Top 25 Actuary Interview Questions
1. Tell me about a time when you had to work hard to achieve your goals?
List of Actuary Interview Questions
- Tell me about a time when you had to work hard to achieve your goals?
- How do you deal with difficult people?
- What makes you like numbers? When did you realize you enjoyed math?
- Why do you want to be an Actuary?
- What classes did you like most in college?
- How did you hear about actuarial science?
- Describe in detail your recent actuarial/excel projects?
- Describe a situation in life that portrays your communication skills?
- What are your goals in life?
- What was your least favorite college course?
- How many gas stations are their in Florida?
- What is your favorite part about statistics?
- What was your biggest mistake in your past job?
- Did you have any jobs while in school?
- How much do you want to make?
- Tell me about a time when you had to work hard to achieve your goals?
- Where did you grow up? Why did you leave there?
- Tell me about your computer skills.
- Tell me about a time when you had to work in a group?
- Do you follow up on current events? What is your favorite news source?
- What was your greatest accomplishment in your past job?
- Have you take any exams?
- What area of the actuarial field are you looking at?
- Tell me about a situation in which you persuaded a large group of people to change their course of action?
- What is your ideal company to work for like?
- Describe a recent important decision you've made?
- What type of work do you like to do best?
- What do you know about our company?
- Do you plan on taking any more actuarial exams in the future?
- How do you keep on learning features on computer programs, such as excel?
- When can you start?
- What distinguishes you from twenty other people who can do the same tasks you can?
- What do you do in your free time?
- Tell me why I should hire you over all of these applicants?
- Where did you grow up? Why did you leave there?
- How much do you want to make?
- Tell me about a time when you had to work in a group?
- Do you follow up on current events? What is your favorite news source?
- What are your goals in life?
- What do you do in your free time?
- Tell me why I should hire you over all of these applicants?
- How familiar are you in Access?
- How familiar are you with Excel? If I asked you to take a competency exam in Excel, would you be okay with it?
- What languages can you program in?
- What classes did you like most in college?
- Tell me about your computer skills.
- How many gas stations are their in Florida?
- What was your biggest mistake in your past job?
- How familiar are you in Access?
- How familiar are you with Excel? If I asked you to take a competency exam in Excel, would you be okay with it?
- What languages can you program in?
- What makes you like numbers? When did you realize you enjoyed math?
- What organizations did you partake in as a college student?
- What classes did you like most in college?
- What organizations did you partake in as a college student?
- What is your favorite part about statistics?
- Why do you want to be an Actuary?
- Did you have any jobs while in school?
- What was your greatest accomplishment in your past job?
- What organizations did you partake in as a college student?
Actuary Information
March 13th, 2014
An actuary is a business professional who deals with the financial impact of risk and uncertainty. Actuaries provide expert assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries mathematically evaluate the likelihood of events and quantify the contingent outcomes in order to minimize losses, both emotional and financial, associated with uncertain undesirable events.
wikipedia.org/wiki/Actuary
An actuary is a business professional who deals with the financial impact of risk and uncertainty. Actuaries provide expert assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries mathematically evaluate the likelihood of events and quantify the contingent outcomes in order to minimize losses, both emotional and financial, associated with uncertain undesirable events.
wikipedia.org/wiki/Actuary
Actuary User Submitted Interview Answers
Question
1 of 60
1 of 60
Tell me about a time when you had to work hard to achieve your goals?
User Submitted Interview Answers
1.
My desire to become an Actuary has by no means been an easy one. It has required me to push myself beyond what I thot possible. It started with my initail pursuit of a degree in Mathematics and Statistics then eventually a diploma in Acturaial Science.
2.
When i was submitting project report for my profeesional exam.
Question
2 of 60
2 of 60
How do you deal with difficult people?
User Submitted Interview Answers
1.
It depends on the situation. The first question is do I really need to deal with him. If yes then how important is this interaction for me. If it is very important then I try to listen more and speak less. If he is my immediate boss then I would try to figure out what he wants done from me. I would work hard to deliver. If he is just an acquaintance, I wold prefer to go through the interaction without getting very deep into it.
2.
I would communicate with them first and try to explain my opinion and ask for their opinions so that we can try to understand each other better.
Question
3 of 60
3 of 60
What makes you like numbers? When did you realize you enjoyed math?
User Submitted Interview Answers
1.
I think it just how I am. Some people like literature, some like biology some like music. I think numbers have a pattern thing to understand and I like figuring out patterns. I started enjoying maths from the time I was in high school. Also, I realized I like combinatorics and probability problems more.
2.
I got it from my mother, she is a maht teacher so I suppose I got my enthusiasm from her.
