Skilled in analyzing the financial costs of risk and uncertainty; using mathematics, statistics, and financial
theory to assess the risk that an event will occur and help businesses and clients develop policies that
minimize the cost of that risk
PROFILE SUMMARY
Extensive experience of XX years in utilizing sophisticated data analysis and techniques to measure
and evaluate risk for insurance products; designing, analyzing and testing statistical data models in
order to improve knowledge base and business intelligence
Providing support for product development, underwriting and sales teams; analyzing diverse data sets
to produce new discoveries about insured individuals and apply this to actuarial results; executing root
cause analysis and apply results to insurance pricing models.
Deft in developing new methodologies, testing processes, and statistical reports to help optimize
accuracy of complex data; developing actuarial policies and procedures, ensuring compliance within
the department and external government agencies
ORGANIZATIONAL EXPERIENCE
Since MM YY | XYZ Ltd, Delhi | Insurance Actuary
Key Result Areas:
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of
future benefits
Collaborate with programmers, underwriters, accounts, claims experts, and senior management to
help companies develop plans for new lines of business or improving existing business
Construct probability tables for events such as fires, natural disasters, and unemployment, based on
analysis of statistical data and other pertinent information
Design, review and help administer insurance, annuity and pension plans, determining financial
soundness and calculating premiums
Determine equitable basis for distributing surplus earnings under participating insurance and annuity
contracts in mutual companies
Determine or help determine company policy, and explain complex technical matters to company
executives, government officials, shareholders, policyholders, and/or the public
Determine policy contract provisions for each type of insurance
Explain changes in contract provisions to customers
Manage credit and help price corporate security offerings
Provide advice to clients on a contract basis, working as a consultant
Provide expertise to help financial institutions manage risks and maximize returns associated with
investment products or credit offerings
Testify before public agencies on proposed legislation affecting businesses
Key Highlights:
Any existing systems/ processes streamlined???? Results obtained????
Major assignments handled????
Any unique initiative taken to improve customer satisfaction level???? Any major accounts/clients handled???
Awards/appreciation letters received???? Other relevant achievements????
MM YY – MM YY | ABCD Ltd, Delhi | Insurance Actuary
Key Result Areas:
Prepared monthly and quarterly financial reports
Used pricing models to perform analysis
Monitored market for current prices and products and prepare competitive analysis reports
Handled preparation and submission for filings of long-term care rates
Designed and priced insurance policies and pensions and ensure plans are financially sound
Key Highlights:
Any existing systems/ processes streamlined???? Results obtained????
Major assignments handled????
Any unique initiative taken to improve customer satisfaction level???? Any major accounts/clients handled???
Awards/appreciation letters received???? Other relevant achievements????
EDUCATION
YYYY
Bachelor’s Degree in Actuarial Science from ABC College, Delhi
TECHNICAL PURVIEW
MS Office – Word, Excel & PowerPoint
Internet Applications
PERSONAL DETAILS
Date of Birth: 01st October 1981 | Languages Known: English & Hindi
