What Does Actuarial Consultant Mean?

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What does Actuarial Consultant mean? Read on to discover the definition & meaning of the term Actuarial Consultant - to help you better understand the language used in insurance policies.

Actuarial Consultant

Actuarial Consultant

An actuarial consultant is a professional who is skilled in making mathematical calculations in order to assess risk and other important information. Actuarial consultants are hired by insurance companies to help analyze statistics in order to help the insurer shape its policies for things Ike premium prices, which plans to offer, and other risk-based decisions.

We hope the you have a better understanding of the meaning of Actuarial Consultant.

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