Internia

Actuarial Science Interview Experiences

Deloitte

Actuarial Analyst

Toronto, ON

Fall 2025No Offer

University of Waterloo · Actuarial Science

3rd year · 3.3-3.6 GPA · 1 past internship

Hard Interview

Case studyVirtual

Case about choosing an insurance strategy for an auto company with actual calculations. Behavioral was fine, asked why actuarial consulting and walked through resume in two 30 minute interviews on zoom

Questions Asked

  1. 1.What actuarial software or tools are you most comfortable using?

TD

Actuarial Analyst

Summer 2026No Offer

University of Manitoba · Actuarial Science

3rd year · 3.3-3.6 GPA · 0 past internships

Multiple roundsEasyFast process

Was surprised how quick the whole process was, applied on LinkedIn and they got back to me 2 days after for an interview. One thing I found weird was there were 4 interviewers kinda seemed like overkill and amde me more nervous for no reason lol but simple 'walk me through your resume' then gave me times to ask questions

Sun Life Financial

Actuarial Analyst

Toronto, ON

Summer 2026Accepted

University of Waterloo · Actuarial Science

Alumni · 3.3-3.6 GPA · 4+ past internships

Easy Interview

BehavioralVirtualFast process

Glad I reviewed pricing vs valuation in insurance, asked about it. Phone screen with HR then a zoom with a team lead and director. Program takes around 70 students, lots of exam support

Questions Asked

  1. 1.What is claims reserving and why is it important?
  2. 2.Tell me about your most challenging exam and how you prepared for it.

Willis Towers Watson

Actuarial Analyst

Toronto, ON

Fall 2025No Offer

University of Toronto · Actuarial Science

3rd year · 3.3-3.6 GPA · 1 past internship

Hard Interview

Pre-recordedMultiple roundsBehavioralStressful

Did the Hirevue first, 5 questions with 30 sec prep and 3 chances to re record each one. Then an assessment day with four strength based interviews each focused on one competency and a group activity at the end. The group activity was some kind of problem solving scenario with 4 other candidates and I found it hard to read how they were evaluating it. Not traditional behavioral so the questions feel different from the standard STAR format

Questions Asked

  1. 1.Explain the difference between a prospective and retrospective reserve method.
  2. 2.Tell me about a time you found an error in actuarial work. What did you do?

Intact Insurance

Actuarial Analyst

Toronto, ON

Winter 2026Accepted

University of Waterloo · Actuarial Science

3rd year · 3.7+ GPA · 1 past internship

Hard Interview

Pre-recordedConversationalVirtual

SQL heavy technical screen and questions about data modeling, didn't expect that. week long take-home building a predictive model on real claims data. onsite was 5 rounds with panels of 2-3 people asking about risk assessment and actuarial modeling and regulatory constraints. they kept bringing up how Intact approaches claims prediction and pricing models. exhausting but interesting process overall just very long

Questions Asked

  1. 1.Explain what present value of future benefits means in the context of life insurance
  2. 2.Whats the difference between claim frequency and claim severity?

Zurich

Actuarial Analyst

Toronto, ON

Summer 2026Accepted

University of Waterloo · Actuarial Science

3rd year · 3.3-3.6 GPA · 1 past internship

Easy Interview

BehavioralVirtual

Interview covered why Zurich and I talked about their hybrid model and international presence. Then a question about a time I failed and how I handled it. Also was asking about my data analysis experience which was little lmao

Questions Asked

  1. 1.Describe a time you had to make an assumption under high uncertainty
  2. 2.Explain the concept of a survival function

Desjardins

Actuarial Analyst

Quebec City, QC

Summer 2026Accepted

Université Laval · Actuarial Science

3rd year · 3.3-3.6 GPA · 0 past internships

Easy Interview

BehavioralVirtual

Very very chill. Phone screen then video call with a senior actuary. Exam progress, Python and some French

Questions Asked

  1. 1.What's the difference between a defined benefit and defined contribution pension plan

