Interview preparation for actuarial professionals on jobs in Banking and Investments, General Insurance, Life & Health Insurance, Pensions, Employee Benefits and Consulting

INTERVIEW PREPARATION

Spend as much time as you want quizzing your recruitment consultant on your forthcoming interview, the interviewer and their style. Combine this information with the guidance provided below and you should have a solid foundation on how to conduct yourself during your employer interview.

Preparing for the interview

Preparation is the first essential step toward a successful interview. It is important to:

  • Do some research on the company that's interviewing you. You should know what its products and services are, what its growth has been and what its growth potential is for the future. You should get an idea of how big their actuarial department is and where the areas for expansion are. Once you find their details on the internet, you should carefully scrutinise all information provided
  • Work out in advance your responses to the obvious interview questions (see below)
  • Prepare the questions you will ask during the interview. Remember that an interview is a "two-way-street". The employer will try to determine through questioning if you have the qualifications necessary to do the job. You must determine through questioning whether the company will give you the opportunity for the growth and development you seek
  • Some probing questions you might ask... (a) A detailed description of the position? (b) Reason the position is available? (c) Anticipated training programme? (d) Company growth plans? (e) The next step in the hiring process?
  • Men should dress in a business suit (NO SPORTS CLOTHES), white or soft pastel shirt, conservative tie, dark socks, shoes well shined and a neat haircut. Women should dress very tailored and conservative
  • Be prepared for a technical interview or possibly a written test. See if the company's website gives examples of tests or case studies to work through in advance
Be prepared to answer questions like these
  • Why did you choose this particular vocation?
  • Why do you think you might like to work for our company?
  • What do you know about our company?
  • What do you think determines a person's progress in a good company?
  • Can you get recommendations from previous employers?
  • What contributions to profits have you made in your present or former position to justify your salary level?
  • Can you take instructions without feeling upset?
  • What is your major weakness?
  • Are you willing to relocate?
  • How would you cope with relocation i.e. would you sell your house or rent it out etc.?
  • How do you spend your spare time? What are your hobbies?
  • What type of books do you read?
  • What job in our company do you want to work towards?
  • What jobs have you enjoyed the most? The least? Why?
  • What are your special abilities?
  • Do you mind working long hours?
  • Are you prepared to travel in the UK or abroad?

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