Boulder, CO
912-555-0157
gina.montenegro@email.com December 14, 2023 Dear Hiring Manager, I'm writing to express my interest in the Actuary position at Daylife Insurance Company. As an accounting professional with more than 10 years of experience in the insurance business, I believe I'm a strong candidate for this job. I'm familiar with your company, and I'm extremely impressed with the level of service that you provide for your clients. I'm excited about the opportunity to bring my unique set of skills to this role. I have a bachelor's degree in finance with a master's in actuarial science. I've worked in a variety of accounting roles, and in each position, I've consistently improved the efficiency of my department while meeting quarterly goals. In my latest role, I worked as a risk analyst for a private insurance company. Working in this capacity, I performed complex analyses of various insurance policies and generated reports for my department head to review. While I was in this position, the profits for my department grew by 5% every quarter. Outside of my professional qualifications, I've always been a dedicated team player who puts the group's success above my own. I love working as a team member, but I'm also a self-motivated professional who can work independently. I'm bilingual, speaking both English and Spanish, and I enjoy working with clients of all backgrounds, as I believe I have something to offer for every financial situation. I'm also extremely proficient with technology, as demonstrated in my last role, where I introduced a new computerized system that increased our operational efficiency by 7%. I believe my unique set of skills and background could make me an asset to your business. I've attached my resume and three professional references for you to review. Please feel free to contact me via phone or email if you have any questions about my application. I look forward to the opportunity to discuss this position further with you. Sincerely,
Gina Montenegro To upload the template into Google Docs, go to File > Open > and select the correct downloaded file.
How to write an actuary cover letter
Here are some steps that you can follow to get started with your actuary cover letter:1. Start with your contact information
When writing the letter, it's important for you to adhere to a professional format. Cover letters should begin with your contact information so that it's clear to the hiring manager which candidate they're reviewing. If they haven't requested specific information, it's a good idea to include your full name, phone number, email and the city where you live. Related: How To Become an Actuary Without a College Degree2. Address the reader
After listing your contact information, the next line should address the reader. If you know who reviews the applications, you can address the letter with their name. Otherwise, you should address it to the hiring manager. Properly addressing your letter can make your application appear more personal while still maintaining a professional format.3. Discuss your experiences
The main content of your letter should discuss your relevant professional experiences. When applying for an actuary job, you should include any past roles that involved accounting, risk assessment or financial analysis. If you have relevant education, you should briefly mention it as well. Related: Making the Career Change to an Actuary: Steps and Benefits4. Relate your skills to the job
Besides your professional experiences, you can discuss how your skills make you a good candidate for the position. Actuaries spend a lot of time working with numbers, so you might want to discuss how mathematical skills have helped you succeed in your past jobs. It can also be a good idea to list any extracurricular achievements you've earned that help demonstrate your proficiency.5. End with a strong conclusion
You should always end with a strong conclusion that includes a call to action. When ending your letter, you can thank the hiring manager for taking the time to review your application and let them know the best way to contact you. It can also be helpful to reiterate how excited you are about the potential of working for the company. Related: Insurance Actuary: Definition, Qualifications and Job DutiesSkills to include in an actuary cover letter
Here are some important skills for actuaries that you may want to discuss in your cover letter:Analytical skills
Discussing your analytical skills is a good strategy when writing your cover letter. Actuaries spend a large amount of time researching complex financial information, so being able to handle complicated analysis is a key part of their job duties. Including a few examples of how your analytical skills helped you succeed in a past role can help convince the hiring manager you understand what it takes to succeed in this career. Related: Actuary Skills: Definition and ExamplesComputer skills
Most actuaries perform most of their work with the help of a computer, so strong technical skills can be a requirement for one of these positions. In your cover letter, you should discuss a time when your computer skills helped you improve your efficiency. It could also be a good idea to demonstrate that you can learn new programs quickly. Researching the types of software that the business uses can be another good way to demonstrate that you understand what the company is looking for in an applicant.Math skills
Actuaries spend a lot of time working with numbers, so having strong math skills can be a requirement for this role. Even though they often rely on computers for complex simulations, actuaries who are comfortable working with numbers can finish their duties quicker and more efficiently. To demonstrate your mathematical proficiency, it can be helpful to discuss any education and training you've received in the subject or any extracurricular activities you've taken part in that use math. Related: 20 Math Degree Courses (And the Topics They Cover)Attention to detail
It's important for actuaries to submit proposals and reports that are error-free, so attention to detail can be an important skill in this profession. Working as an actuary involves managing multiple cases at once while adhering to important deadlines. If you want to demonstrate your attention to detail, it can be a good idea to discuss some of the ways that you've stayed organized in your previous positions. Discussing any improvements you've made to operational processes can be another effective way to demonstrate this skill.Tips for writing an actuary cover letter
Here are some tips for you to consider when writing your cover letter:Include soft skills
While it's important to include your professional qualifications, you should also mention a few soft skills in the letter. Mentioning soft skills can help the hiring manager determine if you'd be a good fit for the company culture and can demonstrate how you work in team environments. Soft skills include:- Communication
- Teamwork
- Organization
- Time management
- Problem-solving
- Leadership