ACTUARY RESUME EXAMPLE

Published: Nov 13, 2024 – The Actuary analyzes the impact of data changes and collaborates with clients to adjust premiums and financial settlements effectively. This role conducts experience analyses and proposes adjustments to best estimate assumptions while maintaining and developing models to meet collateral requirements. The actuary also manages retrocession arrangements, ensures compliance with treaty terms, and evaluates risks for new transactions to safeguard financial outcomes.

Tips for Actuary Skills and Responsibilities on a Resume

1. Actuary, Apex Insurance Solutions, Dallas, TX

Job Summary: 

  • Maintain and enhance enforce guidelines outlining acceptable terms, negotiation options, and escalation points for new longevity transactions
  • Enhance framework for monitoring risk metrics concerning key risk (longevity, deferred lives, collateral, liquidity)
  • Ensure effective monitoring of risk limits and KRIs, escalating issues with actionable recommendations
  • Support Data Lag Initiative and administration system transition from JLT to TAI
  • Using in-depth knowledge of applicable capital regimes, support initiatives to manage longevity capital requirements and risk limits
  • Actively participate in cross-functional collateral optimization and system initiatives
  • Drive innovation in longevity/collateral processes to achieve scalability and improve controls
  • Support the development of junior staff and help drive team engagement
  • Support the Longevity team in the hiring process for co-op students
  • Provide feedback/recommendations to support deal teams in the treaty negotiations and to mitigate risk, escalating when necessary


Skills on Resume: 

  • Risk Management (Hard Skills)
  • Negotiation (Soft Skills)
  • Data Analysis (Hard Skills)
  • Knowledge of Capital Regimes (Hard Skills)
  • Team Leadership (Soft Skills)
  • Cross-Functional Collaboration (Soft Skills)
  • Process Improvement (Hard Skills)
  • Training and Development (Soft Skills)

2. Actuary, Brightpath Risk Advisors, Phoenix, AZ

Job Summary: 

  • Provides actuarial and underwriting expertise to increase new business and profitability.
  • Underwrite and price new business and renewal Medical Stop Loss opportunities with precise accuracy.
  • Develop write-ups, summaries, pricing, and projections for quotes
  • Communicates proactively with brokers and clients
  • Execution of indications and quotes for new opportunities
  • Program Management of (in-force) business
  • Monitor and measure financial results for profitability
  • Review facultative cases regarding compliance and ensure profitability
  • Conducts underwriting audits on Medical Stop Loss programs
  • Specify, implement, and document the major/minor evolutions to be made to the internal model


Skills on Resume: 

  • Actuarial Expertise (Hard Skills)
  • Underwriting Skills (Hard Skills)
  • Pricing Strategy (Hard Skills)
  • Effective Communication (Soft Skills)
  • Program Management (Hard Skills)
  • Financial Analysis (Hard Skills)
  • Compliance Review (Hard Skills)
  • Audit Skills (Hard Skills)

3. Actuary, Redwood Financial Services, Denver, CO

Job Summary: 

  • Develop a deep knowledge of the business through financial reporting and ongoing solvency monitoring.
  • Work with colleagues across other areas within Finance and Risk to support the delivery of financial reporting in line with regulatory deadlines.
  • Deliver and develop the analysis and reporting of valuation results to ensure results are well-explained and accurately communicated to senior stakeholders
  • Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
  • Be accountable for ensuring the team the role supports is delivering a quality service or product
  • Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
  • Delivers outputs that are clearly defined, using discretion over how to achieve them
  • Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations
  • Running the Capital Model and extracting data for onward processing
  • Take responsibility for profits and loss analysis


Skills on Resume: 

  • Financial Reporting (Hard Skills)
  • Solvency Monitoring (Hard Skills)
  • Data Analysis (Hard Skills)
  • Stakeholder Communication (Soft Skills)
  • Quality Assurance (Soft Skills)
  • Problem Solving (Soft Skills)
  • Capital Modeling (Hard Skills)
  • Profit and Loss Analysis (Hard Skills)

4. Actuary, Nova Risk Consulting, Portland, OR

Job Summary: 

  • Work with the onshore Actuarial Projects team and the ALSL Actuarial department as one team to ensure that the deliverables of the department are met
  • Checking, reviewing, and owning deliverables
  • Delivering agreed deliverables accurately and on time
  • Keeping stakeholders continuously informed of progress, risk, issues, blockers, etc
  • Developing and maintaining excellent communications with the manager, team members, customers, and stakeholders
  • Maintaining a balanced approach to risk, demonstrated application of risk management principles applied throughout design and implementation
  • Supporting other Actuarial teams and projects
  • Produce the ORSA projections, in interaction with the other departments involved (Risk Management, Investments, Accounting, and Management Control)
  • Be the contact person for the Risk Department concerning questions related to the quantitative aspects of the ORSA
  • Contribute to the quarterly runs of the internal model, from data preparation to economic capital analysis


Skills on Resume: 

