Use this step by step explanation to craft a good employee performance feedback review for a chief actuary. Find the right words with quality phrases.
A Chief Actuary is responsible for supervising the department that analyzes financial expenditures on a high government or corporate level with the aim of reducing losses. This position predicts the viability of various regional government investments using mathematical methods to evaluate all the possible outcomes of a financial system.
Their primary tasks include overseeing other actuaries while distributing and directing assignments, preparing reports and reviews of business functions like budgets, mergers and other standard records, designing and implementing policies and guidelines relating to actuary risk analysis, performing analytical and research duties of an organization, performing statistical demographic research and studying various financial options for an expenditure especially the insurance related expenditures.
Employee Performance Review Sample | |
|---|---|
| Employee's Name: | Title: |
| Review Period: __/__/__ to __/__/__ | Employee SSN: |
| Work Location: | Supervisor's Name: |
Instructions |
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Rating Meaning | |
| The employee fails to perform the most important aspects of the job satisfactorily. Requires close guidance to carry out routine jobs. He/she needs significant improvement in all areas. Meetings should be held between the employee and the supervisor to discuss performance deficiencies. | 1 |
| Employee routinely meets and exceeds expectations in all areas of responsibility. Produces high-quality work that at times exceeds expectations. Consistently meets the most critical annual goals. Occasionally produces timely and accurate results. | 2 |
| The employee consistently and significantly exceeds the communicated expectations by producing exceptionally high-quality work. He/she demonstrates exceptional knowledge of his/her duties and is highly recognized by others as an authority in his/her area of work. | 3 |
Supervisor's Feedback | ||
Skill | Comments | Rating |
|---|---|---|
| PROBLEM SOLVING: Problem Solving is the skill of defining a problem to determine its cause, identify it, prioritize and select alternative solutions to implement in solving the problems and reviving relationships. | Knows how well to collaborate with others to find solutions to problems. Communicates views and thoughts in a very distinct and understandable manner. | 3 |
| KNOWLEDGE OF COMPANY PROCESSES: Knowledge of Company Processes is the in-depth understanding of a collection of related, structured activities that serve a particular goal for a group of customers or clients who are valuable to the enterprise. | Identifies patterns across situations that are not obviously related as well as key and underlying issues in difficult situations Is able to convince other employees in a sensitive, respectful and honest manner in order to get them go along with one's goals | 3 |
| MOTIVATING OTHERS: Motivating is using persuasion, incentives and mental or physical stimulants to influence the way people think or behave individually or in groups. | Checks to see how many tasks one has left and how many one can cross off instead of counting down the time one has left in a day Takes some time to chat with other employees in order to build a sense of teamwork and camaraderie | 3 |
| DECISION MAKING: Decision Making is the art of making choices by identifying a decision, gathering information and assessing alternative resolutions before settling on one. | Gathers evidence and weighs the pros and cons in order to make a more informed decision Treats each situation that arises as a valuable learning experience and doesn't let the past determine one's decision-making process in the future | 3 |
| MANAGEMENT CONTROL: Management Control is a system that collects and uses the information to evaluate the performance of different organizational resources like the financial, physical and the organization performance as a whole. | Focuses on the development of others rather than personal gain by putting their needs first Creates a society of shared trust and care by serving with integrity, liability, and transparency. | 3 |
| MANAGEMENT SKILLS: Management Skills are also known as leadership skills and involve planning, decision making, delegation, time management and time management to ensure optimum organization in focus and the technical of how and why of accomplishing tasks. | Highly responsible with the staff always informed what is happening in their professional and personal life Encourages the employees to learn to take responsibility for their performance | 2 |
| FLEXIBILITY: Flexibility is an important skill that allows employers and employees to make an arrangement about working on maintaining a work/life balance to help organizations improve the productivity and efficiency of their balance. | Encourages others to take the initiative when any window of opportunity is open Appreciates positive comments and criticism working in the areas mentioned | 3 |
| SELF CONFIDENCE: Self Confidence is the ability to know who you are and what you are capable of doing which shows in your behavior, your body language, how you speak, etc. | Volunteers for a task or project that feels like a stretch but matches one's own interests Speaks assertively in order to get people to listen and deliver one's own ideas with conviction | 2 |
| SEEING POTENTIAL PROBLEMS: Seeing Potential Problems is the ability to structure the current situations and identify developments that could cause problems in the future. | Develops multiple possible ways to prevent the problem in order to come up with the right one Checks to see what issues are likely to happen with high impact to the project and develops contingencies for them | 3 |
| KNOWLEDGE MANAGEMENT: Knowledge Management is the ability to manage knowledge and information that is presented to the company from different sources without overlooking any of them. | Demonstrates awareness of all the knowledge relevant to the roles assigned and always knows the knowledge requirements for new tasks Communicates effectively and succinctly, tailors oral and written communication for the audience, and uses exceptional approaches when doing all tasks | 3 |
Self Evaluation | |
Self Evaluation Question | Employee Comments |
|---|---|
| PROBLEM SOLVING: How do you manage high-pressure situations that require fast and urgent attention? How well are you keen on everything that is happening around you? | [employee comments] |
| KNOWLEDGE OF COMPANY PROCESSES: How do you demonstrate your understanding of the general environment in which your company operates? What steps have you taken to encourage other employees to keep up-to-date with the company's rules, structures, networks, and systems? | [employee comments] |
| MOTIVATING OTHERS: What is one of the lowest points you have had at work? What did you do to remain motivated and accomplish your goals? What qualities do you prefer in a supervisor? Can you describe a time when you worked with someone like this? | [employee comments] |
| DECISION MAKING: Describe a time when you have had to be relatively quick in coming to a decision. What was the outcome? What techniques have you used at work to ensure that decisions you make are correct and effective? | [employee comments] |
| MANAGEMENT CONTROL: Do you communicate effectively with the teams and supervisors as a developmental cross-pollination in the business? Do you allow employees to seek your advice about matters concerning them both personal and professional? | [employee comments] |
| MANAGEMENT SKILLS: How do you organize a department or the team to ensure they perform well? What are the most important values you demonstrate as a leader? | [employee comments] |
| FLEXIBILITY: Are you a fast learner willing to research and learn new tricks quickly? Are you able to handle project concerns that are required to complete projects? | [employee comments] |
| SELF CONFIDENCE: When is the last time you asked for assistance on a certain project from a colleague? What was the project? What is one thing you do that makes you like yourself and your work? | [employee comments] |
| SEEING POTENTIAL PROBLEMS: How have you helped other employees improve their ability to anticipate problems? Give an example When hiring employees, how do you make sure that they are the best fit for the position at hand? | [employee comments] |
| KNOWLEDGE MANAGEMENT: What efforts are you making to improve your knowledge searching strategies? What efforts are you making to stay alerted with new knowledge? | [employee comments] |
Summary |
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Sections 1-4: To be completed by the supervisor Section 5: To be completed by the employee |
1. Exceeds Job Related Expectations |
2. Areas to improve |
3. Goals completed since last performance feedback |
4. Goals for next period |
5. Employee comments |
Signatures | |
| I acknowledge that I discussed this performance feedback with my supervisor. My signature does not mean that I agree or disagree with this appraisal. | |
| Employee: | Date: |
| Supervisor: | Date: |
| Human Resources: | Date: |