Actuary Internship Interview Questions | Glassdoor

Actuary Internship Interview Questions

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Actuary internship interview questions shared by candidates

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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

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.

Jan 6, 2011

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

Actuarial Internship at Symetra was asked...

Oct 31, 2011
 What do you think an actuary does?Be the first to answer this question

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

Actuary Internship at Pacific Life was asked...

Sep 2, 2012
 Tell me about the most difficult project you had using VBA.Be the first to answer this question

Actuarial Internship at MassMutual was asked...

Feb 11, 2013
 What did you struggle most with so far and how did you overcome it?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
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