American Academy Of Actuaries

What Does American Academy Of Actuaries Mean?

The American Academy of Actuaries, founded in 1965, is a professional organization for actuaries in the United States. Its primary goals include providing critical actuarial information to influence public policy, increasing public awareness and understanding of the actuarial profession, collaborating with other actuarial associations on significant issues, and more.

Insuranceopedia Explains American Academy Of Actuaries

Actuaries play a crucial role in the insurance industry, using complex mathematical calculations to help insurance companies make decisions that significantly impact their business operations. Without actuaries, it would be challenging for insurers to accurately price premiums and make other critical financial decisions.

The American Academy of Actuaries supports the actuarial profession by promoting its value and keeping the public informed about key aspects of this vital field. It serves as a valuable resource for both actuaries and the general public.