The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method

The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method

The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method
by Dani Freidus – Finance Expert @ Toptal
#CAC #CLV #Metrics

I often hear the question “What is an actuary?” Well, actuaries are unique in that they have a deep understanding of both business and statistics.

Traditionally, an actuary’s differentiator was their ability to make financial sense of extremely long-term horizons—typically those associated with the lifespan of human beings.

This naturally lent itself to actuaries working in the age-old fields of life insurance and pensions.

However, it is not just an actuary’s grasp of the long term which is unique but also their ability to harness a broad range of academic fields and apply them in a business context. To this end, the Actuaries Institute defines actuaries as professionals who:

“evaluate risk and opportunity – applying mathematical, statistical, economic and financial analyses to a wide range of business problems.”

Due to this broad skillset, I heard recently that only 30% of Actuaries Institute members actually work in life insurance or pensions—the traditional “heartland” of the industry.

Continue reading in https://www.toptal.com/finance/startup-funding-consultants/startup-financing-for-founders


About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Hedgeye, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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