Varne. Insurance actuaries work hand to analyze risk and make premium recornmendations for cistomert: There is a careful balance between finding an appropriate value based on the risk and creating profic: for the insurance compeny. In this project, you will be an insurance actusery and will celoulate premiums based on risk level and the desired proft (expected value) of the insurance. Each person premins bifferent set of circumstances and will need to be considerert on a case by case basis. Varne. Insurance actuaries work hand to analyze risk and make premium recornmendations for cistomert: There is a careful balance between finding an appropriate value based on the risk and creating profic: for the insurance compeny. In this project, you will be an insurance actusery and will celoulate premiums based on risk level and the desired proft (expected value) of the insurance. Each person premins bifferent set of circumstances and will need to be considerert on a case by case basis