Actuarial services involve the use of mathematics, statistics, and financial theory to assess risk in various industries, particularly in insurance and finance. Actuaries analyze data to help organizations make informed decisions about pricing, reserves, and investments, ensuring they can meet future obligations. These professionals often work with insurance companies, pension funds, and government agencies to evaluate potential future events, such as mortality rates or natural disasters. By providing insights into risk management, actuarial services play a crucial role in maintaining the financial stability of these organizations and protecting their clients' interests.