Willis Towers Watson

Actuarial Analyst

Fall 2025Accepted

University of Waterloo · Actuarial Science

5th year · 3.7+ GPA · 3 past internships

ConversationalVirtual

Interview was very conversational. They did not ask many questions, rather let you ask them questions and guide the conversation. Be prepared with questions that demonstrate your interest in the team

Definity Insurance

Actuarial Analyst

Waterloo, ON

Fall 2025No Offer

University of Waterloo · Actuarial Science

2nd year · 2.9-3.2 GPA · 0 past internships

Easy Interview

BehavioralMultiple roundsVirtual

100% behavioral and resume stuff, nothing actuary specific. Virtual screening then a formal interview with the hiring team. Definity gets tons of applicants from Waterloo so competition was stiff

Questions Asked

  1. 1.What is the combined ratio in P&C insurance?

Scotiabank

Investment Banking Analyst

Toronto, ON

Summer 2025Accepted

University of Calgary · Actuarial Science

3rd year · 3.3-3.6 GPA · 1 past internship

Hard Interview

Fast processBehavioralVirtual

Phone screen then coffee chat with other candidates then panel interview then superday. The coffee chat is supposed to be casual but you can tell they're evaluating you the whole time. Panel was 2 on 1 and got into technical stuff right away, EPS calculation and accretion/dilution. Superday with MDs was intense lots of mental math and they wanted my views on where energy markets are heading. Studied LBOs hard and it paid off because they had me walk through one

Questions Asked

  1. 1.What is a merger model and what synergies would you typically analyze?
  2. 2.What factors would cause a company's P/E multiple to expand?

Definity Insurance

Actuarial Analyst

Waterloo, ON

Winter 2026Accepted

University of Waterloo · Actuarial Science

3rd year · 3.3-3.6 GPA · 2 past internships

Average Interview

Multiple roundsVirtualResume Review

hireVue first then two rounds. Second round had a case about a tech company entering the electric scooter market. I structured it well but gave a generic answer for the behavioral follow up about my approach to learning new skills. Group case after with other candidates where someone dominated the whole discussion.

Questions Asked

  1. 1.What do you know about Definity Insurance that made you apply?
  2. 2.What is a mortality table and how is it constructed?

CNA Insurance

Actuarial Analyst

Toronto, ON

Winter 2025No Offer

University of Toronto · Actuarial Science

2nd year · 2.9-3.2 GPA · 0 past internships

Easy Interview

Pre-recordedMultiple roundsSlow processBehavioral

Did hireVue with video and written responses. Then two more rounds, just behavioral. Over two months from start to rejection, I'd already accepted somewhere else by then. Timeline was rough

Questions Asked

  1. 1.How do you calculate a net premium in life insurance?
  2. 2.What assumptions go into a mortality pricing model?

Manulife Financial

Actuarial Analyst

Toronto, ON

Winter 2026Accepted

University of Waterloo · Actuarial Science

3rd year · 3.3-3.6 GPA · 1 past internship

Easy Interview

BehavioralTechnicalMultiple roundsVirtual

Smooth process, got the offer. HR round then actuaries. Exam questions and basic probability

Questions Asked

  1. 1.Describe a situation where you had to balance accuracy with a practical deadline

HOOPP

Actuarial Analyst

Toronto, ON

Summer 2026Accepted

University of Waterloo · Actuarial Science

2nd year · 0 past internships

Easy Interview

BehavioralFast processVirtual

No actuarial exam questions (thank the lord). Got an offer in 7 days

Questions Asked

  1. 1.Describe a modelling project you worked on and the key challenges you faced
  2. 2.What's the difference between term and whole life insurance?

Aviva

Actuarial Analyst

Toronto, ON

Summer 2026Accepted

University of Toronto · Actuarial Science

2nd year · 0 past internships

Easy Interview

BehavioralFast process

Applied through my school portal. Interview was with the team manager, mostly about exam progress and why actuarial. They gave a probability scenario and asked me to talk through it. Offer came about two weeks after

Questions Asked

  1. 1.What is the force of mortality?
  2. 2.Tell me about a time you had to explain an actuarial concept to a non-actuary

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