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actuarial intern: Resume Samples & Writing Guide
Employment history
Chief Actuarial Intern, Liberty Mutual Boston, Massachusetts
April 2020 – Present
- Assist in the development of rate filings and other regulatory documents
- Analyze and interpret data for various insurance products
- Prepare and analyze financial statements and other reports
Actuarial Intern, AIG New York, New York
November 2018 – March 2020
- Support actuarial audits and examinations
- Prepare actuarial analyses and develop models to support pricing and reserving
- Assist in the development of actuarial assumptions
Junior Actuarial Intern, Liberty Mutual Boston, Massachusetts
November 2017 – October 2018
- Prepare actuarial reports and presentations
- Analyze financial data and develop actuarial projections
- Assist in the development of actuarial assumptions
Education
University of Pennsylvania, Philadelphia, Pennsylvania
Doctor of Business Administration in Insurance, September, 2017
University of Pennsylvania, Philadelphia, Pennsylvania
Bachelor of Science in Risk Management, September, 2013
Skills
Teamwork
Financial Management
Problem Solving
Computer Literacy
Statistical Analysis
Actuarial Mathematics
Microsoft Excel
R Programming
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Professional Summary
Highly experienced Actuarial Intern with a proven track record of success in the Insurance industry. Skilled in data analysis and risk management, with a keen eye for detail and a commitment to delivering results.
Employment history
Lead Actuarial Intern, MetLife New York, New York
April 2010 – Present
- Participate in the development of actuarial processes and procedures
- Participate in the development of actuarial pricing strategies
- Support actuarial audits and examinations
Associate Actuarial Intern, Allstate Northbrook, Illinois
April 2009 – March 2010
- Monitor and analyze industry trends
- Participate in the development of actuarial pricing strategies
- Develop actuarial pricing models and support rate filings
Jr. Actuarial Intern, Nationwide Columbus, Ohio
September 2008 – March 2009
- Prepare actuarial reports and presentations
- Assist in the development and implementation of actuarial models
- Develop actuarial pricing models and support rate filings
Education
University of Pennsylvania, Philadelphia, Pennsylvania
Master of Arts in Business Administration and Insurance, August, 2008
University of Pennsylvania, Philadelphia, Pennsylvania
Bachelor of Arts in Insurance and Financial Services, August, 2004
Skills
Organization
Problem Solving
Coaching
Communication
Data Analysis
SQL
Modeling
Coding
Professional Summary
Highly experienced Actuarial Intern with a proven track record of success in the insurance industry. Skilled in data analysis, risk assessment and problem solving to identify opportunities and develop effective strategies.
Employment history
Chief Actuarial Intern, AIG New York, New York
October 2013 – Present
- Develop actuarial pricing models and support rate filings
- Assist in the development of rate filings and other regulatory documents
- Assist in the development of actuarial assumptions
Actuarial Intern, Farmers Insurance Los Angeles, California
April 2012 – September 2013
- Participate in the development of actuarial processes and procedures
- Prepare and analyze financial statements and other reports
- Participate in the development of new products and services
Jr. Actuarial Intern, State Farm Bloomington, Illinois
April 2011 – March 2012
- Participate in the development of actuarial pricing strategies
- Analyze and interpret data for various insurance products
- Prepare actuarial analyses and develop models to support pricing and reserving
Education
University of Illinois, Urbana, Illinois
Doctor of Science in Risk Management, February, 2011
University of Illinois, Urbana, Illinois
Bachelor of Arts in Insurance and Financial Services, March, 2007
Skills
Adaptability
Time Management
Analytical
Teamwork
Coding
R Programming
Data Analysis
Regulatory Compliance
Employment history
Lead Actuarial Intern, Progressive Mayfield Village, Ohio
May 2016 – Present
- Assist in the development of rate filings and other regulatory documents
- Analyze and interpret data for various insurance products
- Support actuarial audits and examinations
Associate Actuarial Intern, Progressive Mayfield Village, Ohio
May 2015 – April 2016
- Participate in the development of new products and services
