actuarial consultant Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: actuarial consultant

actuarial consultant

independent advisor to insurance companies, corporations, federal, state, and local governments, and labor unions on actuarial matters. These include evaluation of the liabilities of small insurance companies, estimates of pension plan liabilities and the design of such plans, appearance as an expert witness giving testimony concerning lost income due to an accident, and the design of information systems.

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