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An actuary in the finance sector primarily assesses and manages financial risks using mathematics, statistics, and financial theory. They analyze data to evaluate the likelihood of events such as market fluctuations or insurance claims, helping organizations make informed decisions about pricing, reserves, and investment strategies. Actuaries play a crucial role in developing financial products, ensuring compliance with regulations, and maintaining the financial stability of companies. Their expertise is essential for effective risk management and strategic planning in various financial contexts.

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5d ago

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