- Participate in the development of actuarial processes and procedures
- Assist in the development of actuarial assumptions
Jr. Actuarial Intern, USAA San Antonio, Texas
December 2013 – April 2015
- Develop actuarial pricing models and support rate filings
- Monitor and analyze industry trends
- Assist in the development and implementation of actuarial models
Education
University of Wisconsin, Madison, Wisconsin
Bachelor of Arts in Business Administration and Insurance, October, 2013
Skills
Attention to Detail
Critical Thinking
Decision Making
Social Media
SAS Programming
Database Management
Risk Management
Actuarial Mathematics
Employment history
Lead Actuarial Intern, Travelers Hartford, Connecticut
October 2015 – Present
- Perform ad-hoc analysis and research projects
- Assist in the development and implementation of actuarial models
- Support actuarial audits and examinations
Actuarial Intern, Farmers Insurance Los Angeles, California
April 2015 – October 2015
- Assist in the development of actuarial assumptions
- Assist in the development of rate filings and other regulatory documents
- Participate in the development of actuarial processes and procedures
Entry Level Actuarial Intern, USAA San Antonio, Texas
November 2013 – March 2015
- Analyze and interpret data for various insurance products
- Assist in the development and implementation of actuarial models
- Prepare actuarial reports and presentations
Education
University of Illinois, Urbana, Illinois
Property & Casualty Insurance, September, 2013
Skills
Documentation
Collaboration
Database Management
Creativity
Database Management
Modeling
SAS Programming
Risk Management
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actuarial intern Job Descriptions; Explained
If you're applying for an actuarial intern position, it's important to tailor your resume to the specific job requirements in order to differentiate yourself from other candidates. Including accurate and relevant information that directly aligns with the job description can greatly increase your chances of securing an interview with potential employers.
When crafting your resume, be sure to use action verbs and a clear, concise format to highlight your relevant skills and experience. Remember, the job description is your first opportunity to make an impression on recruiters, so pay close attention to the details and make sure you're presenting yourself in the best possible light.
1
actuarial intern
- Compiled information from company databases using SAS
- Checked accuracy of actuarial memorandum and quarterly rate filings
- Performed beginning level analyses for utilization in rate determination for different lines of business
- Communicated key observations and trends to actuarial manager for consideration
- Experience analysis
- Collected and analyzed data to be used in company reports
- Prepared and verified factors and data utilized in rate analyses
2
actuarial intern
- Financial Reviews for pension funds and reporting – giving an assessment of the financial position of a fund
- Assisting on the Actuarial valuation exercises – specifically data checks, liability calculation, sensitivity analysis
- Lapse analysis – calculating and analyzing lapse rates
- Calculation of Group Life Assurance, Funeral and Ill-Health rates
- Capital and annuity value calculations
- Monthly unit pricing and reporting for investment products
- Monthly expense analysis and reporting – involved calculation of expense ratios and indices
3
actuarial intern
- Understanding life insurance product specifications
- Breaking down cashflow to calculate statutory reserve in excel model
- Policy value calculations and preparation of the investment statements
- Assistance on the commission of inquiry exercise
4
actuarial intern
- Analyzing the motor insurance data by calculating the IR and claim severity month on month basis using the tools like MS Excel, R and Tableau,
- Preparing run-off triangles to model claims experience and predict future claims based on some assumptions.
- Working closely with underwriters to learn about travel and health product pricing, coverage and modification of policy documents.
- Collect and analyze travel data of other companies to compare and review our product.
5
actuarial intern
- Reviewed production and activity loss reports.
- Performed data manipulations using Microsoft Excel.
- Prepared accurate financial statements at end of quarter.
- Created ad hoc reports on various data.
