ASSOCIATE ACTUARY RESUME EXAMPLE

The Associate Actuary revolutionizes the rate setting and pricing process by enhancing the infrastructure with advanced data capabilities and a centralized pricing data repository, enabling a comprehensive view of the capital market, sales, profitability, and crediting rate data. Modernization efforts include the development of on-demand profitability reporting tools, like Power BI dashboards, and the transition to a unified modeling platform for scalable analytical tool creation across all product suites. These initiatives support the seamless integration of new pricing frameworks, improve rate setting and renewal for diverse annuities products, and ensure robust leadership in financial reporting and model management processes.

Tips for Associate Actuary Skills and Responsibilities on a Resume

1. Associate Actuary Resume Format

Job Summary:

  • Coordinate and lead pricing deliverables for product initiatives in partnership with the Project Management Office (PMO) and Product Management
  • Oversee pricing model development and analysis including direct independent contribution, delegation to actuarial students, or consultation of Actuaries for their expertise
  • Present analysis and escalate as appropriate via AAG and PMPC
  • Provide input and opine on the progress and design of product initiatives including pricing impacts from a risk, profitability, or delivery perspective
  • Develop and demonstrate thought leadership on model governance, risk management, and best practices
  • Take a supporting and lead role with other Actuaries in maintaining and enhancing pricing infrastructure such as models, reports, documentation, and spreadsheets
  • Includes automation, audibility, and compliance with policies and standards
  • Support the AVP and product Actuarial with the production of analysis or materials required for interdepartmental working groups
  • Collaboration, or education on relevant product development or pricing-related topics other departments include Sales, CPP, Corporate Actuarial, Capital Management, or Risk Management
  • Communicate key messages and actionable data with internal and external stakeholders at multiple levels.
  • Showcase best practices, knowledge, and successes via actuarial events such as town halls or volunteering with an industry body


Skills on Resume: 

  • Project Management (Soft Skills)
  • Pricing Analysis (Hard Skills)
  • Communication Skills (Soft Skills)
  • Strategic Thinking (Soft Skills)
  • Thought Leadership (Soft Skills)
  • Technical Proficiency (Hard Skills)
  • Interdepartmental Collaboration (Soft Skills)
  • Stakeholder Management (Soft Skills)

2. Associate Actuary Resume Model

Job Summary:

  • Initiate, organize, direct and/or analyze actuarial research and audits.
  • Develop actuarial assumptions and/or policy values. 
  • Develop and/or maintain profit studies, reserve non-forfeiture values, GAAP PC-based programs and rate files/procedures.
  • Collaborate with other departments in order to identify and execute value creation opportunities.
  • Work closely with Product Management to prepare financial forecasts to achieve profitability and growth goals.
  • Prepare actuarial portion of financial reports and/or tax returns.
  • Provide actuarial information to produce revenue forecasts and financial reports.
  • Diagnose problems and/or areas for improvement
  • Design and execute solutions to improve business performance.
  • May supervise and/or train actuarial staff.
  • Own specific models and/or regularly produced actuarial metrics.


Skills on Resume: 

  • Research and Audit Management (Hard Skills)
  • Actuarial Assumption Development (Hard Skills)
  • Financial Analysis and Modeling (Hard Skills)
  • Cross-Functional Collaboration (Soft Skills)
  • Financial Forecasting (Hard Skills)
  • Financial Reporting and Compliance (Hard Skills)
  • Data Analysis and Forecasting (Hard Skills)
  • Problem-Solving and Business Improvement (Soft Skills)

3. Associate Actuary Resume PDF Editor

Job Summary:

  • Revolutionizing the rate setting infrastructure through process improvements and Pricing transformation initiatives, re-imagining the way we produce and share pricing results
  • Expanding our data capabilities by developing a centralized Pricing data repository to store capital market, sales, profitability, and crediting rate data
  • Modernizing our profitability reporting through self-service/on-demand solutions, such as Power BI dashboards
  • Supporting the Pricing team’s transition to a single modeling platform and creating highly scalable analytical tools that can be used interchangeably across the entire product suite
  • Assessing and integrating new pricing frameworks into the rate setting process
  • Supporting rate setting and rate renewal processes for a variety of annuities products, including the new flagship product FlexGuard
  • Provide leadership for monthly and quarterly GAAP, statutory, and tax reserve production processes
  • Designing and overseeing execution of controls to support production and model change management processes
  • Working with internal data management, assumption development, analytics, model governance, and model development teams, as well as external vendors, to implement valuation model changes
  • Identifying and implementing process improvements for the valuation team