Question
4 of 60
4 of 60
Why do you want to be an Actuary?
User Submitted Interview Answers
1.
I was deeply fascinated by actuary profession. From my perspective, it comes down to be the science of financial risk management and control, and how it is applied in the business world to provide financial security to both individuals and institutions, which apparently is much needed in today's ever-changing world. Actuaries participate in high-level business decision-making and solve real problems in every industry.
2.
I want to be an actuary consultant because I enjoy both sides of what an actuary does. I enjoy researching and using quantititative skills to solve problems. But I also like the client and coworker side of the business. Because of my extroverted personality, I always find myself wanting to be around others to work with them. And being an actuary allows me to do both.
Question
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5 of 60
What classes did you like most in college?
User Submitted Interview Answers
1.
I enjoy life contingencies in university because I found that this course may be closer to our life compare to the other courses. For example, we learnt how to calculate premiums and reserves based on specific factors such as age, mortality rate, health status and so on. I worked as an actuarial intern at forsea life insurance in 2014, and I got a chance to assist with product pricing of an endowment insurance. I found that the most useful course would be life contingencies.
2.
I really enjoyed my sociology classes in college because I was able to reevaluate what I see in my everyday life and also see where I can make socioeconomic improvements with my business degree.
Question
6 of 60
6 of 60
How did you hear about actuarial science?
User Submitted Interview Answers
1.
My brother told me.
2.
Actually, I heard about actuarial science from my parents. They read an article from the newspaper which said that actuary was one of the top jobs in United states, and they told me that and I try to do some research on the internet to see what is actuarial science since this was a new term to me.
Question
7 of 60
7 of 60
Describe in detail your recent actuarial/excel projects?
User Submitted Interview Answers
1.
I really enjoy working with excel and access to solve quantitative problems. I took a class in college Information Technology Management and we learned how to solve financial and accounting problems through excel quickly and efficiently. I know this sounds weird, but I almost found it as a game and thought of it as fun as I worked to beat the clock to solve analytical problems. On excel, we made amortization tables, pivot tables, macros, and formulas to efficiently solve problems.
2.
I worked as an actuarial intern at foresea life insurance. I got a chance to assisted the team with building pricing model of a twenty year endowment insurance. At first we needed to identify the factors which we need to consider in the model such as gender, age, car accident rate, mortality rate and so on. And then we needed to write an actuarial report which demonstrated all the terms and conditions for this product. After that, we built an model in excel as well as with prophet.
Question
8 of 60
8 of 60
Describe a situation in life that portrays your communication skills?
User Submitted Interview Answers
1.
One situation where I have showed communication skills is in my most recent job. I currently work for ndigi as the social media person. However, I worked and communicated my boss in order to ensure that he understood the student perspective with the new.
2.
In my last job, most of the time I needed to collaborated with my coworker from the same department as well as different department. For example, by the end of each months, we needed to get all the invoices from the sales department. Most of the time they will not give us the invoice until we call them for many times since they are always very busy.
Question
9 of 60
9 of 60
What are your goals in life?
User Submitted Interview Answers
1.
My goals in life are to be successful in whatever I try, to be a good person in what I say and do, and ultimately be happy.
2.
O My goals in life are to, first and foremost, achieve my personal best. I attended Jericho High school, which is ranked as one of the top 100 high schools in the country. Through their school motto, "Do your personal best," I have strived to do more than I knew I was capable of. I came into high school undirected, but soon began to structure myself in this competitive environment and completed 7 years of mathematics classes in just 4 years of high school. I have so far achieved a 4.0 GPA as a college student and am 3 credits away from junior status. And so much more. I am consistently hard on myself and I strive to accomplish and learn everything that will help me become a diversified business professional.
With this goal, I strive to surround myself in a competitive environment with like-minded individuals. I think at MassMutual, this type of environment would be perfect for me because of its consistent desire to strive for greatness, constant improvement, and coverage for all. I try to place myself in this type of environment since it motivates me to reach my full potential when I am surrounded with other goal-oriented individuals.
Question
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10 of 60
What was your least favorite college course?
User Submitted Interview Answers
1.
My least favorite college course would have to be the general science course - microbes and man - that I had to take freshmen year to fulfill a science requirement.
2.
Mathematics.
Question
11 of 60
11 of 60
How many gas stations are their in Florida?
Question
12 of 60
12 of 60
What is your favorite part about statistics?
User Submitted Interview Answers
1.
My favorite part of statistics is that through math we can predict what is going to happen. Many people don't think predictions can come true; however, through statistics we can look at the data to come up with a logical and accurate prediction that others think is luck, but there is actually a science behind it.
