| |
|
|
Employment
Research And Development
Department
The Actuarial Department performs one of the most important functions in the company. The review and monitoring of loss experience, underwriting success, reinsurance experience and exposures, and production provide a company with information necessary to determine rates, develop policy language, and market insurance products successfully. The Actuarial Department may also be responsible for filing rates with the state insurance department for review. In addition, research and development activities connected with the Actuarial Department could include market research and policy/product development. Actuaries must have a background in math, statistics, and other similar disciplines.
|
|
Insurance Areas
|
|