Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Browse Open Actuarial Jobs

Life  Health  Casualty  Pension  Entry Level  All Jobs  Salaries


Reply
 
Thread Tools Display Modes
  #11  
Old 07-29-2016, 04:26 PM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 14,067
Default

If you ask me what my greatest weakness is, I will not like you. Don't do that. pls.
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.
Reply With Quote
  #12  
Old 07-29-2016, 04:31 PM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 78,966
Blog Entries: 6
Default

Note: those are not questions you should anticipate.

Also, don't tell the interviewer that the question just asked was stupid and/or illegal. Even if it was.
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
  #13  
Old 07-29-2016, 05:26 PM
whoanonstop's Avatar
whoanonstop whoanonstop is offline
Member
Non-Actuary
 
Join Date: Aug 2013
Location: Los Angeles, CA
Studying for Spark / Scala
College: College of William and Mary
Favorite beer: Orange Juice
Posts: 5,521
Blog Entries: 1
Default

Quote:
Originally Posted by therealsylvos View Post
If you ask me what my greatest weakness is, I will not like you. Don't do that. pls.
"My greatest weakness is the question about weaknesses in interviews"

-Riley
__________________
It is impossible to have a professional forum where the majority of your professionals are anonymous.

Map of Actuarial Hiring Companies
Reply With Quote
  #14  
Old 07-29-2016, 05:38 PM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 14,067
Default

Quote:
Originally Posted by whoanonstop View Post
"My greatest weakness is the question about weaknesses in interviews"

-Riley
I prefer to cut to the chase,

"My greatest weakness is lack of introspection and identifying my weaknesses."
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.
Reply With Quote
  #15  
Old 07-29-2016, 06:06 PM
ElDucky's Avatar
ElDucky ElDucky is offline
Free Mason
 
Join Date: Jul 2004
Location: In a van, down by the river
Studying for Let me worry about blank
Favorite beer: Trappistes Rochefort 8
Posts: 38,674
Default

Quote:
Originally Posted by campbell View Post
1. There are questions we expect you to be prepared for.



Be prepared for them.


2. There are questions we don't expect you to be prepared for.

Don't bullshit an answer. If you don't have a good reply or just blank out, that's okay. You can say "I'm sorry, I'll have to get back to you about that."

Write down the question, and answer it later via email or phone.

Gives you a good excuse to do followup contact anyway.

3. But you will not look good if you don't have an answer ready for questions you should have anticipated.
"I'll get back to you on that after I ask MPC the answer."
__________________
Reply With Quote
  #16  
Old 07-29-2016, 06:45 PM
JMO's Avatar
JMO JMO is offline
Carol Marler
Non-Actuary
 
Join Date: Sep 2001
Location: Back home again in Indiana
Studying for Nothing actuarial.
Posts: 36,312
Default

Quote:
Originally Posted by therealsylvos View Post
If you ask me what my greatest weakness is, I will not like you. Don't do that. pls.
It's a bs question, and you should have a well-prepared bs answer. Then move on.
__________________
Carol Marler, "Just My Opinion"

Pluto is no longer a planet and I am no longer an actuary. Please take my opinions as non-actuarial.


My latest favorite quotes, updated Oct 13, 2017.

Spoiler:
I should keep these four permanently.
Quote:
Originally Posted by rekrap View Post
JMO is right
Quote:
Originally Posted by campbell View Post
I agree with JMO.
Quote:
Originally Posted by Westley View Post
And def agree w/ JMO.
Quote:
Originally Posted by MG View Post
This. And everything else JMO wrote.
MORE:
Quote:
Originally Posted by Bro View Post
I recommend you get perspective.
Quote:
Originally Posted by Enough Exams Already View Post
Dude, you can't fail a personality test. It just isn't that kind of test.
Quote:
Originally Posted by Locrian View Post
I'm disappointed I don't get to do both.
Quote:
Originally Posted by elleminopee View Post
For me, I take accusations of simplicity as more of a compliment than an insult. When the level of complexity in your model is more than you can validate, you are wasting your time.
Reply With Quote
  #17  
Old 07-29-2016, 08:11 PM
CowBoomBoom CowBoomBoom is offline
Member
CAS
 
