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Home » Become an Actuary » About Actuary » What is an actuary?

What is an actuary?

  • What is an Actuary?
  • What does an Actuary do?
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“Actuary” means a person qualified to calculate financial and commercial impact and valuation of uncertainty and risk of future events by using advanced techniques and models based on future scenarios under financial, economic, social, demographic, technology and probabilistic situations.

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Institute of Actuaries of India (IAI) IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation of profession of Actuaries in India.

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