Skills on Resume: 

  • Process Improvement Skills (Hard Skills)
  • Data Management and Analysis (Hard Skills)
  • Technological Proficiency (Hard Skills)
  • Modeling and Analytical Skills (Hard Skills)
  • Knowledge of Pricing Frameworks (Hard Skills)
  • Annuities Product Knowledge (Hard Skills)
  • Financial Reporting Expertise (Hard Skills)
  • Process Design and Governance (Hard Skills)

4. Associate Actuary Resume Template

Job Summary:

  • Support and review both Valuation and Pricing assumptions for Group Insurance products, specifically for Life, Short Term Disability, and Supplemental Health products
  • Perform experience studies and identify key driver of changes
  • Communicate and present results to gain alignment from various stakeholders
  • Drive process improvements and changes from technology perspective for Group Insurance Actuarial team
  • Collaborate with business partners to improve understanding of assumptions produced by Actuarial team
  • Comply with internal and external regulatory requirements
  • Supporting external requests (experience studies, pricing, audit, finance, corporate actuarial, etc.)
  • Uses analysis tools such as R, SAS, and Excel to create custom ad hoc analyses to support the needs of internal and external partners.
  • Updates, produces, and distributes a variety of regular monthly, quarterly, and annual reports.
  • Conducts peer reviews of analysis and reports produced by teammates.
  • Interprets and communicates results of analyses to executives, business unit leaders and external clients.


Skills on Resume: 

  • Actuarial Knowledge (Hard Skills)
  • Experience Studies (Hard Skills)
  • Communication and Presentation (Soft Skills)
  • Process Improvement and Technological Aptitude (Hard Skills)
  • Collaboration (Soft Skills)
  • Regulatory Compliance (Hard Skills)
  • Analytical Tools Proficiency (Hard Skills)
  • Reporting and Review (Hard Skills)

5. Associate Actuary Resume Sample

Job Summary:

  • Analyze economic business performance of our top clients using existing forecasting technology including Prophet and SQL. 
  • Push beyond typical reporting into true business value
  • Analysis into the key underlying drivers of business performance
  • Push the limits of our traditional actuarial and financial analysis and transform how we dissect economic performance, reserving, and financial planning while also working with the Financial Development, marketing, and FPandA teams to bring the most value to SCOR.
  • Bring a flexible mindset open to working on different high-profile projects outside of a typical quarterly reporting or rotation cycle
  • Serve as an ambassador for the Corporate Actuarial department across the organization, providing insight and value derived from a detailed understanding of our clients, our models and the underlying business
  • Bring a mindset of challenging the status quo, driven by a curious mind and an eagerness to dig in and truly understand a problem and recommend solutions 
  • Desire to continuously improve processes, analysis, and reporting while re-shaping how both the Corporate Actuarial department and SCOR globally thinks about our business, our clients, and our financials


Skills on Resume: 

  • Advanced-Data Analysis (Hard Skills)
  • Critical Thinking and Problem-Solving (Hard Skills)
  • Strategic Thinking (Hard Skills)
  • Collaboration and Communication (Soft Skills)
  • Adaptability (Soft Skills)
  • Ambassadorship (Soft Skills)
  • Innovation and Creativity (Soft Skills)
  • Continuous Improvement (Soft Skills)

6. Associate Actuary Resume PDF Maker

Job Summary:

  • Gain a thorough understanding of the existing models, the methods and assumptions incorporated in them, and the associated valuation requirements and modeling applications.
  • Maintain knowledge of current and emerging developments/trends for modeling and for annuity regulatory requirements and advise on modeling solutions.
  • Collaborate with colleagues throughout the Annuity/Retirement Plan Services Valuation and Modeling (ARVM) team and with business unit partners, to design and implement model changes and test and present the results.
  • Participate in the development of modeling approaches for new products, methods, and assumptions.
  • Present results of model enhancement projects to ARVM leadership and business unit partners.Modeling Process Development
  • Collaborate with colleagues to identify and recommend improvements to modeling processes, and then implement and document the changes.
  • Develop tools to improve model efficiency and gain insight into the analysis of results.
  • Model Validation and Governance
  • Develop, expand, and maintain spreadsheet tools used to validate MG-ALFA results.
  • Create and maintain proper documentation of model changes and validation results.


