ACTUARIAL INTERN SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: Nov 8, 2024 – The Actuarial Intern has completed at least one actuarial exam and experience within life insurance or reinsurance, with skills in financial reporting or reinsurance administration. This role demands proficiency in Microsoft Office, especially Excel and Access, and knowledge of actuarial software like Prophet. The intern also has strong analytical abilities, attention to detail, and a commitment to independent learning for success.

Essential Hard and Soft Skills for a Standout Actuarial Intern Resume
  • Statistical Analysis
  • Data Modeling
  • Risk Assessment
  • Programming
  • Excel Proficiency
  • Financial Reporting
  • Actuarial Software
  • Data Visualization
  • Calculus
  • Probability Theory
  • Problem-solving
  • Communication
  • Critical Thinking
  • Teamwork
  • Attention to Detail
  • Adaptability
  • Time Management
  • Initiative
  • Analytical Thinking
  • Interpersonal Skills

Summary of Actuarial Intern Knowledge and Qualifications on Resume

1. BA in Actuarial Science with 2 years of Experience

  • 1 – 3 actuarial exams passed, with an interest in pursuing FSA.
  • Experience with an actuarial internship
  • Strong technical, analytical, organizational, computer, and team skills.
  • Understanding of fixed-indexed annuity
  • Exposure to Moses or similar actuarial modeling software
  • Knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Access).
  • Ability to learn and utilize actuarial software systems.
  • Highly articulate, with strong verbal and written communication skills.
  • Self-starter who demonstrates strong initiative and displays a high energy level.
  • Team player who can function as a key member of a small group.

2. BA in Statistics with 1 year of Experience

  • Minimum of 2.5 cumulative grade point average
  • Commitment to the actuarial exam process and attainment of FSA designation.
  • Proficient with Microsoft Office Suite including Outlook, Word, Excel, and PowerPoint
  • Good written and verbal communication skills
  • Ability to work in a fast-paced environment
  • Ability to work independently and within a team environment
  • Effective listening and critical thinking skills
  • Dependable, flexible, and able to maintain confidential information
  • Effective problem-solving skills with attention to detail
  • Demonstrate ability to apply actuarial principles to complex situations.

3. BA in Data Science with 2 years of Experience

  • Completion of at least one exam with an accredited actuarial professional body
  • Working experience in life insurance/reinsurance companies
  • Previous financial reporting or reinsurance administration experience
  • Proficient in Microsoft Office and database software such as Excel and Access applications.
  • Knowledge of actuarial software Prophet is preferred but not required.
  • Excellent command of spoken and written English.
  • Self-motivated and able to work independently.
  • Intellectual curiosity and the desire to learn.
  • Attention to detail and a high degree of ownership for their areas of responsibility.
  • Strong problem-solving skills that include advanced analytical and reasoning abilities. 
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