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What Makes A Good Actuary Resume?

This site contains hundreds of articles with resume tips along with sample resumes.  While I cannot cover every aspect of what makes a good Actuary resume, I will discuss a few of the major points below.

Actuary Jobs In USA
Actuary Jobs In UK
Actuary Jobs In Canada

Actuary Resume Tip #1:  Know the Requirements For An Actuary

To write a great Actuary resume, you first need to have a good understanding of what the job requires and what the employer is looking for.  Sometimes, it is easy to forget what our job really requires because we do it everyday.  So take a moment to think about the knowledge, skills and abilities that you should highlight in your Actuary resume.  For example, when I write a Actuary resume, this is what comes to mind for this type of work:

An Actuary forecasts and calculates the likelihood of future costs and benefits for things like insurance, pensions and so forth.  Based on these research, an actuary will develop policies, premiums, plans, contributions and benefits.  Due to their ability to quantify occurrences and conditions, an actuary will help investment companies and insurance companies estimate risk and to drive decisions.

Actuary Resume Tip #2: Highlight Core Actuary Competencies

Knowing the traits required for your Actuary job, is important because a great Actuarial Analyst or Actuary sample resume highlights the core competencies required of the job.  Core competencies are the essential traits required to be successful for Actuary jobs.  In other words, a good Actuary sample resume should highlight traits like ability to problem solve, critical thinking, mathematical ability, detail orientation and so on.

Actuary Resume Tip #3: Focus on Your Accomplishments As An Actuary

Let’s face it, employers want to hire people who can deliver results.  So mention career accomplishments in your Actuary resume that highlight the competencies and traits listed above.  This means you need to give examples of where you used your ability to problem solve, critical thinking, and detail orientation to increase revenue or decrease cost, improved efficiency and so forth.  Mention awards and recognition you earned as a Actuary.  Don’t limit yourself to just formal awards and recognition.  For example, suppose you are Sales Associate and you achieved the most sales but did not win a company award for it, mention this in your resume.

If your work as a Actuary or Actuarial Analyst is not easily measured then use social evidence such as testimonials and references to demonstrate your accomplishments on your resume.  A quote from a former employer or client inserted in your resume can show any employer that you are the one to hire.

Actuary Resume Tip #4: Don’t Be A Needle In The Haystack

Most employers today use software programs or a database to manage their resumes.  Employers use these programs to search for job candidates.  When it comes to resume search queries, one of the most often used job searches is to search for candidates by job title.  Because of this, the job title you list can determine if your Actuary resume will be found.  For example, if you work as an HR Manager but your job title is “People and Talent Manager”, you might be better off listing “Human Resource Manager” in your resume for better searchabililty. For more tips on how the job titles listed in your resume can affect your chances for landing your next job interview, check out our article “Don’t Get Pigeon Holed By Your Resume“.

Here are related job titles often listed in an Actuary resume and Actuarial Analyst resume examples:

Actuary Related Job Titles

Need to update your Actuary resumes?  Well you just in luck, in today’s post we show you a Actuary sample resume.  So blow the dust off your old Actuary resume and get ready to give it a brand new look.

In this Actuary or Actuarial Analyst sample resume, we have designed a personal marketing document that quickly convinces the manager that you are one to hire.

Review this Actuary sample resume, for ideas to help you stand out from the crowd.  Use this Actuary or Actuarial Analyst sample resume as a template and you will be well on your way to landing your next job interview.  Until our next post, we wish you much luck and success in your career search.

Learn more about this Actuary sample resume.  To find more sample resumes:

1.  Browse by sample resume category on the right side column

2.  Use the convenient search bar.

Actuary Jobs In USA
Actuary Jobs In UK
Actuary Jobs In Canada

Actuary Sample Resume, Actuarial Analyst Resume Example

DANIELLE SMITH
1234 Sample Street, Austin, Texas, USA
Cellular: 111-2222
Email: resume-example@hrinmotion.com

SUMMARY

Actuary with over 7 years of Insurance experience. Areas of expertise include property and casualty, actuarial databases, research, insurance transactions, and risk models.  Proven ability to develop rate making methods and rating plans to support strategic goals, design lines of effective pricing strategy, drive improvements in actuarial procedures and techniques.  Detailed oriented with strong problem-solving, analytical, communication, and teamwork skills. Fluent in English and French.

