An upcoming “Behind The Scenes” episode, hosted by Laurence Fishburne, will discuss actuarial science and its role in the finance and insurance industries.
MIAMI (PRWEB) JULY 26, 2019
The Basics of Actuarial Science
During an episode hosted by Laurence Fishburne, viewers will learn about the basics of actuarial science. The episode will focus on the way actuaries in the finance or insurance industries come to their conclusions using statistical data and risk analysis to determine potential outcomes for the future.
In the case of insurance, the actuary focuses on the risks associated with individual’s and their behavior based on statistical data. For example, an actuary would note the higher risk of accidents among teenaged drivers due to their lack of driving experience and would factor that risk into the cost of their insurance policy. In the case of actuarial science in finance, the risk analysis focuses on the potential of the stock market or other types of investments. It uses historical data and statistics to clarify the potential for losses and strives to limit the risks via proper analysis of the data.
The Quality of “Behind The Scenes”
“Behind The Scenes” is an informative show that focuses on educating the audience about a topic of discussion. It goes into depth about the topic and strives to provide accurate data by double checking the information and ensuring that it meets the high standards of the program. Due to the high standards set by the program, it has won many awards.