How to Write an Actuarial Analyst Resume (With Example)

By Indeed Editorial Team

Published November 21, 2022

The Indeed Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with Indeed's data and insights to deliver useful tips to help guide your career journey.

Businesses remain competitive and profitable by accurately accessing their exposure to risks and preparing for them. Actuaries are professionals who businesses and organizations entrust with evaluating and assessing risk. Understanding what prospective employers look for may help you write a compelling resume for an actuarial analyst role. In this article, we discuss what an actuarial analyst resume is, outline how to write one, highlight tips to enhance your resume, and provide a template and example for reference to write your own.

What is an actuarial analyst resume?

An actuarial analyst resume demonstrates a candidate's qualifications and competencies when applying for a job position. An actuary is a finance professional who combines software, analysis, and financial competence to analyze financial risk exposure. They help companies to project the result of financial decisions and prepare for relevant developments.

For instance, many actuaries work within insurance industries and are responsible for analyzing potential losses to determine premiums and insurance packages. Writing a compelling resume involves streamlining your relevant skills and experiences to your industry or company of choice. This may help you present yourself as the most suitable candidate during the hiring process.

Read more: How to Create an Actuarial Resume (With Example and Tips)

How to write an actuarial analyst resume

Here are the steps to help you write a resume as an actuarial analyst:

1. Provide your contact information

The first step is to provide all your relevant contact information to help your prospective employer identify and establish contact with you. Provide your first and last name, phone number, e-mail address, and your city and province or territory of residence. You can also provide links to your professional website or social media profile where you consider this relevant. The template or format you use when creating your resume determines where your contact information appears. It's best to position your contact information at the top of your resume so it's easier for hiring managers to find and read quickly.

Read more: How to Include and Format Contact Information on a Resume

2. Create your professional summary

Write a professional summary containing one to three sentences to highlight your most relevant professional attributes and interests. An effective professional summary encourages the prospective employer to consider other aspects of the resume. You might also use this summary to express how your experience and expertise suit the role's requirements. For instance, you can quantify the results of past financial analyses in your previous positions.

Related: What Is a Summary of Qualifications? (With Examples)

3. Outline your work experience

Outlining your work experience is a reliable way to showcase your competence for a role. It's helpful to arrange this section using a reverse chronological format. Provide information such as your current or most recent job title, the company's name, and the dates of your employment. After providing these details, it's important to highlight your duties and achievements during your employment. You can use a bullet list of three to five items to make this list clear and concise.

Read more: How to Describe Your Work Experience on a Resume

4. List your skills

The skills section of your resume is important to show prospective employers your technical and interpersonal competencies. It's helpful to present a good mix of these skills to highlight your ability to fulfill your responsibilities while interacting effectively with others. Some essential interpersonal or soft skills for actuarial analysts include communication and attention to detail. Technical skills include knowledge of statistical analysis systems and data analysis. Either list your skills in order of importance or categorize them into soft and hard skills.

Read more: What's the Difference between Hard Skills and Soft Skills?

5. Highlight your educational background

Highlight your relevant undergraduate or graduate degrees in this section. Actuarial analysts have various academic backgrounds that require critical thinking, from mathematics to economics. If you have more than one degree, start with the most recent one. When writing this section, state the name of the degree and your institution's name and location. You can also use this section to outline any relevant academic accomplishments. For instance, you might mention your participation in an international exchange program or making the Dean's List in your department. Highlighting such academic achievements may help your application appear more unique.

Tips for writing an effective resume as an actuarial analyst

Here are some tips to help you improve your resume's quality:

Quantify your achievements

A resume is one of the most reliable ways to show your competence to a prospective employer. This makes it important to highlight and quantify your achievements to portray your expertise and experience. You might achieve this by presenting your accomplishments or positive changes in percentages. For instance, consider writing improved risk exposure by 12% with bi-monthly reports instead of improved risk exposure.

Read more: 4 Steps to Highlight Your Achievements on a Resume

Maintain a simple format

Use a clear and simple format in your resume to make your information easy to understand. You can also organize your resume in sections to make them effortless to read. For instance, using the work, action, and result format when you outline your responsibilities might help the hiring manager understand your impact.

Remain concise

When drafting your resume and making edits, it's important to ensure your writing is concise, as this can be a good indicator of competence and effective communication. It also helps you maintain the reader's attention because they can focus on the essence of your sentences and remain engaged. Expressing yourself concisely can help you keep your resume within a one-page limit, making it easier to read.

Proofread and edit

Read your resume a few times to ensure your sentences are clear, concise, and error-free. You can take this opportunity to update relevant information to ensure accuracy. You might also look at the other components, including grammar, punctuation, syntax, and formatting. Sending an error-free resume is an important portrayal of your attention to detail and communication skills.

Include relevant keywords

As an actuarial analyst, your skills are relevant across various industries. To improve your chances of gaining an interview, it's helpful to ensure that you streamline your resume to the requirements of the specific industry. You can achieve this by researching the appropriate keywords for the industry, company, and position you want. This may help your resume pass an applicant tracking system that automatically reviews your suitability based on the presence of specific keywords.

Read more: How to Use a Resume Keyword Scanner (With Steps and Tips)

Resume template for an actuarial analyst

Here's a template to follow when writing your resume:

[First name] [Last name], [Degree or certification if applicable]

[Phone number] | [E-mail address] | [City], [Province or territory]

Professional Summary

[Two to three sentences that highlight years of experience, relevant skills, education, or certifications and achievements as a professional.]

Experience

[Job title] | [Employment dates]
[Company Name] | [City], [Province or territory]

  • (Strong verb) + what you did (more detail) + reason, outcome, or quantified results

  • [Job duty]

  • [Job duty]

  • [Job duty]

  • [Job duty]

[Job title] | [Employment dates]
[Company Name] | [City], [Province or territory]

  • (Strong verb) + what you did (more detail) + reason, outcome, or quantified results

  • [Job duty]

  • [Job duty]

Skills

[Skill] | [Skill] | [Skill] | [Skill] | [Skill] | [Skill]

Education

[Degree and major] | [Name of school or university]

[City], [Province or territory]

[Certification name], [Host organization]—[Year completed or expiration date]

Resume example for an actuarial analyst

Here's an example to use as a guide when writing your resume:

Abigail Finch

555-7567-0972 | abigail.finch@email.ca | London, Ontario

Professional Summary

An Actuarial Analyst with over six years of analytical and statistical expertise in the insurance industry. A highly driven professional with excellent attention to detail and experience in financial forecasting, modelling, and reporting. Seeking to employ extensive experience in designing innovative systems to manage financial risks.

Experience

Actuarial Analyst | October 2017–Current
Red Cliff Insurance | London, Ontario

  • design pricing models for insurance premiums using bi-annual risk evaluations

  • conduct client-to-client risk exposure analysis for over 100 clients

  • update risk evaluation systems to improve speed by 13.5% and accuracy by 15%

  • create quarterly reports to determine opportunities to optimize evaluation systems

  • collaborate directly with a leading client's firm to decrease a new product's loss ratio by 17.5%

Accounting Associate | August 2015–September 2017
TY Auditing Inc. | London, Ontario

  • assisted accountants by applying accounting principles and company guidelines

  • conducted risk evaluations to determine clients' insurance premiums

  • worked closely with the accountant-general to collect financial data and update auditing models

Education

Bachelor of Science in Mathematics | University of Greensborough
London, Ontario

  • 2014 Dean's List

  • Member, World Economics Exchange Program

Skills

Spreadsheet software | Data analysis | Actuarial modelling | Time management | Communication | Attention to detail

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