Podcast
Questions and Answers
Which of the following best describes an actuary?
Which of the following best describes an actuary?
- A business professional who deals with the measurement and management of risk and uncertainty (correct)
- A statistician who specializes in asset management and liability management
- A financial advisor who provides assessments of financial security systems
- A mathematician who studies probability and annuities
What is the name of the field that an actuary works in?
What is the name of the field that an actuary works in?
- Financial planning
- Risk management
- Actuarial science (correct)
- Asset management
What skills are required for actuaries in the 21st century?
What skills are required for actuaries in the 21st century?
- Advanced mathematical skills and programming knowledge
- Legal knowledge and expertise in compliance
- Analytical skills, business knowledge, and an understanding of human behavior (correct)
- Communication skills and sales expertise
Flashcards
Actuary
Actuary
A business professional who deals with the measurement and management of risk and uncertainty.
Actuarial Science
Actuarial Science
The field in which actuaries work, applying mathematical and statistical methods to assess risk in insurance, finance, and other industries.
Skills for 21st-century Actuaries
Skills for 21st-century Actuaries
Analytical skills, business knowledge, and an understanding of human behavior.
