I applied online. The process took 2 days. I interviewed at Inside Washington Publishers (Arlington, VA) in Aug 2012
Interview
Prepare for a lot of questions about whether or not you understand what they do. You don't have to know the ins and outs of any particular policy area when you start out, but understand a little about their audience and how coverage has to go beyond headlines available on mainstream policy news sites.
Interview questions [1]
Question 1
Why would someone pay thousands to subscribe to this publication?