Actuarial Internship Interview Questions | Glassdoor

# Actuarial Internship Interview Questions

16

Actuarial internship interview questions shared by candidates

## Top Interview Questions

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### Actuarial Internship at Allstate was asked...

Jan 3, 2011
 If you have three baskets one with apples, one with oranges, and one with both. If all of the baskets are incorrectly labeled, and you can pick one piece of fruit out of one of the baskets, how can you correctly label all of the baskets?2 AnswersLook inside the basket that is labeled both because it will either be completely apples or oranges, then you can label the rest.Pick one fruit out of the basket labeled mixed. It will be either an orange or an apple. The one labeled mixed fruit will be the fruit that was not picked up. The third basket will be the one with mixed fruit.

### Actuarial Internship at Allstate was asked...

Jan 3, 2011
 You have two empty jars, 50 black marbles and 50 white marbles. If you can place any of the marbles in both jars, how can you maximize the probability of drawing a white marble?2 AnswersPlace one white marble in one jar then the rest of the 49 white and 50 black in the other jar. Then your probability of drawing the white will be close to 75%.The other solution is insanely wrong. If you were to respond with that solution, you would surely fail the interview. Although, I cannot imagine anyone pursuing a career as an actuary would make that mistake. Hint 1: Use the Law of Total Probability Hint 2: Conditional probability over the union of mutually exclusive and jointly exhaustive sets (ie. the whole space) is the same thing as calculating probability without the condition

Jan 6, 2011

### Actuarial Consulting Internship at Milliman was asked...

Feb 7, 2010
 What was your favorite and least favorite class in college and why?1 AnswerFavorite: Advanced Applied Calculus for Engineers. I highlighted that it was exciting for me to be thrown into an environment covering many topics in quick progression, etc. Least Favorite: Linear Partial Differential Equations. I described that I had a hard time finding relevance for this class with my future and my own life, coupled with a difficult and dull professor.

### Summer Actuarial Internship at Pacific Life was asked...

Jan 1, 2014
 What type of programming skills do you have?Be the first to answer this question

### Actuarial Internship at Wellmark was asked...

Apr 18, 2013
 Can't recall anything that was difficult or unexpected.Be the first to answer this question

### Summer Actuarial Internship at AXA Equitable was asked...

Jan 6, 2011
 When you suddenly find out that a project you've been working on has gone in the wrong direction, what do you do? Tell us in general and then give us a specific example of when this has happened.Be the first to answer this question

### Actuarial Internship at Mercer was asked...

Jan 9, 2012
 Why do you want to be an actuary?Be the first to answer this question

### Actuarial Internship at The Hartford was asked...

Aug 6, 2010
 Have you followed the company's website?Be the first to answer this question

### Actuarial Internship at AAA Life Insurance Company was asked...

Sep 20, 2013
 General behavioral questions Questions on estimation - Estimate the number of people who buy calculators in 1 year Reasoning questions - If CEO comes and gives you a project, how would you determine if you are going in the right direction, 3 months after you started the projectBe the first to answer this question
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