American Academy of Actuaries

Published:

Definition - What does American Academy of Actuaries mean?

The American Academy of Actuaries is a professional organization for actuaries in America that was founded in 1965. The primary goals of this organization are to provide important actuarial information which can help impact public policy, to increase public awareness and understanding of the actuarial profession, to work with other actuarial associations on important issues, and a number of others.

Insuranceopedia explains American Academy of Actuaries

Actuaries are essential in the insurance industry. They complete complex mathematical equations to help insurance companies arrive at conclusions which dramatically impact business decisions. Without the services of actuaries, it would be very difficult for insurance companies to be able to accurately price premiums, and make other important financial decisions. The American Academy of Actuaries helps to promote the actuarial profession and keep the public informed about key areas of this important profession. It is a very helpful organization for both the public, and for actuaries.


How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this:

Connect with us

Email Newsletter

Join thousands receiving the latest content and insights on the insurance industry.