It's not so much that we're underpaid as that we are infrequently paid. Our compensation is largely based on the number of times that we are able to tell know-nothing bozos to shut up and, it seems, we have been so successful that the pool of know-nothing bozos has largely dried up. We are victims of our own success.
I, myself, have so much time on my hands that I've taken to haunting claims offices denying any claim with typos, grammatical errors, or where the claimant has a funny name or used colored ink or pencil.
'...a good word for the Actuaries and he agreed to get them bus passes and discount coupons...'
A review of our records indicates that the loss development factors used in your profit-sharing calculation were, in fact, considerably larger than originally stated. Whoops.
I should point out that releasing reserves is almost never and actuary's idea.
FCAS means never having to say you're sorry©