Government Actuary

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Dictionary Says

Definition of 'Government Actuary'

An employee of the U.K. government who works for the Government's Actuary Department (GAD). The GAD provides actuarial consulting services for the public sector at a set fee structure. It provides consulting on numerous actuarial and statistical topics including:
- pensions policy and regulation
- occupational pensions
- staff transfers
- social security
- insurance
- healthcare financing
- actuarial training
Investopedia Says

Investopedia explains 'Government Actuary'

The first government actuary was appointed in 1917, and was shortly followed by the British finance ministry creating the actual Government Actuary Department. The government actuary first provided financial implication reports to parliament on health insurance proposals and unemployment-related legislation. The government actuary's role expanded significantly since World War II and today it advises public sector clients from the U.K. and worldwide.
Search results for

'Government Actuary '

  • Insure Your Future With A Career As An Actuary

    http://www.investopedia.com/articles/financialcareers/08/career-in-actuary.asp
    ... government, corporations and consulting firms also employ them. Non-traditional
    opportunities exist in the area of financial planning, where the actuary is ...

  • Retirement Planning: Why Plan For Retirement? | Investopedia

    http://www.investopedia.com/university/retirement/retirement1.asp
    ... off, we need to be up front about the prospects of government-sponsored retirement ...
    that according to a 2005 study by Stephen C. Goss, chief actuary of the ...

  • Is Your Defined-Benefit Pension Plan Safe?

    http://www.investopedia.com/articles/retirement/08/safe-db-plan.asp
    ... local government plans - These plans cover state and local government employees,
    teachers ... Performed by a qualified actuary, liability valuation must include an ...

  • Traditional MBA Or Business Graduate Degree?

    http://www.investopedia.com/articles/professionaleducation/09/business-grad-degree-vs-mba.asp
    ... issues and areas deemed important either by industry, the government or the ... tax
    accountant, statistician, risk management consultant or an actuary, you may ...

  • Series 7 Study Guide - Packaged Securities - Valuing a Variable ...

    http://www.investopedia.com/exam-guide/series-7/packaged-securities/value-variable-annuity.asp
    ... 4.5 Government Debt; 4.6 Treasury Bonds; 4.7 Agency Bonds; 4.8 Treasury STRIPS;
    4.9 ... the option of receiving one payment per year for life, which an actuary for the ...

  • Operational Risk: A Must-Know For Investors

    http://www.investopedia.com/articles/professionaleducation/10/operational-risk.asp
    ... that stakeholders must understand the importance of operational risk is a just-released
    study from the Society of Actuaries, the Casualty Actuary Society and ...

  • Financial Career Options For Professionals

    http://www.investopedia.com/articles/financial-careers/08/financial-career-options-professionals.asp
    ... in this sector working as a sales rep selling insurance policies, as a customer
    service rep working with existing clients or as an actuary computing risks and ...

  • Insurance Coverage: A Business Necessity

    http://www.investopedia.com/articles/pf/08/business-insurance-coverage.asp
    ... smaller premium. (To learn more about the role of an actuary, read Insure
    Your Future With A Career As An Actuary.). Coverage for ...

  • CFA Level 1 Study Guide - Liabilities - Accounting For Long-Term ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/long-term-liabilities-accounting.asp
    ... 14.18 Event Risk; 14.19 Pricing Bonds; 14.20 Duration; 14.21 International Bonds;
    14.22 Government Bonds; 14.23 Mortgage-Backed Securities ...

  • The History Of Insurance

    http://www.investopedia.com/articles/08/history-of-insurance.asp
    ... of risk. Pascal's triangle led to the first actuary tables that were, and
    still are, used when calculating insurance rates. These ...

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