ACTUARIAL CONSULTANT RESUME EXAMPLE

Published: Nov 8, 2024 – The Actuarial Consultant provides actuarial leadership for product development, balancing growth, market needs, and regulatory standards. This role involves overseeing pricing models and filings to ensure compliance and accurate product representation. The consultant also supports system development and risk management, ensuring consistency in product design and assumptions across the organization.

Tips for Actuarial Consultant Skills and Responsibilities on a Resume

1. Actuarial Consultant, Milliman, Portland, OR

Job Summary: 

  • Support and provide leadership to a multitude of initiatives related to efficient and accurate financial reporting at the product line level.
  • Collaborate with the underwriting team in creating risk-appropriate innovative pricing options for large and complex client relationships.
  • Lead data and analytics efforts to support and drive data-driven decision-making, coordinating with Enterprise Data and Analytics as appropriate.
  • Lead in evaluating the risk and financial implications resulting from competitive and environmental changes.
  • Participate in annual experience and product studies and communicate the results to division management and Securian’s Enterprise actuarial unit.
  • Perform quantitative analysis of drug utilization and cost data
  • Develop and review ad hoc exhibits based on detailed data sets
  • Assist in the development and preparation of quarterly financial forecasts
  • Become a trusted advisor of relevant internal and external stakeholders to ensure the highest client satisfaction
  • Support other Actuarial functions.


Skills on Resume: 

  • Financial Reporting (Hard Skills)
  • Risk Assessment (Hard Skills)
  • Data Analysis (Hard Skills)
  • Pricing Strategy Development (Hard Skills)
  • Quantitative Analysis (Hard Skills)
  • Stakeholder Management (Soft Skills)
  • Communication Skills (Soft Skills)
  • Leadership and Collaboration (Soft Skills)

2. Actuarial Consultant, Optimum Re, Little Rock, AR

Job Summary: 

  • Develop rate level indications and other information in support of rate filings.
  • Deliver work product on time.
  • Take responsibility for clarification of business requirements.
  • Effective communication of results and conclusions.
  • Perform quality reviews of other consultant’s work.
  • Take responsibility for responsive to project inquiries.  
  • Maintain and update existing pricing models and assist in the development of new pricing models/tools
  • Familiarization with various internal and external data sources.
  • Helping explain unintuitive results
  • Drive automation of production processes
  • Extract, analyze, aggregate, and interpret quantitative data


Skills on Resume: 

  • Rate Level Indications Development (Hard Skills)
  • Time Management (Soft Skills)
  • Business Requirements Clarification (Soft Skills)
  • Effective Communication (Soft Skills)
  • Quality Review (Hard Skills)
  • Responsiveness to Inquiries (Soft Skills)
  • Pricing Model Development (Hard Skills)
  • Data Analysis and Interpretation (Hard Skills)

3. Actuarial Consultant, The Segal Group, Atlanta, GA

Job Summary: 

  • Contribute to R3S model developments to support the R3S product proposition.
  • Assist the Sales function with R3S demonstrations and POCs.
  • Lead and work on client implementation projects, providing guidance to junior actuarial staff – a billable target may be set.
  • Utilize a strong understanding of current actuarial methodologies, quantitative and qualitative aspects
  • Apply this knowledge practically as part of a modeling exercise and communicate well to clients or other team members both verbally and in written documentation. 
  • Look to become an R3S modeling ‘expert’ by developing a strong understanding of the structure/scope of the R3S system 
  • Use this knowledge to apply a problem-solving approach to unique or complex modeling requirements.
  • Work on the R3S support help desk.
  • Support testing of future R3S releases by producing test models and working as part of the test team.
  • Support the development team with specifications and sign off on delivered functionality


Skills on Resume: 

  • R3S Model Development (Hard Skills)
  • Sales Support and Demonstrations (Soft Skills)
  • Project Management (Soft Skills)
  • Actuarial Methodology Knowledge (Hard Skills)
  • Effective Communication (Soft Skills)
  • Problem-Solving Skills (Soft Skills)
  • Testing and Quality Assurance (Hard Skills)
  • Technical Documentation (Hard Skills)

