Actuary Resume Samples, Tips, and Templates

Actuary professionals are responsible for measuring the risks and their possible financial impact in order to put in place ways to minimize damages or at least decrease the costs associated with accidents. This role implies analyzing a lot of data. The actuary produces statistical models which predict the potential outcomes in case of a negative event such an earthquake, flood, fire, death or even stock price change.

To become an actuary you are required to have completed a degree in actuarial science, but business, finance, statistics or math graduates can also apply, since mostly you need to have a good understanding of cause and effect relations, the way economy works and what are the implications of negative events.

When applying for a actuary job you need a solid base in quantitative analysis and a good understanding of applicable laws and regulations, so you can formulate recommendations within the legal framework.

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Tips for Actuary Resumes

Math & computer wizard

Actuaries use various types of data to respond to the questions posed by their job requirements and they are expected to have extensive knowledge about models, statistics, calculus and computing probabilities to assess the magnitude of certain risks, including those related to insurances, pension funds and hazardous events.

Since the pen and paper method went out of fashion in the mid 90’s, it is expected from an actuary to perform the computational duties of their job in dedicated software and to present the results in a digital manner.

Communication Skills

Actuaries need to put their findings in simple words and come up with reports that are intended for the non-specialists. Their verbal abilities are equally important, since most of the times they function as part of a team including other professionals, such as accountants, IT and business analysts as well as members of the management team.

Good interpersonal skills are necessary to negotiate the duties of each team member in the projects that the actuary is part of.

Doing your part

Given that actuaries do their job in a multidimensional and cross-functional environment, collaborating with different other departments it is advisable that they are able to collaborate efficiently with colleagues, distributing the tasks according to skill levels and putting together results to draft the final recommendations.

Actuary Resume Samples

The following resume samples and templates for actuary can help you get a better idea of what your resume can look like.

When applying to work as an actuary, try to highlight in your resume the strong points such as a great outstanding results or awards you received.

Additional Actuary Resume Tips

• Training abilities – Actuaries can design systems that help the client asses their own risks. In order to make full use of these they need to receive proper training. Being able to provide this is a plus and should be highlighted in the resume.
• Don’t forget about numbers – Since the actuaries work with numbers, it is advisable to impress your future employer by using quantitative measures of your achievements. Think about the most relevant KPIs in your work and give some examples of what you can offer.

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