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For example, insurance securitization requires both actuarial and finance skills. [32] Actuaries also act as expert witnesses by applying their analysis in court trials to estimate the economic value of losses such as lost profits or lost wages. [33]
Another example is the use of actuarial models to assess the risk of sex offense recidivism. Actuarial models and associated tables, such as the MnSOST-R, Static-99, and SORAG, have been used since the late 1990s to determine the likelihood that a sex offender will re-offend and thus whether he or she should be institutionalized or set free. [9]
An actuary is a business professional who deals with a financial situation of risk and uncertainty. This is a list of notable actuaries and others who have influenced the profession. This is a list of notable actuaries and others who have influenced the profession.
Casualty Actuarial Society: Member of the American Academy of Actuaries: MAAA: American Academy of Actuaries: Associate of the Conference of Consulting Actuaries: ACA: Conference of Consulting Actuaries Fellow of the Conference of Consulting Actuaries: FCA: Conference of Consulting Actuaries Enrolled Actuary: EAc: Joint Board for the Enrollment ...
The following outline is provided as an overview of and topical guide to actuarial science: Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
The Society of Actuaries (SOA) is a global professional organization for actuaries. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. [1] It is a full member organization of the International Actuarial Association. [2]
A 2010 memo from actuaries with the Centers for Medicare and Medicaid Services, or CMS, predicted that 15% of hospitals could even have to discontinue serving Medicare patients to remain in ...
Brian Charles Duperreault [1] (born May 8, 1947) [2] [1] is a Bermuda-born American executive in the insurance industry. He stepped down as executive chairman of American International Group in December 2021. Duperreault's entire career has been in the insurance industry, beginning in 1973 as an actuary at AIG. He quickly rose through the ranks ...