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Insurance Actuary Resume Samples (Text format)

About Me

Insurance Actuary

  • An Experienced Insurance Actuary 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
  • Extensive experience of XX years in utilizing sophisticated data analysis and techniques to measure and evaluate the risk for insurance products; designing, analyzing, and testing statistical data models to improve the knowledge base and business intelligence
  • Providing support for product development, underwriting, and sales teams; analyzing diverse data sets to produce discoveries about insured individuals and applying this to actuarial results; executing root cause analysis and applying results to insurance pricing models.
  • Deft in developing new methodologies, testing processes, and statistical reports to help optimize the accuracy of complex data; developing actuarial policies and procedures, ensuring compliance within the department and external government agencies

EDUCATION

Actuarial Science, Bachelor's degree, Completed, June 2003

Universal Business School

Karjat, Maharashtra

Work Experience

July 2012 - Current

Assistant Vice President - Risk Management Actuary

Shree Balaji Employment Services

Navi Mumbai, Maharashtra

  • 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 improve 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 the 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

January 2006 - December 2011

Insurance Actuary / Actuarial Analyst

Swiss Re

Mumbai, Maharashtra

  • 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 pricedinsurance policies and pensions and ensure plans are financially sound

Training Certifications

  • Certificate course in Foundations of Casualty Actuarial Science , 2014

Skills

  • Analytical
  • Problem-Solving
  • Computer
  • Knowledge of Business and Finance
  • Communication
  • Interpersonal 
  • Research
  • Economics
  • Legislation
  • Financial Risk
  • Risk Management
  • Actuarial Science 
  • Reinsurance 

Computer Proficiency

  • Window star3
  • Microsoft Office star3
  • Internet Applications

Languages

  • English
  • Hindi
  • Chhattisgarhi

Personal Interest

  • Yoga
  • Cycling
  • Reading Newspaper
  • Singing

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Insurance Actuary Resume Sample

Insurance Actuary Resume Sample
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