What does the cryptic crossword clue "Most insightful, in a way, given university assessment (8)" mean?

The definition is "Most insightful". The wordplay uses a charade (building blocks). A (abbreviation="a") + ST (abbreviation="way,") + U (abbreviation="university") + TEST (synonym="assessment") = ASTUTEST; definition: "Most insightful," The answer is ASTUTEST.

Most insightful, in a way, given university assessment (8)

Guardian Cryptic #29174 | 20 Across | 2023-09-13 flower

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