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 ?
As a condition of the contract, the actuarial consultant must acknowledge the sovereign immunity of the Navajo Nation, and must agree to abide by Navajo Nation laws and regulations and to submit to the jurisdiction of Navajo Nation courts.
* Eric Jenck, 37, a French citizen, started his career as an actuarial consultant in France before joining SCOR in 2005 as Asia-Pacific pricing actuary and CAT modeler, based in Singapore.
Mike Lombardi, an actuarial consultant based in Vaughan, Ontario, is on track to take over as the 2017-2018 president in October, at the SOA's annual meeting in Boston.
Before getting involved with energy, she worked as an actuarial consultant, which involved insurance-related forecasts.
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.
McKechnie previously served as an actuarial consultant to MSO.
''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.
As the state's actuarial consultant, the fund claimed Mercer made a series of errors when it estimated the amounts that two of the state's retirement plans needed to set aside for health care and pension benefits.
The findings were presented by actuarial consultant Ian Duncan, president of Solucia Consulting.
Mercer is facing a $2.8 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.