Actuary analyzing statistical data to forecast risk and liability for future benefits, calculating premium rates and cash reserves while collaborating with financial institutions and developing insurance plans
Experience
Actuary
Where you worked
Month Year to Month Year
Ascertained premium rates and calculated cash reserves and liabilities for future benefit payments
Collaborated with programmers, underwriters, and senior management to develop plans for new business lines
Analyzed statistical information to estimate mortality, accident, sickness, disability, and retirement rates
Designed and reviewed insurance, annuity, and pension plans, determining financial soundness and calculating premiums
Constructed probability tables for events such as fires and natural disasters based on statistical data analysis
Provided expertise to financial institutions to manage risks and maximize returns on investment products
Testified in court as an expert witness on matters related to potential lifetime earnings in accident cases
Skills
Leading & Coordinating
Managing financial activities, Advising customers on procedures, Advising on legal matters
Working With People
Testifying at legal proceedings, Providing customer service, Negotiating contracts