“Danielle’s upbeat and enthusiastic energy is contagious; organized, and professional and has gained a reputation for providing sound advice based on thorough research and client insight.  I believe Danielle would be an asset for any office she joins”

Kyle Jackson, Director of Insurance

PROFESSIONAL EXPERIENCE

Global Insurance Inc, New York, NY, 2002 – 2009
Actuary

• Actuarial Analyst for international insurance company, with specialized expertise in Property and Casualty.
• Developed and implemented new rate making methods and rating plans for 14 product lines and reduced liability by over 14%.
• Analyzed lines of business and provided recommendations regarding risk analysis to reduce over all risk by $4M.
• Recommended and line of business pricing and increased revenue by 8%.
• Monitored industry trends in the competitive market to keep current with regulations, products and market conditions.
• Collaborated with IT in the development of a new actuarial database to improve efficiency.
• Presented actuarial and financial reports to upper management and clients, explained key drivers of loss and reserves.
• Conducted claim studies which analyzing actual to expected claims and implemented 17 improvements based on results of analysis.
• Completed actuarial analysis in development of pricing strategies for improved profit margins.
• Periodically conducts rate analysis on each line of coverage.
• Assisted with all financial aspects of setting premium rates for product lines.
• Calculated financial projections and actuarial analysis to support pricing of existing and new products.

CERTIFICATIONS

Associate of the Casualty Actuarial Society ACAS.

PUBLICATIONS

Insurance News Weekly, The Future of Actuarial Analysis, 2008.

PROFESSIONAL ASSOCIATIONS

North American Actuary Society.
National Actuarial Analyst Association.

PROFESSIONAL DEVELOPMENT AND EDUCATION

Bachelors of Insurance, Idaho State University, 1998.

VOLUNTEER

Food Bank, Fundraiser, 2003 – 2009.
Cancer Society, Volunteer Trainer, 2001 – Present.

In today’s post, we focus on an Insurance Business Development or Insurance Underwriter sample resume . In this Insurance Underwriter and Business Development sample resume, we highlight the core competencies for both positions. To target an insurance underwriting position, we focus on the core skills including analytical thinking, risk management, detail orientation, strong written and oral communication. For the business development position, in addition to the above skills, we illustrate business acumen, creating problem solving, strategic planning and the ability to influence.

Insurance Sales & Business Development Manager Jobs USA

Insurance Jobs USA

Along with focusing on the above skills sets, we provide examples of the results achieved by the applicant. Not only did we focus on results but we quantified the accomplishments where possible.  Because if an insurance underwriter cannot quantify his or her career accomplishments, should they be hired?  By focusing on the core skills and results, we create a sample resume that shows the employer at a glance that this applicant is the one to hire.

If you are an aspiring insurance underwriter or business development manager, remember to stay positive in your job search. Don’t take it personally when if you have applied for an insurance job and have not been called. Unfortunately there are always more applicants than job openings.  Maybe you just need to give your  insurance underwriter or business development manager resume a new look.

Insurance Sales & Business Development Manager Jobs Canada

Insurance Jobs Canada

Insurance Jobs UK

There are many specializations within the insurance underwriting industry so try expanding your job search on job boards and job search engines. . Below are some job titles closely related to insurance underwriter and insurance business development manager.