  • Project Management (Soft Skills)
  • Deliverable Ownership (Hard Skills)
  • Stakeholder Communication (Soft Skills)
  • Risk Management (Hard Skills)
  • Team Collaboration (Soft Skills)
  • ORSA Projections (Hard Skills)
  • Data Analysis (Hard Skills)
  • Economic Capital Analysis (Hard Skills)

5. Actuary, Summit Risk Group, Tampa, FL

Job Summary: 

  • Build, maintain, and iterate statistical models to inform pricing strategy for the company’s products
  • Leverage existing and new data sources to identify data features to improve risk model and underwriting guidelines
  • Develop underwriting criteria recommendations supported by data
  • Partner with product managers and engineers to implement pricing adjustments and improve the capture of underwriting and claims data
  • Support the development of new insurance products through analytics in product design, portfolio management techniques, and rate filings
  • Synthesize work to effectively communicate the core takeaways and recommendations for the executive team and external insurance partners
  • Adapt traditional actuarial methods to unique insurance models to analyze portfolio performance, model ultimate loss estimates, and drive loss mitigation strategies
  • Lead monthly reporting of claims and underwriting profitability performance
  • Support the Insurance and Compliance team on regulatory filings and requests.
  • Provide specialist technical advice and guidance on the application of actuarial principles and tools to support business objectives, coaching and guiding less experienced members of the team


Skills on Resume: 

  • Statistical Modeling (Hard Skills)
  • Data Analysis (Hard Skills)
  • Underwriting Criteria Development (Hard Skills)
  • Cross-Functional Collaboration (Soft Skills)
  • Product Development Analytics (Hard Skills)
  • Communication Skills (Soft Skills)
  • Actuarial Methods Adaptation (Hard Skills)
  • Regulatory Compliance Support (Hard Skills)

6. Actuary, Horizon Actuarial Partners, Raleigh, NC

Job Summary: 

  • Assists in consultative opportunities with clients to monetize-based data analytics
  • Collaborate with the VP of Research Analytics with the construction of all decrement-based assumptions for applications
  • Work with team on applicable business units in constructing all decrement-based assumptions for applications for non-life business
  • Coordinates with underwriting and pricing in expanding statistically-based analytics regarding AUW programs
  • Works collaboratively with underwriting, pricing, valuation, and other business units on enhancing data analytics toolkit
  • Assists in training key employees on the data analytics toolkit and troubleshooting issues
  • Works collaboratively with the VP of Research Analytics in constructing the data analytics toolkit enhancing statistically based research capabilities.
  • Develop and write an actuarial opinion on the Group's reinsurance structure
  • Produce and be accountable for the technical accuracy of financial information to support the production of actuarial analysis and reports


Skills on Resume: 

  • Data Analytics (Hard Skills)
  • Consultative Skills (Soft Skills)
  • Assumption Development (Hard Skills)
  • Collaboration (Soft Skills)
  • Training and Development (Soft Skills)
  • Technical Writing (Hard Skills)
  • Financial Analysis (Hard Skills)
  • Problem-Solving (Soft Skills)

7. Actuary, Veritas Actuarial Consulting, Minneapolis, MN

Job Summary: 

  • Supporting, insight, and analysis for commercial initiatives
  • Designing and implementing process improvement projects
  • Working with BAU teams to implement model and methodology improvements
  • Designing and implementing  improvements to processes, methodologies, modeling, and reporting  
  • Working with business stakeholders  to engage, gain agreement, and sign off on initiatives
  • Managing the quality of deliverables, performing validation, and sign-off   
  • Maintain a balanced approach to risk and applying an application of risk management principles in all phases of design and implementation
  • Manage complex client casework including the analysis of risk, structuring, pricing, and optimization of reinsurance programs
  • Provide actuarial support across a broad portfolio of clients, specializing in casualty classes including professional lines and liability
  • Perform detailed analysis of clients' portfolios to understand key drivers and changes in pricing to support market placements


Skills on Resume: 

  • Data Analysis (Hard Skills)
  • Process Improvement (Hard Skills)
  • Stakeholder Engagement (Soft Skills)
  • Quality Management (Hard Skills)
  • Risk Management (Hard Skills)
  • Client Case Management (Soft Skills)
  • Actuarial Support (Hard Skills)
  • Portfolio Analysis (Hard Skills)

8. Actuary, Silverstone Insurance Services, Salt Lake City, UT

Job Summary: 

  • Provide expert analysis and interpretation of complex operational data that influences operating results.
  • Lead projects that keep the product line positioned for financial stability and profitable growth. 
  • Defining, facilitating, analyzing, recommending, and coordinating the implementation of systems, processes, or procedures, and appropriate use of actuarial data.
  • Collaborate with product line teams to develop product and service enhancements and management information reports.
  • Supervise the preparation of exhibits, forms, and other media to fulfill statutory and reporting requirements of state insurance departments and other outside agencies.
  • Design and direct the effective use of data projection techniques for actuarial analyses. 
  • Design and direct reports for measuring operating results and management information purposes.
  • Design and direct the effective use of data reporting procedures and actuarial methods to regularly and adequately produce reports and analyses for management information purposes.
  • Create and implement data quality assurance programs to ensure the integrity and quality of data. 
  • Resolve data quality issues.


