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
Damage from Hurricane Katrina in 2005. Actuaries need to estimate long-term levels of such damage in order to accurately price property insurance, set appropriate reserves, and design appropriate reinsurance and capital management strategies.
Mathematician Nathaniel Bowditch was one of America's first insurance actuaries.
2003 U.S. mortality (life) table, Table 1, Page 1
A mathematician is someone who uses an extensive knowledge of mathematics in their work, typically to solve mathematical problems. Mathematicians are concerned with numbers, data, quantity, structure,
Actuary
…reserves, and design appropriate reinsurance and capital management strategies. Occupation Names Actuary Occupation type Profession statistician mathematician Activity sectors Insurance reinsurance pension plans social welfare programs Description Competencies Mathematics statistics finance analytical skills…
Euclid (holding calipers), Greek mathematician, known as the "Father of Geometry"
Emmy Noether, mathematical theorist and teacher
In 1938 in the United States, mathematicians were desired as teachers, calculating machine operators, mechanical engineers, accounting auditor bookkeepers, and actuary statisticians.