QRM Interview Questions & Reviews

assume you're given a triangle, how would you verify?

What do you understand by polymorphism and inheritance?

What are some of the advantages of OOP, in your experience?

Write an in order trace through a binary search tree.

different types of interest rate modeling

What is the biggest risk that a bank faces?

How many people from my program applied for QRM?

I came from a consulting firm, so I was asked about my experience with clients. They are looking for someone to be actuarial customer support for the companies using their risk management product, so having this communication experience is very valuable.

My resume was covered quite thoroughly, so going into the interview knowing what you want to say about EVERY bullet point will be great preparation. I had something poorly worded under one of my internship experiences and was called out on it. It also seemed that each section was covered by another person. My education was covered by one person, internships by the next interviewer, and then finally professional experience by the third.

This role requires the ability to discuss very technical ideas with their clients, so they want to see that you can do this. I was asked very detailed questions about my previous work. Don't let the prying frustrate you, I think that's what they're trying to do to see how you respond to the pressure.

Some accounting-type knowledge is useful to have. I was asked very specific questions about assets and insurance: What types of risk do insurance companies face? Describe some options? I was then given specific cases and asked to compute option value. Nothing crazy if you have actuarial exam experience (FM or MFE) with option pricing, but good luck if you haven't taken any exams.
Are you familiar with "forward rates"?
Two different interviewers asked me about the Black-Scholes Formula. I said I have used it and they asked me what the variables are.

I was let go from my previous job, so this way really questioned. They saw this as a red flag and did a lot of digging into why I was let go. If you're in the same position, be ready for this.

Write one line of C++ which will output the reverse of a string input.