Insurance Underwriting and Business Development Careers

Insurance Business Development Resume Example, Insurance Underwriter Sample Resume – page 1

JANE DOE

MBA, Cert CII, CPD
123 Willow Street, New York, NY, USA
Phone: 212-123-4567
Email: insurance resume @ hrinmotion.com

EXPERIENCE SUMMARY

Insurance professional with over six (6) years experience and MBA.  Solid knowledge of insurance underwriting, philosophy, techniques, national and local filing, regulations and guidelines.  Expert knowledge of the insurance industry, company strategy and processes.  Excellent written and oral communication skills.  Experience conducting facilitation and presentations to large groups.  Expert experience with risk analysis and decision making.  Responsible, detail oriented with strong organizational, analytical, problem solving, and relationship management skills.

PROFESSIONAL EXPERIENCE

GLOBAL INSURANCE, New York, NY, USA, 2005 – Present
Insurance Business Development Manager, General Insurance Division

• Manage a team and client base of 26 Brokers, 25 Agents, 9 cedents, and 30 key accounts.
• Increase opportunities for profitable new business and retention by leveraging business relationships, product knowledge and underwriting.
• Maximize profitability of company through superior agency management, development and planning. Lead rigorous agency review process, establishes strong business partnerships.
• Anticipate the needs of the agency, analyzes trends, and implements proactive strategies that best position the division.
• Communicate the underwriting appetite and generates qualified business opportunities for underwriters.
• Develop a highly disciplined approach to gathering data and information through general insurance training sessions.
• Demonstrate expertise of underwriting guidelines and maintain a broad knowledge of operations and products as well as a broad knowledge of the industry, laws and regulations.

Achievements:

• Closed over $5 million in new business exceeding goal by 60%.
• Grew revenue 35% Financial Lines, Accident & Health, Property, Energy, Casualty, Farm, Marine, Personal Lines and Small Business Solutions.
• Achieved yearly target figure in 8 months.
• Key Player in growing the motor and accident & health insurance by 100%.
• Achieved 85% growth in the GPW (Gross Premium Written) compared to last year’s figures.

MULTI-NATIONAL INSURANCE CO., Chicago, IL, USA, 2003 – 2005
Insurance Underwriter

• Negotiated, bound and closed facultative reinsurance placements.
• Prepared and negotiated the electronic reinsurance slip with reinsurance companies.
• Established quotations for different classes of business mainly life, medical and motor quotes.
• Assisted with training and mentoring of staff.
• Independently conducted full and comprehensive evaluations and risk analysis of personal lines business.
• Applied specialized knowledge to interpret applicable underwriting guidelines and regulatory standards.
• Acted on behalf of insurance carrier to accept/decline/modify/cancel and/or non-renew business as needed to protect the carrier and enhance profitability.
• Recommended underwriting exceptions, deviations, and adjustments as appropriate.
• Assessed exposure and determined conditions, terms and rates of coverage in accordance with underwriting guidelines.

Achievements:

• Marketed and underwrote $14 million in new and renewal business.
• Made over 250 quotes within farm, life, medical and motor business

EDUCATION

Masters of Business Administration, MBA, New York University, New York, NY, 2002: GPA = 3.75

Bachelor of Arts, BA Psychology, University of Toronto, Toronto, ON, 2000

Additional Certifications:

Chartered Insurance Professional – CIP designation (candidate), Insurance Institute of Canada, Toronto ON
Continuing Professional Development – CPD (candidate), Chartered Insurance Institute, London UK
Certificate In Insurance – Cert CII designation, Chartered Insurance Institute, London UK
French Baccalaureate Degree, Experimental Sciences, Champ-Ville School, Lebanon
Insurance, legal and regulatory, IF1 Course 2004
Insurance underwriting process, IF3 Course 2004
Healthcare insurance products, IF7 Course 2004
ACMI Certificate

PROFESSIONAL AFFILIATIONS

Member of L’Institut d’Assurance de Dommages du Québec, Canada
Member of the Chartered Management Institute, London UK
Member of the Chartered Insurance Institute, London UK
Member of the Faculty of Underwriting, CII, London UK
Associate Member of the Chartered Management Institute UK

Languages:

English, French and Spanish