Pension Examiner Question:
What are the responsibilities of a property or casualty actuary?
Answer:
As a property or casualty actuary, responsibilities includes
☛ Conducting studies and analyzing of rates according to geographical area and type of insurance, such as homeowner rates or automobile rates
☛ Preparing materials or evidence that tells the changes in the rate for insurance is legitimate
☛ Developing plans for the company to enter a new line of insurance
☛ Conducting research on new statistical models and methods for estimating claims
☛ Conducting studies and analyzing of rates according to geographical area and type of insurance, such as homeowner rates or automobile rates
☛ Preparing materials or evidence that tells the changes in the rate for insurance is legitimate
☛ Developing plans for the company to enter a new line of insurance
☛ Conducting research on new statistical models and methods for estimating claims
| Previous Question | Next Question |
| Tell me some of the topics that Actuary should be proficient in? | Tell us what proactive actions have you taken in order to create a more efficient workplace? |