Manager, Actuarial Cover Letter

I am excited to be applying for the position of manager, actuarial. Please accept this letter and the attached resume as my interest in this position.

Previously, I was responsible for feedback regarding the historical performance of the reinsurance business to Products, Client Markets, Portfolio Management, etc.

My experience is an excellent fit for the list of requirements in this job:

• Expertise in product lines and a high level understanding of additional product lines, which include life insurance, annuity products, retirement plans, health insurance, casualty, insurance and group/employer sponsored insurance products
• Qualified or nearly qualified as a Fellow of an internationally-recognized actuarial organization
• Strong knowledge and experience of valuation, US GAAP financial reporting and modeling process
• Strong knowledge of commercial actuarial software, especially Prophet
• Good understanding of insurance operations and actuarial practices
• Proven capacity to learn and work independently
• Skilled at managing through influence
• Experience with pension and benefits financial reporting, and in dealing with internal and external auditors

In response to your job posting for manager, actuarial, I am including this letter and my resume for your review.

In my previous role, I was responsible for product training and ensure distribution channels are engaged with compelling product reference materials and training tools.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Property/casualty Insurance knowledge, preferably in the actuarial discipline
• Assist in the day-to-day management of the Data Solutions operational workstream at the Lisbon Service Center, identifying and managing key risks at the programme level
• Provide project management support to internal teams, workstream leads, subject matter experts, helping to deliver large or complex pensions projects to internal UK-based teams, and deliver against various financial targets at the programme level
• Work closely with UK counterpart to ensure that periodic management information, resource planners and other materials meet all of the requirements of the Data Solutions business
• Develop others within the Lisbon team to support the role and cover holidays and periods of absence as needed
• Achieve project delivery deadlines on time and with risk minimised and within scope and budget
• Knowledge of loss reserving methods
• SII Models

In response to your job posting for manager, actuarial, I am including this letter and my resume for your review.

Previously, I was responsible for concise and clear instructions on what is happening to a risk and provide options to manage costs into the future.

Please consider my qualifications and experience:

• Actuarial exams or FSA Fellow of Society of Actuaries and/or ASA Associate of Society of Actuaries affiliation
• Actuarial (In-depth)
• Highly proficient in working with analytical/reporting tools (SQL, SAS and/or R and Tableau) and leading/mentoring others in these functions
• Skills in AXIS, Microsoft Access, Python, VBA or other actuarial software preferred and experience in AXIS is an advantage
• Risk Analysis & Management- Risk Assessment- Partner with business managers to provide sound risk management advice
• Regulatory Engagement – Lead the engagement with regulator and auditors to ensure compliance with local regulation and standards
• Pricing, Trend & Benefit Design- Oversee and recommend pricing and trend for product and/or services
• Product & Business Knowledge- Assumptions & Data Sources- Review assumptions developed by staff from a business perspective and be able to defend work to senior management

I submit this application to express my sincere interest in the manager, actuarial position.

In the previous role, I was responsible for general portfolio knowledge and input to contribute to reinsurance treaty purchases and underwriting risk parameterisation.

Please consider my qualifications and experience:

• Leadership- Management of Resources- Lead/manage projects established to support goals identified in strategic and operating plans
• Scope of Decision Making Authority- Broad decision making authority typically tied to level of financial impact
• Staffing/Personnel- Potential to manage staff, including responsibility for hiring and termination decisions
• To Manage the Annual internal model Validation process for all syndicates under AMA management
• Assist the underwriters in their pricing of individual contracts
• Data & business analysis
• Good understanding of insurance/Lloyd’s
• Background to external modelling tools (cat models, ESGs etc)

Please consider me for the manager, actuarial opportunity. I am including my resume that lists my qualifications and experience.

In the previous role, I was responsible for leadership of and insight into business opportunities such as new product initiatives or re-pricing, mergers and acquisitions, use of reinsurance, asset liability management and other business management and risk mitigation strategies.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Experience with combining technology transformation efforts with business redesign
• Commitment to high quality service
• Enrolled Actuary credential preferred
• Knowledge of any actuarial software
• Understanding of US Annuity Regulations
• Once we are in a business as usual mode of operation effective and timely responses to issues as they arise to ensure there is no material disruption to the financial and risk reporting responsibilities of the regional teams using the landscape and process
• Strong customer orientation and business focus
• Establishing and implementing engagement workplans