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Actuary vs. Underwriter — What's the Difference?

Difference Between Actuary and Underwriter

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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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