“Actuary” means a person skilled in determining the present effects of future contingent events or in finance modelling and risk analysis in different areas of insurance, or calculating the value of life interests and insurance risks, or designing and pricing of policies, working out the benefits recommending rates relating to insurance business, annuities, insurance and pension rates.

• Actuarial Society of India – www.actuariesindia.org
• Institute of Actuaries – London – www.actuaries.org.uk
• Institute of Actuaries – Australia – www.actuaries.asn.au
• Society of Actuaries, USA – www.beanactuary.net
• Insurance Regulatory and Development Authority: Hyderabad – www.irdai.gov.in