Question
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13 of 60
What was your biggest mistake in your past job?
User Submitted Interview Answers
1.
During one of my group projects that I worked on, I turned an assignment in late. I told my group that I would handle the final editing and submission; however, I screwed up. I submitted the assignment late. I went to the teacher and explained it was my fault and luckily he was understanding about it.
2.
I’ve made mistakes; though I can’t remember of any mistake at this moment that made any significant impact on me”.
Question
14 of 60
14 of 60
Did you have any jobs while in school?
User Submitted Interview Answers
1.
Yes, I had two jobs during school. One that I am currently working while abroad.
2.
Yes as an attender.
Question
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15 of 60
How much do you want to make?
User Submitted Interview Answers
1.
As a summer analyst, I am looking to cover my housing and have some spare pocket change.
Question
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16 of 60
Tell me about a time when you had to work hard to achieve your goals?
Question
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17 of 60
Where did you grow up? Why did you leave there?
User Submitted Interview Answers
1.
I grew up in sungai buloh because it was my family house.
Question
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18 of 60
Tell me about your computer skills.
User Submitted Interview Answers
1.
Your computer skills.
Question
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19 of 60
Tell me about a time when you had to work in a group?
Question
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20 of 60
Do you follow up on current events? What is your favorite news source?
Question
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21 of 60
What was your greatest accomplishment in your past job?
Question
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22 of 60
Have you take any exams?
Question
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23 of 60
What area of the actuarial field are you looking at?
Question
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24 of 60
Tell me about a situation in which you persuaded a large group of people to change their course of action?
Question
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25 of 60
What is your ideal company to work for like?
Question
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26 of 60
Describe a recent important decision you've made?
Question
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27 of 60
What type of work do you like to do best?
Question
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28 of 60
What do you know about our company?
User Submitted Interview Answers
1.
It is a compny of 2 year's existance.
Question
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29 of 60
Do you plan on taking any more actuarial exams in the future?
Question
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30 of 60
How do you keep on learning features on computer programs, such as excel?
Question
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31 of 60
When can you start?
User Submitted Interview Answers
1.
Now itself.
Question
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32 of 60
What distinguishes you from twenty other people who can do the same tasks you can?
User Submitted Interview Answers
1.
Nothing because I am a hard worker and I am very outgoing and loves to work in groups and get the job done.
2.
Nothing because I am a hard worker and I am very outgoing and loves to work in groups and get the job done.
Question
33 of 60
33 of 60
What do you do in your free time?
User Submitted Interview Answers
1.
I write for the university newspaper, I also have a part time job as a Student Ambassador and I train in the club Kung Fu black dragon at the university.
Question
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34 of 60
Tell me why I should hire you over all of these applicants?
Question
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35 of 60
Where did you grow up? Why did you leave there?
User Submitted Interview Answers
1.
in AP. For beeter life oppurtunities
Question
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36 of 60
How much do you want to make?
Question
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37 of 60
Tell me about a time when you had to work in a group?
Question
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38 of 60
Do you follow up on current events? What is your favorite news source?
Question
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39 of 60
What are your goals in life?
Question
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40 of 60
What do you do in your free time?
Question
41 of 60
41 of 60
Tell me why I should hire you over all of these applicants?
User Submitted Interview Answers
1.
Just hire me and you will see why.
Question
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42 of 60
How familiar are you in Access?
Question
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43 of 60
How familiar are you with Excel? If I asked you to take a competency exam in Excel, would you be okay with it?
Question
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44 of 60
What languages can you program in?
Question
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45 of 60
What classes did you like most in college?
Question
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46 of 60
Tell me about your computer skills.
Question
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47 of 60
How many gas stations are their in Florida?
Question
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48 of 60
What was your biggest mistake in your past job?
User Submitted Interview Answers
1.
Not being analytical.
Question
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49 of 60
How familiar are you in Access?
Question
50 of 60
50 of 60
How familiar are you with Excel? If I asked you to take a competency exam in Excel, would you be okay with it?
Question
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51 of 60
What languages can you program in?
Question
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52 of 60
What makes you like numbers? When did you realize you enjoyed math?
Question
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53 of 60
What organizations did you partake in as a college student?
Question
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54 of 60
What classes did you like most in college?
Question
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55 of 60
What organizations did you partake in as a college student?
Question
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56 of 60
What is your favorite part about statistics?
User Submitted Interview Answers
1.
Random walk theory.
Question
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57 of 60
Why do you want to be an Actuary?
Question
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58 of 60
Did you have any jobs while in school?
Question
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59 of 60
What was your greatest accomplishment in your past job?
Question
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60 of 60
What organizations did you partake in as a college student?