- Used graphical and quantitative analysis to analyze pricing models.
actuarial intern Job Skills
For an actuarial intern position, your job skills are a key factor in demonstrating your value to the company and showing recruiters that you're the ight fit for the role. It's important to be specific when highlighting your skills and ensure that they are directly aligned with the job requirements, as this can greatly improve your chances of being hired. By showcasing your relevant skills and experience, you can make a compelling case for why you're the best candidate for the job.
How to include technical skills in your resume:
Technical skills are a set of specialized abilities and knowledge required to perform a particular job
effectively. Some examples of technical skills are data analysis, project management, software proficiency,
and programming languages, to name a few.
Add the technical skills that will get hired in your career
field with our simple-to-use resume builder. Select your desired resume template, once you reach the skills
section of the builder, manually write in the skill or simply click on "Add more skills". This will
automatically generate the best skills for your career field, choose your skill level, and hit "Save &
Next."
- Data Analysis
- Project Management
- Quality Assurance
- Database Management
- Risk Management
- Technical Writing
- Business Analysis
- Statistical Analysis
- Programming
- Modeling
- Actuarial Mathematics
- Financial Modeling
- Microsoft Excel
- SAS Programming
- SQL
- Insurance Industry Knowledge
- Regulatory Compliance
- Coding
- R Programming
- VBA
- Financial Analysis
How to include soft skills in your resume:
Soft skills are non-technical skills that relate to how you work and that can be used in any job. Including
soft skills such as time management, creative thinking, teamwork, and conflict resolution demonstrate your
problem-solving abilities and show that you navigate challenges and changes in the workplace
efficiently.
Add competitive soft skills to make your resume stand-out to recruiters! Simply select
your preferred resume template in the skills section, enter the skills manually or use the "Add more skills"
option. Our resume builder will generate the most relevant soft skills for your career path. Choose your
proficiency level for each skill, and then click "Save & Next" to proceed to the next section.
- Communication
- Interpersonal
- Leadership
- Time Management
- Problem Solving
- Decision Making
- Critical Thinking
- Creativity
- Adaptability
- Teamwork
- Organization
- Planning
- Public Speaking
- Negotiation
- Conflict Resolution
- Research
- Analytical
- Attention to Detail
- Self-Motivation
- Stress Management
- Collaboration
- Coaching
- Mentoring
- Listening
- Networking
- Strategic Thinking
- Negotiation
- Emotional Intelligence
- Adaptability
- Flexibility
- Reliability
- Professionalism
- Computer Literacy
- Technical
- Data Analysis
- Project Management
- Customer Service
- Presentation
- Written Communication
- Social Media
- Troubleshooting
- Quality Assurance
- Collaboration
- Supervisory
- Risk Management
- Database Management
- Training
- Innovation
- Documentation
- Accounting
- Financial Management
- Visualization
- Reporting
- Business Acumen
- Process Improvement
- Documentation
- Relationship Management.
How to Improve Your actuarial intern Resume
Navigating resume pitfalls can mean the difference between landing an interview or not. Missing job descriptions or unexplained work history gaps can cause recruiters to hesitate. Let's not even talk about the impact of bad grammar, and forgetting your contact info could leave your potential employer hanging. Aim to be comprehensive, concise, and accurate.
Frank Brown 19 Sycamore Avenue, Quemado, TX 78877
Employment history
Lead Actuarial Intern, Allstate Northbrook, Illinois
August 2018 – Present
- Prepare actuarial analyses and develop models to support pricing and reserving
- Prepare actuarial reports and presentations
- Develop actuarial pricing models and support rate filings
Actuarial Intern, AIG New York, New York
February 2018 – July 2018
- Participate in the development of actuarial processes and procedures
- Assist in the development and implementation of actuarial models
- Assist in the development of rate filings and other regulatory documents
Entry Level Actuarial Intern, State Farm Bloomington, Illinois
August 2016 – January 2018
Education
University of Wisconsin, Madison, Wisconsin
Insurance Brokerage, June, 2016
Skills
Planning
Collaboration
Organization
Supervisory
Statistical Analysis
Risk Management
Quality Assurance
Programming
Include your Contact Information and Job Descriptions
Missing job descriptions lessens your chances of getting hired.
