: a person who calculates insurance and annuity premiums, reserves, and dividends
Examples of actuary in a Sentence
Recent Examples on the WebIn congressional testimony last year, Stephen C. Goss, chief actuary for the Social Security Administration, said that in 1983 officials expected the trust funds to last until the mid-2050s.—Jeff Sommer, New York Times, 31 May 2024 Back in February, the government’s actuaries were still working through how much to update Medicare Advantage payments for next year.—Bob Herman Reprints, STAT, 15 Apr. 2024 But after actuaries found that premiums in the optional program would be unaffordable for most people, the Obama Administration killed the plan before it ever got started.—Howard Gleckman, Forbes, 21 Feb. 2024 In 2022, California workers stayed on unemployment aid for an average of 18.1 weeks, compared with 14.5 weeks nationally, according to a study by the Department of Labor’s former lead actuary, Robert Pavosevich.—Don Lee, Los Angeles Times, 18 Apr. 2024 See all Example Sentences for actuary
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'actuary.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
Etymology
borrowed from Latin āctuārius "shorthand writer, keeper of accounts," alteration (with -u- from the u-stem action noun āctus) of *āctārius, from āctum "public transaction, record" + -ārius-ary entry 1 — more at act entry 1
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