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.
Underwriter
A person or firm engaged in the insurance business.
Actuary
A statistician who computes insurance risks and premiums.
Underwriter
An insurance agent who assesses the risk of enrolling an applicant for coverage or a policy.
Actuary
(dated) Registrar, clerk. 16th-19th c.
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Underwriter
One that guarantees the purchase of a full issue of stocks or bonds.
Actuary
A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.
Underwriter
A sponsor, as of a television show.
Actuary
A registrar or clerk; - used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.
Underwriter
An entity assuming a financial risk.
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.
Underwriter
(insurance) A person working for an insurance company who arranges and authorizes an insurance policy with a broker or insured.
Actuary
Someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
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.
Underwriter
One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer.
Underwriter
A banker who deals chiefly in underwriting new securities
Underwriter
An agent who sells insurance
Underwriter
A financial institution that sells insurance
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