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Underwriter vs Actuary - What's the difference?

underwriter | actuary |

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)
  • 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.
  • They were the underwriters of the company's shares, but only on a "best efforts" basis.

    actuary

    Noun

    (actuaries)
  • registrar, clerk.
  • A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.