Skills on Resume: 

  • Data Analysis (Hard Skills)
  • Project Leadership (Soft Skills)
  • Actuarial Data Interpretation (Hard Skills)
  • Collaboration (Soft Skills)
  • Regulatory Compliance (Hard Skills)
  • Data Projection Techniques (Hard Skills)
  • Reporting Procedures Design (Hard Skills)
  • Data Quality Assurance (Hard Skills)

9. Actuary, Liberty Risk Management, Columbus, OH

Job Summary: 

  • Support the delivery of regulatory and internal reporting requirements
  • Perform Swiss Solvency Test and Solvency II calculations
  • Identify and implement improvement measures for internal processes
  • Participate in the certification of statutory provisions and analysis for the closing of the accounts
  • Ensure the correctness of figures by participating in IT specifications and testing
  • Determine New Business profitability and coordinate with the pricing department
  • Administer reinsurance treaties
  • Participate in the group project to introduce the new IFRS reporting standards until 2023
  • Provide business support to the Operations and Sales teams
  • Identify and present areas of the work where improvements may be made enabling tasks to be completed in a more efficient manner


Skills on Resume: 

  • Regulatory Reporting (Hard Skills)
  • Solvency Calculations (Hard Skills)
  • Process Improvement (Hard Skills)
  • Financial Analysis (Hard Skills)
  • IT Specifications and Testing (Hard Skills)
  • Profitability Analysis (Hard Skills)
  • Reinsurance Administration (Hard Skills)
  • Business Support (Soft Skills)

10. Actuary, Evergreen Insurance Partners, Seattle, WA

Job Summary: 

  • Develop and maintain the Group’s Internal Model, to support regulatory (Solvency II), risk appetite, ORSA, and economic capital calculations, including leading submissions for future model changes.
  • Ensure the ongoing maintenance of a fully documented Internal Model that complies with all Solvency II tests and standards on an ongoing basis.
  • Implement first-line Internal Model validation activities following the validation framework and facilitate appropriate action in response to validation findings.
  • Regularly review the internal rating methodology for LTM senior notes
  • Support capital impact assessments for Group projects.
  • Ensure BAU processes run efficiently and deliver robust results.
  • Contribute to the delivery of an annual recalibration of the Internal Model risks to ensure the Internal Model remains up to date. 
  • Contribute to the delivery of the annual proxy restructure review
  • Internal Model aligned to the IM development log
  • Assess the capital model implications of Group projects. Identify risks, issues, and opportunities that could impact the capital position. 
  • Support Project Owners to ensure projects are implemented in a capital-efficient way.
  • Prepare analysis to support papers for the Internal Model Governance Forum (‘IMGF’) to report on the activities related to the Internal Model to assist the Group CRO in managing the model.


Skills on Resume: 

  • Internal Model Development (Hard Skills)
  • Regulatory Compliance (Hard Skills)
  • Validation Activities (Hard Skills)
  • Rating Methodology Review (Hard Skills)
  • Capital Impact Assessment (Hard Skills)
  • Process Efficiency (Hard Skills)
  • Risk Assessment (Hard Skills)
  • Analytical Reporting (Hard Skills)

11. Actuary, Blue Ridge Actuarial Solutions, Richmond, VA

Job Summary: 

  • Identify and analyze the impact of data changes in the enforce file, and work with clients to establish revised premium and financial settlement
  • Conduct experience analysis and leverage insights to propose appropriate changes to best estimate assumptions, and comment on income expectations
  • Identify and analyze root causes of deviations from plan and/or original pricing to support communication to executives and senior management groups
  • Maintain, enhance, and develop collateral models to estimate current and ongoing collateral needs
  • Gain in-depth knowledge of the collateral provisions to ensure compliance with the treaty requirements and oversee cures
  • Analyze sensitivity runs concerning the potential variability of GFS collateral needs, including detailed explanations of any period-over-period changes
  • Manage external retrocession arrangements, providing required reporting to retro partners, ensuring compliance with treaty terms
  • Support implementation of new retrocession agreements
  • Using an in-depth knowledge of the key longevity risks (longevity, collateral, deferred lives) and processes, conduct a comprehensive assessment of risk characteristics for proposed new transactions
  • Review the risk analysis and treaty documents for new or amended transactions, highlighting any potential areas of heightened risk


Skills on Resume: 

  • Data Analysis (Hard Skills)
  • Experience Analysis (Hard Skills)
  • Root Cause Analysis (Hard Skills)
  • Collateral Modeling (Hard Skills)
  • Regulatory Compliance (Hard Skills)
  • Sensitivity Analysis (Hard Skills)
  • Risk Assessment (Hard Skills)
  • Contract Review (Hard Skills)