How do I prepare for an actuary interview?
Tips to Prepare for an Actuary Interview
- Research the company. You should do some research on the company before your interview.
- Read the job description. Job descriptions contain a lot of information that you need to know before the interview.
- Have an interview prep session.
What motivates you to pursue an actuarial career?
To be successful in this field, you will need to demonstrate excellent analytical thinking and the ability to solve complicated financial problems. Solid commercial and economic understanding, as well as being able to interpret and communicate complex information in a clear way are also essential.
What would you say is your most important role as an actuarial analyst?
What does an actuarial analyst do? An actuarial analyst is responsible for analyzing and managing the financial risks of a business. Actuarial science is a deeply sought-after field that plays a high role in the success of a company.
What questions should I ask an actuary?
- what are your daily duties/responsibilities?
- how did you balance your job, studying for exams, and personal time?
- what do you like most/least about your job?
- how did you decide what company and field you wanted to work in?
- what are your typical hours like?
Why do you want to be an actuarial analyst?
Most actuaries really enjoy their work and are proud of what they do. It’s an all-rounded profession as it offers good employment prospects, job security, growth opportunity and salary benefits. Besides being a top-ranked profession, actuarial science is often voted one of the hardest fields to study.
Are actuaries respected?
It’s a well-respected profession. Not only does becoming a professional actuary arm you with a prestigious and internationally recognised qualification, it is also a respected profession that plays a pivotal role in many organisations across different disciplines.
Do you have to be smart to be an actuary?
If you’re not completed turned off by all the math, and you’re able to understand the math concepts that you learned in your university level high school courses, then you’re smart enough to be an actuary. Smarts isn’t all you need to be successful in this career though.
Do actuaries code?
Actuaries use various programming languages to help them organise and analyse data. Microsoft Excel and VBA are a must if you want to be an actuary. You may be required to learn additional programming languages such as SQL, SAS, R and so forth but as a start you need to have good Excel and VBA skills.
Why do you think you can be a good actuary?
The skills developed and honed by successful actuaries include an excellent business sense with knowledge of finance, accounting, and economics; keen analytical, project management, and problem solving skills; specialized math knowledge; strong computer skills; and solid written and oral communication skills.