4. Actuarial Consultant, Pinnacle Actuarial Resources, Bloomington, IL

Job Summary: 

  • Preparation of actuarial valuations for pension plan funding and accounting
  • Review of portions of work related to actuarial valuations
  • Review data reconciliation and reconciliation of plan assets prepared by other members of the team
  • Review of pension benefit calculations and other pension administration
  • Attends meetings, drafts reports, and presentations, and plans materials for clients
  • Maintains relationships with clients
  • Works with current and prospective clients to grow business
  • Works on internal development projects
  • Takes direction from, and supports, senior team members
  • Assists with special projects and tasks


Skills on Resume: 

  • Actuarial Valuation Preparation (Hard Skills)
  • Data Reconciliation (Hard Skills)
  • Pension Benefit Calculation Review (Hard Skills)
  • Report Writing and Presentation Skills (Soft Skills)
  • Client Relationship Management (Soft Skills)
  • Business Development (Soft Skills)
  • Project Management (Soft Skills)
  • Team Collaboration (Soft Skills)

5. Actuarial Consultant, Lewis & Ellis, Dallas, TX

Job Summary: 

  • Support the development and documentation of Fixed Annuities
  • Analyze requirements for deficiency and work with stakeholders to resolve issues uncovered.
  • Model development for BAU changes.
  • Perform unit testing and peer review.
  • Help on the CFT project in terms of model setup and development.
  • Database conceptual re-design
  • Enhance the documentation quality and coverage.
  • Perform quantitative analysis on Actuarial, financial, utilization, and cost data
  • Develop and deploy predictive data models on large data sets
  • Collaborate and communicate effectively with broader product teams, while supporting ad-hoc analytics where needed
  • Design and run complex data programs


Skills on Resume: 

  • Fixed Annuities Development (Hard Skills)
  • Requirement Analysis (Hard Skills)
  • Model Development (Hard Skills)
  • Unit Testing and Peer Review (Hard Skills)
  • Database Design (Hard Skills)
  • Documentation Enhancement (Hard Skills)
  • Predictive Data Modeling (Hard Skills)
  • Effective Collaboration and Communication (Soft Skills)

6. Actuarial Consultant, Crouch & Co., Richmond, VA

Job Summary: 

  • Proactivity to achieve a deep understanding of the main trends that are shaping the industry
  • Suggest commercial approaches and offerings that might help to better meet industry needs
  • Active role to achieve expertise in one or several areas of interest, being able to be recognized as a subject matter expert
  • High-quality delivery, being able to exceed client expectations with a low level of supervision, managing relationships with key members of the client, and anticipating potential risks
  • Create sound relationships with clients as part of a “best in class” delivery
  • Generate sound relationships with other Accenture teams from Iberia as a lever to achieve know-how, materials, and tools that might be useful for delivery
  • Lead commercial proposals elaboration, being able to generate a sound version of most of the contents (methodological approach, scope, deliverables, credentials, etc.)
  • Active role in team building identifying areas of improvement, and suggesting the implementation of ideas to improve talent management
  • Contribute to assignments in the domains of risk management, Solvency II, and IFRS
  • Design, implement, review, and audit quantitative models for the calculation of insurance liabilities and capital requirements


Skills on Resume: 

  • Industry Trend Analysis (Hard Skills)
  • Commercial Strategy Development (Hard Skills)
  • Subject Matter Expertise (Soft Skills)
  • Client Relationship Management (Soft Skills)
  • Collaboration and Networking (Soft Skills)
  • Proposal Development (Hard Skills)
  • Team Building and Talent Management (Soft Skills)
  • Quantitative Model Design and Audit (Hard Skills)

7. Actuarial Consultant, Aon Hewitt, Birmingham, AL

Job Summary: 

