Actuaries work in life insurance companies, pension funds, investment banks and management consultancies. Their job is to evaluate risks involved in projects and to assess the possible consequences of those risks on the organization.
It is true that each decision that an actuary makes has the capability of affecting thousands of people which is why this work is considered to carry a high level of responsibility. They are also responsible for legislative work and are required to report financial forecasts to the company’s management.
If you are looking for a position in this regard, you may be interested in the following cover letter.
Actuary Cover Letter Example
9011 Rader Ridge Road
Antioch, TN 75698
April 15, 2013
Mr. Ian Wallace
Manager Human Resources
73 Clairmont Drive
Antioch, TN 22214
Dear Mr. Wallace:
I am writing to apply for an Actuary position at the Aetna. As a qualified Actuary presently working for Blue Cross, I fit the criteria that you have provided in your advertisement. I have a strong background in pricing, statistical and reserves systems and my research skills are akin to deriving prudent information for risk assessment.
Working in an ever changing environment brought on due to both high competition and eminent risk, I have had several chances to perform analyses on loss trends. With this information, I have had considerable opportunities to develop monitoring reports to understand these changes and to assess how they may affect a company and its projects. I have a solid expertise in assisting financial institutions in managing risks and maximizing returns as my focus is mainly on financial soundness. Moreover, my research skills dictate that I construct probability tables analogous to uncontrollable events which may add to the company’s overall risk.
Please review the enclosed resume which holds detailed information on my career and expertise in risk management techniques. I will call your office to ask for an interview data as early as possible and may be contacted at (050) 444-4444.
Thank you for your time and consideration.