So while flipping through my books i stumbled across a textbook defination of an actuary. Here's the answer to the great mystery:
"A person who passes as an expert on the basis of his/her prolific ability to produce an infinte variety of incomprehensible figures calculated with micrometric precisioon from the vaguest of assumptions based on debatable evidence from inconclusive data derived by persons of doubtful reliability for the sole purpose of confusing an already hopelessly befuddled group of persons who never read statistics anyway."
Steven Haberman (My actuarial methods lecturer)
(By the way, my computer apparently is heading towards a hard disk failure-took a insane half hour to start up this morning. So if i disappear for some time, it probably means that my hard disk died...or i'm too lazy to post anything.)
Over and out.