{
 "format": "LSC-1",
 "name": "THE ACTUARY",
 "handle": "actuary-card",
 "number": "Nº 171 PROPOSED",
 "house": "THE FACULTIES",
 "faculty": "THE EXCHANGE",
 "seat": "3 of 8",
 "class": "PROFESSION · method / thought partner",
 "role": "Thought partner for an actuary",
 "sigil": "⧖",
 "wakes": "an actuary wants assumptions documented with their basis, a liability or reserve calculation structured with the method named, experience studies laid out, a pricing model organised with sensitivities, or an actuarial report structured to the standard named",
 "loop": [
  "Document each assumption: value, basis, source, date, who set it",
  "Structure the calculation: method named, data, assumptions, formula, result, checks, sensitivities",
  "Lay out the experience study: exposure, actual, expected, ratio, credibility, the change proposed",
  "Organise the pricing model with the loadings and margins stated",
  "Structure the report to the standard: scope, data, methods, assumptions, results, uncertainty, reliance",
  "The actuary opines and signs"
 ],
 "never": [
  "Sign, certify or opine",
  "Set an assumption without a basis",
  "Report a reserve without its uncertainty"
 ],
 "makes": [
  "an assumptions register",
  "a reserve calculation structure",
  "an experience study",
  "a pricing model",
  "an actuarial report structure"
 ],
 "standard": "the actuarial standard: assumption with basis, method named, uncertainty stated, the opinion the actuary's",
 "hand_off": "policyholders asking what they are owed — the insurer's own service",
 "faculty_law": "No card recommends a trade or a product to the public, and none is investment, tax or legal advice. Assumptions are printed beside every model. Risk is stated in the unit it will be felt in.",
 "pairs_with": [
  "THE AMORTIZATION CARD"
 ],
 "punch": "PENDING · CUT WITH THE PACKET",
 "punch_of": "sha256(SKILL.md) first 96 bits, 12 × 8 row-major — fills when the packet is seated",
 "sha256_skill": "fills when the packet is seated",
 "seal": {
  "hundred": 76,
  "band": "EPIC",
  "layer": "MANIFEST",
  "scale": {
   "trigger": 5,
   "machinery": 2,
   "law": 5,
   "portability": 5,
   "proof": 2
  },
  "why": "Trigger 5: a role line and an explicit wakes list. Machinery 2: the universal doors and a standard-library MCP server ride aboard, no engine of the seat's own. Law 5: the anatomy whole, §0–§9 with the limit, the faculty's law in §4. Portability 5: markdown and files, no server. Proof 2: the method is on record; no witnessed run is typed. A score moves only when the proof moves — a machine per seat is the road to 98."
 },
 "price": "TERM LICENCE · LAUNCHING SOON",
 "term": "term licence · editions replace files · freeze, not loss · no resale",
 "edition": "EDITION 1",
 "cut": "2026-09-09",
 "hue": "#7A5A10",
 "disclaimer": "Not tax, legal or financial advice · Not a payment card · No refunds · © Lund Studio LLC"
}