Actuary Resume Sample

An actuary works in the insurance industry analyzing financial costs of risk. Duties include compiling statistical data, estimating potential costs associated with accidents, death, and disaster, design and administer insurance policies, writing proposals, developing charts to explain proposals, and explaining proposals to executives.

For many, writing a resume can be daunting. If you are working on your own, it is easy to become overwhelmed with the amount of information you need to include and how best to present yourself.

The sample resumes below provide great examples of how to write an effective resume.

The Best Actuary Resume Samples

These are some examples of accomplishments we have handpicked from real Actuary resumes for your reference.

Actuary Resume Sample 1

  • Implemented an international.
  • Improved the United States’ loss ratios to 1/3 of their previous ratios, opening up an additional $6 Billion in premiums.
  • Standardized all country risk factors for over 100 countries into a single system, making it possible to compare one country’s risk level to another.
  • Spearheaded the creation of the first ever computer model for real-time data analytics and underwriting management systems that could be used by any non-U.S. insurer without changes due to disparate languages or cultures around the world; contributed greatly to company revenue backlog.
  • Reconciled figures between six different databases in order to optimize pricing models for life insurance, healthcare insurance, and annuities.

Actuary Resume Sample 2

  • Developed first-pass calculations within 1 minute for personal lines insurance.
  • Recognized by the Regional Vice President as having significantly improved customer service after implementing an automated email system to prospectively generate appointment reminders, thank you letters, and cancellations.
  • Pioneered new standard of excellence in actuarial services with a 12% increase in sales productivity at branch office #12 resulting from weekly management reports used to drive strategic initiatives.
  • Earned savings of $50k per year through process improvement ideas that caused operation costs to be reduced or expenses avoided altogether.
  • Led team efforts to save time and money on projects by completing “quick win” tasks ahead of schedule while delivering high quality.

Actuary Resume Sample 3

  • Worked on the development and documentation of company product information.
  • Demonstrated an understanding in both conventional and scientific mathematics, which allowed me to develop a satisfactory solution to complex problems.
  • Consulted with clients about life insurance products offered by the company.
  • Administered financial projects for clients overseeing all planning stages from project initiation through completion of benefits distribution.
  • Assisted internal departments with statistical analyses.

Actuary Resume Sample 4

  • Analyzed historical loss data, financial reports, reinsurance agreements, and claims to identify opportunities for increased profitability.
  • Evaluated the impact of proposed capital investment decisions on an insurer’s future earnings.
  • Developed comprehensive new guidelines for the evaluation of long-term care insurance policies.
  • Pioneered a model of predictive analysis that identified trends in personal injury claim profiles to more accurately set reserves.
  • Projects included designing economic models for new products, developing pricing techniques, segmenting markets, and developing long term strategic plans for market expansion.

Actuary Resume Sample 5

  • Calculated insurance premiums for a multi-million dollar base.
  • Coordinated and communicated with brokers, sales staff, and customers to ensure that appropriate policies were issued.
  • Investigated the cause of financial loss after an unexpected natural disaster; found opportunities for improvement in risk analysis process.
  • Led successful data analysis project which increased accuracy and reduced work required by 25 percent while improving customer response time by 80 percent.
  • Resolved issues regarding premium rates and inclusive coverage while collaborating on policy wording with claims adjusters, customers, lawyers, and brokers.

Actuary Resume Sample 6

  • Provided industry-leading expertise in developing and implementing quantitative analysis, pricing, reserving, reporting, modeling, and valuation to meet the needs of our business partners.
  • Assisted in managing a $300 million project for converting company’s general ledger (CGL) to SAP; recognized by management for exceptional performance.
  • Received recognition from top executives for successful completion of training at American Actuarial Association Summer Conference.
  • Secured designation as an Associate of Society of Actuaries (ASA).
  • Presented life insurance product model at International Congress on Advances in Insurance Technologies & Actuarial Science (ICAITAS).

