Having worked with them for a few years now, can I just say I hate the term Monte Carlo Method. Although I can understand that calling them "random number simulations" is not nearly as cool.
In Australia, Monte Carlo is a kind of biscuit. If you tell most people you do Monte Carlo simulations, they will think you design biscuits. Which actually sounds cooler than "insurance", "safety systems", or "math".
In the US a biscuit is a "cookie" and if you tell people that you do Monte Carlo simulations but not the kind related to biscuits they will smile politely and slowly back away from you...