Actuario Meaning In English

An "actuario," or actuary, is a professional who applies mathematical and statistical methods to assess and manage financial risks, particularly in the fields of insurance, finance, and pensions. Actuaries analyze data to forecast future events, evaluate the financial impact of risks, and develop strategies for managing uncertainties. Their expertise is crucial for designing insurance policies, determining premium rates, and ensuring the financial stability of organizations by predicting and mitigating potential losses. Actuaries combine their knowledge of mathematics, economics, and finance to provide insights and solutions for complex risk-related issues.