Actuarial Interview Questions | Glassdoor.co.uk

# Actuarial Interview Questions

231

actuarial interview questions shared by candidates

## Top Interview Questions

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17 Oct 2012
 IQ question. There are 25 horses and you want to find the fastest 3. Given that you can only put 5 of them in each race, what is the minimum number of races that you need?5 Answers7you need 7 racesAnswer is 5. Unless the timings of the horses were not known, then the answer is 7.Show more responses6 race 5 each group, pick the best of each group and one fore the final 5^ Why would it be 7 if you could determine 1st to 5th place from the 6th race?

### Actuarial at Aon was asked...

27 Nov 2016
 Suppose you have four people that need to cross a bridge in the night. The bridge can hold the weight of two people at the same time and each person takes 1,2,5,10 minutes. What's the minimum time that they need to cross the bridge?3 AnswersIs the answer 12?10 mins1omin. Let the person that will take the longest time go first, the others go sequentially and so will take 1+2+5 so 8 minutes which is smaller than 10 min

### Actuarial Analyst Intern at Willis Towers Watson was asked...

11 Feb 2013
 Why do we use Monte Carlo in industry industry practice?1 AnswerTo capture randomisation/variation!

17 Jan 2019
 What have you read/seen in the media relating to the insurance industry?1 AnswerI talked about solvency II.

### Actuarial Analyst at Legal & General was asked...

20 Feb 2019
 You have 9 balls, all are the same weight apart from one that is heavier and a balancing scale, you can only scale the balls twice, how would you find the heaviest ball?1 AnswerPart A Weigh 3 balls against 3 other balls on the balancing scale (leaving the 3 remaining balls out). If one of the weighed sides is heavier than the other, keep the heavier side's 3 balls and remove the other 6 balls from the exercise. On the other hand, if neither of the weighed sides is heavier than the other, remove from the exercise the 6 weighed balls and keep the 3 un-weighed balls. If any balls that haven't been removed from the exercise are on the balancing scale, remove them from the balancing scale. Part B With the 3 balls kept, put one on each side of the balancing scale and keep the remaining 1 aside. If 1 of the 2 balls weighed in Part B is heavier, that's the ball you're trying to find. On the other hand. if both side weighs the same, the remaining 1 aside is the ball you're trying to find.

4 Nov 2017

### Senior Actuarial Analyst at Mercer was asked...

11 Apr 2017
 What would you do if you realised you had made a significant mistake?1 Answer1. Double check it was a mistake, rather than something I did for a good reason that I had forgotten. 2. Report it to my manager/senior person on the client/compliance team, depending on company policy.

### Actuarial Analyst at Aon was asked...

7 Dec 2016
 Why choose Aon and why u fit the role?1 AnswerWhat can u bring to the team?

### Actuarial Consultant at Reynolds Porter Chamberlain was asked...

3 Oct 2018
 Why Actuary?1 AnswerCan you provide any hints as to what the excel task consisted of? Thanks

### Actuarial at Willis Towers Watson was asked...

5 Nov 2014
 A time you've had to build a relationship over a long period of time 1 AnswerHi! Just came across this! Will you be there at the welcome event on Friday? I am also starting this September.
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