The Primary Function of an Actuary Is to

question 5

Multiple Choice

The primary function of an actuary is to

• A)adjust claims.
• B)determine premium rates.
• C)negotiate reinsurance treaties.
• D)invest insurance company assets.

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Definitions:

Surface

The outward or visible aspect of something, sometimes contrasted with deeper, more hidden dimensions.

Positive Disposition

A tendency to maintain a positive outlook and approach situations with a constructive attitude.

Critical Thinking

The method of impartially examining and assessing a matter to reach a decision.

Skilled and Eager

Describes someone who possesses the necessary abilities or proficiency and shows a keen enthusiasm or readiness to undertake tasks.