Actuarial Analyst Resume examples & templates
Copyable Actuarial Analyst Resume examples
Ever wondered who calculates the statistical probabilities behind insurance premiums or pension plans? That's where Actuarial Analysts come in—the financial wizards who blend mathematics, statistics, and business acumen to assess and manage risk. These professionals serve as the backbone of insurance companies, consulting firms, and financial institutions, using complex models to predict future events and their financial impact. The field has evolved significantly in recent years, with actuaries now leveraging big data and predictive analytics alongside traditional statistical methods. In fact, the Bureau of Labor Statistics projects a 21% growth rate for actuarial positions through 2031—much faster than the average for all occupations.
Today's Actuarial Analysts aren't just number-crunchers; they're strategic advisors who help shape business decisions. With the rising complexity of climate risks, cybersecurity threats, and demographic shifts (hello, aging population!), the demand for skilled analysts continues to climb. If you've got a knack for mathematics and enjoy solving complex problems, this field offers a stable career path with excellent growth potential. As technology and data science continue to transform the profession, tomorrow's actuaries will find themselves at the intersection of traditional actuarial science and emerging computational methods.
Junior Actuarial Analyst Resume Example
Tyler Menendez
Phone: (612) 555-8473 | Email: tmenendez@gmail.com | LinkedIn: linkedin.com/in/tylermenendez
Minneapolis, MN 55401
Recent graduate with 1.5 years of actuarial experience combining internship and full-time roles. Passed Exam P and FM with strong scores. Excel at statistical modeling and data analysis with proficiency in R, Python, and SQL. Looking to grow in a challenging actuarial role where I can apply my analytical skills while pursuing additional certifications.
PROFESSIONAL EXPERIENCE
Actuarial Analyst | Minnesota Life Insurance Company | Minneapolis, MN | June 2023 – Present
- Support senior actuaries in pricing life insurance products by analyzing mortality tables and conducting sensitivity analysis for new product offerings
- Built Excel models that reduced monthly reporting time by 6 hours (32% efficiency gain)
- Extract and clean data from company databases using SQL, identifying $187K in potential premium adjustments
- Help prepare quarterly valuation reports for regulatory compliance and internal risk management
- Currently assisting with a special project to update legacy pricing models into R scripts
Actuarial Intern | Midwest Health Partners | St. Paul, MN | May 2022 – August 2022
- Collected and analyzed healthcare claims data to identify cost drivers and utilization patterns
- Created dashboards in Excel to visualize key performance metrics for the underwriting team
- Participated in weekly reserving meetings and learned basic IBNR calculation methods
- Helped organize and maintain policy renewal data for a portfolio of 47 group clients
Data Analysis Teaching Assistant | University of Minnesota | Minneapolis, MN | Jan 2022 – May 2022
- Assisted professor with grading assignments and providing feedback to 35 undergraduate students
- Held weekly office hours to help students with R programming and statistical concepts
- Created supplemental practice problems for midterm and final exam preparation
EDUCATION
Bachelor of Science in Mathematics | University of Minnesota | Minneapolis, MN
Concentration in Actuarial Science | Minor in Computer Science | GPA: 3.78/4.0
Graduated: May 2022
CERTIFICATIONS
Society of Actuaries (SOA) Exams:
- Exam P (Probability) – Passed January 2022
- Exam FM (Financial Mathematics) – Passed July 2022
- Exam IFM (Investment and Financial Markets) – Scheduled for November 2023
VEE Credits: Economics, Accounting & Finance (Completed)
TECHNICAL SKILLS
- Programming: R, Python, SQL, Excel/VBA
- Statistical Analysis: Regression modeling, time series analysis, predictive modeling
- Software: Tableau, Power BI, AXIS, @Risk
- Mathematics: Probability theory, calculus, statistics, financial mathematics
- Communication: Data visualization, technical documentation, presentation skills
ADDITIONAL INFORMATION
Professional Memberships: Student member of Society of Actuaries (SOA), Casualty Actuarial Society (CAS)
Volunteer: Math tutor at local high school (2021-present)
Languages: English (native), Spanish (conversational)
Mid-level Actuarial Analyst Resume Example
Elaine M. Nguyen
Boston, MA | (617) 555-8921 | enguyen@emailpro.net | linkedin.com/in/elainenguyen
Actuarial Analyst with 5+ years of experience in property & casualty insurance. Skilled in statistical modeling, pricing analysis, and reserve adequacy assessments. Passed 4 SOA exams with ASA designation in progress. Known for translating complex actuarial findings into actionable business recommendations that improved underwriting profitability by 17% for commercial auto products.