Actuary Resume Sample 7

  • Pioneered new insurance product; process was adopted company-wide and praised for its success.
  • Collaborated on the development of a leading life insurance software tool, which has since been downloaded by over 5,000 users in 42 countries.
  • Identified and implemented numerous ways to streamline processes and reduce costs while improving operational efficiency.
  • Earned customer satisfaction ratings at 97% after conducting workshops and seminars for agents and their clients across the United States to promote awareness of newly released products.
  • Spearheaded creation of dozens of actuarial models used by multiple departments within the organization; responsible for $350 million in benefit liabilities.

Actuary Resume Sample 8

  • Prepared for the annual review meeting by gathering information on key accounts, projects, and proposals.
  • Constructed a portfolio of more than $200 million of infrastructure assets in 6 months.
  • Launched an innovative pooling strategy that provided new value to participating buyers while reducing costs for sellers.
  • Achieved approval from Board members after presenting new accounting procedures at quarterly meeting.
  • Submitted analysis within one day after receiving client’s data; identified calculation errors saving client hours of work.

Actuary Resume Sample 9

  • Developed a process to ensure accuracy of the valuation model used in all monthly financial statement preparation.
  • Gained extensive experience working with many different types of insurance, including home, automobile, and life policies.
  • Effectively trained novices on statistical analysis software, Excel. Processed multiple assignments simultaneously without sacrificing quality or deadlines.
  • Showcased strong leadership qualities when managing junior analysts; increased efficiency in all areas of work by 25%.
  • Drafted an Operations Manual for new hires at the SEMA Group that outlined procedural processes and responsibilities.

Actuary Resume Sample 10

  • Innovated and developed new pricing analysis software, improving efficiency of the department.
  • Coordinated multiple staff for client projects; achieved success in complex client negotiations by leveraging strong working relationships with project team members.
  • Authored a number of articles on pension reform and proposed policy recommendations to Congress via congressional testimony and public speaking appearances.
  • Awarded leadership role during difficult organizational restructuring, demonstrating exceptional service to company by transitioning terminated employees under my direction.
  • Managed the preparation and publication of the Annual Statement Studies for two major clients, while designing new reporting formats based on client suggestions.

Actuary Resume Sample 11

  • Reviewed, advised, and consulted on all areas of casualty, life insurance underwriting policies.
  • Actuarially justified life insurance rates for over 100 different associations.
  • Identified several trends in the market and successfully involved management in adjusting premiums to help overcome these trends.
  • Awarded Best Insurance Analyst in my region; developed a new mortality table that increased company reserves by $11 million dollars annually.
  • Redesigned internal controls for data entry accuracy; streamlined systems to ensure consistency among all departments in meeting reporting deadlines.

Actuary Resume Sample 12

  • Pioneered new quantitative methods in the calculation of policy premiums, with resulting savings in millions of dollars to clients.
  • Designed and implemented financial models used for benchmarking analysis involving cash flow projections, bond yield calculations, and insurance rates; recognized by manager with award for excellence.
  • Assisted in commissioning of mathematical model for analysis of complex bond portfolio; received recognition from president of company.
  • Developed a sophisticated replacement cost valuation tool allowing insurance companies to price their policies accurately.
  • Identified problems with company’s existing software/computer system leading to time savings and improved accuracy through interfacing between computer systems.

Wrap Up

A bachelor’s degree in mathematics, actuarial science, statistics, or a related analytical field is required, additionally, a series of certification exams must also be completed. Preferred skills include an excellent grasp of mathematics, analytical thinking, the ability to communicate clearly and effectively, strong computer skills, problem-solving, and the ability to function in a team environment.

Resumes are a crucial aspect of any job search. In order to make a good first impression, it is important that your resume be formatted and written professionally. To create the perfect resume, think about what skills and qualities you want your future employer to see.

Hope these samples gave you an idea of what your resume should look like and some tips on how to make sure that your resume stands out from the rest.

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