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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


Actuarial Science, Bachelor's degree, Completed, 2003-06-01

Universal Business School

Marks null,

Karjat, MH

Work Experience

2012-07-01 - Current

Assistant Vice President - Risk Management Actuary

Shree Balaji Employment Services

Navi Mumbai, MH
  • 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

2006-01-01 - 2011-12-01

Insurance Actuary / Actuarial Analyst

Swiss Re

Mumbai, MH
  • 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


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


  • Chhattisgarhi
  • Hindi
  • English

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Insurance Actuary Resume Sample

Insurance Actuary Resume Sample

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