Actuaries

Know your strengths and weaknesses Be able to answer typical STAR (scenario) interview questions Understand your technical experience in both programming and coursework related to MassMutual Research different areas to work in at MassMutual

You work on your assigned project - brainstorming, troubleshooting, and talking with co-workers to problem-solve your task Get to know other actuaries at MassMutual during networking events and lunches

Progressive uses the STAR method (situation, task, action, result) during interviews. This means that you have to respond to every question asked using god the STAR method. Many example STAR method questions can be found online. I would recommend practicing answering those questions before the ac...

Progressive has very flexible hours. You can go into work anytime from 7:30-9:30. There are monthly reserve reviews that you will complete. As an intern you will get very simple reviews and your manager will help you when needed. You present your review at the end of the month. You will also have...

Be knowledgable about the industry and be prepared to ask informed questions. It is important to know why you want to work at WTW and why you chose consulting. The majority of questions are behavioral so make sure to practice those. This is a consulting position, so in general they are looking fo...

The interviews are predominately behavioral so mostly focus on preparing answers to common behavioral questions. Also make sure you know about the job and the company as the whole and go in with some questions about the job and the interviewers experiences at the company.

As with all interviews, I would suggest looking up the company and familiarizing yourself with the type of insurance that Combined provides. From working there, I know that they have worksite (critical illness, disability, and accident) as well as life insurance. The parent company Chubb deals in...

Progressive also does a great job of giving their employees a work-life balance. Employees are never expected to work more than 8 hours a day. Progressive also has many amenities at the offices such as a gym or nap rooms if you need a break from working. Interns all live in the same apartment bui...

Our intern prepares rate filings. At least they do in Horsham PA. The intern is responsible for analyzing historical claims, recommending adjustments, and working with other team members/actuaries to recommend rate changes for the upcoming year. We do business in 55 states and territories. The in...

I think there are three things you can do to prepare for an interview with Society Insurance. Make sure you are familiar with P&C insurance as Society is a P&C company. Make sure you study their website and are comfortable talking about what Society does. Have concrete examples of times you've us...

A typical day for me at Society would be arriving between 7:30-8:00 AM, start working at my cubicle on projects that I was trying to finish the day before for about an hour while the rest of the Actuaries arrive. The morning is spread out with coffee breaks, new assignments from my supervisor, an...

My experience was work 8 hours a day, take an hour to rest and eat, and then start my studying for actuarial exams 7-10 PM. However I made sure that I would take time to hangout with the other interns around town, take weekend day trips to Madison or Milwaukee. Hang around the lakeside park in th...

I would say the top three technical skills you need are Excel, VBA, and SQL knowledge. After that, interpersonal skills and communication are important because you will be interacting with many people in the company.

I would be able to talk about your involvement with student organizations/part-time jobs and how the skills learned there will transfer to the culture of USAA. Of course, you want to be able to discuss your interest in the actuarial profession as well, but give equal if not more attention to your...

Work with a subject matter expert on intern project Participate in company seminars or intern events. You can also invite people to lunch.

It varies depending on the team you’re working for and the type of manager you’re reporting to. Some start the day with a type of team meeting or “huddle” where they talk about current projects updates. You’ll generally have one or two on going projects that you’ll spend the majority of your time...

It's always a good idea to think about the kind of questions they will ask. Think about times you worked well in a group. Think about times you took initiative on a project. Think about something in a project that challenged you, but you overcame. And most of all, harp on the stuff you are proud ...

I spent most of my time calculating individual retirement benefits for plan participants. This entails data entry in excel templates and following plan guidelines to determine what benefits are being vested. It's repetitive, but it requires attention to detail. You'll occasionally have to calcula...

The interview is very casual. They just want to see that you care about potentially becoming an actuary, and that you have an actuarial exam or more under your belt, or some knowledge of the subjects covered in the first two actuarial exams. Don't worry about technical questions, but be prepared ...

Cigna values leadership experience and clear communication skills. To prepare for a Cigna interview, challenge yourself to think of ways to explain complex business or technical terms to non-technical people. In addition, try to think of times where you take charge of situation or problem and led...

Being an actuarial intern at Cigna is a balance between the core actuarial work, often done individually, and learning how to be an effective business leader working as part of a team. Actuarial interns are given a project to work on throughout the summer, culminating in a final presentation to t...

The Actuarial Intern program was a 10-week long program that gave exposure to some of Prudential's actuarial functions and groups. Each intern was placed on a team and worked on various projects depending on the nature of the team. There were also many networking opportunities available with seni...

As with all other actuarial positions, recruiters are looking for candidates who have good understanding of mathematical concepts and are able to articulate in a deliverable manner. I think the key here is how you communicate. If you put yourself in the position of recruiter's shoes, they are loo...

Work-life balance is held in high regard at Humana, where hours are expected to remain less than or equal to 40 hours a week. You also get PTO days as an intern which accrues over time.

In this position, there is a lot of training of how to use mathematical models to forecast the insurance reserves for their different products. There is training and usage of SQL and SAS which allows the interns to practice their coding abilities as well. An incoming intern could expect to have ...

Each workday is flexible. You are expected to work at least 20 hours a week, but your schedule can be tailored to fit your class schedule if you are also taking classes. If you stay until 5pm, Deloitte typically order “busy season dinners” for the consultants, and winterns are included in these d...

In the Detroit office, a winter actuarial intern typically helps the consultants with busy season. This involves assisting with pension audits, which work with yield curves and interest rate models.

Overall, a very good work-life balance. We work Monday thru Friday 8 hours a day. When I am home, I am not expected to continue working or respond to email. On vacations, your department and team will respect your time away from work.

You need to possess a strong understanding of basic economics (supply and demand), and have some skills with Excel. (knowledge of SQL and SAS is a plus, but not expected). At AA we understand that Revenue Management is a niche practice, and not taught in most undergraduate and graduate courses. S...

The skills required for Catastrophe Modeling Analyst are:Candidate must be able to demonstrate Analytical thinking.Candidate must be comfortable with mathematical calculations.Candidate must be able to manage time effectively and handle work pressure during peak season.Candidate should be able to...

-Make sure your skills align with the job description.-Be able to attest to any technical skills that you put on your resume as this is a very technical role.-Do your own research in regards to Texas Entitlement programs.

The skills required for Catastrophe Modeling Analyst are:Candidate must be able to demonstrate Analytical thinking.Candidate must be comfortable with mathematical calculations.Candidate must be able to manage time effectively and handle work pressure during peak season.Candidate should be able to...

The interviewer is likely a trained actuary and will have questions to test your technical knowledge. Be sure to understand what type of actuarial tools they will be using, which valuation tools. Last I worked there they were using Proval. Much of the work is in Excel, they will test your excel k...

Read up and understand as much as you can, the role and responsibilities of actuaries who work in a consulting capacity vs those that work in primary insurance companies. Create a list of questions focusing on job, company, opportunities and culture. Diversify your college course experience with...

Make sure to do research on the company, AXA Equitable (also goes by AXA US) as well as AXA Advisors, the financial professionals branch of the company. Be prepared to answer questions about the company and why you want to work here.