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Actuary Resume

Actuary is a business professional who mainly works in insurance companies or organizations that provide insurance services. The professional can also work in financial services organizations, health care centers, including government and private sectors. Some of the defined roles and responsibilities of the profile includes preparing insurance policies, pensions, and retirement plans. The role also demands performing complex mathematical calculations, assessing financial security systems, gathering financial and statistical data to analyze financial consequences of risk, developing strategies to minimize risks, determining accurate amount of risk for an event, developing and implementing actuary recommendations, and studying the uncertain future events related to pensions and insurances.

Resume Sample

Ronald Clark
232 N. Main Street, Cedarville, Ohio
Phone: (123) - 222-9874

Profile Summary::

Hands-on experience in gathering and analyzing financial and statistical data, calculating risk events and minimizing risk especially in insurance processes. Presently looking for a rewarding position as an actuary heading towards professional growth and development.

Core Competencies:

  • More than three years of professional experience in handling actuary tasks and activities
  • Comprehensive knowledge of financial modeling, accounting procedures and business processes
  • In-depth knowledge of mathematic concepts, calculus and statistics
  • Well versed with finance and business processes and the latest economic trends
  • Encompassing knowledge of financial risk analysis methods and procedures
  • Excellent analytical, problem solving and communication skills
  • Ability to communicate effectively
  • Strong management and organizational skills

Educational Qualifications:

Bachelor's Degree in Business Administration - Finance
Ohio University, 2009

Professional History:

Organization: OGC Financial Services, Ohio
Duration: Jan 2011 till date
Designation: Actuary

  • Handled actuarial modeling functions and financial reporting activities for the organization
  • Completed the task of evaluating and ensuring that the activities and work flow comply with standard taxation and financial reporting requirements
  • Fulfilled responsibilities related to evaluating and monitoring of actuarial modeling, financial reporting and modeling activities
  • Provided key modeling support to meet the requirements of business and financial domains
  • Conducted planning and developing of effective and standard strategies for developing actuarial procedures and updating the same to the senior management
  • Handled responsibility of supporting external and internal auditors in actuarial modeling activities
  • Assisted insurance as well as other departments of the organization in performing key tasks
  • Conducted key actuarial modeling to generate standard plan projections by following Generally Accepted Accounting Principles (GAAP)

Organization: Security Investors Group, Ohio
Duration: June 2009 to Dec 2010
Designation: Assistant Actuary

  • Assisted senior staff in evaluating and qualifying financial uncertainties and risks
  • Performed responsibilities of designing and validating financial models to provide key support in decision-making process
  • Performed financial data analysis and financial risk management under the guidelines enforced by the department
  • Prepared reports and updated them for evaluation to the senior staff
  • Performed responsibilities of assisting the staff in handling special projects as and when required
  • Provided support in annual financial auditing and budgeting procedures

Along with a profile document, it is important that your job application also consists a professionally drafted cover letter. In order to know the format for writing an actuary cover letter click here.

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