An Actuary uses mathematics, computer science, and statistics to assess the risks associated with certain events and helps companies plan for or reduce the financial repercussions should these events occur. Actuaries evaluate, manage and advise on financial risks. They apply their knowledge of business and economics, together with their understanding of probability theory, statistics and investment theory, to provide strategic, commercial and financial advice.
The core of actuarial work lies within pensions and insurance, where professionals are most likely to start off. Some actuaries may move on to investment banks at a later stage. Actuarial work can be diverse and ranges from highly technical roles developing complex financial products in investment banks or pensions and insurance companies to consultancy roles for those seeking a client-facing career.
Whether you're a job seeker preparing to be interviewed for the role of Actuary or an employer preparing to interview candidates for Actuary position, these Actuary interview questions will help you prepare yourself for the job interview session.
Below are a list of some skill-based Actuary interview questions.
Every interview is different and the questions may vary. However, there are lots of general questions that get asked at every interview.
Below are some common questions you'd expect during Actuary interviews. Click on each question to see how to answer them.
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