1st - Phone Screening - review resume, basic behavioral questions
2nd - In-Person Interview - Meet with 3-5 members of the actuarial team and review your resume and qualifications. More behavioral questions. Finally, you get to eat lunch with members of the team and ask more informal questions. The weirdest part of the interview is that they group you up with 2 other applicants for the position in the process. Makes for a weird competitive atmosphere.