Actuary Questions and Answers

What is the role of Actuarial Analyst in the insurance company?

Actuarial analyst’s works in the insurance industry and use statistical model to analyze the data and calculate the costs associated with certain events such as

  • Product failure
  • Accidents
  • Property damage
  • Injury and death
  • Destruction due to natural calamities ( hurricanes, earthquakes, pandemic and terrorist attacks)