Whenever we join any company, the first thing we check is the facilities the company is providing in the future when you leave the job such as leave encashment, gratuity, and actuarial valuation. An actuarial valuation is an accounting exercise performed to estimate future liabilities arising out of to the employee of a company. Actuarial Valuation exercise is a liability payout when future data is eliminated using various assumptions such as discounting rate and salary growth rate.