Who is an actuary?

Actuaries can be referred to as the experts, who have a fine understanding of numerical figures and, based on all good numerical valuation, ascertains risk management strategies. The risk is as well uncertain and hence, it can be turned into an advantage as it solely depends upon our abilities to cope with it. An actuary uses his skills to ascertain what might happen, how to cope with it or how to simply avoid an undesirable event.