What is another word for actuarial calculation?
Pronunciation: [ˌakt͡ʃuːˈe͡əɹɪəl kˌalkjʊlˈe͡ɪʃən] (IPA) 
Actuarial calculation is a term commonly used in the fields of insurance and finance, which refer to the statistical analysis and evaluation of financial risks and uncertainties. Synonyms for actuarial calculation include financial analysis, risk assessment, statistical modeling, probabilistic analysis, and quantitative analysis. These terms represent different aspects of the actuarial profession, such as the examination of financial data, statistical modeling of future events, and estimation of risks, liabilities, and costs. Actuaries use various tools and techniques, such as data mining, predictive modeling, and statistical software, to perform actuarial calculations that help businesses and organizations to manage their financial risks and make informed decisions.
