Summary |
The actuary is an enigmatic figure. It is believed that he is highly paid; that his training is arduous, and in some way bound up with higher mathematics; that he is concerned with the theoretical aspects of the running of insurance companies. As with much folk-lore, there is a foundation of fact in these beliefs; but even this does not serve as much comfort for the actuary attempting to assess the measure of his impact on the public-for the will soon discover that very many people have never heard of him at all. The actuarial profession in the United Kingdom has two hundred years of history behind it, and it may seem odd that its activities should have remained an area of mystery for so long.
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