What is a pricing actuary and how to become one

Key steps to become a pricing actuary

1. Explore pricing actuary education requirements

   Most common pricing actuary degrees

   Bachelor's

   85.2 %

   Master's

   11.1 %

   Doctorate

   3.7 %

2. Start to develop specific pricing actuary skills

   Skills	Percentages
   Product Development	69.27%
   Annuities	22.51%
   Level Changes	5.01%
   Auto Liability	2.02%
   Loss Ratio	1.18%

3. Complete relevant pricing actuary training and internships

   Accountants spend an average of 4-10 years on post-employment, on-the-job training. New pricing actuaries learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a pricing actuary based on U.S. Bureau of Labor Statistics data and data from real pricing actuary resumes.

4. Research pricing actuary duties and responsibilities

   • Project manage large work streams incorporating data and technology to support all business analytics used across the organization.
   • Support the sales team in conducting profitability analysis, analyzing options and developing customer ROI analyses
   • Manipulate select and ultimate mortality table to database formate by using VBA and producingexpect Motality base under best estimate assumption.
   • Administer payroll, conduct accounts reconciliations, and track all A/R and A/P.

5. Prepare your pricing actuary resume

   When your background is strong enough, you can start writing your pricing actuary resume.

   You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a pricing actuary resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

   Choose From 10+ Customizable Pricing Actuary Resume templates

   Build a professional Pricing Actuary resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Pricing Actuary resume.
   

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6. Apply for pricing actuary jobs

   Now it's time to start searching for a pricing actuary job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams