Actuary Interview Questions

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Actuary interview questions shared by candidates

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Actuary & Medical Recruiting
Actuary was asked...10 August 2017

None

2 Answers

None, re-worded the job description when I started asking questions.

Applicant: I am not sure I understand. You want me to enroll in a class and pay you a fee up front? Recruiter: Are you sure this is for you? Have you had this, that, and the other class? Applicant: Doesn't your fee come from the hiring company? I meet the descriptions of the job. Recruiter: I don't think this is for you. I need to shove more mashed potatoes in my mouth. Less

AIG

Explain the Bornhuetter-Ferguson method.

2 Answers

Be able to articulate that this is a weighting between development of historical losses (chain-ladder) and an expected loss ratio. Less

In BF method we consider basic chain ladder merthod i e past patterns as wellas loss ratio i.e clain per unit of premium related to current data. So it provide a good combination . Less

Hymans Robertson
Actuary was asked...18 December 2019

What is your favourite team you are part of and why

1 Answers

Hey there, any possibility I could get an idea of the questions they asked you? Thank you. Less

GPM Investments

how you prepare for exam

1 Answers

study

Transamerica

Have you taken a class that required a lot of reading?

1 Answers

I believe he was looking for if I was willing to do the work necessary to study for and pass the actuarial exams. After I answered, he mentioned that there was a lot of reading that goes along with the later exams. Less

Nationwide

How many cubic feet in a cubic yard? I was just so caught off guard by this as he just pulled it out in the middle of the interview when I was talking about my current job.

1 Answers

27CF

Willis Towers Watson

Very personal and chatty. The interviewer did not ask any behavioral questions. I think they want to see whether you can suit them by looking at how you talk with them.

1 Answers

Tell me something you did on campus?

John Hancock

Technical question I do not know

1 Answers

Have no aswer

John Hancock

They were interested in technicals skills and products I worked on. The LTC area seemed to be an area where there was opportunity for someone with detailed expertise in pricing valuation and review of experience data.

1 Answers

Provided examples of more difficult situations that I had dealt with in areas of non forfeiture testing , product design in areas where there was more risk and volatility. They were very nice and professional. The lady from HR asked me what my ideal job and work environment was. I felt they were working in a good manner to ensure they got a good match. Less

Capita

why did you chose to work in this industry and for this company?

1 Answers

I said that I had an interest in finance and that the company had exactly what I was looking for. Less

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