Actuary Expert Witnesses

Mentioned in court proceedings, particularly with matters surrounded by financial damages, an actuary professional is a respected expert witness. An actuary expert witnesses has a unique skill set able to present fact-based analysis on the effects of highly complex financial topics. Commonly associated with insurance disputes, mortality tables and life expectancy based calculations are just two examples of when they lend their skillset to shed light on economic impact scenarios using their quantitative ability and analytical methodology. An actuarial expert witness career has several practice areas for speciality such as ERISA litigation, pensions & retirement plans, life insurance disputes or medical malpractice among many different cases within legal action involving monetary damages. As an example during medical malpractice cases it is the actuarial’s job to analyze given survival rate information in order understanding of how imminent will be decreased costs or earned income related to aftercare needs based on statistical predictions. For activities outside legal proceedings an actuary professional insight can be extremely helpful in managing risks effectively conducting finance projections and estimating future liabilities surrounding long term investments or expenditure other forms of corporate forecasting applications of research and analysis studies conducted within this specialty field produce considerable amount knowledge applicable for public benefit spheres most notably health care planning cost management life expectancy awareness policy designees medicare preparations disaster relief operations plus much more data derived from contemporary scientific methods by this type think tank think language actuaries commonly stand out.