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Sample Actuarial Cover Letter

Dear Ms. Simspon

I am writing to express my interest in the Actuarial Analyst position at XYZ Insurance. I have a Master’s Degree in Statistics and a Bachelor’s Degree in Quantitative Analysis. For the past 6 years I have put my education knowledge and analytical skills to work as an Actuarial Analyst at ABC Insurance but I am ready to move forward with a position at XYZ.

In my current position I utilise multiple statistical models to analyse probabilities in order to arrive at recommended insurance product prices. I have excellent analytical skills and am very comfortable with statistics. I work well on a team and can effectively collabourate with others. I have am fully certified at both the Associate and Fellowship levels through the Casualty Actuarial Society. Previous projects have included working with a team of professionals to complete a complex analysis following Hurricane Katrina. My strong problem-solving and analytical skills would fit perfectly with the Actuarial Analyst position at XYZ Insurance.

Upon meeting I believe you will agree that my skills lend perfectly to the Actuarial Analyst position. I am very excited to learn more about XYZ Insurance and to talk about what I could offer. Please call to schedule an interview.

Sincerely

Cynthia Gallegos

Sample cover letter for Internship position at Munich RE

POSITION:

Actuarial intern

Dear Munich Re Recruiting Team,

As a motivated and passionate junior student at the University of Missouri Columbia, I love to take the next step into the business world. I love mathematics and economics and I always enjoy discovering on how I can apply my mathematics skill in Social and Business area and that’s why and how I find actuarial career where you apply mathematics and statistics on social-business problems. I have passed P/1 with the intention of taking exams FM and MFE this spring 2015. I also have gained valuable professional experience through my internships with Julius Baer Bank in Singapore and Prudential Life Assurance, Indonesia. I worked on special project regarding to Lapse Movement summary analysis and monthly IBNR report in Valuation and Business Actuary team in Prudential Life Assurance and Designed Option Products Sales material In Julius Baer Bank.

In addition to my experience related to core knowledge about actuarial science, I also love to explore, learn about new things and get out from my comfort zone. I used to be very shy and not talkative as a person when I was in high school. During the college, I am as an international student involve in a lot of Group activity and volunteer. As an example, I Joined Alternative Spring Break 2013 to Pilsen-Chicago where I was one of the Internationals students among other 10 students. Besides that, in term of learning I have been using Coursera (one of Massive Open Online Courses) to explore a lot of other discipline like Social Psychology, Behavioral Economics, Gamification, and Game and learning. I love to explore new things and socialize with people now which can give more diversity on Munich Re Actuarial Team perspective.

In closing, I would like to discuss my background with you in person and have enclosed a resume for your review. I look forward to learning more about the position and discussing my qualifications in an interview. Thank you very much for your consideration.



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