  • Update reserve studies for new or additional years of data, including commercial and personal lines of business. 
  • Perform tech reviews of formulas/data entry
  • Perform competitive research including identifying targeted competitor filings and extracting key data items
  • Extracting and/or summarizing annual statement data
  • Take responsibility for preparing return on equity exhibits
  • Completing actuarial transmittal forms in all U.S. jurisdictions for new program and rate change filings
  • Updating rate/rule manual pages to reflect proposed/approved revisions
  • Updating support for rate/rule filings
  • Advise on balance sheet management issues, like stochastic reserving, economic capital, ALM, and replicating portfolios
  • Contribute to business development in this domain, both nationally and internationally


Skills on Resume: 

  • Reserve Study Updates (Hard Skills)
  • Technical Review (Hard Skills)
  • Competitive Research (Hard Skills)
  • Data Extraction and Summarization (Hard Skills)
  • Return on Equity Exhibit Preparation (Hard Skills)
  • Actuarial Transmittal Form Completion (Hard Skills)
  • Rate/Rule Manual Update (Hard Skills)
  • Balance Sheet Management Advisory (Soft Skills)

8. Actuarial Consultant, HPM Partners, Kansas City, MO

Job Summary: 

  • Provide financial, analytical, actuarial, statistical, programming, and data management expertise for a wide variety of specialty group insurance products (dental, vision, life, and disability)
  • Review data for reasonableness, consistency, and completeness, and identify/resolve questionable values
  • Manage work that is hands-on, project-oriented, self-directed, less structured, and complex
  • Deliver quality results against aggressive timelines and across multiple projects while maintaining process standards and controls
  • Work independently and collaboratively with internal customers to deliver technical solutions that add business value and yield actionable recommendations
  • Serve as a resource to others
  • Drive clear and concise communications with all key stakeholders (both technical and non-technical)
  • Understanding the life and P&C business, risks, and financials of clients in the insurance industry
  • Building and maintaining statistical models that deliver relevant insights about the risks, reserves, and solvency position of clients
  • Documenting and communicating such insights internally and externally at every organizational level


Skills on Resume: 

  • Financial and Analytical Expertise (Hard Skills)
  • Data Review and Validation (Hard Skills)
  • Project Management (Soft Skills)
  • Quality Results Delivery (Soft Skills)
  • Technical Solutions Development (Hard Skills)
  • Stakeholder Communication (Soft Skills)
  • Insurance Industry Knowledge (Hard Skills)
  • Statistical Model Development (Hard Skills)

9. Actuarial Consultant, Rudd & Wisdom, Minneapolis, MN

Job Summary: 

  • Provide leadership, analysis, and decision-making relative to Individual Solutions product development balancing sales growth objectives, market needs, regulatory constraints, administrative and illustration system integration, risk management, and profitability.
  • Create and/or oversee product pricing models and increase pricing capabilities to provide results on a Stat, GAAP, Capital, or Economic Value view
  • Draft policy forms for products and riders to accurately describe features and benefits, taking into account all state and SEC regulatory requirements, as well as providing appropriate risk mitigation options and consistency with marketplace standards.
  • Oversee preparation of actuarial supporting documents for state filings and the SEC filing process.
  • Apply holistic product and risk management knowledge to provide actuarial and business input to ensure consistency between administrative practices, policy form language, systems, sales materials, illustrations, etc.
  • Provide leadership and product expertise through participation in system development and testing for administration, illustration, and marketing systems to ensure values are accurate and consistent with product design
  • Provide product expertise as liaison to Securian Business Services and Actuarial COEs to communicate new product designs and facilitate peer review of assumptions or product mechanics in models or tools used for financial reporting, capital analysis, or DAC.
  • Represent Individual Solutions on one or more corporate committees.
  • Communicate results and drive approval from division leadership and other key stakeholders.
  • Actively participate in Individual Solutions enforce management and experience study creation/review.


Skills on Resume: 

  • Product Development Leadership (Soft Skills)
  • Pricing Model Oversight (Hard Skills)
  • Regulatory Compliance Knowledge (Hard Skills)
  • Actuarial Document Preparation (Hard Skills)
  • Holistic Risk Management (Hard Skills)
  • System Development and Testing (Hard Skills)
  • Stakeholder Communication (Soft Skills)
  • Experience Study Participation (Soft Skills)