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The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method

Submitted by Michelle Young at Toptal

Authored by Dani Freidus, Finance Expert for Toptal

Edited by Lynn Patra

Executive Summary

What Is an Actuary?
The Power of the Actuarial Valuation Method
How Can an Actuary Help to Enhance Business Metrics?
How You Can Start to Implement This Now

Beyond Insurance: The Changing Role and Perception of Actuaries

I often hear the question “What is an actuary?” Well, actuaries are unique in that they have a deep understanding of both business and statistics. Traditionally, an actuary’s differentiator was their ability to make financial sense of extremely long-term horizons—typically those associated with the lifespan of human beings. This naturally lent itself to actuaries working in the age-old fields of life insurance and pensions

However, it is not just an actuary’s grasp of the long term which is unique but also their ability to harness a broad range of academic fields and apply them in a business context. To this end, the Actuaries Institute defines actuaries as professionals who: Read more of this post

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