Senior Actuarial Associate Cover Letter

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

Previously, I was responsible for actuarial support for regulatory reporting as needed – in particular with relation to the Life Syndicate and Solvency II standard Formula work.

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

• Actuarial exams progress preferred
• Experience in pricing and/or valuation and/or modeling preferred
• Knowledge of or exposure to SQL and VBA macros preferred
• Experience with LTC or other health product state regulatory filings is preferred
• Proficient in MS Excel, Access and VBA
• Experience with data analytical techniques
• High control-conscious mindset
• Excellent organizational, mathematical, and analytical abilities

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

In the previous role, I was responsible for thorough recommendations by utilizing sound actuarial analysis techniques and producing complete program reviews to inform leaders of profitable business opportunities.

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:

• Undergraduate in Actuarial Science or related disciplines
• Good progress in actuarial examinations of a recognized actuarial institute
• Proficient in MS Offices, VBA and actuarial software
• Prophet modeling experience is preferred and a strong understanding of Excel, VBA and SQL
• Actuarial student or ASA
• Post-secondary education in Math, Actuarial Science or related field
• Knowledge of terminology and concepts of actuarial reserves
• Prior reinsurance experience is an asset but can be acquired

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

Previously, I was responsible for guidance, development and training to Actuarial Analysts to improve technical capability within the actuarial team.

Please consider my experience and qualifications for this position:

• Actuarial model software experience (Prophet, MG-Alfa)
• Minimum of 2 actuarial exams passed with commitment towards ASA/FSA designations
• Developing knowledge of ALM concepts and GAAP & Statutory financial principles
• Effective verbal & written communication skills, particularly in explaining technical challenges & writing documentation
• Flexible to meet deliverables during annual assumption update
• Familiarity w programming (e.g., Matlab & VBA or other programming languages)
• Highly motivated individual who can work equally well independently and in a team environment
• Carry out the operational and development tasks in financial reporting and management of the company in order to facilitate the business decision making

I submit this application to express my sincere interest in the senior actuarial associate position.

Previously, I was responsible for support to the Heads of Actuarial & Reserving in the region for actuarial matters as necessary.

Please consider my qualifications and experience:

• Support the implementation of IFRS 17, including model enhancement, UAT of the calculation model and dry run
• Maintain and enhance financial valuation system including actuarial modeling
• Provide project support from Life actuarial perspective
• Solid knowledge of life actuarial techniques, tools and methodologies
• Knowledge or exposure to IFRS 17 advantageous
• Support the product pricing and analysis to ensure the new products meet the company's financial and regulatory requirements
• Closely work with other teams in product implementation to ensure timely and accurate delivery
• Make recommendations to product architecture and actuarial assumptions / methodology where appropriate

I submit this application to express my sincere interest in the senior actuarial associate position.

In my previous role, I was responsible for support to Res Life Program when needed for housing fair, hazing education and StraRez software program.

Please consider my experience and qualifications for this position:

• Relevant Individual Life Insurance product experience helpful
• Quarterly reporting will be a priority in quarter end months
• Inforce reinsurance financial reporting
• Become the subject matter expert regarding reinsurance reporting and interpretations
• Effectively communicate with multiple teams across the Division, and reinsurers, to gain insight into issues and provide recommendations
• Advanced computer skills to manipulate large volumes of data
• Experience with GGY Axis is an asset
• Passed a minimum 2 actuarial exams