An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. The name of the corresponding academic discipline is actuarial science.
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions.
The International Actuarial Association (IAA) is a worldwide association of local professional actuarial associations.
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. It is a full member organization of the International Actuarial Association.
The Casualty Actuarial Society (CAS) is a leading international professional society of actuaries, based in North America, and specializing in property and casualty insurance.
The Canadian Institute of Actuaries (CIA) is the national organization of the actuarial profession in Canada. It was incorporated March 18, 1965. The FCIA designation stands for Fellow of the Canadian Institute of Actuaries. As the national organization of the Canadian actuarial profession, the CIA serves the public through the provision by the profession of actuarial services and advice by: representing the Canadian actuarial profession in the formulation of public policy; promoting the advancement of actuarial science; educating and qualifying CIA members; ensuring that actuarial services provided by its members meet accepted professional standards; and assisting actuaries in Canada in the discharge of their professional responsibilities.
Karen Keskulla Uhlenbeck ForMemRS is an American mathematician and one of the founders of modern geometric analysis. She is a professor emeritus of mathematics at the University of Texas at Austin, where she held the Sid W. Richardson Foundation Regents Chair. She is currently a distinguished visiting professor at the Institute for Advanced Study and a visiting senior research scholar at Princeton University.
The Czech Society of Actuaries is the association of actuaries in Czechia. It aims to promote education and research in actuarial science and to mediate social and professional contacts among actuaries.
Olivia S. Mitchell is an American economist and the International Foundation of Employee Benefit Plans Professor at The Wharton School of the University of Pennsylvania. Her interests focus on pensions and social security, and she is the executive director of the Pension Research Council, the oldest U.S. center devoted to scholarship and policy-relevant research on retirement security. She also heads Wharton's Boettner Center for Pensions and Retirement Research.
Jianqing Fan is a statistician, financial econometrician, and data scientist. He is currently the Frederick L. Moore '18 Professor of Finance, Professor of Operations Research and Financial Engineering, Professor of Statistics and Machine Learning, and a former chairman of Department of Operations Research and Financial Engineering (2012–2015) and a former director of Committee of Statistical Studies (2005–2017) at Princeton University, where he directs both statistics lab and financial econometrics lab since 2008.
Philip Booth is a British economist. He is Dean of the Faculty of Education, Humanities and Social Sciences at St Mary's University, Twickenham, and Senior Academic Fellow at the Institute of Economic Affairs. His primary areas of research and writing are social insurance, financial regulation and Catholic social teaching.
The actuarial credentialing and exam process usually requires passing a rigorous series of professional examinations, most often taking several years in total, before one can become recognized as a credentialed actuary. In some countries, such as Denmark, most study takes place in a university setting. In others, such as the U.S., most study takes place during employment through a series of examinations. In the UK, and countries based on its process, there is a hybrid university-exam structure.
William Wager Cooper was an American operations researcher, known as a father of management science and as "Mr. Linear Programming". He was the founding president of The Institute of Management Sciences, founding editor-in-chief of Auditing: A Journal of Practice and Theory, a founding faculty member of the Graduate School of Industrial Administration at the Carnegie Institute of Technology, founding dean of the School of Urban and Public Affairs at CMU, the former Arthur Lowes Dickinson Professor of Accounting at Harvard University, and the Foster Parker Professor Emeritus of Management, Finance and Accounting at the University of Texas at Austin.
Rogemar Sombong Mamon, is a Canadian mathematician, quant, and academic. He is a co-editor of the IMA Journal of Management Mathematics published by Oxford University Press since 2009.
Raymond James Carroll is an American statistician, and Distinguished Professor of statistics, nutrition and toxicology at Texas A&M University. He is a recipient of 1988 COPSS Presidents' Award and 2002 R. A. Fisher Lectureship. He has made fundamental contributions to measurement error model, nonparametric and semiparametric modeling.
Christian Genest is a professor in the Department of Mathematics and Statistics at McGill University, where he holds a Canada Research Chair. He is the author of numerous research papers in multivariate analysis, nonparametric statistics, extreme-value theory, and multiple-criteria decision analysis.
Therese Michele "Terri" Vaughan is an American insurance academic, regulator, and advisor. She was insurance commissioner of the state of Iowa for 10 years from 1994 to 2005, and was the CEO of the National Association of Insurance Commissioners (NAIC) for four years from February 2009 to December 2012. She is currently executive in residence at Drake University, having previously been its Robb B. Kelley distinguished professor of insurance and actuarial science, Dean of its College of Business and Public Administration, and director of its Insurance Center.
Robert Henderson was a Canadian-American mathematician and actuary.
Mary Rosalyn Hardy is a professor of actuarial science at the University of Waterloo (Canada). She pioneered, together with Julia Wirch, the development and application of the conditional tail expectation (CTE).
Edmund Ernest Cammack FAIA FCAS was an English actuary who was an early figure in the Aetna Life Insurance company and a founder member of the Casualty Actuarial Society of America.
