Resume and Cover Letter Workshop The Pennsylvania State University Actuarial Science Club Wednesday, September 10, 2014 Agenda • The Career Fair is coming… • FAQs about actuarial student resumes • What goes in a resume? • Where to go for more help • Resume Reviewing • Cover letter assistance Are you ready for the Career Fair? • Over 30 companies are coming!! • Sept 22nd, 5-8 PM • Business Building Atrium • Dress is business professional • Bring plenty of copies of your resume Is your resume ready? • If not, you are in the right place • Tonight we will focus on actuarialspecific resume building • Resources • Penn State Career Services • Smeal Career and Corporate Connections • Actuarial Resume Purpose of the Resume • A resume is for getting an interview • An interview is for getting a job • Give highlights and relevant details, but don’t get bogged down – you can elaborate in the interview • You have 30-60 seconds to make an impression • Show value to the employer: put yourself in their shoes and ask yourself, “why do they care?” What’s in a resume? • Objective/Personal Profile – Who? What? • Unless yours is unique, this can be optional • Education – School, major, GPA, accomplishments • If your GPA is <3.0, strongly consider also listing your major GPA if it is higher • Do not round your GPA (a 3.46 is not a 3.5) • Exams – Passed and/or future sittings • Highlight this in its own section • Highlight VEEs underneath if you like • Work Experience – Internships and previous jobs • Don’t use bullet points to just list what you did – focus on communicating value to the employer • Leadership/ Service /Activities – other interests Clubs, intramurals, and/or • Demonstrates initiative, time management skills and personality Resume Gap Analysis • How can you become a stronger candidate? • Identify gaps in your resume early in college • Find opportunities at Penn State to fill them • Ex: Find a club that interests you and pursue a leadership role • Fill white space FAQs • If I passed an exam, where should I put that on my resume? • Make it stand out • In its own section or under “Education” with your anticipated Penn State degree, often the first section of your resume • Don’t forget to mention VEE credit too • If I have taken all of the courses required for VEE credit but have not yet applied to the SOA/CAS for credit how can I show that on my resume? • Use can the terms “met course requirements” or “completing course requirements” FAQs • If I have passed an actuarial exam, should I list my score? • Your score is not necessary and is usually considered private information (therefore unless you got a 10 and really want to put it on, you don’t need to) • For most/all situations, the term “passed” will suffice • If I have registered for but have not yet taken an actuarial exam, how can I put that on my resume? • List the exam, then the term “sitting” and the date/month for which you are registered FAQs • If I failed an exam, should I still put the attempt on my resume? • If you are registered to take the exam again, we recommend that you mark on your resume that you are sitting for the upcoming exam. Tips • Eliminate all spelling and grammatical errors • Focus on transferrable intangible skills learned from non-actuarial jobs more than technical skills • Use strong wording • Keep it organized • Make it easy to read – make sure your accomplishments stand out • Every line should demonstrate value to the employer • Have several trusted sources look over your resume for constructive criticism Uploading Your Resume • You must submit your resume by Sunday for it to be included in the resume booklet that will be given to recruiters • Must be one page and in PDF format • Smeal students: use Smeal Connect • After signing the user agreement, it generally takes two days to be able to access your Smeal Connect account…plan accordingly! • Eberly students: use SciOpps • Instructions are on the resume book tab of our club’s website Cover Letter Content • A cover letter allows you to expand on your resume • Pick about two things off your resume that make you stand out • Examples: previous internship, job, leadership position in an extracurricular activity, study abroad, volunteer experience • Explain what you did, what skills it helped you developed, and how those skills would relate to the job/internship you’re applying for • Don’t spend more than a paragraph on one activity…show that you have broad/diverse experiences Cover Letter Content • Check the internship job/posting for the qualifications they are looking for and mention those in your cover letter • Examples: Good oral/written communication skills, ability to work on a team and on your own • Explain how you have these skills and give example(s) • You don’t have to hit on every qualification, but try to mention a few Cover Letter Content • Show that you did your research by mentioning a reason or two why you want to work for that specific company • Could be about the company in general, about a specific aspect of the internship program/job, or both • This works well as part of your conclusion • In addition to showing passion for the company, try to show passion about being an actuary as well (that may work well in your intro) Cover Letter Length • Usually a page, can be two pages • Making it two pages won’t give you an advantage just because it’s longer; usually conciseness is preferred, but if you have a lot of very important things to say, two pages is okay • If you go onto the second page, use up a bare minimum of 1/3 of the page; it won’t look good if you just have a few sentences on the second page Cover Letter Tips • Don’t start with “My name is ___ and I’m a junior majoring in actuarial science…” • They can see this from your resume and it is a boring way to start • Recruiters will be reading hundreds of these…try to make your opening stand out; be creative if you can • Your resume is just the nitty-gritty of what you’ve done; your cover letter should bring your resume to life • Show some of your personality in your writing so that the reader feels like they now know you Cover Letter Tips • You’ll find that you’ll probably be able to reuse the majority of your cover letter for other companies • However, if you can simply switch out the name of the company and the name of the position you are applying for, your cover letter is probably too generic • Triple check to make sure that you changed the company name every time it’s in your cover letter Cover Letter Tips • Proofread carefully; read it to yourself to make sure it flows nicely • Try to find out who reads the actuarial cover letters at the company and address it to them • This may involve calling HR but is worth the effort if you’re able to find out (adds a nice personalized touch) • See sample cover letter on club’s website for help with formatting References • http://www.sa.psu.edu/career/assist.shtml • http://www.events.psu.edu/cgibin/cal/webevent.cgi?cmd=opencal&cal=cal13 • See this site for numerous events hosted by Career Services • http://www.clubs.psu.edu/up/actsci/Tips.html • See our Resume page for sample resumes and templates