Actuarial Consultant

Actuarial Consultant

A professional who assists an individual in making financial decisions, especially involving insurance or pensions. The actuarial consultant uses statistical models to assess the client's risk and gives advice based upon that information. Unlike actuaries who work for insurance companies, actuarial consultants have a fiduciary responsibility to work in the best interests of the person seeking to buy insurance or participate in a pension.
References in periodicals archive ?
The financial solvency of the Self-Insurance Fund is reviewed each year by an outside actuarial consultant study.
The company assesses it risk-based capital requirements using an internal capital model and employs an international third party actuarial consultant to assess the company's exposure to natural perils.
According Consumer Watchdog's actuarial consultant, Allstate gained underwriting profits of approximately 25.
Already-insured people who do roll over will improve the risk pool, not hurt it,'' said David Axene, a California-based actuarial consultant for health plans, hospitals, government programs and employers.
Weiss, senior actuarial consultant, Gabriel, Roden Smith and Company
Delivering a comprehensive service from a single location, the new team features key names in the NI pensions marketplace such as director Richard Morrow, actuarial consultant Mark Shimmons and experienced pensions manager Colin Place.
8 billion lawsuit by the Alaska Retirement Management Board that alleges the human resources consulting firm made a number of errors in its work as the state's actuarial consultant, according to a New York Times column published on Sunday.
Dublin based firm is Ireland's leading Life actuarial consultant
As an actuarial consultant, Harris understands the trends behind the life expectancy and mortality tables showing that people are living longer than ever.
Senior actuarial consultant James Mullins said: "After a highly depressing two years, the unprecedented stock market returns during the third quarter of 2009 has been a welcome respite for final salary pension schemes.
Despite increasing assets $125 million over last year, the BWC sought the rate increase based on recommendations of an actuarial consultant and to increase BWC reserves.
Sidney Abrams, an actuarial consultant for the UFCW, said although the initial sum that the supermarkets are paying for their employees' medical benefits will not change dramatically, the overall impact on coverage and costs could be substantial - to the tune of nearly $100 per week.