An Actuarial Intern typically carries out the same duties and tasks as a graduate actuary; the only difference is that these interns learn the trade by working as interns. The major duties listed on the Actuarial Intern Resume include the following – managing day to day tasks like email, and attending meetings; scanning documents and formatting presentations, extracting and manipulating data from systems, analyzing statistical data, computer modeling of statistics, preparing presentations and reports, and evaluating complex risks.
Career progression is bright for those depicting the following skills and abilities – excellent numerical skills, researching and analytical abilities, a deep understanding of economics and legislation governing financial services, specialized software knowledge, and the ability to use technical methods. In order to enter this occupation, candidates should have achieved qualifications in mathematics and also a CAA certification.
Objective : Highly motivated graduate, enthusiastic, versatile, caring professional, strong willed, innovative and a hardworking individual who has very strong interest in national development.
Roled Purpose Ensuring Statistical analysis, Loss ratio reports, Scheme renewals invitation.
Contributed to Production development Responsibilities.
Prepared various underwriting reports i.e. quarterly claims analysis reports.
Calculated loss ratio per client to establish their performance prior to renewal.
Ensured all statistical information is accurate and correct.
Set up of scheme limits and premium rates in IT systems.
Handled inquiries from intermediaries, members, claims team, service providers, etc.
Experience
2-5 Years
Level
Junior
Education
Actuarial Science
Actuarial Intern/Executive Resume
Objective : Self-starter actuarial candidate that passed actuarial exams and MFE/3F. Completed Applied Statistics M.S. program with Actuarial Science concentration at NDSU.
Skills : Regression, Time Series, Multivariate Methods.
Description :
Successfully communicated technical concepts to persons with both technical and non-technical backgrounds.
Produced reports daily for management.
Honed Excel and VBA skills by automating report-building procedures.
Performed analyses on competitor's prices using rate filing algorithms.
Gained exposure to the ratemaking spreadsheet by updating data input.
Designed and built a series of spreadsheets and macros which streamlined the salary budgeting process.
Fixed a report-building spreadsheet that would break when a new line of business was added.
Experience
0-2 Years
Level
Entry Level
Education
Applied Statistics
Actuarial Intern I Resume
Objective : To pursue a position in the analysis field to further analytical and software experience in order to increase value as an employee. Learning how to use mathematical modeling techniques, and completing other tasks as assigned by supervisors.
Worked on the investments team was the updating of risk standards on Opera.
Updated the unit pricing, credit and collateral management, financial risk mitigation.
Processed secure authenticated messages (SAM), which contains instructions regarding changes to pricing.
Hedged of funds and were sent to JPMorgan (JPM).
Worked on the reinsurance team once a month to assist in monthly reports using Microsoft Access.
Experience
2-5 Years
Level
Junior
Education
Actuarial Mathematics
Actuarial Intern II Resume
Headline : Seeking actuarial opportunities to further strengthen skills and expertise. Their responsibilities include managing emails, attending meetings, scanning documents, reading training materials.
Skills : Technical Skills, Management.
Description :
Helped prepare and translate files for the 2015 CAS Asian talk.
Developed summaries of persistency results by selected parameters.
Gathered and summarizes data needed to support periodic expense reviews.
Learned and interpreted the Insurance capital standard(ICS)and Solvency II Directive.
Compared with the old rule published by the Insurance Regulation Commission.
Developed and maintained actuarial databases required to perform desired analyses.
Collected the data from other insurance company's interim and annual reports.
Experience
5-7 Years
Level
Executive
Education
Finance Math
Actuarial Intern/Analyst Resume
Objective : Collaborated with senior actuaries in every detailed process and verified premium and surrender value in production annual statements for clients, Improved Excel skill in pivot table and other functions when creating annuitization quote tool.
Skills : Analytical Skills, Communication Skills.
Description :
Supported actuaries and various corporate-wide modeling projects including financial planning.
Analyzed statistical factors, research trends, cash flow testing, pricing, and asset.
Maintained databases, retrieved, understand, and manipulated data.
Prepared actuarial research and complex reports/studies including month-end reports.
