U.S. Justice Department: Does Neighborhood Watch reduce crime? Neighborhood Watch programs became popular in the 1970s and 1980s; by 2000, roughly 40% of the U.S. residential population was covered by such citizen crime-watching programs.
Definition of actuarial. 1  1 : of or relating to actuaries. 2  2 : relating to statistical calculation especially of life expectancy.
Weâll discuss two main actuarial jobs (or roles) for actuaries in insurance companies. These are actuarial pricing vs valuation. During your actuarial career, you may have experience in both pricing and valuation, and some companies have rotation programs where you will rotate between different actuarial jobs so you can gain diversity.