Glassdoor users rated their interview experience at First Actuarial as 100% positive with a difficulty rating score of 2 out of 5 (where 5 is the highest level of difficulty). Candidates interviewing for Actuary Summer Intern and rated their interviews as the hardest, whereas interviews for Actuary Summer Intern and roles were rated as the easiest.
Here are the most commonly searched roles for interview reports -
I applied online. I interviewed at First Actuarial (Manchester, England) in Dec 2022
Interview
Had to prepare and give a presentation on a mathematical topic of my own choice, which was followed by a couple of questions about the presentation. The rest was about some common things actuaries do and the types of pensions, followed by behavioural questions.
Interview questions [1]
Question 1
Describe the different types of pensions and their differences.
Interview process felt very mechanical and interviewers did not feel engaged in the conversation. Worst part for me was that I reached assessment centre and when I got rejected, it was through an automated email. When I emailed my interviewer for feedback I never got a response. When passing 4 stages for a role, the least I expect is a few comments on how I performed in these stages so that I can improve. I think this shows a lot for the company culture limiting support for its employees.
Interview questions [1]
Question 1
Why want to work in pensions.
Do a presentation on a topic in pensions.
First had an online interview call with 2 investment consultants, then got invited to interview in person. Interview consisted of a 10 min presentation, then questions. Then had an hour interview, followed by an hour of tests.
Interview questions [1]
Question 1
What's the difference between defined benefit and defined contribution pension schemes?