Which of the following is not a duty of an actuary?
A) Calculate rates
B) Calculate dividends
C) Calculate loss reserves
D) Identify individual exposures that are going to have a loss

Question

Quizplus · Accepted Answer

Identifying individual exposures that are going to have a loss is typically the responsibility of underwriters, not actuaries. Actuaries are responsible for calculating rates, dividends, and loss reserves based on statistical analysis and modeling.

Which of the Following Is Not a Duty of an Actuary