Diploma Actuary (DA) - Actuary is a field of study that deals with predicting and controlling risk based on mathematics, statistics and economics. Actuaries use statistical models to help determine the likelihood of an event, such as a natural disaster, death or accident. These professionals can then determine how to cover a company's costs while making a profit. For example, an actuary at an insurance company could determine how much to charge for car insurance based on the risks associated with an individual or a group of people.
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