  6. Actuary Vs. Management Consultant: Which Career Is More Prestigious?
  7. Actuarial Analyst Vs Risk Analyst: Differences (Decoded)
  8. Actuary: Part-Time Vs Full-Time Roles (Compared)
  9. Actuary: Private Sector Vs Government Jobs (Clarified)
  10. Actuary Vs. Software Developer: Which Career Offers Better Work-Life Balance?
  11. How Can Senior-Level Actuaries Maximize Their Earning Potential in High-Paying Industries? (9 Simple Questions Answered)
  12. How Can I Maximize My Earnings as an Actuary? (10 Important Questions Answered)

Project management methodologies

Frameworks and processes used to manage projects.

  1. Actuarial Technician Vs Actuary: Roles (Decoded)

Project management skills

The ability to plan, organize, and manage resources to achieve project goals.

  1. Actuary: Part-Time Vs Full-Time Roles (Compared)
  2. Actuary Vs. Project Manager: Which Career Offers Better Job Security?

Project pipeline consistency

Maintaining a steady flow of projects in the pipeline.

  1. Actuary: In-House Vs Consulting Firm (Clarified)

Property and casualty insurance

Insurance that covers damage to property and liability for any harm caused to others.

  1. SOA Vs. CAS: Actuarial Certifications (Decoded)
  2. Property Vs. Casualty: Actuarial Fields (Compared)
  3. The Top Actuarial Certifications You Need To Boost Your Career
  4. Life Vs Non-Life: Actuarial Practice (Compared)
  5. 5 Surprising Benefits Of Being An Actuary
  6. How Can I Learn Accounting Principles to Become an Actuary? (10 Important Questions Answered)
  7. Actuary: Consulting Vs Corporate Roles (Compared)
  8. Actuary: Domestic Vs International Practice (Explained)
  9. Actuary: Predictive Modeling Vs Traditional (Unpacked)
  10. Actuary Vs. Business Analyst: Which Career Is More Lucrative?
  11. How Can I Obtain Professional Qualifications as an Actuary? (10 Important Questions Answered)
  12. What Training Do I Need To Become An Actuary? (10 Important Questions Answered)

Property Coverage

Insurance that covers damage to property.

  1. Actuary: Personal Lines Vs Commercial Lines (Unpacked)

Property damage

Damage to property caused by an event covered by insurance.

  1. Life Vs Non-Life: Actuarial Practice (Compared)
  2. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  3. 5 Ways Actuaries Use Data Visualization To Solve Real-World Problems
  4. Actuary: Catastrophe Modeling Vs. Traditional (Compared)
  5. Property Vs. Casualty: Actuarial Fields (Compared)

Property damage coverage

Insurance that covers damage to the insured’s property.

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

Property damage liability coverage

Insurance that covers damage to other people’s property caused by the insured.

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

Property insurance

Insurance that covers damage to property.

  1. Property Vs. Casualty: Actuarial Fields (Compared)
  2. Actuary: Personal Lines Vs Commercial Lines (Unpacked)
  3. Risk Management Vs. Actuarial: Career Paths (Defined)

Proportional reinsurance

A reinsurance agreement where the reinsurer takes a fixed percentage of the ceding company’s premiums and losses.

  1. Actuary: Reinsurance Vs Direct Insurance (Explained)

Provider networks

Networks of healthcare providers that contract with insurance companies to provide services to their members.

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

Public sector

Government agencies and organizations that provide public services.

  1. Actuary: Private Sector Vs Government Jobs (Clarified)
  2. Actuary Vs. Statistician: Which Career Offers Better Job Stability?
  3. Actuary Vs. Mathematician: Which Degree Is More Valuable In The Job Market?