You conduct profitability and cost calculations. To this end, you determine the costs in the event of a claim and take other financial factors into account, such as the inflation rate and administrative and staffing costs.
You monitor and design competitive rates and rate systems. You are also involved in billing.
You calculate, for example, premiums, arrange for the payment of insurance benefits, perform financial evaluation calculations, and calculate and allocate assets and cash reserves.
You calculate company profits.
In the health and life insurance field, you compile statistics and other figures. These statistics contain data on risks, population structure, and mortality rates, for example.
