MANAGEMENT

Detailed explanation-1: -One who calculate insurance and annuity premium is known as actuary. Actuary basically deals with management and measurement of risks and uncertainty. An actuary is often described as an business professional. Was this answer helpful?

Detailed explanation-2: -actuary, one who calculates insurance risks and premiums.

Detailed explanation-3: -The actuary will apply statistical methods, risk theory and external trends such as inflation in order to calculate premiums within groupings of clients sharing predictive attributes of risk.

Detailed explanation-4: -Actuaries predict insurance company costs, then help them set premiums and design policies based on those numbers. Actuaries can specialize in a particular kind of insurance, such as life insurance, health insurance, car insurance or liability insurance.