Actuarial Intern Resume Samples

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Actuarial Interns are entry-level employees, usually students who are pursuing a degree in the field. Their responsibilities include managing emails, attending meetings, scanning documents, reading training materials, learning how to use mathematical modeling techniques, and completing other tasks as assigned by supervisors. Our collection of resume samples for Actuarial Intern showcases skills such as the following: risk management, an interest in learning new things, being able to follow instructions, technical skills, presentation abilities, computer competences, and teamwork. Successful resumes for this job display studies in actuarial science and training in mathematics, engineering, and finance.

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1

Actuarial Intern

Designed an Excel annuitizaiton quote tool to calculate premium according to individual basic information

  • Improved Excel skill in pivot table and other functions when creating annuitization quote tool
  • Collaborated with senior actuaries in every detailed process and verified premium and surrender value in production annual statements for clients
  • Assisted senior actuaries with pricing the premium of annuity product for new clients
  • Managed several projects simultaneously and planned to-do-list from high priority to low priority
Candidate Info
8
months in
workforce
8
months
at this job
BA
Actuarial Science
MA
Actuarial Science
2

Actuarial Intern

  • Administrated 500+ bancassurance policies and 300+ group insurance policies
  • Developed brief VBA codes summarizing sales reports of 3 products over passing half year
  • Helped to build a multiple linear-regression based accident insurance pricing model
  • Promoted policies recorder program and reduced manpower cost by 75%
Candidate Info
3
years in
workforce
2
months
at this job
BS
Information And Computational Mathematics
MS
Actuarial Science
3

Property & Casualty Actuarial Intern

Performed data mining and manipulation on large amounts of insurance data. Projects involved determining catastrophe thresholds by state to improve forecasts, use of Mean Excess plots in forecasting, and the designation and removal of large losses/extreme events. Project work led to department wide changes in forecasting procedures.

  • Lead Intern on five projects, assumed responsibilities of project manager in such cases. Promoted to project manager after 2 internships.
  • Created presentation materials and reports & delivered oral presentations to corporate and senior staff during each internship. Also gave high level SAS trainings to other interns.
  • Worked full-time for 3 summers, part time 5 semesters.
  • 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.
Candidate Info
6
years in
workforce
6
years
at this job
BS
Statistics
Economics
4

Actuarial Intern

  • Analyzed sales trends and demographics for Disability Income, Critical Illness, and Accident Products
  • Recommended changes in expected persistency rates and 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 and wrote VBA formatting code
Candidate Info
3
months in
workforce
3
months
at this job
BS
Actuarial Science
5

Actuarial Intern

Participated in test of annual yield rate of bancassurance products under maturity

  • Used Excel and VBA to complete draft of annual dividend plan of participating insurance
  • Coordinated with IT department and verified the amount of dividends for each product with given data
  • Optimized a data conversion system of policies and reduced the processing time by 90 percent
Candidate Info
1
year in
workforce
4
months
at this job
BS
Applied Mathematics
Math And Social Science
6

Actuarial Intern

Assisted in rate filing for the Individual Medical and Small Group lines of business

  • Streamlined creation of state mandated exhibits through VBA macros
  • Pulled historical data using SQL used to justify proposed rates
  • Created membership projections at the plan level for each state in which filings were submitted
  • Supplied necessary written justification and Excel exhibits in response to state objections to proposed rates
Candidate Info
5
years in
workforce
3
years
at this job
Actuarial Science
7

Actuarial Intern

  • Compared and analyzed company products with competitors by calculating Internal Rate of Return (IRR) and Cost of Insurance (COI), suggested changes in several product prices
  • Scrutinized matured products and presented results by using functions such as vlookup, index match and pivot table to extract data and created graph to illustrate results
  • Helped migrate products by compiling product log book and have sufficient understanding on life products and riders
  • Evaluated products by performing User Acceptance Testing (UAT) testing with software such as PSIP and also Excel spreadsheets
Candidate Info
5
years in
workforce
3
months
at this job
BS
Business Administration
8

Actuarial Intern

This company specializes in analysis on climate change risk and natural resource impacts

  • Developed climate actuarial model to evaluate property loss with Exceedance Probability curve
  • Inspected FEMA claim dataset and adjusted climate model accordingly
  • Directed research on catastrophe models from AIR, RMS and EQECAT
  • Supported product development team on data collection and model analysis
Candidate Info
1
year in
workforce
7
months
at this job
BS
Economics
Actuarial Science
9

Actuarial Intern

  • Created and implemented a daily life claims report using Excel and SQL for use by Chief Actuary
  • Designed an incident management process to save money for the company and presented the idea to CEOs
  • Redesigned an old C program into an Excel worksheet
  • Automated Excel reports using VBA macros
  • Automated exporting and importing data to and from Excel and SQL server database using SQL and Excel VBA
  • Reduced weekly report formatting and submission time by an average of 30 minutes
Candidate Info
4
months in
workforce
4
months
at this job
BS
Mathematics
10

Actuarial Intern

  • Conducted a comprehensive review of Defined Benefit, Defined Contribution and Cash Balance Plans to access various pros and cons of each plan and to educate the client
  • Successfully reduced the funding and accounting costs by 20% through pension plan reforms and rigorous actuarial valuation
  • Presented recommendations to the client with detailed product design and analytical report
Candidate Info
9
months in
workforce
4
months
at this job
BS
Electrical Engineering, Mathematics
MS
Actuarial Science

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