Join Date: May 2014
Studying for C
College: Life
Posts: 238
Default

Quote:
Originally Posted by therealsylvos View Post
If you ask me what my greatest weakness is, I will not like you. Don't do that. pls.
Sour Patch Kids, can't get enough of those, probably gonna get diabetes.
__________________
Exams: 1/P 2/FM 3F/MFE 4/C, S, 5, 6
Economics VEE || Corporate Finance VEE || C1 || C2
Reply With Quote
  #18  
Old 07-29-2016, 08:28 PM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 78,966
Blog Entries: 6
Default

Quote:
Originally Posted by ElDucky View Post
"I'll get back to you on that after I ask MPC the answer."
You have to buy me a drink.

Fruit baskets don't do it for me
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
  #19  
Old 07-29-2016, 11:20 PM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 14,067
Default

Quote:
Originally Posted by CowBoomBoom View Post
Sour Patch Kids, can't get enough of those, probably gonna get diabetes.
At the risk of outing myself, I went straight to the source on that shit. Taffy dipped in sour salt (a.k.a citric acid)...my dentist has made a quite a bit off of me.
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.
Reply With Quote
  #20  
Old 07-30-2016, 02:56 AM
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 25,822
Default

Already, a question from the studio audience:

Quote:
Westley,

I am in an insurance-related, non-actuarial position, with an actuarial interview coming up in a different field. I'm several years post college, and feel like I communicated pretty clearly with the recruiter that I am looking to change fields at this point in my career. The position is looking for several years of work experience so my question is what is expected of me in an on site interview in terms of knowledge of the industry.
Most likely, there is no expectation at all, with respect to your specific question: knowledge of the industry. A couple years out of school, and not currently in an actuarial role, I would expect:
Basic understanding of how an office works, how to communicate with people and get stuff done
General understanding of normal tools used - Excel, PowerPoint, etc.

I'd be thinking about this hire as somebody that knows slightly more than a new college grad, and who I will have to spend less time hand-holding to get them up to speed.

For the hand-holding, here's how I think of it:

New grad, we have a data problem, that the file provided by IT doesn't match up with what was previously provided to us, and we don't know why. So, I'll take you over to IT, we'll meet with the people that provide the data, ask them about changes that were made recently in the file formats or whatever, they'll give us information that may or may not be useful/accurate (most likely tell us that there were no changes made and the problem must be in how we use the file), we'll get whatever info we can and then go back and dig through the data file together, most likely trying to find data elements that should not have changed between the two files, and then if they've changed we can go back to IT and ask specifically about them and drill down into what exactly changed and how that impacted us. Then we can figure out a go-forward plan for using the data file.

As somebody with a few years of experience, I'm probably going to show you the two files (past and current), show you how we use the file, then tell you to dig into the two files and see if you can figure out anything that's giving us problems. Then, when you come in and explain to me what you've found, and I'm satisfied that you understand the files and data well enough that you're not going to confuse others or embarrass yourself, I'll give you the name of a contact person in IT and ask you to go talk to them, figure it out.

Most of that is just generally understanding how to work with others and get things done in an office environment, which a lot of new grads don't know. They'll do something stupid, like when IT says that they didn't change anything, the new grad just gets frustrated, tells them they're wrong and stupid, or some other problematic attitude.


So, that's what I'd be looking for in the interview: evidence that you're able to do actuarial work as well as a new grad (exams, grades), and able to perform in an office environment like somebody that has worked in an office for a few years.

Of course, lots of value in having a bit of industry knowledge, but I'd probably try to know a bit about the company itself: what products it sells, target market, very general things like that. Probably as simple as spending 30 minutes with the annual report if it's a public company.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 03:52 AM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.32960 seconds with 10 queries