[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Glossary]] / **Actuary** ## Actuary An **Actuary** is a business professional who deals with the financial impact of [[risk]] and uncertainty. ([Wikidata](https://www.wikidata.org/wiki/Q179985)) ## What does an Actuary do? > [!example]- In an uncertain world, an actuary... (SOA) > ...anticipates future conditions and assesses the <u>risks</u> ahead. ([SOA](https://www.soa.org/future-actuaries/precandidate/what/)) >[!example]- Actuaries are problem solvers and strategic thinkers, who... (IFoA) >...use their mathematical skills to help measure the probability and <u>risk</u> of future events. ([IFoA](https://actuaries.org.uk/qualify/become-an-actuary/what-is-an-actuary/)) >[!example]- Actuaries assess the financial consequences of... (IRS) >...<u>risks</u> and use mathematics, statistics and financial theory to analyze and determine the financial impact of uncertain future events. ([IRS](https://www.irs.gov/retirement-plans/what-is-an-actuary-a-brief-overview)) ## Further Reading - [Actuary in Canada - Job Description](https://www.jobbank.gc.ca/marketreport/occupation/5435/ca) - Government of Canada - [What Actuaries Do](https://www.bls.gov/ooh/Math/Actuaries.htm#tab-2) - U.S. Bureau of Labor Statistics - [Actuaries - Occupational Outlook Handbook](https://www.bls.gov/ooh/math/actuaries.htm) - U.S. Bureau of Labor Statistics - [What Do Actuaries Do?](https://www.beanactuary.org/what-is-an-actuary/what-do-we-do/) - beanactuary.org