EXPERIENCE
Senior Actuarial Analyst – Liberty Mutual Insurance, Boston, MA (June 2021 – Present)
- Lead quarterly reserve reviews for $278M commercial auto portfolio, resulting in 12% reduction in adverse development through improved methodologies
- Developed predictive models to identify high-risk policies, contributing to a 9.3% loss ratio improvement in Northeast region
- Collaborate with underwriting teams to implement risk-based pricing strategies that increased new business premium by $4.2M while maintaining profitability targets
- Mentor 2 junior analysts, creating onboarding materials and providing exam support
- Automated monthly reporting process using R and SQL, reducing production time from 3 days to 4 hours
Actuarial Analyst – Travelers Insurance, Hartford, CT (August 2018 – May 2021)
- Conducted rate adequacy analyses for personal lines products across 7 states, identifying opportunities for targeted rate increases that generated $1.7M in additional premium
- Built loss triangles and applied various actuarial methods (Chain Ladder, BF, Cape Cod) to estimate ultimate losses
- Participated in catastrophe modeling team during hurricane season, helping assess potential exposures and reinsurance needs
- Created Excel macros to streamline data cleaning processes, saving team approximately 8 hours weekly
Actuarial Intern – Nationwide Insurance, Columbus, OH (May 2017 – August 2017)
- Assisted in quarterly reserve analysis for personal auto liability claims
- Gathered and validated data from multiple sources for experience studies
- Developed visual dashboards in Tableau to track key performance metrics
EDUCATION
Bachelor of Science in Mathematics, Minor in Economics
University of Michigan, Ann Arbor, MI – 2018
GPA: 3.78/4.0
CERTIFICATIONS & EXAMS
Society of Actuaries (SOA) Exams:
- Exam P – Probability (Passed July 2017)
- Exam FM – Financial Mathematics (Passed January 2018)
- Exam IFM – Investment and Financial Markets (Passed July 2019)
- Exam STAM – Short-Term Actuarial Mathematics (Passed December 2020)
- Currently studying for Exam SRM (Scheduled for March 2023)
TECHNICAL SKILLS
- Statistical Software: R (advanced), SAS (intermediate), Python (basic)
- Database: SQL, Access, Excel VBA
- Actuarial Methods: Loss reserving techniques, GLMs, credibility theory
- Data Visualization: Tableau, Power BI
- Modeling: Predictive modeling, catastrophe modeling (AIR Touchstone)
PROFESSIONAL AFFILIATIONS
Society of Actuaries (SOA), Associate member
Casualty Actuarial Society (CAS), Student member
Boston Actuarial Club, Member since 2019
Senior / Experienced Actuarial Analyst Resume Example
JONATHAN L. PARKER
Boston, MA • (617) 555-8124 • j.parker@email.com • linkedin.com/in/jonathanparker
Seasoned Actuarial Analyst with over 8 years of progressive experience in property & casualty insurance and risk management. FSA-certified with advanced expertise in predictive modeling, loss reserving, and rate making. Known for translating complex statistical analyses into actionable business insights that have improved pricing accuracy by 27% and reduced reserve variability by 19%. Skilled mentor who’s trained 14 junior actuaries while managing cross-functional projects.