Built models and simplified its processes with VBA and SQL.
Provided actuarial support in pricing, product development, and other cross-functional teams.
Maintained clean and concise documentation of methods and activities.
Experience
0-2 Years
Level
Entry Level
Education
Bachelor Of Science
Actuarial Intern/Co-ordinator Resume
Headline : Strong quantitative, analytical and problem solving skills Solid mathematical foundation with keen on actuarial sciences Equally adept in working independently and cooperating in a team.
Skills : Programming, Maple, Critical Thinking.
Description :
Worked on actuarial valuation reports for reputed businesses.
Prepared to find solvency and going concern payments.
Performed commuted value and retirement benefit calculations & gain-loss analysis.
Actively involved in student mentoring and recruiting.
Responsible for creating and conducting case study interviews.
Focused towards investor training and education, and identification of opportunities.
Pulled participant information from fidelity’s database, computed benefits, and updated actuarial valuation results on a quarterly basis.
Experience
5-7 Years
Level
Executive
Education
Bachelor's
Asst. Actuarial Intern Resume
Objective : Highly qualified Actuarial Intern with experience in the industry. Enjoy creative problem solving and getting exposure on multiple projects, and would excel in the collaborative environment.
Skills : Matlab, Access, VBA, Critical Thinking.
Description :
Reviewed and confirmed government submitted bids for thoroughness and adherence to government guidelines.
Read through documentation and reviewed excel sheets.
Communicated with the companies about developments in their bids.
Created pivot tables, using conditional formatting and using all the basic attributes of Excel.
Utilized problem-solving skills in determining the reason for metric failures.
Projects Completed an original group project of an exploratory statistical analysis of NBA team records.
Developed a model for future predictive use Wrote and presented a comprehensive report.
Experience
2-5 Years
Level
Junior
Education
Data Analysis
Associate Actuarial Intern Resume
Objective : Credentialed, highly-motivated and dedicated career professional with over four years of program management experience as a professional Mathematics Instructor, mentor and administrative leader.
Skills : Technical Skills, Communication Skills.
Description :
Checked and Balanced Columbus, Ohio One of the largest insurance and financial services companies.
Systematically integrated data into actuarial tables and appropriately defined rate territories.
Processed and implemented rate change policies spanning five states with 100% accuracy.
Researched, collected, analyzed, and evaluated industry trends/surveys and data.
Performed economic data analysis and demographic data analysis.
Disseminated results through official documentation and verbal presentations to senior staff.
Attended in the group meeting and assisted in analyzing the insurance trends based on given data.
Experience
2-5 Years
Level
Junior
Education
Teaching License
Lead Actuarial Intern Resume
Objective : Heavy emphasis on higher level predictive modeling work & how project results affect company growth. Daily use of SAS, SQL, Excel, Access, and Powerpoint to perform statistical analysis & prepare presentations to explain results.
Skills : Technical Skills, Management.
Description :
Analyzed sales trends and demographics for Disability Income, Critical Illness, and Accident Products.
Recommended changes in expected persistency rates.
Evaluated the impact of irregular persistency behavior in recent years.
Created new SAS and Excel programs.
Improved existing ones and documented changes.
Presented study results and internship experience through emails, Word summaries, and meetings.
Discussed topics of reserving, pricing, and ethics, summarized survey results.
Experience
2-5 Years
Level
Junior
Education
Data Analysis
Actuarial Intern Resume
Objective : Looking for an actuarial full-time position that will enable to use strong skills and educational background. Coordinated with IT department and verified the amount of dividends for each product with given data.
Skills : Critical Thinking, Management.
Description :
Processed supplier invoices and payments. Performed client and claim documentation.
Performed bank Reconciliations and pass Journal entries, update the petty cash register among other things.
Set premiums for clients including crediting and debiting amounts outstanding.
Performed complex and creative actuarial analyses and participated in cross-functional assignments.
Developed a statistical model to understand the factors affecting the renewal of a policy.
Improved the internal predictive modeling pricing tool to generate more detailed output by using VBA.
Improved the efficiency of actuarial pricing maintenance activities by creating macros.
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