Insurance Actuary Resume Sample

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????

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 pricedinsurance 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????