PROFESSIONAL EXPERIENCE
Senior Actuarial Analyst | Liberty Mutual Insurance | Boston, MA | June 2019 – Present
- Lead a team of 5 analysts in developing and implementing pricing models for commercial auto product line generating $412M in annual premiums
- Spearheaded migration from legacy systems to cloud-based predictive modeling platform, reducing processing time by 73% and enabling real-time risk assessment
- Designed catastrophe modeling framework that identified $28.7M in potential exposure reduction opportunities across Northeast portfolio
- Created quarterly loss reserve analysis methodology that improved accuracy by 21% compared to prior approach
- Collaborate with underwriting teams to establish guidelines for specialty risk products, resulting in 14% premium growth with stable loss ratios
Actuarial Analyst II | Travelers Insurance | Hartford, CT | March 2016 – May 2019
- Performed quarterly reserve analyses for workers’ compensation line ($1.3B reserve portfolio), identifying adverse development trends and recommending $47M reserve strengthening
- Built and maintained GLM pricing models for small commercial package policies, improving rate adequacy by 8.3%
- Conducted competitive market analysis across 7 states, informing strategic rate adjustments that grew market share by 2.1% while maintaining profitability
- Mentored 3 entry-level analysts and developed training materials for statistical software packages used by actuarial department
Actuarial Analyst | The Hartford | Hartford, CT | August 2014 – February 2016
- Supported personal lines pricing team with rate filings in 12 states, ensuring regulatory compliance and timely implementation
- Analyzed loss triangles and applied various actuarial methods (chain ladder, Bornhuetter-Ferguson) to estimate ultimate losses
- Automated monthly reporting process using R and SQL, reducing production time from 3 days to 4 hours
- Assisted in ad-hoc projects including competitor rate comparisons and elasticity studies for marketing campaigns
EDUCATION & CERTIFICATIONS
Fellow of the Society of Actuaries (FSA) | Completed 2020
Associate of the Casualty Actuarial Society (ACAS) | Completed 2017 Boston University | Master of Science in Actuarial Science | 2014
University of Massachusetts Amherst | Bachelor of Science in Mathematics, Minor in Economics | 2012
Summa Cum Laude, Dean’s List all semesters, Math Honor Society
TECHNICAL SKILLS
- Statistical Software: R (advanced), Python, SAS, SQL, Tableau
- Actuarial Methods: GLM, loss reserving, credibility theory, stochastic modeling
- Specialized Tools: Emblem, Radar, Arius, ResQ, @Risk
- Regulatory Compliance: NAIC requirements, state filing procedures
- Project Management: Agile, JIRA, MS Project
ADDITIONAL INFORMATION
Conference Speaker, Casualty Actuarial Society Annual Meeting (2021) – “Incorporating Climate Change Factors in Catastrophe Models”
Volunteer, Actuaries Without Borders – Developed microinsurance models for agricultural risks in developing regions (2018-present)
Languages: English (native), Spanish (conversational)
How to Write an Actuarial Analyst Resume
Introduction
Landing that dream actuarial analyst job starts with a stellar resume. In a field where attention to detail and analytical precision matter, your resume is more than just a career document—it's your first statistical model! I've reviewed thousands of actuarial resumes over my career, and the difference between those that get interviews and those that don't often comes down to how well candidates showcase their technical abilities while demonstrating business impact. Let's break down how to create a resume that will catch the eye of hiring managers at insurance companies, consulting firms, and other organizations looking for analytical talent.
Resume Structure and Format
Keep your resume clean and structured—much like a well-organized Excel model. For actuarial positions, clarity trumps creativity.
- Length: 1-2 pages max (1 page for those with under 3 years of experience)
- Font: Stick with professional options like Calibri, Arial, or Times New Roman (10-12pt)
- Margins: 0.5-1 inch all around
- File format: PDF (maintains formatting across systems)
- Organization: Reverse chronological for work experience
White space matters! A cluttered resume suggests disorganized thinking—not what employers want in someone handling complex mortality tables or premium calculations.
Pro tip: Have a fellow actuary review your resume. They'll spot technical inconsistencies that general resume reviewers might miss. One candidate I worked with had incorrectly abbreviated "Certified Actuarial Analyst" as "CAA" instead of "CAct" on their resume—a small error that signaled unfamiliarity with the credential to hiring managers.