Key Insights- Employers want to know what you've accomplished, so make sure to include descriptions for all of your previous jobs.
- Keep job descriptions short but don't just list your jobs.
- Never copy-paste a job description to post on your resume. Get inspired and use tools to help you write customized descriptions.
How to Optimize Your actuarial intern Resume
Keep an eye out for these resume traps. Neglecting to detail your job roles or explain gaps in your career can lead to unnecessary doubts. Grammar blunders can reflect negatively on you, and without contact information, how can employers reach you? Be meticulous and complete.
Employment history
Chief Actuarial Intern, Allstate Northbrook, Illinois
June 2013 – May 2022
- Assist in the developing of actuarial assumtions.
- Prepear and anaylze financial statments and other reportss.
- Par-ticipate in the develop-ment of new prod-ucts and serv-ices.
Associate Actuarial Intern, Nationwide Columbus, Ohio
December 2011 – May 2013
- Analize financail data and develop actuaral projections.
- Mointor and anaylze industry trends.
- Develp actuail priicing models nd suport rate filngs.
Jr. Actuarial Intern, USAA San Antonio, Texas
June 2011 – November 2011
- Assist in the developement of actuarial assumtions.
- Assist in the developement and implimentation of actuarial models.
- Pariticpate in the developement of actuarail pricing stratagies.
Education
University of Washington, Seattle, Washington
Bachelor of Science in Business Administration and Insurance, April, 2011
Skills
Presentation
Business Acumen
Computer Literacy
Strategic Thinking
Database Management
Quality Assurance
Actuarial Mathematics
SQL
Correct Grammar and Address Gap Years in Your Resume
Don't leave unexplained gaps in your work history.
Key Insights- When explaining gaps in your employment section, start by being honest.
- Elaborate on the gap and show that you never stopped learning.
- Explain and elaborate any gap in your work history by highlighting new skills.
actuarial intern Cover Letter Example
A cover letter can be a valuable addition to your job application when applying for an actuarial intern position. Cover letters provide a concise summary of your qualifications, skills, and experience, also it also gives you an opportunity to explain why you're the best fit for the job. Crafting a cover letter that showcases your relevant experience and enthusiasm for the Accounts Payable role can significantly improve your chances of securing an interview.
Jr. Actuarial Intern
Farmers Insurance
Los Angeles, California
Farmers Insurance
Los Angeles, California
To the respected Farmers Insurance Recruitment Team
I am a highly motivated Actuarial Intern with 6 years of experience in Insurance. I am excited to submit my application for the Jr. Actuarial Intern position at Farmers Insurance, where I believe my skills and expertise would be an excellent fit.
Throughout my life, I have pursued my passion for Risk Management and sought out opportunities to learn and grow. My experience in Insurance has given me valuable skills such as Teamwork and Financial Management that have allowed me to improve professionally and personally. I am excited to bring these skills and my passion as a Actuarial Intern to the position and work with a team of like-minded individuals to achieve our common goals.
Thank you for considering my application for the Jr. Actuarial Intern position. With my skills and the amazing team at this organization, I am assured that I can contribute to your organization's success and make a meaningful impact. Looking forward to a future where we can work together.
With gratitude,
Danny Gray
648-851-1736
[email protected]
Danny Gray
Showcase your most significant accomplishments and qualifications with this cover
letter.
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Build your Resume in 15 minutes
Give yourself the best chance of standing out from the
competition!
Create an awesome resume that meets the expectations of potential employers with our selection of professional, field-tested resume templates.
Create an awesome resume that meets the expectations of potential employers with our selection of professional, field-tested resume templates.