Concept in Definition ABC

In the field of Right the actuary is appointed that individual who works as an auxiliary in the context and has the mission of attesting to the procedural acts. That is, they are normally called that Clerk or clerk of a court who attests to what has been done in a judicial proceeding. It should be noted that without its action the actions carried out will lack legal value.

However, it is also important to mention that at present, other functions have been added to the actuary's performance in addition to the aforementioned of attesting to what has been done. For example, sign rulings that add documents, return writings that do not adhere to the imposed legal conditions, sign certificates and also testimonies, among others. The mission of this change is to win in terms of streamlining the process.

On the other hand, the actuary is called the one individual who performs professionally in the areas of finance, analysis of risk and insurance by applying questions such as the calculus of probabilities, mathematics and

statistics, to assess the risks that may occur in them and thus help reduce the uncertainty that can generate an investmentn, for example.

Basically, an actuary will be in charge of mathematically evaluating the probability for an event to occur and also for quantify the results that may occur with the clear objective of minimizing negative impacts on the business in question, such is the case of financial losses directly linked to those events uncertain.

To discipline that just applies the aforementioned statistical and mathematical methods is called as Actuarial or Actuarial Science. It is taught in universities as a bachelor's degree and its program offers solid knowledge of mathematics, finance, statistics, economy, demographics and probability.

Topics in Actuary