Skills on Resume: 

  • Financial Modeling Expertise (Hard Skills)
  • Market Awareness (Hard Skills)
  • Collaboration Skills (Soft Skills)
  • Innovative Thinking (Soft Skills)
  • Communication Skills (Soft Skills)
  • Process Improvement (Hard Skills)
  • Tool Development (Hard Skills)
  • Model Validation and Governance (Hard Skills)

7. Associate Actuary Resume Download

Job Summary:

  • Performs key actuarial functions including new product pricing
  • Evaluation of the impact of new legislation, flexible benefit consulting, and special projects.
  • Manage all aspects of the Medical Economics quantification process as it relates to forecasting, monitoring, and reporting.
  • Value and track proposed and ongoing medical management and contracting initiatives for management for Puerto Rico Medicare Advantage and Medicaid business
  • Interact with Medical Management, Analytics, and Informatics departments
  • Analyze large data sets identifying opportunities, trends, and various drivers of trends
  • Analyze key managed care indicators and compare to benchmarking data, and/or past performance
  • Partner and collaborate with other functional areas of the company to identify and share modeling best practices, including modeling assumptions.
  • Champion and enhance organizational initiatives by positively influencing and supporting change management and/or departmental initiatives within assigned area(s) of responsibility.
  • Serve as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects.


Skills on Resume: 

  • Actuarial Analysis (Hard Skills)
  • Medical Economics (Hard Skills)
  • Data Analysis (Hard Skills)
  • Contracting and Value Tracking (Hard Skills)
  • Interdepartmental Collaboration (Soft Skills)
  • Benchmarking Analysis (Hard Skills)
  • Modeling Expertise (Hard Skills)
  • Change Management (Soft Skills)

8. Associate Actuary Resume Online Editor

Job Summary:

  • Play a lead role in transitioning actuarial modeling system from Moses to AXIS
  • Understand current data needs and help design how to best pass data into AXIS
  • Develop and communicate solutions to various modeling questions and requests
  • Provide AXIS technical support to various actuarial function units
  • Perform fundamental analysis to validate the reasonableness and correctness of model output
  • Assist in testing, reconciling and implementing AXIS calculations prior to going live
  • Help develop and maintain a strong control environment
  • Create and maintain the documentation of current product features and assumptions in the AXIS model
  • Assist in optimizing the hardware architecture supporting AXIS
  • Quickly develop an in-depth understanding of Company's existing products and processes
  • Understand the relationships among systems for assigned business area as well as interfacing systems and recognizes the interdependencies.


Skills on Resume: 

  • Expertise in Actuarial Modeling (Hard Skills)
  • Data Management Skills (Hard Skills)
  • Problem-solving and Communication (Soft Skills)
  • Technical Support (Hard Skills)
  • Analytical Skills (Hard Skills)
  • Testing and Implementation (Hard Skills)
  • Control Environment Management (Soft Skills)
  • Documentation and Optimization (Hard Skills)

9. Associate Actuary Resume PDF Download

Job Summary:

  • Support development and enhancement of actuarial models used for determining LTC justified rate increases
  • Development of actuarial tools and processes for support of LTC Inforce Pricing
  • Analyze projected cashflows to determine the relative performance of LTC Inforce blocks of business
  • Support the development of actuarial assumptions related to rate increase approvals
  • Document tools and processes used in the development of assumptions
  • Work with other departments and teams, both internal and external, to get data needed to support rate increase analysis
  • Support ad hoc requests for assistance on product issues
  • Assist in developing and executing model controls and governance structures.
  • Work with a team of professionals on a variety of modeling projects, including implementation, validation, and the communication of results.


Skills on Resume: 

  • Actuarial Modeling (Hard Skills)
  • Data Analysis (Hard Skills)
  • Actuarial Assumptions Development (Hard Skills)
  • Documentation Skills (Hard Skills)
  • Interdepartmental Collaboration (Soft Skills)
  • Problem-Solving (Soft Skills)
  • Model Controls and Governance (Hard Skills)
  • Team Collaboration (Soft Skills)