Actuary vs. Underwriter — What's the Difference?

Difference Between Actuary and Underwriter
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Compare with Definitions
Actuary
An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science.
Jul 29, 2022
Underwriter
A person or firm engaged in the insurance business.
Jul 29, 2022
Actuary
A statistician who computes insurance risks and premiums.
Jul 29, 2022
Underwriter
An insurance agent who assesses the risk of enrolling an applicant for coverage or a policy.
Jul 29, 2022
Actuary
(dated) Registrar, clerk. 16th-19th c.
Jul 29, 2022
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Underwriter
One that guarantees the purchase of a full issue of stocks or bonds.
Jul 29, 2022
Actuary
A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.
Jul 29, 2022
Underwriter
A sponsor, as of a television show.
Jul 29, 2022
Actuary
A registrar or clerk; - used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.
Jul 29, 2022
Underwriter
An entity assuming a financial risk.
Jul 29, 2022
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Actuary
The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.
Jul 29, 2022
Underwriter
(insurance) A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
Jul 29, 2022
Actuary
Someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
Jul 29, 2022
Underwriter
(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.
Jul 29, 2022
Underwriter
One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.
Jul 29, 2022
Underwriter
A banker who deals chiefly in underwriting new securities
Jul 29, 2022
Underwriter
An agent who sells insurance
Jul 29, 2022
Underwriter
A financial institution that sells insurance
Jul 29, 2022
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