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Top 10 Actuarial Associates Interview Questions

Question 1 of 14
Why should we hire you?
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Question 2 of 14
What is your greatest strength?
User-Submitted Answers
1.
My greatest strength is my ability to adapt to change. In my current role with Chase bank, changes in policy and procedure can occur almost daily. I'm constantly checking my email and our guidelines for updates and sometimes talk with coworkers to make sure that we are both informed on the latest policy.
Question 3 of 14
Why do you want a career as an actuarial associate?
Question 4 of 14
Have you ever been overloaded with work?

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Question 5 of 14
Describe a situation where you had to make a quick decision.
Question 6 of 14
By providing examples, convince me that you can adapt to a wide variety of people, situations and environments.
Question 7 of 14
Are you able to cope with stressful situations?
Question 8 of 14
What made you choose a career as an actuarial associate?
Question 9 of 14
What motivates you to succeed?
Question 10 of 14
What was your biggest failure?
Question 11 of 14
Tell me about an accomplishment you are most proud of.
User-Submitted Answers
1.
I am very proud to have passed two actuarial exams. In the beginning, I didn't know if I would be successful, but quickly found it to a rewarding experience. I get enjoyment from studying the exam material and.
Question 12 of 14
What do you know about our organization?
User-Submitted Answers
1.
With an average employee tenure of ten years, Great American Insurance is a company that truly values its employees. They are a leader in a large number of specialty commercial insurance and annuity products.
Question 13 of 14
What is your greatest weakness?
User-Submitted Answers
1.
I sometimes get too preoccupied with the details at the expense of a timely solution. I'm learning that it is sometimes necessary to build up from first principles, but other times we should take some things as given to achieve a speedy solution.
Question 14 of 14
What do you feel is the most important skill an actuarial associate should possess?
User-Submitted Answers
1.
Being able to think independently and anticipate problems before they arise.

About Actuarial Associates

September 3rd, 2017

Actuarial associates are finance experts who specialize in creating customized risk assessment profiles for companies and individual clients. As part of their job, these risk assessment specialists manage investment portfolios, write insurance policies, and recommend retirement plans. Their main objective is to help their clients minimize potential risk.
A bachelor's degree in finance, statistics, business, mathematics or a related field is the minimum educational qualification required to work in this role. In addition, you will have to pass a series of exams in order to qualify for the designation of an actuarial associate. This role requires knowledge of how to use statistical and spreadsheet computer software programs. Risk assessment, analytical, problem-solving and communication skills are essential attributes in this role.
At your interview, the interviewer will ask you why you chose to pursue this particular career path. They will also ask you about your strengths as they pertain to this role and if you think you have what it takes. Many times, interviewers also ask candidates about their weaknesses and what they plan on doing to strengthen their weak areas. Answering correctly and confidently is the key to a successful interview. At Mock Questions, you will find valuable help with brainstorming answers to questions that interviewers typically ask applicants at actuarial associate interviews.

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