Professional Summary
Detail-oriented and analytical Junior Actuary with a strong foundation in statistical analysis and risk assessment. Experienced in utilizing mathematical models to analyze data and predict future trends. Proven track record of delivering accurate and insightful financial forecasts to support strategic decision-making. Adept at communicating complex information to stakeholders and collaborating with cross-functional teams to drive business growth.
WORK EXPERIENCE
Actuarial Analyst
March 2019 - Present
ABC Insurance Company | City, State
- Conducted risk analysis and developed pricing models for various insurance products, resulting in a 15% increase in profitability.
- Collaborated with underwriters to assess policy risks and recommend appropriate pricing adjustments, leading to a 10% reduction in claim payouts.
- Prepared actuarial reports and presented findings to senior management to support strategic planning and decision-making processes.
- Utilized predictive modeling techniques to forecast future claim trends, resulting in a 20% improvement in accuracy.
- Assisted in the development of new insurance products by analyzing market trends and competitor offerings, contributing to a 25% increase in market share.
Assistant Actuary
June 2017 - February 2019
XYZ Financial Services | City, State
- Assisted in the calculation of reserves and liabilities, ensuring compliance with regulatory requirements and industry standards.
- Conducted data analysis to identify trends and patterns in insurance claims, leading to a 10% reduction in fraudulent activities.
- Collaborated with the finance team to develop financial projections and budgets, resulting in a 5% increase in revenue.
- Participated in the annual review of pricing models and assumptions to ensure accuracy and relevance.
- Provided support in the preparation of actuarial valuations and financial reports for internal and external stakeholders.
Actuarial Intern
May 2016 - August 2016
DEF Consulting Group | City, State
- Assisted senior actuaries in analyzing data and performing statistical tests to assess risk exposure.
- Conducted research on industry trends and best practices to support actuarial decision-making processes.
- Prepared presentations and reports for client meetings, showcasing analytical findings and recommendations.
- Developed proficiency in actuarial software and tools to enhance data analysis and modeling capabilities.
- Participated in team meetings and training sessions to expand knowledge of actuarial principles and practices.
EDUCATION
Bachelor of Science in Actuarial Science,
XYZ University
May 2017