Underwriter vs Actuary - What's the difference?
underwriter | actuary |
An entity assuming a financial risk.
A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
(finance) An entity undertaking to market newly issued securities.
registrar, clerk.
A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.
As nouns the difference between underwriter and actuary
is that underwriter is an entity assuming a financial risk while actuary is registrar, clerk.underwriter
English
Noun
(en noun)- They were the underwriters of the company's shares, but only on a "best efforts" basis.