Profile/Summary Section
Your summary should be brief (2-4 sentences) and highlight your actuarial exam progress, years of experience, and core specialties. Avoid generic statements about being "detail-oriented"—instead, mention specific actuarial skills:
- Actuarial analyst with 3 exams passed (P, FM, IFM) and 2 years of experience in property & casualty pricing
- Proficient in R, SQL, and Excel VBA for actuarial modeling and data analysis
- Experience with loss reserving techniques and rate filing preparation
Professional Experience
For each position, include company name, location, title, and dates. Then focus on quantifiable achievements rather than just duties. Actuarial hiring managers look for evidence that you can:
- Build and validate statistical models (mention specific methodologies)
- Analyze large datasets accurately (note dataset sizes when possible)
- Communicate complex findings to non-technical stakeholders
- Improve processes (with measurable results)
For example, instead of "Responsible for pricing analysis," try: "Developed GLM pricing model that reduced rate adequacy variance by 17% across 6 product lines, leading to $2.7M in premium adjustments."
Education and Certifications
This section is crucial for actuarial roles! Include:
- Degree(s) with GPA if over 3.3
- Actuarial exams passed with dates
- Relevant coursework (statistics, probability, financial mathematics)
- Technical certifications (SAS, R, Python, etc.)
- VEE credits completed
Fresh graduates should list this section first, while experienced professionals can place it after work experience.
Keywords and ATS Tips
Many employers use Applicant Tracking Systems to filter resumes. Include these terms naturally throughout your resume:
- Technical skills: R, Python, SAS, SQL, Excel, VBA, Access
- Actuarial software: Emblem, Radar, Igloo, GEMS, Moses, Prophet
- Methodologies: GLM, predictive modeling, stochastic analysis
- Industry terms: reserving, ratemaking, valuation, mortality/morbidity analysis
Common Mistakes to Avoid
- Vague descriptions of technical abilities ("good with Excel" instead of "proficient in complex Excel functions including VLOOKUP, INDEX-MATCH, and pivot tables")
- Failing to show exam progress or study plans
- Omitting GPA when it's strong
- Using inconsistent formatting for exam names (stick with SOA/CAS standard abbreviations)
- Not tailoring your resume to the specific actuarial role (P&C vs. Life vs. Health)
Before/After Example
Before: "Assisted with pricing projects and data analysis."
After: "Conducted loss triangulation analysis on a $75M auto liability portfolio, identifying adverse development patterns that prompted a 4.2% reserve adjustment. Built Excel macro that reduced monthly report generation time from 6 hours to 37 minutes."
Remember—your resume needs to show not just technical competence but also business impact. Even entry-level candidates can highlight project work, internships, or relevant coursework in ways that demonstrate actuarial thinking and problem-solving skills. Good luck with your applications!
Related Resume Examples
Soft skills for your Actuarial Analyst resume
- Cross-functional communication with underwriters and claims teams (especially explaining complex models to non-technical colleagues)
- Project timeline management – balancing competing priorities during quarter-end reporting crunches
- Collaborative problem-solving when pricing anomalies emerge in existing models
- Mentoring junior analysts on statistical techniques and industry software
- Translating technical findings into business recommendations for senior leadership
- Adaptability to shifting regulatory requirements (survived 3 major framework changes!)
Hard skills for your Actuarial Analyst resume
- Statistical modeling using R (packages: tidyverse, dplyr, ggplot2) and Python (NumPy, pandas)
- Experience with GLMs and multivariate regression analysis for pricing models
- Catastrophe modeling using AIR and RMS platforms
- Proficient in Excel (VBA macros, pivot tables, VLOOKUP functions)
- SAS programming for large dataset manipulation and reporting
- Reserve analysis using chain-ladder and Bornhuetter-Ferguson methods
- SOA Exams completed through FSA Level (Exams P, FM, IFM, STAM, SRM)
- Experience with Prophet and MG-ALFA for life insurance modeling
- Working knowledge of SQL database queries and Tableau for data visualization